Fresh setback for Byju’s as lenders scrap loan recast talks

The talks were called off after the creditors moved court, accusing the edtech giant of hiding $500 million of funds raised.

2 June, 20231 min
0
Fresh setback for Byju’s as lenders scrap loan recast talks

You may also like

Business
Story image

RBI wants IndusInd Bank promoters, the Hindujas, cut to size

After successive controversies and growing unease over promoter influence, the central bank is reshaping the lender—starting with management, moving to its board and tightening the screws on ownership.

Business
Story image

The weight-loss wave that’s changing India—one sector at a time

Mounjaro’s blockbuster debut has already sparked a seismic shift across Indian healthcare, diagnostics and pharma. A marked change in consumer behaviour looks imminent.

Business
Story image

Abu Dhabi’s $16 billion push to become a finance magnet

Highlights from Abu Dhabi Finance Week, Qatar’s new (and bolder) AI ambition and the bid for Warner Bros. Discovery.