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Aakash Chaudhry likely to return as CEO of Byju’s-owned Aakash Educational Services

Oct 16, 2023

New Delhi, Oct 16 (IANS) In some cheers for edtech unicorn Byju’s which is facing a myriad of issues, Aakash Chaudhry is reportedly set to return as CEO of Aakash Educational Services that Byju’s acquired in April 2021.According to sources, the companies are finally set to reach a deal after months of dispute.Chaudhry was the CEO till November…

WPI inflation eases in Sep as food prices prices fall

Oct 16, 2023

New Delhi, October 16 (IANS) India's wholesale price index (WPI) based inflation remained in negative zone as it eased to (-) 0.26 per cent in September against (-) 0.52 per cent recorded the previous month, according to data released by…

Business

Oil prices rise on Middle East tensions

Oct 16, 2023

Hong Kong, Oct 16 (IANS) Oil prices rose above $91 a barrel on Monday as diplomatic efforts to address the crisis in the Middle East intensified.Investors are concerned that theIsrael-Hamas warcould sparka wider conflict in the oil-rich…

Business

Paints, tyres & aviation stocks to be under pressure from rising crude prices

Oct 16, 2023

New Delhi, Oct 16 (IANS) Concerns regarding the spread of the Israel-Hamas conflict have triggered a sharp spike in Brent crude to above $90 and safe-haven buying has pushed gold to above $1900, says V.K. Vijayakumar, the Chief Investment…

Business

AERA issues warning to airport operators over unauthorised passenger tariffs

Oct 16, 2023

New Delhi, Oct 16 (IANS) The Airports Economic Regulatory Authority (AERA) has issued a stern warning to airport operators regarding the imposition of unauthorised tariffs on passengers. This directive follows AERA's observation of a…

Business

Tesla launches official API documentation to support 3rd-party apps

Oct 16, 2023

San Francisco, Oct 16 (IANS) Electric car company Tesla has released official application programming interface (API) documentation to support third-party apps.At this moment, the API only covers the command that you can send to your car…

Business

Kashi gets new railway yard to handle 100 pairs of trains daily

Oct 16, 2023

Lucknow, Oct 16 (IANS) In one of the most challenging railway yard remodelling in a decade, the Northern Railway's (NR) Lucknow division has commissioned a new yard in Varanasi.The yard can handle an average of 80-100 pairs of trains per…

Business

TCS sacks 16 employees, bars 6 vendors involved in bribes-for-jobs scam

Oct 16, 2023

Bengaluru, Oct 15 (IANS) Tata Consultancy Services (TCS) on Sunday revealed it had sacked 16 employees and blacklisted six staffing firms, after its investigation into the bribes-for-jobs scandal. In an exchange filing, the company said…

Business

Delhi court denies default bail to Supertech Chairman in PMLA case

Oct 16, 2023

New Delhi, Oct 15 (IANS) A court has refused to grant default bail to Supertech Group Chairman R.K. Arora in connection with a case under the Prevention of Money Laundering Act (PMLA) registered by the Enforcement Directorate (ED).Arora's…

Business

Get a taste of ‘Made in UP’ wine this festive season

Oct 15, 2023

Lucknow, Oct 15 (IANS) The first wine, made in Uttar Pradesh, is likely to be served during the ongoing festival season.The excise department has given its go-ahead to a Muzaffarnagar-based entrepreneur to commence commercial operations of…

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