NCLAT accepts settlement plan between Byju's and BCCI, edtech giant gets breather from insolvency proceedings. This and more.

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NCLAT accepts settlement plan between Byju's and BCCI, edtech giant gets breather from insolvency proceedings

NCLAT accepted the settlement between Byju's and BCCI (operational creditor) after recording an undertaking that the repayment is being personally funded by Riju Raveendran (brother of Byju Raveendran) and not taken from money that should go to financial creditors.

 
 
 
 
 
 
 
 
 

 Market Today

 

Friday crash: Sensex gives up 81k, Nifty ends below 24,800; is 'sell on rise' back on D-Street?

Sensex, Nifty crash: The correction came a day after benchmark indices hit fresh record highs in both intraday and closing basis. In fact, Nifty managed to close above the key 25,000 mark on Thursday.

 
 
 
 
 
 
 
 
 

 BTTV

 

What Should Investors Do with Zomato Stocks?

Zomato shares have reached a record high following the company's strong performance in Q1FY25. The impressive quarterly results have bolstered investor confidence, leading to a significant surge in the stock price. Mayuresh Joshi, a well-known analyst from William O'Neil India, has weighed in on the recent developments. According to Joshi, the fundamentals of Zomato remain strong, and the company's growth trajectory appears promising.

 
 
 
 
 
 
 
 
 

 BT Magazine

 

'The Religare board is firmly behind me': As Burmans vs Religare heats up, Rashmi Saluja stays defiant

Religare Executive Chairperson Rashmi Saluja on the battle with the Burmans, allegations, and more.

 
 
 
 
 
 
 
 
 

 BTTV

 

Exclusive: Srikanth Gopalakrishnan, CFO, Five Star On Q1, Rs 10,000 Cr AUM & NBFC Sector Outlook

Business Today TV's Shailendra Bhatnagar speaks to Srikanth Gopalakrishnan, CFO of Five-Star Business Finance Ltd, on Q1 results, the Rs 10,000 crore AUM milestone, and insights on the loans and NBFC sector outlook.

 
 
 
 
 
 
 
 
 

 Market Today

 

Tata Power shares hit record high: Price targets, support, stop loss and more

Tata Power shares surged to a high of Rs 470.85 against the previous close of Rs 464.35 on BSE. Market cap of Tata Power crossed the Rs 1.5 lakh crore mark.

 
 
 
 
 
 
 
 
 

 Market Today

 

Coming up: 'Demystified filing' for faster IPO nods. Sebi chief explains how it will work

In addition to simplifying IPO filings, SEBI is also bringing in a combination of rights issues and preferential allotments. This new combo product will integrate the best aspects of both methods, significantly reducing the processing time from 42 days to 23 days.

 
 
 
 
 
 
 
 
 

 Money Today

 

ITR 2024: Over 7.28 crore tax returns filed till July 31, 5.27 crore opted for New Tax Regime

The Income Tax department noted that the total number of ITRs for AY 2024-25 filed till 31st July, 2024, was more than 7.28 crore, which is 7.5% more than the total ITRs for AY 2023-24 (6.77 crore) filed till 31st July, 2023.

 
 
 
 
 
 
 
 
 

 Corporate

 

Essar's Black Box secures Rs 410 crore in funding; to invest in data centres, network infra

After the conversion of warrants into equity, promoter shareholding will decrease slightly from the existing 71.1 per cent to 69.8 per cent.

 
 
 
 
 
 
 
 
 

 Tech Today

 

Chandrayaan-3 success boosted startup's interest in Indian space sector: Former ISRO Scientist

The successful Chandrayaan-3 mission by ISRO has sparked interest among startups in the Indian space sector, according to former ISRO scientist Nambi Narayanan. Tamil Nadu Minister TRB Rajaa and Narayanan participated in the launch of the Vaanam Space Tech Accelerator to nurture these startups.

 
 
 
 
 
 
 

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