Edtech company Byju's plans asset sale to pay off $1.2 billion loan

Byju’s, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the......

Maruti to issue preferential equity shares to Suzuki to buy Gujarat plant

Maruti Suzuki India (MSIL) will issue equity shares on a preferential basis to parent Suzuki Motor Corporation (SMC) to acquire 100 per cent stake in the latter’s Gujarat plant. Photograph:......

Is The Tide Changing For Byju's?

'They have got the advisory council, a CEO has been appointed finally, and they have made some headway on the term loan B.' IMAGE: People walk past an advertising hoarding for Byju's. Photograph:......

Byju's lenders agree to complete term loan amendment by Aug 3

In a breather to the troubled edtech company, the steering committee of lenders has agreed to amend a $1.2 billion term loan with Byju's by August 3, 2023, the lenders announced on Monday. IMAGE:......

BCCI defies SC, rejects contentious Lodha reforms

IMAGE: BCCI president Anurag Thakur. Photograph: BCCI. In a complete defiance of the Supreme Court, the Board of Control for Cricket in India, on Saturday, rejected key recommendations of the......