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Detailed stories on technology startups, business and economic current affairs.
The fundraise by cash-strapped Byju’s—at a staggering 99% drop from its $22 billion valuation—has put investors at loggerheads with the founder and his family and sparked calls for them to step away from the board.

The fundraise by cash-strapped Byju’s—at a staggering 99% drop from its $22 billion valuation—has put investors at loggerheads with the founder and his family and sparked calls for them to step away from the board.

The regulator’s shift to an auction-based close was meant to curb manipulation and mirror global markets. Instead, it has run into thin participation that is only amplifying distortions and volatility.
After building and then losing India’s biggest retail empire, Kishore Biyani and family are now scripting a discreet retail comeback with departmental store Broadway. Can they get the economics right this time around?
While nowhere close to the KOSPI rout, India’s significant leveraged stock bubble poses some real risks to investors.
The regulator’s shift to an auction-based close was meant to curb manipulation and mirror global markets. Instead, it has run into thin participation that is only amplifying distortions and volatility.
After building and then losing India’s biggest retail empire, Kishore Biyani and family are now scripting a discreet retail comeback with departmental store Broadway. Can they get the economics right this time around?
While nowhere close to the KOSPI rout, India’s significant leveraged stock bubble poses some real risks to investors.