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HEG Demerger Gets NCLT Green Light; Shareholders To Receive 1:1 Share Swap

Noida-based graphite electrode manufacturer HEG Ltd has received approval from the National Company Law Tribunal (NCLT), Indore Bench, for its Composite Scheme of Arrangement with HEG Graphite Ltd and Bhilwara Energy Ltd. The demerger will result in two independently listed companies. Under the scheme, shareholders of HEG Ltd will receive one share of HEG Graphite Ltd for every one HEG share held. The NCLT order was uploaded on its website on August 18, 2026. The scheme will become effective after the certified copy of the order is received and filed with the Registrar of Companies (RoC). ALSO READ:  Trade Setup For Aug 20: Nifty's Break Below 24,000 May Intensify Selling, Say Analysts; Flag Bearish Sentiment Under the restructuring, one entity will house the graphite electrode business, while the other will focus on advanced materials, battery energy solutions and renewable energy. HEG said the restructuring is aimed at creating two independent entities with separate str...

'Gangnam Style' Has 6 Billion Views On YouTube. How Much Money Has It Made?

Remember 'Gangnam Style' ? The K-pop song by South Korean artist PSY, released on July 15, 2012, became a worldwide phenomenon, powered by its wacky music video, trademark horse-riding dance, and addictive chorus. The video became a cultural sensation, inspiring thousands of imitations, parodies, and dance videos around the world. It also made YouTube history by becoming the first video on the platform to cross 1 billion views. 14 years later, Gangnam Style remains one of YouTube's most-watched music videos, with around 6 billion views. Its enormous audience has also raised questions about just how much money the video has generated for PSY and its rights holders. When one user on X asked Grok to estimate the video's YouTube revenue, the AI chatbot said the exact lifetime figure was not publicly available. It pointed to Google's disclosure in 2013 that Gangnam Style had generated more than $8 million in advertising revenue when it had around 1.2 billion views....

'Bowlers Get Angry': Rahane Lifts Lid On Pant's Behind-The-Stumps Antics

Apart from India's dominating show against Sri Lanka in the first Test in Galle, the one thing that was back on display was Rishabh Pant 's constant chatter behind the stumps. From becoming a weatherman with statements like, " Bhai chalo chalo jaldi, waha se badal bhi aa rahe hain (Brothers, let's get going quickly, clouds are approaching from there)," to egging on the bowlers with one-liners such as, " Phir sabhi milkar talwar chalayenge! (Then we'll all swing the sword together)," Pant just didn't stop. Ajinkya Rahane , who has played with Pant for a long time, said that while it is entertaining, it can sometimes be distracting too. "He is always like this. He is very entertaining. The Sri Lankan players don't understand Hindi, but if you keep talking like this, the batter's focus wavers. You have to focus in the slips and at short leg, and the bowlers start getting angry. If there is an edge and the ball goes by your side, a...

Ayush Shetty: India's Badminton Star Who Stunned World No. 1 At World C'ships

India's 21-year-old badminton star Ayush Shetty stunned defending champion and World No. 1 Shi Yuqi of China 21-14, 13-21, 21-19 in the BWF World Championships 2026 Round of 64 clash. The youngster, who hails from Karkala in Karnataka, looked in sensational form as he came up with brilliant smashes and terrific defence to pull off a stunning win in front of the home crowd in New Delhi. This was his first-ever win over Shi Yuqi after three successive losses, including a straight-game loss in the final of the Asia Badminton Championships earlier this year. Ayush was off to a flying start with a 21-14 win in the first game and although he dropped the second game, the youngster did not give up. He fought back brilliantly and was able to finish the match in style. Who is Ayush Shetty? Shetty found himself in the headlines earlier this year after he became the first Indian men's singles player to reach the Badminton Asia Championships final in 61 years. While he was defeated by...

SC Delhi Set Up Durand Cup 2026 Semi-Final Against East Bengal

SC Delhi produced a remarkable second-half comeback to defeat debutants FC Raengdai of Manipur 5-1 on Sunday and set up a semi-final clash against Kolkata heavyweights East Bengal in the Durand Cup. After Chongtham Kishan Singh's (9th) stunning long-range strike had put Raengdai ahead in the first half, substitute Joseph Sunny's (57th, 67th) second-half brace turned the game around. Rodriguinho (82nd), Juan Sebastian Pena (90+3) and Augustine Lalrochana (90+8) were the other SC Delhi goal scorers in the quarter-final match. In Kolkata, a first-half header from PV Vishnu saw East Bengal FC edge past a spirited Indian Army FT side 1-0 in another quarter-final. The East Bengal versus SC Delhi semi-final will be played at the Vivekananda Yuba Bharati Krirangan in Kolkata on August 19. In Ranchi's Birsa Munda Stadium, it was FC Raengdai who took the lead in spectacular fashion against SC Delhi. Chongtham Kishan Singh unleashed a bullet of a shot from around 20 metres tha...

Scary Scenes In Galle As KL Rahul's Fiery Shot Hits Sri Lanka Star On Helmet

Day 1 of the first Test between India and Sri Lanka in Galle witnessed a scary moment as KL Rahul 's shot struck Nishan Madushka on the helmet. After winning the toss, India skipper Shubman Gill opted to bat first as the visitors began their 600th Test match. Openers KL Rahul and Yashasvi Jaiswal looked in fine touch and provided India with a solid start. However, during the 10th over, bowled by Prabath Jayasuriya , Rahul's shot crashed into Madushka, leaving players and spectators stunned. On the fifth ball of the over, Rahul attempted a low sweep. Madushka, stationed at short leg, realised he was in trouble and tried to duck, but the ball struck the centre of his helmet. The impact immediately prompted Sri Lanka's team physio to rush onto the field. Seeing Madushka down, Rahul initially hesitated before taking a single, but Jaiswal had already crossed halfway down the pitch, leaving him with no option but to complete the run. Afterward, Rahul immediately went over t...