Reuters News

Indian Edtech Byju's Global Investors Confirm Board Exits

Indian Edtech Byju's Global Investors Confirm Board Exits

Deloitte disclosed it was resigning as the company's auditor because Byju's had delayed financial statements for 2021-22 and not provided documents, even after sending several letters to its board.

Jun 24, 2023, 13:44 PM IST
YouTube Is Testing An Online-Games Offering: Report

YouTube Is Testing An Online-Games Offering: Report

The games can be played on YouTube's site on web browsers or via devices running Google's Android and Apple's iOS mobile systems, the report added. 

Jun 24, 2023, 13:25 PM IST
YouTube is testing an online-games offering - WSJ

YouTube is testing an online-games offering - WSJ

The games can be played on YouTube's site on web browsers or via devices running Google's Android and Apple's iOS mobile systems, the report added.

Jun 24, 2023, 12:00 PM IST
PM Modi US Visit: Amazon Commits To $15 Billion India Investment, CEO Says

PM Modi US Visit: Amazon Commits To $15 Billion India Investment, CEO Says

Modi and Jassy spoke about supporting Indian startups, creating jobs, enabling exports, digitization, and empowering individuals and small businesses to compete globally, an Amazon blog post said.

Jun 24, 2023, 10:11 AM IST
US Regulators Probe India's Adani Group Investor Statements - Bloomberg News

US Regulators Probe India's Adani Group Investor Statements - Bloomberg News

The authorities are looking into the representations that Adani made to its American investors following short-seller Hindenburg's report, the Bloomberg report said.

Jun 23, 2023, 17:23 PM IST
India To Cut Daytime Power Tariffs, Raise Fees For Night Use

India To Cut Daytime Power Tariffs, Raise Fees For Night Use

It is aimed at encouraging price-sensitive consumers to run their air-conditioners for fewer hours at night, which would in turn reduce the strain on overworked fossil-fuel power plants and lower the

Jun 23, 2023, 17:10 PM IST
Explainer: Top Indian Startup Byju's Battles Auditor Criticism, Board Exits

Explainer: Top Indian Startup Byju's Battles Auditor Criticism, Board Exits

Deloitte said in a letter to Byju's board it was resigning because the company had delayed financial statements for the year ending March 31, 2022.

Jun 23, 2023, 16:57 PM IST
India's Byju's In Talks With Investors Who Quit Board To Reconsider - Sources

India's Byju's In Talks With Investors Who Quit Board To Reconsider - Sources

Byju's and the three investors did not immediately respond to requests for comment on Friday.

Jun 23, 2023, 16:46 PM IST
Indian Central-Bank Members Diverge On Further Rate Hikes As Growth Risks Emerge

Indian Central-Bank Members Diverge On Further Rate Hikes As Growth Risks Emerge

The Reserve Bank of India (RBI) kept its key lending rate steady for a second straight meeting on June 8, as widely expected, but signalled monetary conditions will remain tight for some time as it

Jun 22, 2023, 23:27 PM IST
BYJU's Auditor Deloitte Resigns, Ed-Tech Giant Appoints BDO For Audit Duties

BYJU's Auditor Deloitte Resigns, Ed-Tech Giant Appoints BDO For Audit Duties

Byju's in a statement said it has appointed BDO as its new auditor, adding this will help it "uphold the highest standards of financial scrutiny and accountability."

Jun 22, 2023, 23:02 PM IST
Micron Confirms Up To $825 Million Investment In India Chip Facility

Micron Confirms Up To $825 Million Investment In India Chip Facility

Micron said that with support from the Indian central government and from the state of Gujarat, the total investment in the facility will be $2.75 billion.

Jun 22, 2023, 20:06 PM IST
Elon Musk And Mark Zuckerberg Agree To Hold Cage Fight

Elon Musk And Mark Zuckerberg Agree To Hold Cage Fight

Meta CEO Zuckerberg then posted a screenshot of Musk's tweet on his Instagram stories with a caption reading: "Send me location".

Jun 22, 2023, 19:19 PM IST
US To Ease H1-B Visas For Skilled Indian Workers As PM Narendra Modi Visits

US To Ease H1-B Visas For Skilled Indian Workers As PM Narendra Modi Visits

Indian citizens are by far the most active users of the U.S. H-1B program and made up 73% of the nearly 442,000 H-1B workers in fiscal year 2022.

Jun 22, 2023, 10:24 AM IST
PM Modi To Join Joe Biden In Rare Press Conference Today, Says Senior White House Official

PM Modi To Join Joe Biden In Rare Press Conference Today, Says Senior White House Official

 It is rare for the Prime Minister to hold press meets, having not addressed a single one since coming to power in 2014. 

Jun 22, 2023, 09:44 AM IST
Intel To Sell 20% Stake In Austrian Chip Company

Intel To Sell 20% Stake In Austrian Chip Company

IMS, which was acquired by Intel in 2015, makes equipment that is critical for companies that make chips.

Jun 21, 2023, 19:01 PM IST
Amazon To Collect Expiring 2,000-Rupee Notes From Indian Customers

Amazon To Collect Expiring 2,000-Rupee Notes From Indian Customers

India's central bank (RBI) decided last month to withdraw the largest denomination notes from circulation, asking people to deposit or exchange them at banks by the end of September.

Jun 21, 2023, 18:06 PM IST
New Google Lawsuit Aims To Curb Fake Business Reviews

New Google Lawsuit Aims To Curb Fake Business Reviews

Google's lawsuit said Hu creates sham businesses that appear in its search engine and Google Maps, using an "elaborate set of props" to verify them on video calls with the tech giant's agents. 

Jun 19, 2023, 18:29 PM IST
Twitter Video App For Smart TVs Is 'Coming': Elon Musk

Twitter Video App For Smart TVs Is 'Coming': Elon Musk

In response to a tweet suggesting that a Twitter video app is needed, Musk replied "It's coming".

Jun 18, 2023, 12:06 PM IST
Early June Service Outages Were Cyberattacks: Microsoft

Early June Service Outages Were Cyberattacks: Microsoft

Microsoft did not immediately respond to a request by Reuters as to whether the company had identified the party responsible for the attack.

Jun 18, 2023, 11:50 AM IST
Meta Rolls Back Measures To Tackle COVID Misinformation

Meta Rolls Back Measures To Tackle COVID Misinformation

 Meta Platforms said on Friday a policy that was put in place to curb the spread of misinformation related to COVID-19 on Facebook and Instagram would no longer be in effect globally.

Jun 16, 2023, 19:40 PM IST