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Majority of Byju's shareholders vote for removing CEO, family members

Majority of Byju's shareholders vote for removing CEO, family members

Rediff.com23 Feb 2024

More than 60 per cent of shareholders of edutech Byju's on Friday voted for removal of founder CEO Byju Raveendran and his family over alleged "mismanagement and failures" at what was once India's hottest tech startup, but the company dug in its heels, calling the voting done in the absence of founders as "invalid". Prosus - one of the six investors who had called the extraordinary general meeting (EGM) - in a statement said "shareholders unanimously passed all resolutions put forward for vote.

How To Lose Belly Fat

How To Lose Belly Fat

Rediff.com23 Feb 2024

A fibre-rich food will help you lose weight and control blood sugar spikes, advises rediffGURU Rebecca Pinto.

Ikea India shuts its Mumbai City store, might open another in Pune

Ikea India shuts its Mumbai City store, might open another in Pune

Rediff.com23 Feb 2024

Furniture retailer Ikea India on Thursday said it will shut down its store in Mumbai's R City Mall by the middle of this year and explore omnichannel formats in the city. The store at R City Mall, which is spread across 72,000 sq ft, opened in June 2022 to test the viability of small-format stores. The company's plan to shut down the store illustrates the concerns surrounding the viability of running a small-format store, given the rising rentals.

Q3 sees startups turn a profitable corner

Q3 sees startups turn a profitable corner

Rediff.com23 Feb 2024

The third quarter (Q3) of 2023-24 (FY24) has proven to be pivotal, witnessing some startups turning profitable and others enhancing their performance as their businesses finally begin to deliver. Startups like Delhivery, Zomato, PolicyBazaar, Mamaearth, and Nykaa have either become profitable or improved their profit margins in Q3FY24. A renewed focus on profitability, supported by operational efficiencies, expense rein-in, and robust demand during the festival season, has empowered companies to strengthen their performance.

How Smart TV Is Changing India

How Smart TV Is Changing India

Rediff.com23 Feb 2024

The way video is being watched and monetised is changing. This is the first thing that stands out as the penetration of smart TVs continues to rise.

Byju Raveendran, board members will not attend BYJU's Feb 23 EGM

Byju Raveendran, board members will not attend BYJU's Feb 23 EGM

Rediff.com22 Feb 2024

Edtech firm Think and Learn Private Ltd, owner of Byju's, on Thursday said neither the company's founder and CEO Byju Raveendran nor any other board member will attend the extraordinary general meeting called by some select investors. Shareholders at Byju's are set to vote on Friday on a resolution brought by some investors to oust founder CEO Byju Raveendran and his family members over alleged "mismanagement and failures". Byju's has called the EGM "procedurally invalid" and contractually in contravention of the company's article of association and shareholder's agreement.

Cancer Tests You Must Do

Cancer Tests You Must Do

Rediff.com22 Feb 2024

Dr Minish Jain, director of medical oncology, Ruby Hall Clinic highlights the need and importance of early screening to detect and prevent cancer.

Hurrah For These Women Achievers!

Hurrah For These Women Achievers!

Rediff.com22 Feb 2024

More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.

Looking For Start-up Funding, Business Ideas?

Looking For Start-up Funding, Business Ideas?

Rediff.com21 Feb 2024

To be a leader you will have to deliver value to your clients and build trust, says rediffGURU Baqar Iftikhar Naqvi, CEO, Upriver.

No hiring freeze at TCS, but WFH may end

No hiring freeze at TCS, but WFH may end

Rediff.com20 Feb 2024

Tata Consultancy Services (TCS) on Tuesday ruled out cutting down on hiring, saying it has no plans of doing so but it may have to pace hiring according to the evolving demand scenario. TCS is the largest Indian software exporter in terms of headcount, revenue and profit. The statement comes amidst a report that the software industry is going soft on hiring as demand falters from their key markets and some of them are even going back on their campus offers.

Now Deepfake Video About Kohli!

Now Deepfake Video About Kohli!

Rediff.com20 Feb 2024

Superstar cricketer Virat Kohli has fallen victim to a deepfake scam as a morphed video circulates on social media depicting him endorsing an online betting app with an AI-generated voiceover.

'I don't like people messing with me'

'I don't like people messing with me'

Rediff.com20 Feb 2024

'Television actors are people who play with fire.'

Has Paytm Woken Up Too Late?

Has Paytm Woken Up Too Late?

Rediff.com20 Feb 2024

Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.

Just Starting Your Career? 10 Useful Tips

Just Starting Your Career? 10 Useful Tips

Rediff.com20 Feb 2024

Investing the time and resources needed to acquire new skill sets and sharpen existing ones will enable you to stay relevant and make you more employable, says Ankit Aggarwal, founder and CEO of Unstop.

HC says govt has power to delete articles on RAW ops, rejects plea

HC says govt has power to delete articles on RAW ops, rejects plea

Rediff.com19 Feb 2024

The bench added it was the petitioner who was putting the identity of intelligence officials at risk of getting exposed by discussing the issue in the court.

Are You Having An Emotional Affair?

Are You Having An Emotional Affair?

Rediff.com19 Feb 2024

You can end your marriage and move on with your extramarital partner, but is she willing to do the same as well? No point remaining stuck in limbo for years to come. Make a decision as to your future and move ahead.

Paytm Payments Bank fiasco: Independent directors raised concerns

Paytm Payments Bank fiasco: Independent directors raised concerns

Rediff.com18 Feb 2024

At a time when the role of corporate boards is once again under the scanner, independent directors on the Paytm Payments Bank board have indicated that red flags were raised over regulatory issues but they may have been late in doing so. "As independent directors, we asked questions and monitored responses to the Reserve Bank of India (RBI). Many changes were made on compliances. "Obviously, in retrospect, it was not found to be enough," said one of the independent directors on the condition of anonymity.

Bilkis convict moves HC for parole to attend niece's wedding

Bilkis convict moves HC for parole to attend niece's wedding

Rediff.com17 Feb 2024

Rameshbhai Chandana approached the high court on Friday with a plea to be released on parole to attend his niece's wedding.

Hong Kong busts $1.8-bn money laundering syndicate with India links, 7 held

Hong Kong busts $1.8-bn money laundering syndicate with India links, 7 held

Rediff.com16 Feb 2024

The syndicate used "stooge" bank accounts and shell companies to transfer the largest amount linked to a single case recorded in the city, the Customs and Excise Department of Hong Kong said.

Law panel recommends mandatory NRI, OCI marriage registration

Law panel recommends mandatory NRI, OCI marriage registration

Rediff.com16 Feb 2024

Such a legislation, the panel said, should be made applicable not only to the NRIs but also to those individuals who come within the definition of 'Overseas Citizens of India' as laid down in the Citizenship Act, 1955.

What To Do When You're Stuck In Your Career

What To Do When You're Stuck In Your Career

Rediff.com16 Feb 2024

rediffGURU Krishna Kumar, founder and CEO of GoMoTech, offers expert advice on how to scale up in your career and life.

Midcap, smallcap indices have nearly doubled in 4 years'

Midcap, smallcap indices have nearly doubled in 4 years'

Rediff.com16 Feb 2024

'We are cautious only on sub-sectors that have seen massive melt-up during the past six months.'

The Beginner's Guide To Investing In Real Estate

The Beginner's Guide To Investing In Real Estate

Rediff.com16 Feb 2024

If you're a beginner eager to embark on wealth-building journey in the real estate sector, Karan Shetty shares this comprehensive guide on how to get started.

6 Jobs That Can Get A Six-Figure Salary

6 Jobs That Can Get A Six-Figure Salary

Rediff.com15 Feb 2024

Nikhil Anand, senior vice president, operations, at NLB Services explains why professionals who are adept at data, cloud computing and cybersecurity will earn well in 2024.

Nykaa Q3 review: Analysts cut Ebitda estimates on weak discretionary demand

Nykaa Q3 review: Analysts cut Ebitda estimates on weak discretionary demand

Rediff.com15 Feb 2024

Brokerages have maintained their ratings and target prices on FSN E-Commerce Ventures, the parent company of Nykaa, after the fashion and beauty online retailer posted in-line numbers during the October-December quarter (Q3) of financial year 2023-24 (FY24). They have, however, cut earnings before interest, tax, depreciation, and amortisation (Ebitda) estimates after weak demand weighed across line items in Q3. "While revenue growth was healthy at 22 per cent year-on-year (Y-o-Y), gross margins declined 90 basis points (bps), weighed by higher discounting in own brands and lower ad income.

Honey-trapped Moscow embassy man passed on info on weapons systems

Honey-trapped Moscow embassy man passed on info on weapons systems

Rediff.com14 Feb 2024

The ATS in its probe through electronic and physical surveillance found that he was involved in anti-India activities with the network of the ISI handlers.

Is Your Child Rude? Doesn't Like To Eat?

Is Your Child Rude? Doesn't Like To Eat?

Rediff.com14 Feb 2024

rediffGURU Dr Deepa Suvarna, a pediatrician with over 25 years of experience, offers expert advice on how you can ensure your child is healthy and happy.

Dhoni's Friendship is No.1

Dhoni's Friendship is No.1

Rediff.com14 Feb 2024

'I feel very proud of him. He has always been there for us. And this is our friendship. Friendship No 1,' Paramjit Singh told the AajTak channel.

Love Storiyaan Review: Ode To The Power Of Love

Love Storiyaan Review: Ode To The Power Of Love

Rediff.com14 Feb 2024

Love Storiyaan comes alive in the courageous and fearless voice of six spirited romantics speaking direct dil se, applauds Sukanya Verma.

Self-Employed? How To Get Term Insurance?

Self-Employed? How To Get Term Insurance?

Rediff.com13 Feb 2024

A prudent guideline for self-employed individuals is to target at least 10 to 15 times their actual annual income when determining life insurance coverage.

'Cheating wife wants to destroy my life'

'Cheating wife wants to destroy my life'

Rediff.com12 Feb 2024

rediffGURU Kanchan Rai, founder, Let Us Talk, offers advice on how to navigate problems in a relationship.

How I Found Love Online: 4 Tips

How I Found Love Online: 4 Tips

Rediff.com12 Feb 2024

"If you feel something is right, go for it," says Anamika who also found her match on a dating app.

How to Keep Your Kidneys Healthy

How to Keep Your Kidneys Healthy

Rediff.com8 Feb 2024

rediffGURU Dr Vinod Kumar, a consultant kidney health specialist at Aster RV Hospital, Bengaluru, offers advice to improve the health of your kidneys.

Cervical Cancer: Don't Ignore These Symptoms!

Cervical Cancer: Don't Ignore These Symptoms!

Rediff.com7 Feb 2024

Early-stage cervical cancer may not exhibit noticeable symptoms, warns Dr Abha Bhalerao, consultant gynaecologist at Ruby Hall Clinic. But remember, cervical cancer is curable, preventable and treatable.

Investing In Silver ETFs? An FAQ

Investing In Silver ETFs? An FAQ

Rediff.com7 Feb 2024

Anamika Pareek answers five most frequently asked questions about investing in silver ETFs

Disney, Fox, Warner Bros to collab for sports streaming

Disney, Fox, Warner Bros to collab for sports streaming

Rediff.com7 Feb 2024

The CEOs have been discussing a collaboration for some time, according to two people with knowledge of the situation.

'My daughter wants to pursue astrophysics. Pls help'

'My daughter wants to pursue astrophysics. Pls help'

Rediff.com6 Feb 2024

rediffGURU Rohit Gupta, co-founder and COO of College Vidya, offers expert advice on career programmes in India.

GOOD News! No Drug Price Hike In 2024

GOOD News! No Drug Price Hike In 2024

Rediff.com6 Feb 2024

For the consumer, there would be practically no impact on prices of essential medicines this year.

Retweeting libelous content is defamation, says court in Kejriwal case

Retweeting libelous content is defamation, says court in Kejriwal case

Rediff.com6 Feb 2024

The high court said a sense of responsibility has to be attached while retweeting content about which one does not have knowledge and added that retweeting of defamatory content must invite penal, civil as well as tort action if the person retweeting it does not attach a disclaimer.

IYCU: How To Fund Your Research Internship In Life Science

IYCU: How To Fund Your Research Internship In Life Science

Rediff.com5 Feb 2024

The Next-Gen Scientists Foundation programme offers an opportunity to fund internships for undergraduate and postgraduate students who wish to gain research experience in life sciences.

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