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"Ready To Pay Back Lenders Before Taking A Single Rupee Out": Byju's Founder
Byju Raveendran, the founder of troubled edtech firm Byju's, on Thursday said that he is willing to pay back all the money owed to lenders if they are willing to work with him.
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Byju's Must Freeze $533 Million, Says US Bankruptcy Judge In Win For Lenders
Tech firm Think & Learn Pvt must freeze $533 million to protect the money for disgruntled lenders who claim the cash should only be used to pay them, a US judge said on Thursday.
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Curbs On Paytm Payments Bank Services: What Happens To Your Money Now
In a major blow to Paytm Payments Bank Limited, an associate of Paytm, the RBI on Wednesday ordered the lender to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other prepaid instruments.
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Canara Bank Rolls Out CBDC App Interoperable With UPI, Users Highlight Issues
Canara Bank has launched an app to process eRupee payments between select customers and retailers. The launch of this app this week, makes Canara Bank the first mainstream Indian lender to have created a special platform to initiate CBDC payments as India marches forward with its eRupee trials.
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Indian Man Shot Dead By Off-Duty Constable In Uganda: Report
A 39-year-old Indian money lender was shot dead with a stolen AK-47 assault rifle by an off-duty police constable in Uganda's capital city of Kampala over a 2.1 million shillings (Rs 46,000) loan, media reports said.
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Harassed By Money Lenders, Rajasthan Man Jumps In Front Of Train, Dies: Cops
Fed up of being harassed by money lenders, a 48-year-old contractor died after allegedly jumping in front of a moving train near Dakaniya railway station in this Rajasthan district, police said on Tuesday.
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Crypto Lender FTX Reaches Deal To Recover $400 Million From Hedge Fund
Bankrupt crypto exchange FTX has reached a deal to recover more than $400 million in cash from hedge fund Modulo Capital, pulling back 97% of the money that FTX companies sent to the hedge fund in 2022.
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Credit Suisse Shares Plunge 30%, Top Shareholder Rules Out More Cash
Credit Suisse shares nosedived to historic lows Wednesday after its main shareholder said it would not invest any more money, as market jitters over European lenders spiralled in on the Swiss bank.
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Indian CEO's To-Do List After Silicon Valley Bank Collapse: Get Money Out, Fast
Two things worrying Indian startups the most after a key lender in the US collapsed on Friday are whether their money is safe and if it can be moved out of the dead bank fast, according to the owner of an Indian firm.
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Debt-Ridden UP Businessman Shoots Self On Facebook Live; Dies
A 45-year-old businessman, who was allegedly being harassed by money lenders, died after shooting himself while hosting a Facebook Live session in Uttar Pradesh's Ballia, police said on Wednesday.
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Binance's Deal to Acquire Bankrupt Voyager Digital Faces US SEC Objection: All Details
Binance's proposed $1 billion (roughly Rs. 8,250 crore) acquisition of bankrupt cryptocurrency lender Voyager Digital has been opposed by the US Securities and Exchange Commission (SEC), according to bankruptcy court filings. The regulator said the purchase agreement lacks details on the crypto exchange's ability to close the deal, asking for more ...
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Money Lender Shot Dead By Man Who Borrowed Rs 40,000. CCTV Led To Arrest
A 43-year-old man was allegedly shot dead in northeast Delhi's GTB Enclave on Friday, police said.
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UP Man Dies By Suicide After "Harassment By Money Lender" Over Rs 50,000
A 48-year-old man was found dead in his rented accommodation in Uttar Pradesh's Bhadohi after allegedly being harassed by a lender from whom he had taken a loan of Rs 50,000, the police said today.
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Pune Police Arrest 4 Money-Lenders For Abetment To Suicide
Four money-lenders were arrested on Tuesday for allegedly abetting the suicide of a 52-year-old man, police said.
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Celsius Clients Beg for Their Cash Back in Letters to Judge Overseeing Firm’s Multi-Billion-Dollar Bankruptcy
Celsius clients have written to the judge overseeing the multi-billion-dollar crypto lender’s bankruptcy, asking for their cash back. The firm owed $4.7 billion (roughly Rs. 37,205 crore) to its users, according to a court filing earlier this month. Hundreds of letters from around the world recount the results of users' accounts being frozen, fro...
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"Ready To Pay Back Lenders Before Taking A Single Rupee Out": Byju's Founder
Byju Raveendran, the founder of troubled edtech firm Byju's, on Thursday said that he is willing to pay back all the money owed to lenders if they are willing to work with him.
-
Byju's Must Freeze $533 Million, Says US Bankruptcy Judge In Win For Lenders
Tech firm Think & Learn Pvt must freeze $533 million to protect the money for disgruntled lenders who claim the cash should only be used to pay them, a US judge said on Thursday.
-
Curbs On Paytm Payments Bank Services: What Happens To Your Money Now
In a major blow to Paytm Payments Bank Limited, an associate of Paytm, the RBI on Wednesday ordered the lender to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other prepaid instruments.
-
Canara Bank Rolls Out CBDC App Interoperable With UPI, Users Highlight Issues
Canara Bank has launched an app to process eRupee payments between select customers and retailers. The launch of this app this week, makes Canara Bank the first mainstream Indian lender to have created a special platform to initiate CBDC payments as India marches forward with its eRupee trials.
-
Indian Man Shot Dead By Off-Duty Constable In Uganda: Report
A 39-year-old Indian money lender was shot dead with a stolen AK-47 assault rifle by an off-duty police constable in Uganda's capital city of Kampala over a 2.1 million shillings (Rs 46,000) loan, media reports said.
-
Harassed By Money Lenders, Rajasthan Man Jumps In Front Of Train, Dies: Cops
Fed up of being harassed by money lenders, a 48-year-old contractor died after allegedly jumping in front of a moving train near Dakaniya railway station in this Rajasthan district, police said on Tuesday.
-
Crypto Lender FTX Reaches Deal To Recover $400 Million From Hedge Fund
Bankrupt crypto exchange FTX has reached a deal to recover more than $400 million in cash from hedge fund Modulo Capital, pulling back 97% of the money that FTX companies sent to the hedge fund in 2022.
-
Credit Suisse Shares Plunge 30%, Top Shareholder Rules Out More Cash
Credit Suisse shares nosedived to historic lows Wednesday after its main shareholder said it would not invest any more money, as market jitters over European lenders spiralled in on the Swiss bank.
-
Indian CEO's To-Do List After Silicon Valley Bank Collapse: Get Money Out, Fast
Two things worrying Indian startups the most after a key lender in the US collapsed on Friday are whether their money is safe and if it can be moved out of the dead bank fast, according to the owner of an Indian firm.
-
Debt-Ridden UP Businessman Shoots Self On Facebook Live; Dies
A 45-year-old businessman, who was allegedly being harassed by money lenders, died after shooting himself while hosting a Facebook Live session in Uttar Pradesh's Ballia, police said on Wednesday.
-
Binance's Deal to Acquire Bankrupt Voyager Digital Faces US SEC Objection: All Details
Binance's proposed $1 billion (roughly Rs. 8,250 crore) acquisition of bankrupt cryptocurrency lender Voyager Digital has been opposed by the US Securities and Exchange Commission (SEC), according to bankruptcy court filings. The regulator said the purchase agreement lacks details on the crypto exchange's ability to close the deal, asking for more ...
-
Money Lender Shot Dead By Man Who Borrowed Rs 40,000. CCTV Led To Arrest
A 43-year-old man was allegedly shot dead in northeast Delhi's GTB Enclave on Friday, police said.
-
UP Man Dies By Suicide After "Harassment By Money Lender" Over Rs 50,000
A 48-year-old man was found dead in his rented accommodation in Uttar Pradesh's Bhadohi after allegedly being harassed by a lender from whom he had taken a loan of Rs 50,000, the police said today.
-
Pune Police Arrest 4 Money-Lenders For Abetment To Suicide
Four money-lenders were arrested on Tuesday for allegedly abetting the suicide of a 52-year-old man, police said.
-
Celsius Clients Beg for Their Cash Back in Letters to Judge Overseeing Firm’s Multi-Billion-Dollar Bankruptcy
Celsius clients have written to the judge overseeing the multi-billion-dollar crypto lender’s bankruptcy, asking for their cash back. The firm owed $4.7 billion (roughly Rs. 37,205 crore) to its users, according to a court filing earlier this month. Hundreds of letters from around the world recount the results of users' accounts being frozen, fro...
