Day: February 23, 2024

Byju’s Boardroom Turmoil: Investors Launch Legal Blitz to Oust CEO Amid Governance Crisis

Manish Kumar

Four Byju’s investors file suit against founder Byju Raveendran Allegations of oppression, and mismanagement by CEO and top management Investors seek forensic audit and new board appointment Raveendran has staunchly defended his position, asserting that the allegations are baseless and the EGM is procedurally flawed. The outcome of the legal battle remains uncertain, with both sides digging in for a protracted struggle. As the controversy intensifies, it casts a shadow over Byju’s future and raises questions about the stability of India’s burgeoning edtech sector. In a dramatic turn of events,…

Jaishankar Highlights India’s Stance on Kashmir at Raisina Dialogue 2024

Manish Kumar

The Raisina Dialogue serves as an annual platform addressing global geopolitical and geoeconomic challenges. Themed “Chaturanga: Conflict, Contest, Cooperate, Create,” this year’s dialogue convenes stakeholders from diverse sectors including politics, business, media, and civil society. Speaking at the ninth edition of the Raisina Dialogue 2024, External Affairs Minister S Jaishankar emphasized India’s approach to the Kashmir issue. Advocating for multilateralism, Jaishankar highlighted its coexistence with national interests, stressing that opposition to multilateralism is unwarranted. Hosted by the Observer Research Foundation in collaboration with the Ministry of External Affairs, the conference…

Farmers Declare “Black Day” and Prepare for Mega Protests

Manish Kumar

The Samyukt Kisan Morcha (SKM) is gearing up for a significant demonstration termed as ‘Black Friday. Led by Bharatiya Kisan Union (BKU) leader Rakesh Tikait, protesting farmers are set to launch a series of impactful actions. BKU leader Rakesh Tikait announced plans for a tractor march towards the national capital on highways, emphasizing their determination to continue the struggle. Tikait disclosed the upcoming tractor march scheduled for February 26, intended to draw attention to their demands. He outlined further strategies, including a gathering at Ram Leela Ground in Delhi on…

PM Modi Surges Ahead as World’s Most Admired Leader

Manish Kumar

According to a survey conducted by a US-based global decision intelligence agency, Prime Minister Narendra Modi has emerged as the most popular global leader. Surpassing prominent figures such as Joe Biden, and Rishi Sunak, Modi’s popularity continues to soar on the international stage. Ranked first with a substantial 78 percent approval rating, Modi’s popularity outshines other global leaders. Mexican President Andrés Manuel López Obrador follows closely behind with a 65 percent approval rating, while Argentina’s Javier Milei secures the third spot with 63 percent approval. According to a survey conducted…

CBSE Proposes Open-Book Examinations for Classes 9 to 12

Manish Kumar

In line with the latest recommendations of the NCFSE, the CBSE has put forth a proposal to introduce Open Book Examinations (OBE) for students in classes 9 to 12. The CBSE suggests conducting a trial phase of open-book tests in selected schools for English, Mathematics, and Science subjects for classes 9 and 10. And the same will be tried for English, Mathematics, and Biology for classes 11 and 12 later in the current academic year. Previous experiments with Open Text Based Assessment (OTBA) for classes 9 and 11 during the…

Milestone in Healthcare: Odisha’s New Cancer Hospital Inaugurated by Chief Minister Naveen Patnaik

Manish Kumar

Chief Minister of Odisha, Naveen Patnaik inaugurated the Bagchi Sri Shankara Cancer Centre and Research Institute, a monumental addition to the state’s healthcare infrastructure. With a staggering investment of Rs 410 crore, spearheaded by the Bangalore-based Sri Shankara Cancer Foundation, this facility stands as a beacon of hope for cancer patients. Subroto Bagchi, and his wife Susmita Bagchi have contributed Rs 340 Cr generously. Emphasizing the government’s commitment to bolstering healthcare infrastructure, the Chief Minister highlighted Odisha’s emergence as a medical care hub. Gratitude resonated throughout the ceremony as Chief…

CBI Conducts Extensive Raids on Ex-J&K Governor Satya Pal Malik’s Premises in Corruption Probe

Manish Kumar

The Central Bureau of Investigation (CBI) has launched searches at 30 locations associated with former Jammu and Kashmir governor Satya Pal Malik. The probe revolves around purported irregularities in the awarding of civil works contracts for the Kiru Hydro Electric Power Project (HEP), valued at ₹2,200 crore. Satya Pal Malik served as governor of Jammu and Kashmir from August 23, 2018, to October 30, 2019. During its previous operations, the CBI seized various incriminating materials, including digital devices, computers, property documents, and cash exceeding ₹21 lakh. Mr. Malik issued a…

Enforcement Directorate Issues Lookout Notice Against Byju’s CEO, Prevents Exit from India

Manish Kumar

The Enforcement Directorate has taken a significant step against Byju’s CEO Byju Raveendran by issuing a lookout notice, barring him from leaving India. Meanwhile, the Karnataka High Court has declined to hold an emergency shareholder meeting initiated by select investors of Think and Learn Pvt Ltd, the parent company of Byju’s. The legal proceedings surrounding Byju’s have been ongoing, with the next hearing scheduled for March 13, as per sources cited by a media outlet. In November 2023, the ED had issued a show cause notice to Think and Learn…

Singer Sona Mohapatra Condemns Rahul Gandhi’s Remarks on Aishwarya Rai

Manish Kumar

Singer Sona Mohapatra has taken a stand against Congress leader Rahul Gandhi’s recent comments targeting Prime Minister Narendra Modi and Bollywood actress Aishwarya Rai. During the ‘Bharat Jodo Nyay Yatra’ in Prayagraj, Rahul Gandhi made remarks questioning the absence of OBCs and Dalits at the Ram Temple inauguration. She called out Gandhi, urging him to refrain from demeaning women for political gain. Gandhi’s criticism extended to the lack of representation of farmers, laborers, and small shopkeepers at the Ram Temple event. Mohapatra’s stance highlights the importance of respecting individuals regardless…