News you need to know before starting your day: 12 October 2021

Morning Masala Tea
12 October, 2021


  1. Zostel Hospitality Pvt. Ltd, which owns Zostel Hostels and ZO Rooms, has written to markets regulator Securities and Exchange Board of India (Sebi), urging it to reject the draft prospectus filed by hospitality unicorn Oravel Stays Ltd, which operates brand Oyo and suspend the latter’s proposed initial public offering (IPO). Livemint
  2. Singapore will be reopening its border to vaccinated visitors from 11 countries from October 19, however, India has not been included in the list of countries allowed quarantine-free entry under the Vaccinated Travel Lane (VTL) for now, the country said. Travellers have to be vaccinated with a World Health Organization (WHO) approved jab, its guidelines said. HT
  3. A year-and-a-half into the military standoff on the Line of Actual Control in eastern Ladakh, India and China have hardened their positions after making no headway in the 13th round of Corps Commander-level talks to try and resolve the situation at Hot Springs. Indian Express
  4. A Junior Commissioned Officer and four jawans were killed Monday morning in an encounter with a group of heavily armed militants in the dense forests of Chamred on the Mughal Road, which connects Jammu’s border Poonch district with Shopian in Kashmir. It was after 17 years that the area saw such a deadly encounter, the last being in 2004, when four soldiers had been killed. Indian Express
  5. Amidst a reported shortage of coal at thermal power projects, Indian Railways has braced for transporting coal round the clock to power plants. The national transporter is internally treating the shortage as an “emergency”. Instructions have gone out to the principal chief operations managers of all zonal railways to man operations control rooms round the clock and produce hourly bulletins for the ministry and the general managers. Indian Express


Hindi News: ( so that you don’t miss out )

  1. दुनिया की पहली कोरोना वैक्सीन बनाने का दावा करने वाला रूस सवालों के घेरे में है। ब्रिटिश मीडिया ने दावा किया है कि रूस के जासूसों ने ऑक्सफोर्ड- एस्ट्राजेनेका का फाॅर्मूला चुराकर स्पुतनिक-V वैक्सीन तैयार की थी। ब्रिटेन के गृह मंत्रालय ने इसकी पुष्टि तो नहीं की है, लेकिन इससे इनकार भी नहीं किया है। Bhaskar
  2. लखीमपुर हिंसा के मुख्य आरोपी और केंद्रीय गृह राज्य मंत्री अजय मिश्र के बेटे आशीष मिश्र ‘मोनू’ अब 3 दिन की पुलिस रिमांड पर रहेंगे। सोमवार को CJM कोर्ट ने सुनवाई के दौरान 30 मिनट की बहस के बाद पुलिस रिमांड की मंजूरी दी है। अब SIT आशीष से और पूछताछ कर सकेगी। हालांकि, चीफ ज्यूडिशियल मजिस्ट्रेट चिंताराम ने तीन शर्तें भी लगा दी हैं।Bhaskar

  3. भारत में अडाणी के सभी पोर्ट पर पाकिस्तान, अफगानिस्तान और ईरान से आए सामान पर बैन लगा दिया गया है। अडाणी पोर्ट ने कहा है कि वह इन देशों से आने वाले कार्गो को हैंडल नहीं करेगा। यह फैसला 15 नवंबर से लागू होगा। देश के कार्गो हैंडलिंग में अडाणी ग्रुप का 25% का बाजार हिस्सा है। कंपनी 13 पोर्ट पर अपना ऑपरेशन चलाती है।Bhaskar
  4. कश्मीर में लगातार हो रही आतंकी घटनाओं को लेकर लोगों में खौफ का माहौल है। इसी डर के चलते इस केंद्र शासित प्रदेश से अल्पसंख्यक और कश्मीरी पंडित जम्मू शिफ्ट होने लगे हैं। कई लोगों ने सरकार की मनाही के बाद ऑफिस जाना भी बंद कर दिया है। इधर राज्य सरकार भी लोगों से अपील कर रही है कि वो अपना घर न छोड़ें, हालात जल्द सुधार लिए जाएंगे।Bhaskar


Relevant Google Trends Today

  1. International Day of the Girl Child, also known as the Day of the Girls or International Day of the Girl, is an observance day declared by the United Nations to amplify the voices of young girls around the world and increase awareness of issues faced by them.
  2. Shares of Tata Consultancy Services (TCS) plunged over 6% in Monday’s opening deals after the IT major’s second quarter revenue and margin came below analysts’ estimates. TCS market capitalization fell to ₹13,62,564 crore on the BSE in early session from ₹14,55,687 crore as on Friday.
  3. Actor Amitabh Bachchan has terminated his endorsement contract with chewing tobacco brand Kamla Pasand. Mr Bachchan’s office said on Monday he has ‘stepped out of the contract last week’.
  4. The death of veteran Malayalam actor Nedumudi Venu has left the industry heartbroken. Venu breathed his last at a private hospital in Thiruvananthapuram on Monday. He was 73. The actor had been suffering from liver-related ailments for a while.


24 February, 2024

Byju’s, once heralded as a flagship in India’s edtech sector, is grappling with severe financial and operational challenges, marked by a dramatic valuation drop. The company, which sought to stabilize its operations and finances, is now raising funds at a valuation significantly lower than its peak. This development comes amid efforts to address a substantial debt burden, with Byju’s proposing a repayment plan for its $1.2 billion loan. Investor confidence appears shaken, with some stakeholders pushing for drastic changes in leadership to navigate the crisis effectively. The turmoil reflects broader sectoral pressures and raises questions about the sustainability of high-growth trajectories in the edtech industry

10 February, 2024

Australia’s energy market is witnessing significant transitions and investments aimed at bolstering renewable energy infrastructure and securing gas supplies. Key developments include a $179 million investment by the Queensland Government for community battery projects, Santos’ $5.7 billion gas pipeline project following a legal battle win, and a $206 million energy savings package for NSW households. Additionally, the Australian government has secured new gas supply deals to support the east coast market, emphasizing the role of gas in transitioning to a renewable grid.

India 2024
9 February, 2024

The latest opinion polls, including the Mood of the Nation survey by India Today, predict a comfortable victory for Prime Minister Narendra Modi’s BJP and its allies in the National Democratic Alliance (NDA), with a projected win of 335 Lok Sabha seats in the 2024 general elections. This forecast suggests a slight decrease from the 2019 elections but still ensures a majority. The survey, involving interviews with over 149,000 respondents, reflects Modi’s enduring popularity based on his nationalist policies and economic reforms. Other polls echo these findings, although seat projections vary slightly. The opposition INDIA alliance is expected to secure a significant number of seats, yet not enough to challenge the NDA’s majority. These predictions highlight a political landscape that remains largely favorable to Modi and the BJP as the election approaches