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5 Things to Know About Key Technology-Related Announcements From the Union Budget 2025
Finance Minister Nirmala Sitharaman announced new measures as part of the Union Budget 2025, including expanded broadband for government schools, a boost for local manufacturing of components, and insurance for nearly 1 crore gig workers. Loan limits under the PM Swanidhi scheme will increase, and a new Rs. 30,000 credit card linked to the NPCI's U...
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Byju's Breached Loan Terms Worth $42 Million, Small Stake Sale Blocked: Report
Indian ed-tech startup Byju's breached terms of loans worth $42 million and has been asked by an arbitrator not to sell some shares of a group firm, a confidential order showed, the latest setback for the company.
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Candidate Asks For Rs 45 Lakh Salary, CEO Jokes ''Will Have To Apply For A Loan To Hire Her''
Internet users urged companies to be transparent in their hiring process and add salary details in the job description.
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Byju's Loses One Of Its Units To Lenders After $1.2 Billion Loan Default
Lenders to Byju's, once one of India's hottest tech startups, properly cited a default on a $1.2 billion loan when taking over control of a unit of the education-technology provider, a Delaware judge concluded.
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Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Takeover: Report
Elon Musk withdrew a loan of $1 billion from SpaceX - the two-decade-old rocket company run by the billionaire - around the same time he was acquiring Twitter, now known as X, for $44 billion, the Wall Street Journal reported on Tuesday.
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Byju's Lenders Accused Of Using Bogus Default Claims To Take Control
Lenders to one of India's hottest tech startups, Byju's, created bogus default claims tied to a $1.2 billion loan as part of a scheme to gain control of the education technology provider, the firm's lawyer told a judge.
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Byju's, Lenders Renew Talks in Bid to Restructure Startup's Debt Load
Byju's and some of its lenders have restarted negotiations in a bid to restructure its $1.2 billion term loan after the Indian education-technology firm breached certain terms of its debt agreement, according to people familiar with the situation.
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Byju's Skips $40 Million Loan Payment In Dispute With Lenders
Education startup Byju's has elected not to make further payments on a $1.2 billion loan after a dispute with lenders, escalating a conflict that could jeopardize the future of one of India's highest-flying startups.
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Byju's Files Case Against Investment Firm Over $1.2 Billion Loan Repayment
Education startup BYJU's said on Tuesday it filed a suit against investment management firm Redwood to challenge the acceleration of a $1.2 billion term loan B and to disqualify Redwood for its predatory tactics.
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Big Deadline For Byju's Today In Crisis Over $1.2 Billion Loan Repayment
Byju's, one of the most valuable startup, plans to make a quarterly interest payment of about $40 million on a loan that has been at the center of the beleaguered firm's financial troubles, according to people familiar with the matter.
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Silicon Valley Bank Collapse: What Happens To Customers' Deposits, Loans
The collapse of the Silicon Valley Bank, a key lender to US startups since the 1980s, has sent shockwaves in global markets. It is not only the largest bank failure since 2008, but also the second-largest failure ever for a retail bank in the US.
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Elon Musk's Offer to Buy Twitter Sparks Concerns Among Tesla Investors, Analysts
Elon Musk's offer to buy Twitter has made Tesla investors and analysts worried. Tesla could potentially suffer as Musk could sell Tesla shares to fund the takeover.
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Realme PaySa Financial Services Platform Launched in India to Offer Loans to Individuals, SMEs
Realme PaySa is powered by Oppo-owned fintech startup FinShell. The new Realme offering is designed to take on Xiaomi’s Mi Credit by offering loans, payment services, and credit reports to individuals and enterprises.
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Budget 2019: Tax Rebate for Buying Electric Cars, Eased Angel Tax Norms, New Space Company for ISRO, More
Budget 2019: Finance Minister Nirmala Sitharaman detailed a number of proposals in the budget to boost e-mobility, Indian space programme, startups and Make in India initiative as the government looks to turn the country into a $5 trillion (3,42,65,500 crores) economy by 2024-2025.
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Why This Bengaluru-Based Startup Is Willing to Reject 95 Percent of Its Potential Customers
Bengaluru-based fintech startup MoneyTap offers a credit line for consumers, but largely sticks to core banking principles.
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5 Things to Know About Key Technology-Related Announcements From the Union Budget 2025
Finance Minister Nirmala Sitharaman announced new measures as part of the Union Budget 2025, including expanded broadband for government schools, a boost for local manufacturing of components, and insurance for nearly 1 crore gig workers. Loan limits under the PM Swanidhi scheme will increase, and a new Rs. 30,000 credit card linked to the NPCI's U...
-
Byju's Breached Loan Terms Worth $42 Million, Small Stake Sale Blocked: Report
Indian ed-tech startup Byju's breached terms of loans worth $42 million and has been asked by an arbitrator not to sell some shares of a group firm, a confidential order showed, the latest setback for the company.
-
Candidate Asks For Rs 45 Lakh Salary, CEO Jokes ''Will Have To Apply For A Loan To Hire Her''
Internet users urged companies to be transparent in their hiring process and add salary details in the job description.
-
Byju's Loses One Of Its Units To Lenders After $1.2 Billion Loan Default
Lenders to Byju's, once one of India's hottest tech startups, properly cited a default on a $1.2 billion loan when taking over control of a unit of the education-technology provider, a Delaware judge concluded.
-
Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Takeover: Report
Elon Musk withdrew a loan of $1 billion from SpaceX - the two-decade-old rocket company run by the billionaire - around the same time he was acquiring Twitter, now known as X, for $44 billion, the Wall Street Journal reported on Tuesday.
-
Byju's Lenders Accused Of Using Bogus Default Claims To Take Control
Lenders to one of India's hottest tech startups, Byju's, created bogus default claims tied to a $1.2 billion loan as part of a scheme to gain control of the education technology provider, the firm's lawyer told a judge.
-
Byju's, Lenders Renew Talks in Bid to Restructure Startup's Debt Load
Byju's and some of its lenders have restarted negotiations in a bid to restructure its $1.2 billion term loan after the Indian education-technology firm breached certain terms of its debt agreement, according to people familiar with the situation.
-
Byju's Skips $40 Million Loan Payment In Dispute With Lenders
Education startup Byju's has elected not to make further payments on a $1.2 billion loan after a dispute with lenders, escalating a conflict that could jeopardize the future of one of India's highest-flying startups.
-
Byju's Files Case Against Investment Firm Over $1.2 Billion Loan Repayment
Education startup BYJU's said on Tuesday it filed a suit against investment management firm Redwood to challenge the acceleration of a $1.2 billion term loan B and to disqualify Redwood for its predatory tactics.
-
Big Deadline For Byju's Today In Crisis Over $1.2 Billion Loan Repayment
Byju's, one of the most valuable startup, plans to make a quarterly interest payment of about $40 million on a loan that has been at the center of the beleaguered firm's financial troubles, according to people familiar with the matter.
-
Silicon Valley Bank Collapse: What Happens To Customers' Deposits, Loans
The collapse of the Silicon Valley Bank, a key lender to US startups since the 1980s, has sent shockwaves in global markets. It is not only the largest bank failure since 2008, but also the second-largest failure ever for a retail bank in the US.
-
Elon Musk's Offer to Buy Twitter Sparks Concerns Among Tesla Investors, Analysts
Elon Musk's offer to buy Twitter has made Tesla investors and analysts worried. Tesla could potentially suffer as Musk could sell Tesla shares to fund the takeover.
-
Realme PaySa Financial Services Platform Launched in India to Offer Loans to Individuals, SMEs
Realme PaySa is powered by Oppo-owned fintech startup FinShell. The new Realme offering is designed to take on Xiaomi’s Mi Credit by offering loans, payment services, and credit reports to individuals and enterprises.
-
Budget 2019: Tax Rebate for Buying Electric Cars, Eased Angel Tax Norms, New Space Company for ISRO, More
Budget 2019: Finance Minister Nirmala Sitharaman detailed a number of proposals in the budget to boost e-mobility, Indian space programme, startups and Make in India initiative as the government looks to turn the country into a $5 trillion (3,42,65,500 crores) economy by 2024-2025.
-
Why This Bengaluru-Based Startup Is Willing to Reject 95 Percent of Its Potential Customers
Bengaluru-based fintech startup MoneyTap offers a credit line for consumers, but largely sticks to core banking principles.
