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Byju's founder alleges hostile takeover, to sue debt buyers for $2.5 bn

Byju's founder alleges hostile takeover, to sue debt buyers for $2.5 bn

Byju Raveendran, founder of the embattled Indian education technology company, has accused opportunistic debt buyers of orchestrating a “hostile takeover” through bankruptcy proceedings, claiming they purchased distressed loans at deep discounts to seize control of his once-$22 billion startup.

In a lengthy statement on LinkedIn marking one year since Think & Learn Pvt, which operates as Byju’s, entered insolvency proceedings, Raveendran said the company was current on interest payments when creditors triggered bankruptcy over what he called a “technical default” related to delayed audit filings.

3 terrorists killed in Op Mahadev linked to Pahalgam attack: Amit Shah

3 terrorists killed in Op Mahadev linked to Pahalgam attack: Amit Shah

Home Minister Amit Shah on Monday informed the Lok Sabha that the three terrorists killed in Jammu and Kashmir were involved in the recent attack at Baisaran in Pahalgam.

On July 28, the Army’s elite para commandos shot dead the suspected mastermind behind the Pahalgam terror attack, along with two of his associates, during an encounter in a forested area on the outskirts of Srinagar in Kashmir.

Shailesh Jejurikar to take over as P&G's first Indian CEO from January 1

Shailesh Jejurikar to take over as P&G's first Indian CEO from January 1

Shailesh Jejurikar has been appointed by Procter & Gamble (P&G) as its president and chief executive officer, effective 1 January, becoming the first Indian in the consumer major’s history to lead the company.

He will succeed Jon Moeller, the current chief executive officer at the company.

Starlink can provide services only to 2 million users in India: Centre

Starlink can provide services only to 2 million users in India: Centre

Elon Musk’s satellite communication service Starlink will be able to provide connections to only 2 million users in India, with a maximum speed of 200 megabits per second (mbps) across the country for ₹3,000 per month, said Union Minister of State for Telecommunications Pemmasani Chandra Sekhar.

It is due to this high upfront cost that the services of Bharat Sanchar Nigam (BSNL), especially in rural areas, will not be impacted, Pemmasani said.

RS adjourned for day as Oppn protest continues over Bihar's SIR issue

RS adjourned for day as Oppn protest continues over Bihar's SIR issue

The Rajya Sabha was adjourned for the day little after 2 pm on Monday as Opposition MPs continued to protest over the issue of the Special Intensive Revision (SIR) exercise in Bihar.

The Upper House saw two adjournments in the pre-lunch sitting, the first coming within minutes of meeting at 11 am when it was adjourned till 12 noon.

Over 31,500 govt employees opt for UPS till July 20, says FM Sitharaman

Over 31,500 govt employees opt for UPS till July 20, says FM Sitharaman

As many as 31,555 central government employees have opted for the Unified Pension Scheme (UPS) till July 20, and the last date to enrol under the scheme is September, Parliament was informed on Monday.

In a written reply in the Lok Sabha, Finance Minister Nirmala Sitharaman said as on July 20, 2025, at least 7,253 claims have been received and out of which 4,978 claims have been processed for payment of benefits under UPS.

Congress, Chidambaram speaking Pakistan's language: Shivraj Chouhan

Congress, Chidambaram speaking Pakistan's language: Shivraj Chouhan

Union minister Shivraj Singh Chouhan on Monday accused the Congress and its leader P Chidambaram of "speaking the same language" as used by Pakistan and claimed that the Opposition was "running away" from a discussion in Parliament on Operation Sindoor out of fear of being unmasked.

Speaking to reporters inside the Parliament complex, he said when the government is ready to discuss the issue then why is the Opposition running away from it.

Rajnath Singh praises Op Sindoor, says 'mission completed in 22 minutes'

Rajnath Singh praises Op Sindoor, says 'mission completed in 22 minutes'

Defence Minister Rajnath Singh on Monday said that over 100 terrorists were eliminated in Pakistan and Pakistan-occupied Kashmir (PoK) during a precise and swift military operation by India in May this year. Opening the debate on Operation Sindoor in the Lok Sabha, Singh told the House that the entire mission was completed in just 22 minutes.

“The entire operation was concluded within 22 minutes,” Singh said.

Sonia, Kharge, Rahul, Akhilesh join Oppn leaders in protest against SIR

Sonia, Kharge, Rahul, Akhilesh join Oppn leaders in protest against SIR

Several MPs of the INDIA bloc parties, including Congress chief Mallikarjun Kharge and Congress parliamentary party chairperson Sonia Gandhi, protested in the Parliament House complex on Monday against the Election Commission's voter roll revision in Bihar, and demanded its rollback.

Ahead of the day's proceedings in Parliament, top opposition MPs, including Sonia Gandhi, Kharge, Leader of Opposition in the Lok Sabha Rahul Gandhi.

Tata Sons expects reprieve from IPO deadline amid RBI rule review

Tata Sons expects reprieve from IPO deadline amid RBI rule review

Tata Sons Pvt., the closely-held holding company of India’s salt-to-software conglomerate, is not making any preparations for a near-term share sale as it believes the country’s regulators will extend a deadline to take itself public, said people familiar with the matter.

Following engagement with officials, the company’s leaders expect it will receive official communication from the Reserve Bank of India granting extension for an initial share sale amid a nationwide review of rules governing entities that are not public-facing and do not require public funds, said the people, who asked not to be named discussing information that’s sensitive.

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