In a significant turn of events, India’s Supreme Court has struck down a tribunal order that would have allowed Byju’s, the country’s largest online tutoring platform, to settle its debts with a creditor. This decision firmly re-establishes the company’s trajectory towards insolvency and signifies a major setback for its founder, Byju Raveendran.
A High-Profile Setback for Byju’s
The…
The latest allegations from Hindenburg Research, questioning potential conflicts involving the chief of India’s market watchdog, have reignited a critical debate. These claims, which have been denied by both the official and the regulator, necessitate a serious and independent investigation. The Supreme Court in New Delhi should consider reinstating the committee it had previously established…
An application has been filed in the Supreme Court urging the completion of the Securities and Exchange Board of India’s (SEBI) investigation into the Adani Group. This comes as SEBI approaches the end of its 24th and final case concerning the Adani-Hindenburg saga.
The petition, submitted by advocate Vishal Tiwari on August 13, 2024, highlights recent allegations by Hindenburg Research against…
Dream sports stage Dream11 has suspended its activities for clients in Karnataka following a first data report (FIR) held up against the organization’s authors for abusing the new law prohibiting betting and wagering in web based games.
Dream11 kept on working in the state until the principal half of Sunday despite the fact that its companions including Mobile Premier League (MPL), Paytm First…
Amazon.com Inc. has tested a Delhi high court division seat request that permitted Kishore Biyani’s Future Group to continue with a resource deal manage Mukesh Ambani’s Reliance Industries Ltd (RIL).
In its supplication in the Supreme Court, Amazon named the division seat’s 22 March request as “unlawful”, “irregular”, unjust and uncalled for, mentioning the peak court to keep Amazon…
The Delhi high court Friday wouldn’t further hear a PIL to announce all individuals related with the legal working, including judges, court staff and legal counselors, as ‘bleeding edge laborers’ to empower them to get Covid-19 inoculation on need taking into account the Supreme Court’s organization remaining the procedures. A seat of Justices Vipin Sanghi and Rekha Palli dismissed…
Future Group has moved an application in the Mumbai seat of National Company Law Tribunal (NCLT) looking for the council’s endorsement to hold its investors meeting on the plan of combination with Reliance gathering.
The application was moved under Sections 230–232 of the Companies Act, 2013.
Internet business monster Amazon needed to intercede and has protested Future gathering’s…
Cryptographic money speculation stage CoinSwitch Kuber has raised $15 million or Rs 109 Crore in its Series A financing round drove by US-based fintech reserve Ribbit Capital and San-Francisco based venture firm Paradigm. Existing financial specialists Sequoia Capital and CRED originator Kunal Shah likewise partook in the round.
This arrangement marks Ribbit Capital’s lady interest in the Indian…
