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Edu platform Physicswallah files for ₹3,820 cr public offer

The New Indian Express Bengaluru

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September 08, 2025

The Noida-based online education platform Physicswallah, backed by WestBridge Capital, Hornbill, and GSV Ventures, has filed an updated draft IPO papers with the Sebi, seeking its nod to raise ₹3,820 crore through an initial share sale.

- BENN KOCHUVEEDAN @ Mumbai

The edu-tech firm offers test preparation courses for competitive examinations, and courses for upskilling. The issue comprises mostly of fresh issue of shares worth ₹3,100 crore, while the promoters Alakh Pandey and Prateek Boob are selling ₹720 crore via offer-for-sale route, according to the updated papers on Sunday.

The New Indian Express Bengaluru से और कहानियाँ

The New Indian Express Bengaluru

The New Indian Express Bengaluru

City Union Bank profit up 15% at ₹329 cr on interest income, better asset quality

KUMBAKONAM.based private lender City Union Bank on Monday reported 15% rise in net profit from ₹285 crore in Q2FY25 to ₹329 crore Q2FY26, driven by an increase in interest income and better asset quality.

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The New Indian Express Bengaluru

A LINGUISTIC GAME OF DEFINITIONS

OFTENTIMES definitions can limit you, imposing unnecessary constraints, enclosing things within the four corners of a narrow, arbitrary boundary that you set for yourself. Other times, they provide no real meaning as the thing defined may not mean anything by itself.

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The New Indian Express Bengaluru

GUJARAT CID BUSTS ₹200 CRORE CYBER RACKET WITH INTERNATIONAL LINKS

GUJARAT CID (Crime) and the Railways' cyber centre have busted a ₹200-crore cybercrime racket with tentacles stretching from Gujarat to Dubai.

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The New Indian Express Bengaluru

Chief secys say sorry for not filing compliance report in stray dog case

THE chief secretaries of states and Union Territories have tendered an unconditional apology before the Supreme Court for not filing a compliance affidavit on the issue of the menace of stray dog bites.

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The New Indian Express Bengaluru

Why is foreign capital flooding banking sector

WHAT'S driving the foreign capital inflows —close to $15 billion so far this year alone— into financial sector of late? Already foreign institutions own 48.4% in HDFC Bank and 46.8% in ICICI Bank. The regulatory cap for foreign ownership in private banks is 74%.

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2 mins

November 04, 2025

The New Indian Express Bengaluru

₹1L cr fund to boost pvt investment in research

PRIME Minister Narendra Modi on Monday launched a ₹1 lakh crore Research, Development and Innovation Scheme for high-risk and high-impact projects, marking a significant shift in India's research sector.

time to read

2 mins

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The New Indian Express Bengaluru

The New Indian Express Bengaluru

Changes we saw post '83, we hope & expect the same now: Saikia

O n a dreamy night, India beat South Africa to win their first Women’s World Cup. BCCI secretary Devajit Saikia called it a “landmark event” that will change the landscape of women’s cricket in the country.

time to read

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The New Indian Express Bengaluru

SC rejects creditor's plea against Aakash rights issue

THE Supreme Court on Monday dismissed an appeal filed by US-based lender GLAS Trust Company LLC, a creditor of Think & Learn Pvt Ltd, parent company of BYJU’s, against the rights issue proposed by Aakash Educational Services Limited (AESL), clearing the way for the capital raise that will reduce Byju’s holding in the company from 25.75% to about 5%.

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The New Indian Express Bengaluru

Rybakina rallies to beat Swiatek in WTA Finals

ELENA Rybakina recorded an impressive 3-6, 6-1, 6-0 victory over second-seeded Iga Swiatek in round-robin play at the WTA Finals in Riyadh on Monday.

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The New Indian Express Bengaluru

Zubeen murdered, chargesheet by Dec 17, says Himanta

ASSAM Chief Minister Himanta Biswa Sarma said that Zubeen Garg's death was not accidental but a case of murder on Monday. “I won't call it an accident but murder.

time to read

1 min

November 04, 2025

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