INFO EDGE RAHUL YADAV
Ind vs SA T20 Final: From President Murmu to Rahul Gandhi, leaders extend heartiest congratulations to "Men in Blue" for clinching ICC T20 2024 trophy
T20 World Cup Ind vs SA Final: India's cricket team clinched the T20 World Cup 2024 in a thrilling victory against South Africa, ending an 11-year ICC trophy drought. Celebrations erupted nationwide, with President Draupadi Murmu and Vice President Jagdeep Dhankhar lauding the team's resilience and outstanding performance. Key moments included Hardik Pandya's crucial final over and Suryakumar Yadav's exceptional catch. Leaders like Rahul Gandhi and Rajnath Singh praised the team’s determination, while industrialist Gautam Adani called the match "nail-biting." This historic win, achieved without losing a match, reaffirmed India's dominance in cricket.
How Akhilesh's 'PDA' plank turned the tide for Samajwadi Party in Uttar Pradesh
Samajwadi Party chief Akhilesh Yadav plays a key role in almost halving BJP’s seat tally in UP to 37 from 64 in 2019 polls with a smart ticket distribution plan and by raising issues of unemployment, price rise. INDIA bloc also gets backing of Dalits dissuaded by BJP and BSP
Game is on: Priyanka's campaign sets up Gandhis' virtual 'grudge match' against Irani in Amethi
In Amethi, BJP's Smriti Irani and Congress's Kishori Lal Sharma are in a fierce battle, with Priyanka Gandhi's campaign adding twists. Though a BJP stronghold, the absence of a Gandhi candidate has led to uncertainty. Issues like the Ram temple, Modi factor, and free ration scheme dominate amidst tight competition.
LS polls: In SP bastion Mainpuri, it's 'Modi ki guarantee' vs Mulayam's legacy
In Mainpuri, BJP aims to conquer SP citadel with 'Modi ki guarantee'. Dimple Yadav seeks to retain seat, criticizing BJP's 'pressure politics'. Daughter Aditi campaigns while Jaiveer Singh garners support from Amit Shah.
Rahul Gandhi's bank balance & more: Total assets worth Rs 20 crore of investments
Rahul Gandhi disclosed assets in an affidavit submitted with his nomination, including Rs 55,000 cash, Rs 4.3 crore in stock market investments, Rs 3.81 crore in mutual fund deposits, and Rs 26.25 lakh in a bank account. He reported an income of Rs 1.02 crore in 2022-23.
Lok Sabha polls: SWOT analysis of parties in Madhya Pradesh
The BJP would be making all-out efforts to snatch the Chhindwara seat, the only constituency it lost in the state in the 2019 Lok Sabha elections, political observers said. For the Congress, regaining its old charm will be a major task in the crucial parliamentary polls. Lok Sabha polls in Madhya Pradesh will be held in four phases on April 19, April 26, May 7 and May 13. Counting of votes will be held on June 4.
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Uttar Pradesh: 'UP ke ladke' to face Modi's juggernaut, Mayawati goes solo
Uttar Pradesh, key for BJP's third term, sees alliance between Samajwadi Party and Congress. State votes in all phases of Lok Sabha elections. BJP-led NDA aims for more seats. Mayawati's BSP remains independent. Modi's popularity and Hindutva agenda influence state dynamics.
Ahead of Market: 10 things that will decide D-Street action on Monday
"We suggest maintaining a positive yet cautious stance as Nifty is set to retest its record high. Needless to say, we need sustainability above 22,150 to end the consolidation and march towards the 22,500+ zone else profit-taking may resume," said Ajit Mishra, Religare Broking.
Rift-torn INDIA bloc jolted; Bihar grand alliance loses edge
JDU supremo Nitish Kumar's realignment with BJP-led NDA has delivered a severe jolt to the INDIA bloc as well as Bihar's RJD-led grand alliance just a few months before the Lok Sabha polls. BJP had similarly "wrecked" Maharashtra's MVA alliance earlier by breaking Shiv Sena and NCP to neutralise the political-social advantage the Opposition had established in the western state.
Beauty ecommerce startup BuyEazzy raises $4.25 million in funding from Info Edge Ventures, others
The funds will be used for geographical expansion, team building and enhancing the product portfolio. “Our tech is currently outsourced. A part of the funds is going towards building our in-house tech team and tech muscle power,” said Rahul Aggarwal, cofounder and chief executive of BuyEazzy.
Divided they stand: Three sticking points for the INDIA bloc
After the BJP's recent victories in Rajasthan, Madhya Pradesh and Chhattisgarh, the bargaining power of the Congress, the largest party in the India bloc, seems to have diminished greatly. The fissures within the alliance seem to widen even as they try to progress to seat-sharing negotiations. The INDIA block faces basically three problems: seat sharing, the PM face and common poll plank.
Governance lapses, irregularities prompt LPs to drive changes in startup investments
An LP (an individual or an entity) is the money behind a VC or private equity fund. In the past 12-18 months, allegations of governance lapses or financial irregularities have surfaced at startups such as BharatPe, Trell, Zilingo, Mojocare, Phablecare and 4B Networks. Prompted by these reported instances of mismanagement and lack of oversight, LPs are driving changes in their relationships with VCs who recommend and manage their investment funds.
EoW probes Rahul Yadav, wife in Rs 288 cr alleged fraud case
The Economic Offences Wing (EOW) of Mumbai Police is investigating Rahul Yadav, the founder of a property startup, for allegedly mishandling Rs 288 crore of investor money and transferring funds to a firm co-owned by his wife. Info Edge, which invested in Yadav's startup, filed a complaint accusing 4B Network Pvt Ltd of cheating and engaging in suspicious transactions.
4B Networks founder Rahul Yadav files for anticipatory bail in cheating case
Mumbai Police's Economic Offences Wing (EOW) probing the matter opposed the ABA, contending that Yadav failed to join the probe on at least two occasions.
Delhi HC says Rahul Yadav’s 4B Networks’ right to respond in arbitration plea by Innov8 stands closed
The order came after 4B Networks failed to file a response despite being granted a “last opportunity” by the court in an arbitration suit filed against it for allegedly not paying dues to Innov8 amounting to over Rs 1 crore.
What’s New? Summit Delhi 2023: The next frontiers and opportunities in digital marketing
Dive into the electric future of digital marketing and explore its new tenets at the exclusive What's New? Summit Delhi on July 27 hosted by KIT Global, and supported by The Economic Times. Watch the finest minds share inspiring, evidence-led insights on the innovative pathways to growth in a new era of marketing
Mumbai Police files FIR, issues lookout notice against 4B Networks founder Rahul Yadav
The case has been filed against Yadav and Saini for allegedly cheating Rajasthan-based advertising firm Interspace Communication Pvt Ltd of over Rs 10 crore.
FIR filed against 4B Networks founder Rahul Yadav; Prosus announces org changes, shuffles top deck
Mumbai Police’s Economic Offences Wing (EOW) has registered an FIR against 4B Networks founder Rahul Yadav and senior executive Sanjay Saini for allegedly cheating an advertising firm of more than Rs 10 crore.
Nifty could weaken more, support at 19,250: Analysts
Till Nifty holds below 19,420 zone, overall weakness could be seen towards 19,100 and 18,888 zones, whereas the hurdles are placed at 19,420 and then 19,560 zones.
Vendor files FIR against Rahul Yadav alleging fraud
Vikas Om Prakas Noval, a Rajasthan-based vendor, has filed a first information report (FIR) against 4B Network's Founder Rahul Yadav. The FIR alleges fraud and criminal breach of trust. Yadav's company is already undergoing a forensic audit by investor Info Edge
Data Protection Act: A ‘mind-what-you ask-for’ moment for startups & other top tech stories
Perhaps what could turn out to be one of the most crucial acts for Digital India was undertaken by the Indian Parliament through the passage of the Digital Personal Data Protection Bill, 2023 earlier this week. While the law will impact every entity in this country that deals in the personal data of Indian citizens, tech companies and consumer facing startups are perhaps going to be impacted the most.
Backing Rahul Yadav's 4B Networks was a mistake, says Info Edge's Sanjeev Bikhchandani
The consumer internet group has initiated arbitration proceedings against its portfolio company 4B Networks, founded by Housing.com cofounder Rahul Yadav, after the startup failed to provide crucial information about its operations and management for a forensic audit.
Nykaa Q1 profit up 8%, revenue jumps 24%; Backing Rahul Yadav's 4B Networks a mistake: Info Edge
Online fashion retailer Nykaa’s parent firm posted a 8% jump in net profit to Rs 5.4 crore for the April-June quarter, while operating revenue rose 24% to Rs 1,422 crore. This and more in today’s ETtech Top 5.
Dunzo’s business in free fall; PB Fintech’s Yashish Dahiya on opportunities in credit & more
Talk about being caught in a downward spiral. Cash-starved Dunzo has sharply scaled down operations to about a fifth from last year’s peak in a move to save cash, while fresh funds aren’t forthcoming. This and more in today’s ETtech Morning Dispatch.
Ad sales rebound boosts Meta’s Q2 earnings; bumper listing for Netweb Technologies
A bounceback in the digital ads business has helped Meta Platforms beat market expectations with a double-digit rise in both revenue and profit in the second quarter. This and more in today’s ETtech Top 5.
Info Edge, Rahul Yadav’s 4B Networks to enter arbitration after forensic audit issues
Info Edge had written off its equity investment of Rs 276 crore in 4B Networks during the December 2022 quarter citing “excessive cash burn, prevailing liquidity issues and significant uncertainty towards funding options”.
Crisis deepens at Dunzo as it further delays staff salaries; Indian investors double down on Big Tech stocks
Dunzo told employees that it understands the delay in salaries is ‘very difficult’ and that the firm appreciates the patience.
Is Rahul Yadav, the sacked founder of Housing.com, still cruising for a bruising?
Consumer Internet group InfoEdge has initiated a forensic audit of its portfolio company 4B Networks founded by Yadav for not disclosing details of financial transactions and related-party activities when asked for by the investor. In a stock exchange filing, InfoEdge said it hired Deloitte to conduct a forensic audit of the property-tech startup.
InfoEdge appoints Deloitte for forensic audit of Rahul Yadav’s startup 4B Networks
In a stock exchange filing, InfoEdge has said that it has appointed Deloitte to conduct the forensic audit into the affairs of the property-tech startup.
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