Latest news with #VikasGupta
Time of India
2 days ago
- Entertainment
- Time of India
TV actor Shefali Jariwala cremated
The last rites of Shefali Jariwala , the actor known for her iconic single ' Kaanta Laga ', were performed at a crematorium on Saturday evening in the presence of her friends and family. Jariwala passed away on Friday night at the age of 42. Many media reports claim that she died due to a cardiac arrest, though the official cause of her death is yet to be ascertained. Her funeral was held Oshiwara Hindu crematorium. The last rites were performed by Jariwala's actor-husband Parag Tyagi, her father Satish Jariwala, and younger sister Shivani Jariwala. Several friends from the industry, including Mika Singh, Vikas Gupta, Shehnaz Gill, Bhaktiyaar Irani, Aishwarya Sakhuja and Ashok Pandit, were present at the crematorium. On Friday night, Jariwala was rushed to Bellevue Multispeciality Hospital in suburban Mumbai by her husband. Her body later was taken to the Cooper hospital for postmortem. Live Events "She was brought to the Bellevue Multispeciality hospital around 11:15 pm. The on-duty doctor declared her dead on arrival," a hospital source said. Celebrities including playback singer Sunidhi Chauhan, Aarti Singh, Hindustani Bhau, Mahira Khan, Rashmi Desai, Vikas Gupta, and director duo Vijay Sapru and Radhika Rao, among others, arrived at her residence in suburban Andheri to offer their condolences to the family. Jariwala shot to fame in 2002 with the sensational success of "Kaanta Laga", a remix of the classic Lata Mangeshkar song from the 1972 film "Samadhi". She later participated in popular reality shows like the dance series "Nach Baliye" alongside her husband, and went on to appear in "Bigg Boss 13", hosted by Salman Khan. Jariwala's sudden demise left many of her friends and colleagues from the industry in shock, with many taking to social media to express their grief and pay tribute.
Business Insider
3 days ago
- Business
- Business Insider
Bybit Announces Title Sponsorship of India Blockchain Tour 2025 to Power India's Web3 Awakening
Dubai, United Arab Emirates, June 27th, 2025, Chainwire Bybit, the world's second-largest cryptocurrency exchange by trading volume, announced its Title Sponsorship of the India Blockchain Tour (IBT) 2025, an ambitious initiative spread across eight cities led by Octaloop that aims to accelerate India's Web3 journey. The tour kicks off in Hyderabad on 28th June and will culminate in Bengaluru on 30th November, with the flagship event, Metamorphosis 2025, set to take place in New Delhi on 27-28 September. Through this strategic collaboration, Bybit reinforces its long-term commitment to the Indian blockchain ecosystem by supporting the country's most significant grassroots crypto outreach campaigns. Designed to bring together policymakers, investors, founders, developers, and blockchain enthusiasts, the India Blockchain Tour 2025 serves as a nationwide platform to showcase local innovation and foster a deeper connection between India's Web3 talent and global projects. Speaking on the partnership, Vikas Gupta, Head of India at Bybit, said, 'India is one of the most dynamic landscapes for blockchain innovation. By partnering with the IBT, we reaffirm our long-term commitment to empowering India's crypto community through education and builder support.' Each IBT stop, spanning across Hyderabad, Ahmedabad, Kolkata, Goa, Mumbai, Chennai, Bengaluru, and the two-day summit in New Delhi, is designed to deliver high-impact engagements that reflect India's growing relevance in the global blockchain narrative. Fireside chats with global exchange leaders and blockchain founders, policy panels with lawmakers and regulators shaping India's digital asset framework, builder-focused workshops, and startup showcases will form the core of the experience. With immersive brand activations conducted in five Indian Languages, the tour is structured to resonate across geographies and cultures, expanding the conversation well beyond Tier-1 cities. As part of the tour, Vikas Gupta will share his insights on the topic: "From FOMO to Fundamentals: Fixing India's Crypto Literacy Gap". In this session, he will explore the disconnect between India's high crypto adoption and low financial and crypto literacy. He will also highlight Bybit's key initiatives in bridging this gap, including Bybit Learn, community engagement, and university collaborations with blockchain societies at IIT Delhi and IIT Kharagpur, with more institutional partnerships to follow. One of the most anticipated aspects of IBT 2025 is the relocation of Metamorphosis, Octaloop's flagship Web3 summit, after three consecutive editions in Bengaluru; it will be held in New Delhi, promising a platform that blends the energy of grassroots communities with the influence of national policymaking. In addition to its community-building efforts, Bybit recently completed its registration with the Financial Intelligence Unit - India (FIU-IND). As part of this process, Bybit reaffirms its commitment to operating transparently and in accordance with Indian regulations. This milestone further solidifies Bybit's readiness to play a constructive, long-term role in India's digital asset ecosystem. About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Contact Head of PR Bybit
The Hindu
21-06-2025
- Politics
- The Hindu
DU issues apology over UG admission form error
Delhi University (DU) issued an apology on Saturday regarding an 'inadvertent error' in its undergraduate admission form earlier this week, where names of communities and religions appeared in the language section, drawing criticism from teachers who termed it 'insensitive' and 'embarrassing'. Teachers who were critical of the move pointed out that Urdu had not been included in the UG admissions form, but 'Muslim', 'Hindu', and 'Bihari' were listed under the languages section. DU Registrar Vikas Gupta said that as soon as the issue was brought to the administration's notice, the option on the online portal was disabled. In a statement, DU said, 'The university sincerely regrets the inadvertent error. We acknowledge your concerns and are committed to addressing them. However, attributing ulterior motives to this entirely unintentional oversight is unwarranted. We request all not to vitiate the university's diverse environment.'
Mint
19-06-2025
- Business
- Mint
Is India's premium at risk? As Israel-Iran conflict sparks FPI outflows, valuation debate rages
Cautious investor sentiment because of the Israel-Iran conflict has sparked a significant flight of foreign capital from India, reversing recent inflows. Foreign portfolio investors (FPIs) have already pulled nearly ₹8,423 crore from domestic equities in June. This outflow follows ₹19,860 crore and ₹4,223 crore of inflows in the preceding two months, respectively. FPIs remain net sellers for the year, and experts anticipate further outflows if the conflict extends. 'FPIs are free birds and aren't under any compulsion to buy stocks at specific prices to support the counter like we do," said Apurva Sheth, head of market perspectives and research at SAMCO Securities. 'Their latest position in the derivatives segment shows that they are heavily bearish on the Indian stock market." But experts also say such concerns might be transitory as India still offers the best growth story in an era of global slowdown. 'India's macro fundamentals are head and shoulders above any other top 10 economy in the world," said Vikas Gupta, chief executive and chief investment strategist at OmniScience Capital. 'From GDP growth numbers to inflation control, building forex (foreign exchange) reserves to maintaining forex stability, even controlling the fiscal and current account deficits, from all angles we are one of the strongest worldwide." Naturally, India has been commanding a premium over its global peers, particularly in the previous five years. The benchmark Nifty 50 is trading at 23.3 times its one-year forward earnings estimate, a level that, while having moderated, sits closer to September when the domestic markets had peaked, Bloomberg data indicates. A premium valuation made sense in the past because Indian Inc's earnings grew at a compound annual growth rate (CAGR) of about 24% in the last four years, said Jaiprakash Toshniwal, fund manager and senior equity research analyst at LIC Mutual Fund Asset Management. '(However,) we need to keep in mind that earnings growth is expected to be in the lower double digits in the medium term based on consensus estimates," he added. Still, that would be a step up from India Inc's performance in 2024-25, which was mostly dismal throughout the fiscal year. According to a recent Kotak Institutional Equities report, Nifty 500 companies reported a 5% year-on-year (y-o-y) sales growth in Q4FY25, although net profit grew 7%, mainly aided by benign raw material prices and cost-cutting measures, it said. Also read | India Inc's report card: Headwinds take a toll in Q4 A glass half full A broad-based future earnings downgrade suggests that demand woes will persist in the economy for some time. Yet, on the macro front, Ranju Rajan, head of managed accounts at Axis Securities, insists the Reserve Bank of India's ongoing liquidity measures, including a 100 basis-point rate cut this year, and a pickup in government capital expenditure will spur economic growth in FY26 and FY27. Echoing this optimism, Seshadri Sen, head of research and strategist at Emkay Global, said India will see the effects of monetary and tax stimuli playing out this financial year, particularly in the second half. 'Next year, we will see an upward revision in the government's pay commission, and then tech-related hiring will pick up from 2027," Sen said, adding that these factors will pave the way for a consumption revival. 'So I think we are at the bottom of a medium-term consumption cycle." Ample liquidity in the market has also been pushing up India's valuation premium, according to Sheth of SAMCO Securities. 'DIIs (domestic institutional investors), including mutual funds, are investing ₹1,300 crore in the Indian market almost daily, creating a situation where huge liquidity is chasing fewer stocks, resulting in their premium valuations" he said. But rising crude oil prices due to the ongoing Israel-Iran conflict may weaken the arguments for India's high valuation, Kotak Institutional Equities said in its report. If crude touches $90-100 per barrel, it can derail any hopes of India Inc's earnings recovery in FY26, as raw material costs would go up significantly, noted experts. Also read | Israel-Iran conflict: How will rising crude oil prices affect India? This bearish outlook, however, finds a counterpoint in the views of some analysts. 'We have seen that 90% of the time crude reacts much more than the actual event," said Sumit Pokharna, oil and gas analyst at Kotak Securities. 'The situation definitely remains fragile, but global demand for crude is falling and there is enough supply to keep price rises in check." As a result, several experts expect that high crude oil prices might not sustain for long. But sectors dependent on oil, such as paints, tyres, petrochemicals, automobiles, and even consumer goods, might see a dip in earnings for a quarter before bouncing back for the broader part of FY26. For now, 'insurance, cables and wires, renewable energy, and select pharma companies offer promising return potential from a growth and valuation standpoint", said Ajit Mishra, senior vice president of research at Religare Broking. These sectors are backed by compelling long-term themes of under-penetrated markets, a private capex revival, strong government-led infrastructure push, global energy transition commitments and changing demographics of the country, Mishra said. Meanwhile, India's equity market on Thursday barely reacted to the US Federal Reserve's decision to keep US benchmark interest rates unchanged at 4.25-4.5% as this was in line with expectations. Also read | Israel vs Iran could be worse for markets than Russia vs Ukraine. Here's why.
Time of India
18-06-2025
- Business
- Time of India
No Fee Waiver For DU Asst Prof Applicants
New Delhi: Delhi University has withdrawn the application fee waiver for SC, ST, disabled and female candidates applying for the post of assistant professor — a move that marks a policy shift and has drawn sharp criticism of sections of the academic community. The university has also increased the application fee across categories, with aspirants in the unreserved (UR) category now required to pay Rs 2,000, a fourfold jump from the earlier Rs 500. The fee for OBC and EWS applicants has tripled from Rs 500 to Rs 1,500 while SC/ST candidates, who previously paid nothing, will now be charged Rs 1,000. Persons with benchmark disabilities (PwBD) will be required to pay Rs 500. Teachers have termed the fee hike "unjustified" and called on Delhi University Teachers' Association (DUTA) and the Academic and Executive Council members to intervene and push for a rollback. The recruitment circular issued by Daulat Ram College dated June 10 inviting applications for the post of assistant professor listed the revised application fees and said submissions without the requisite fee would be rejected. "Fees once paid will not be refunded under any circumstances," the circular also said. While DU departments advertise their own faculty vacancies centrally, individual colleges are allowed to issue advertisements separately, though they are governed by university rules. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Order New Blinds Online & Get $199 Home Installation Learn More Undo "We have followed the same format as the university. Nothing special in it," Daulat Ram College principal Savita Roy told TOI. When contacted, DU registrar Vikas Gupta denied that the university had withdrawn any fee waiver. However, he did not respond to a follow-up question on the circular issued by Daulat Ram College which mentions the revised fees. A recruitment advertisement issued by DU as recently as Feb and accessible on its website confirmed the fee waiver policy for the select categories: "Rs 500 for UR/OBC/EWS categories. No application fee will be charged from applicants of SC, ST, PwBD categories and women applicants. Fees once paid will not be refunded under any circumstances." The move has drawn flak from several faculty members. A teacher posted on DUTA's social media handle, "Earlier the fee was Rs 500 for UR and OBC categories, and zero for SC, ST and female candidates. DUTA, AC/EC members and the university administration must take note of this and ensure the hike is rolled back. There should be more than just symbolic letters — actual performance and pressure are needed from DUTA. Several unresolved issues like past service count and PhD increments are still pending. Now another issue has been added to the list. Is it fair to burden applicants like this?." Mithuraaj Dhusiya, member, DU Executive Council, linked the hike to the university's financial liabilities under the Higher Education Financing Agency (HEFA). "Ever since DU was pushed into debt through HEFA loans, we have seen a pattern of fee hikes — from admissions to exams," she wrote. "No grants, only loans — that's become the mantra of both the Central Government and DU administration. The latest hike in assistant professor application fees is part of this debt trap. Forced financial crises always begin with the most vulnerable. We strongly condemn this." Megh Raj, general secretary, Indian National Teachers' Congress, similarly criticised the hike. "This 400% fee hike affects not just ad hoc teachers but all unemployed applicants. Earlier, candidates above a certain API score were called for interviews. Now only 40 are called for the first post and 10 or 20 for the rest, forcing candidates to reapply. The higher fee will make it unaffordable for many. We urge the administration to withdraw this decision immediately. "
