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2 weeks ago | 
dnaindia.com | Prashant Tamta
Several businessmen once ran companies worth thousands of crores. However, due to different reasons, they faced major financial setbacks. Later, some have had to shut down their firms. Some companies managed to survive but experienced a dramatic decline in their market valuation. One such person who once ran India's most valuable edtech startup is Byju Raveendran, the founder of BYJU’S.
Launched in 2015, BYJU'S achieved unicorn status by 2019.
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2 weeks ago | 
dnaindia.com | Prashant Tamta
Europe is now completely dependent on Israel for its security. Why are we saying this? To know and understand this, you should see the latest figures related to Israel's defence exports. In 2024, 54 per cent of Europe's weapon imports were supplied by Israel. In 2023, this figure was only 35 per cent, and in 2022, only 29 per cent of Europe's weapons were coming from Israel. That is, in three years, the export of Israeli weapons to Europe has almost doubled.
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2 weeks ago | 
dnaindia.com | Prashant Tamta
The government led by Pakistan Prime Minister Shehbaz Sharif has approved a massive 500 per cent salary increase for the Speaker of the National Assembly and the Chairman of the Senate (Upper House), local media reported on Saturday. The move comes at a time when Pakistan's economy is crippled by unending political chaos and huge unrest in the provinces of Balochistan and Khyber Pakhtunkhwa, formerly known as the North West Frontier Province (NWFP).
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2 weeks ago | 
dnaindia.com | Prashant Tamta
In a huge relief for Infosys, India's second-largest IT firm, the Director General of GST Intelligence (DGGI) has closed pre-show cause notice proceedings against the company for financial years 2018-19 to 2021-22, involving a GST amount of Rs 32,403 crore, the company said in a statutory filing. With the receipt of the communication from DGGI, "this matter stands closed", the IT giant said.
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2 weeks ago | 
dnaindia.com | Prashant Tamta
Byju Raveendran has suffered a major setback as the National Company Law Appellate Tribunal (NCLAT) has dismissed Byju’s appeal seeking permission for an equity fund raise by its subsidiary Aakash Educational Services, CNBCTV18 reported. The order comes amid a legal tussle with Blackstone, which holds a 6.8 per cent stake in Aakash through its entity Topco.
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3 weeks ago | 
dnaindia.com | Prashant Tamta
Infosys news: Narayana Murthy's IT firm, Infosys, is India's second-largest software company. The company currently has a market cap of Rs 6.48 lakh crore, as of June 7. It often announces new initiatives for its employees. Now, the company has launched a new initiative offering cash rewards to senior staff members who participate in lateral recruitment interviews. The Bengaluru-based IT firm has introduced this incentive-driven scheme for the first time.
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3 weeks ago | 
dnaindia.com | Prashant Tamta
World's richest man, Elon Musk, is set to offer satellite internet services in India as his Starlink satellite internet company, Starlink, received approval from the government. Starlink is the third company to receive the nod for GMPCS services from the Department of Telecom, after Sunil Mittal-backed OneWeb and Mukesh Ambani's Reliance Jio. Once operational, internet services can be accessed in any part of India. Starlink is available in 100 countries.
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3 weeks ago | 
dnaindia.com | Prashant Tamta
Many Indian billionaires are expanding their business empires not only in India but also in other countries. After thriving in their businesses in one sector, they invest in other fields. One such person is Anil Agarwal, chairman and founder of Vedanta Resources. He is also the chairman of the Anil Agarwal Foundation, the philanthropic arm of Vedanta.
Agarwal is a metals and mining magnate who turned a tiny scrap metal business into Vedanta Resources.
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3 weeks ago | 
dnaindia.com | Prashant Tamta
The arrest of Jyoti Malhotra revealed that Pakistan had created a network of spies in India through YouTubers. Now, another big revelation has been made on this spy network. At the centre of the new revelation is a Pakistani agent, whose codename is Madam N. Who is this Madam N and how was she involved in anti-India conspiracies?
The full name of this Pakistani spy is Naushaba Shahzad Masood, and her current base is Phase No. 8 of Defence Housing Society, Lahore.
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3 weeks ago | 
dnaindia.com | Prashant Tamta
The internet is abuzz with multiple reports claiming that the central government has declared a national holiday on Friday, June 6. This comes amid Eid Al-Adha 2025, one of the most significant festivals for Muslims, which is expected to be observed on Saturday, June 7. This festival occurs in Zul Hijjah, the 12th month of the Islamic lunar calendar, which is considered one of the holiest months for Muslims.
