A wave of events unfolded on September 7th across India and the world, impacting various sectors from business and finance to politics and sports. Here’s a rundown of the key developments:
Byju’s Auditor BDO Quits Amidst Crisis:
The auditor firm for the ed-tech startup Byju’s, BDO, resigned amidst a growing crisis at the company. This follows multiple legal cases against Byju’s, including insolvency proceedings and unpaid dues to employees and vendors. BDO had replaced Deloitte as the auditor in June 2023, but their exit signals further uncertainty for the struggling ed-tech giant.
Building Collapse in Lucknow:
A building collapse in Transport Nagar, Lucknow, has left several individuals trapped. The incident has resulted in two deaths and twenty injured, three of whom are in critical condition. Emergency services are on-site, working to assess the situation and provide assistance.
Swiggy Exposes ₹ 33 Crore Embezzlement:
Food delivery platform Swiggy has uncovered a shocking case of embezzlement. A former junior employee is alleged to have embezzled over ₹ 33 crore from one of Swiggy’s subsidiaries. The company has launched an investigation with an external team and filed a legal complaint against the individual.
Pakistan Admits to Kargil War Involvement:
After 25 years of blaming ‘Mujahideen’, Pakistan has finally admitted its participation in the 1999 Kargil War against India. The admission came during Pakistan’s Defence Day event, where the Army Chief honored soldiers who lost their lives in the conflict, including those killed in the Kargil War.
Heavy Rainfall Alert for Coastal Andhra:
The India Meteorological Department (IMD) has issued an extremely heavy rainfall alert for Coastal Andhra Pradesh and Yanam for Sunday. The weather agency predicts heavy to very heavy rainfall from September 8 to 9 due to a cyclonic circulation developing into a depression over the Bay of Bengal. Himachal, Rajasthan, and Odisha are also at risk of heavy rainfall.
Ganesh Chaturthi Celebrations:
Ganesh Chaturthi was celebrated across India, with prominent figures like former Maharashtra Chief Minister Uddhav Thackeray offering prayers at Mumbai’s Lalbaugcha Raja. The festivities were marked by devotion and cultural celebrations.
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