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Byju’s Lays Off 1000 Amid Legal Battle With U.S. Lenders | Details | In Focus
Byju’s has been on a firing spree. In the latest round, it has laid off nearly a 1000 employees.After the latest rounds of firing which impacted 2% of its total work force, it still employs over 50,000 people. The latest round of layoffs has come at a time when the company is fighting a legal battle with lenders in the US for a $1 billion term loan.
20 Jun 2023Google Launchpad to retain focus on AI startups in India
Agriculture and healthcare technology are two strong emerging themes in India that Google Launchpad is likely to back in the future, says Google Launchpad India head Paul Ravindranath
3 min read4 Jan 2019Digital is the new frontier, says Bloomberg’s Parry Ravindranathan
Bloomberg inks partnership with Raghav Bahl's Quintillion Media for a digital platform, events and a TV channel
4 min read13 Apr 2016Lookup raises $2.5 million from Vinod Khosla, others
Lookup will use the funds to increase its merchant base, hire technology teams and expand to 10 new cities by the end of this year
1 min read15 Oct 2015Malaysia’s IHH buys India’s Global Hospitals for $195 million
IHH will inject 169 million ringgit into the Global Hospitals to fund its capital expenditure requirements and optimise its cost of borrowing
1 min read28 Aug 2015North-East’s climate change vulnerability to be mapped
North-East’s climate change vulnerability to be mapped
1 min read17 Jun 2010CBI probe to now focus on fund diversion
CBI probe to now focus on fund diversion
3 min read9 Apr 2009Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared