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Insolvency proceedings will force edtech major Byju's to shut down: CEO

The 452-page filing at the High Court of Karnataka, made by Raveendran's counsel MZM Legal, is not public but has been reviewed by Reuters

ONGC Videsh to pay Equinor $60 million for stake in Caspian Sea oil assets

OVL, overseas investment arm of India's top explorer, will buy 0.615% stake in the oilfield and a 0.737% share in Baku Tbilisi Ceyhan (BTC) pipeline from Equinor, it said in stock exchange filing

ICICI Lombard Q1 results: PAT up 49% to Rs 580 cr on motor insurance boost

Profit after tax rose to 5.80 billion rupees ($69.4 million) for the quarter ended June 30 from 3.90 billion rupees a year earlier, the company said in an exchange filing

Vietnam's ruling Communist Party chief Nguyen Phu Trong dies at 80

Vietnam's President To Lam took over Trong's duties on Thursday when the party announced aging leader needed to focus on medical treatment

Major US airlines ground flights amid global Microsoft outage roils ops

American Airlines, however, later said in a statement it had re-established operations. Frontier and Spirit too cancelled directives to ground planes

World stocks dip amid economic uncertainty, global outage disruptions

European shares slipped, Asia shares fell following an overnight selloff on Wall Street, and U.S. stock futures pointed to a weaker open later in the day.

Early US back-to-school sales accelerate peak ocean shipping season

"It looks like this year, July is in fact the peak of peak (season), instead of the beginning," said Stephanie Loomis, Rhenus Logistics' head of ocean freight for the Americas

BPCL Q1 results: Net profit declines 71% to Rs 3,015 cr on higher costs

The state-owned firm's standalone net profit fell 71% to 30.15 billion rupees (around $360 million) for the three months ended June 30

Trump tramples on Republican Party's effort to revamp his image during RNC

Early in his speech on Thursday night, as he accepted his party's presidential nomination at RNC in Milwaukee

Japan attracts record 3.14 mn visitors in June as weak yen draws tourists

The number of foreign visitors for business and leisure was 3.14 million last month, exceeding the previous monthly record of 3.08 million set in March

Britain borrows more than expected, underscoring task for new government

Public sector net borrowing, excluding state-controlled banks, was a larger-than-expected $18.75 billion last month

Chinese officials expect bumpy road in economic policy implementation

Officials made a raft of pledges, from modernising the industrial complex to expanding domestic demand

Tel Aviv blast claimed by Houthi an apparent drone attack, says military

The explosion, which did not trigger air raid alarms, occurred hours after the Israeli military confirmed it had killed a senior commander of the Iran-backed Hezbollah militia

Globally-mobile millionaires threaten to leave Britain over tax revamp

Starmer says the overhaul will make Britain's tax system fairer and raise funds for stretched public services

Microsoft resolves cloud outage that led US airlines to ground flights

US Secretary of Transportation Pete Buttigieg said the department was monitoring the flight cancellation and delay issues

Bangladesh TV news off air, communications disrupted as protests spike

Telephone calls from overseas were mostly not getting connected and calls through the internet could not be completed

Govt bond yields likely to be flattish ahead of fresh supply of debt

The benchmark 10-year yield is likely to move in a 6.95 per cent-6.98 per cent range till the auction, after closing at 6.9674 per cent on Thursday

Trump accepts Republican presidential nomination: Key takeaways from RNC

On the stump, Trump typically paints a dark portrait of America, railing against political opponents he says are corrupt

Brazil to freeze $2.7 bn from budget as govt tries to meet fiscal target

The decision to hold back on spending comes amid market worries about the government's ability to meet its goal of eliminating the primary deficit.

Vedanta Resources pays $246 mn dues to revive operations at Zambian mine

The miner, owned by billionaire Anil Agarwal, had in November 2023 regained control of the copper mines and smelter