Sagar Rath

Byju Raveendran Faces Reckoning as Ed-Tech Giant Collapses

Byju Raveendran, once a mathematics teacher turned billionaire entrepreneur, now faces his toughest challenge. His ed-tech company, Byju’s, has plummeted from a $22 billion valuation to below $2 billion. Accusations of financial mismanagement and compliance issues have led to insolvency proceedings, casting a shadow over his legacy. Rise to Prominence Raveendran’s journey began humbly in…

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Global Leaders Pay Tribute to Biden’s Legacy as He Exits 2024 Presidential Race

On Sunday, President Joe Biden announced he would not seek re-election in 2024, endorsing Vice President Kamala Harris for the Democratic nomination. This announcement prompted reactions from leaders worldwide, who lauded Biden’s long and impactful career. Democratic and Republican Reactions Democrats praised Biden’s dedication and legacy, emphasizing his many years of public service. Republicans, on…

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Hinduja Tech to Acquire Germany’s Tecosim Group for €21 Million

Hinduja Tech, a subsidiary of Ashok Leyland, is set to acquire Germany-based engineering firm Tecosim Group for €21 million (approximately ₹190 crore). This strategic move is designed to expand Hinduja Tech’s presence in the European market and enhance its global capabilities in mobility engineering services. Background on Hinduja Tech Hinduja Tech, established as a leading…

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Governor Highlights New Initiatives in Odisha Assembly Address

The first session of the 17th Odisha Legislative Assembly began with a stormy start. Opposition parties, BJD and Congress, staged a walkout. Despite the commotion, Governor Raghubar Das outlined the state government’s plans. Governor’s Assurance Governor Raghubar Das emphasized the government’s dedication to welfare and development. He assured unbiased policies and transparent governance, focusing on…

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17th Odisha Assembly Session Begins with High Security and Intense Political Drama

The 17th Odisha Legislative Assembly starts on Monday. The newly formed BJP government, led by Chief Minister Mohan Charan Majhi, will commence its first session. Governor Raghubar Das will address the Assembly to mark the beginning. All-Party Meeting On Sunday, Speaker Surama Padhi held an all-party meeting. The goal was to ensure smooth functioning of…

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Trump’s First Call as Republican Nominee; Guarantees to End Ukraine-Russia War After Call with Zelenskyy

Donald Trump has pledged to end the Ukraine-Russia war following a congratulatory call from Ukrainian President Volodymyr Zelenskyy. The two leaders spoke over the phone on Friday, marking Trump’s first conversation with a foreign leader since officially becoming the Republican Party’s presidential nominee. This call highlights the growing international awareness of Trump’s potential impact on…

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