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Mumbai: A Singapore court has sentenced Byju Raveendran, founder of edtech company Byju's, to six months in prison for contempt of court over alleged non-compliance with disclosure orders. However, the founder has described the decision as "procedural," denied any wrongdoing, and said it will appeal. This sentence is considered the biggest legal setback for Byju's to date.  Byju's was once one of India's largest startups, but the severe recession following the COVID pandemic has left the company embroiled in a series of troubles. Byju's began to face disputes with its own investors, debt-related lawsuits, and operational turmoil, which rocked the…

Mumbai: Shares of hospital chain Park Medi World Ltd started today's trading session in green even as benchmark indices fell in morning trade amid volatile trends in the equity market, as investors remained cautious due to geopolitical uncertainties and fresh foreign fund outflows. The 30-share BSE Sensex climbed 127.83 points to 76,137.53 in early trade. The 50-share NSE Nifty went up by 36.45 points to 23,950.15. However, both benchmark indices failed to carry forward the momentum and traded lower. The BSE benchmark traded 77.80 points down at 75,935.11, and the Nifty dipped 29.15 points to 23,897.80. Share price today Amid…

Mumbai: Gold Price Today, Gold MCX Rate: Rates of precious metals in futures fell further on Wednesday, May 27, 2026, as investors remained cautious amid ongoing tensions between the United States and Iran. The gold June 5 contract on the Multi Commodity Exchange (MCX) opened with a fall of Rs 75 or 0.06 per cent at Rs 1,57,541 per 10 grams against the previous close of Rs 1,57,616. It fell further to touch an intraday low of Rs 1,56,935, a fall of Rs 681 or 0.43 per cent. Last seen, it was trading at Rs 1,57,137 with a fall of…

New Delhi: Banks in several parts of the country will remain closed today, i.e., on May 27, for Bakrid (also known as Eid-ul-Zuha, Eid-ul-Adha, or Bakri Eid). According to the Reserve Bank of India's list of holidays, the festival will be celebrated on different dates in different states and cities, resulting in varying bank holidays across the country. However, in some cities, banks will remain closed on both days in some cities. If you're planning a trip to the bank today for some important work, you must check this list  According to the Reserve Bank of India's (RBI) holiday calendar,…

Mumbai: The Indian equity benchmarks are volatile today amid volatile trends in the equity market, as investors remain cautious due to geopolitical uncertainties and fresh foreign fund outflows. The 30-share BSE Sensex climbed 127.83 points to 76,137.53 in early trade. The 50-share NSE Nifty went up by 36.45 points to 23,950.15. However, both the benchmark indices failed to carry forward the momentum and were trading lower. The BSE benchmark fell 212.69 points to hit a low of 75,797.01, and the Nifty dipped 45.2 points to 23,868.50. However, both indices rebounded and traded in green. Amid this volatility, the stock of…