The National Company Law Appellate Tribunal (NCLAT) on Friday ordered a halt on insolvency proceedings against embattled education startup Byju’s, days after the startup settled a payments dispute case with the country’s cricket board. The order allowed the parties to settle the case and comes as a temporary relief for the startup, which once was India’s biggest, but in recent times has been plagued by boardroom exits, tussle with investors and a collapsing valuation.
The Supreme Court has fixed Sept 30 deadline for filing of report by panel led by ex-ISRO chief K Radhakrishnan to rectify deficiencies in examination system.
Two days after massive landslides struck the Wayanad district in Kerala, the death toll has climbed to 308. The Chief Minister chaired a high-level meeting that was attended by leaders of all political parties, state ministers, and other officials on Thursday. Kerala Chief Minister Pinarayi Vijayan said that the main priority now is the rescue of the missing persons and rehabilitation will be initiated at the earliest.
“Our focus is to rescue those who were isolated and stranded. I appreciate the efforts of the Army personnel. They have informed us that most of the trapped individuals have been rescued. Bringing down machinery to rescue those trapped under the soil was difficult and building the bridge eased the efforts. The construction of Bailey Bridge has been mostly completed,” CM Vijayan said while addressing the media in Wayanad.
Leader of Opposition in the Lok Sabha Rahul Gandhi on Friday claimed that an Enforcement Directorate raid is being planned against him after his ‘chakravyuh’ speech in Parliament. Gandhi said he was “waiting with open arms”. Apparently, 2 in 1 didn’t like my Chakravyuh speech. ED insiders’ tell me a raid is being planned, Gandhi said in a post on X early Friday. Waiting with open arms @dir_ed ..Chai and biscuits on me, the former Congress chief said.
