News
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From alarm to alarming to panic: Byju's and its auditing lessons
The fiasco of coding startup WhiteHat Jr, the blunder of over-speeding in overseas buys, a flagrant delay in filing audited financials, extravagant marketing and advertising spend, ballooning losses... the warning signs were hard to miss. With auditors resigning and a few board members stepping down, is India's biggest edtech player staring at an uncertain future?
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Three Byju's board members resigned over differences with the founder, but why didn't they do so sooner?
Delay in filing accounts, audit reports should have been cause for alarm and action
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Deloitte, Byju's and questions without answers
A sudden exit of Deloitte, and an equally swift appointment of a new auditor by Byju's raises a series of unanswered questions
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Titanic tourist submersible faces 'catastrophic implosion', all five presumed dead: What happens next?
Titanic tourist submersible faces 'catastrophic implosion', all five presumed dead: What happens next? The international search operation was called off when pieces and debris from the Titan were found 1,600 feet from the bow of the Titanic shipwreck. However, questions remain unanswered
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Morning Buzz: More trouble at Byju's, GE Aerospace-HAL sign deal and more
Here are the top business headlines this morning, to get your day started
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Why GE's deal with HAL is a game changer for Indian defence
The Boston-headquartered company has signed an MoU with Hindustan Aeronautics Limited to produce jet engines for the indigenously developed Light Combat Aircraft, Tejas Mk2. Analysts say this could pave the way for the induction of US fighter jets in the future
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Morning Buzz: TCS bags $1.9 billion from Nest, all eyes on the Nifty 50 index as it nears lifetime high, and more
The deal is the fourth-largest that the IT giant has finalised in recent months; the Sensex index hit a new high on Wednesday
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Meet the man who designed the new jerseys for Indian cricketers
With the Test jersey selling out on kit sponsor Adidas's website in two days, it's evident that designer Aaquib Wani's focus on simplicity and comfort has gone down well with Indian fans
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Titanic tourist submersible missing, Pakistani millionaires on board: What we know so far
The OceanGate expedition, with five people who paid $250,000 each to see the remains of the Titanic, lost contact with its support ship. Banging sounds have been reported to be heard as international search operations are underway and oxygen-time is running out. Shahzada Dawood, one of Pakistan's richest men, is on board, along with his 19-year-old son, Suleman, and British billionaire Hamish Harding
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From Tesla CEO Elon Musk to astrophysicist Neil De Grasse Tyson: PM Narendra Modi meets a diverse group in the US
Prime Minister Narendra Modi is on a state visit to the US, at the invitation of President Joe Biden and First Lady Jill Biden
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Morning buzz: Tesla and Google's plans for India, Air India's mega aircraft order, and more
Here are the top business headlines this morning to get your day started