The National Company Law Tribunal (NCLT) has admitted the Board of Control for Cricket in India’s (BCCI) plea to initiate insolvency proceedings against education technology company Byju’s. The BCCI filed the plea after Byju’s failed to pay the sponsorship fee for the Indian cricket team. Byju’s now has 30 days to either pay the dues or face insolvency proceedings.
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About the AuthorTOI World DeskTOI World Desk comprises a dedicated team of experienced journalists and writers who provide continuous coverage of global events. Committed to delivering accurate and timely news, they offer readers in-depth insights into international affairs, connecting stories that influence our interconnected world.Read More Want More Context? 🔎
Read moreBritish Prime Minister Keir Starmer announced that the UK will recognize a Palestinian state at the UN in September unless Israel agrees to a ceasefire in Gaza and commits to a two-state solution without Hamas. This shift in policy comes amid increasing international pressure and follows similar moves by other nations, reflecting growing outrage over Israel's actions in the region. Want More Context? 🔎
Read moreAbout the AuthorTOI News DeskThe TOI News Desk consists of a dedicated team of journalists committed to delivering timely and comprehensive news updates from The Times of India. They focus on gathering, verifying, and presenting breaking news and insightful reports on various topics to keep readers informed about the global landscape. Want More Context? 🔎
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Read moreCNN anchor Erin Burnett is facing backlash after misidentifying the shooter in the Park Avenue mass shooting as “possibly white,” conflicting with the NYPD’s description of him as “possibly Middle Eastern.” The incident, which resulted in four deaths including an NYPD officer, has sparked debate over media responsibility and accuracy in real-time reporting. Want More Context? 🔎
Read moreRamine Tinati, lead at Accenture’s APAC Center for Advanced AI, emphasized that while AI can expedite task completion, it doesn’t inherently boost productivity unless companies overhaul their workflows. This insight comes amid significant AI investments by major firms like Amazon and Microsoft, contrasting with Nvidia's CEO Jensen Huang's view that AI enhances cognitive skills, a sentiment echoed by OpenAI's Sam Altman. Want More Context? 🔎
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