Indian tax authorities are chasing $101 million in unpaid dues from Byju’s amid its insolvency proceedings. The edtech giant, once valued at $22 billion, has creditors filing claims totaling over $1.5 billion. With operations in more than 21 countries, Byju’s employs around 27,000 people including 16,000 teachers.
Related Posts
Adani Green pulls out of 2 Lanka power projects as new govt seeks tariff cuts
- staff
- February 14, 2025
- 0
Adani Green Energy has withdrawn from two wind power projects worth $1 billion in Sri Lanka after the government sought to reduce the tariff. The […]
After Adani, Jindal enters copper biz
- staff
- January 28, 2025
- 0
JSW Group will invest Rs 2,600 crore in the non-ferrous metals sector by starting copper mines in Jharkhand. This new venture by Sajjan Jindal’s conglomerate […]
RBI’s rosy growth forecast baffles economists
The Reserve Bank of India’s forecast of a 7.2% growth rate for the economy by March 2025 is causing concern among economists due to recent […]