Byjuâs did not pay $40 million in interest that was due on Monday, according to people with knowledge of the matter. The company said in a statement June 6 that it has filed a complaint concerning the loan to the New York Supreme Court.from Moneycontrol Business News https://www.moneycontrol.com/news/business/byjuâs-skips-3640-million-loan-paymentdisputelenders_17072101.html
Adani Groupâs net debt to earnings before interest, tax, depreciation and amortization improved to 3.27 times at the end of March compared with 3.81 times a year ago, while cash balance rose to 403.5 billion rupees ($4.9 billion), the company said in a report on Monday.
Apple WWDC 2023 Highlights: Swiftly view information from any watch face You can use any watch face and then reveal widgets in a smart stack by turning the digital crown.
Opposition meeting to be held on June 12 has been postponed. Heads of all political parties were supposed to come to the meeting, it#39;s not right if any other representative will come. So we#39;ve asked Congress party that the head of the party should come. New date of the meeting will be announced later: Bihar CM Nitish Kumar
OpenAI Chief Executive Officer Sam Altman is set to visit India this week. Altman, whose company deals with artificial intelligence technologies and has created ChatGPT, will be on a six-nation tour. Altman tweeted on Sunday (local time) he was excited to visit India, Israel, Jordan, Qatar, the UAE, India, and South Korea this week.
The edtech firm expects to pay on Monday to meet the June 5 deadline, the people said, asking not to be named because the information isnât public. The situation is still fluid and plans could change. Failure to pay on that date means the $1.2 billion loan will default.
During an airline industry conference in Istanbul, sources said that the European planemaker has emerged as the leading candidate for a large order eclipsing Air India#39;s historic provisional purchase of 470 jets in February.
TikTok is gaining traction with older users, so brands are following them there. Companies selling clothing, beauty products and more are discovering other retirement-age content creators they want to work with.
The head of Amazon.com Inc#39;s cloud division, Amazon Web Services, in India and South Asia, Puneet Chandok, has resigned, a company spokesperson told Reuters on Friday.
As part of the commitment from ICICI Foundation, three new facilities will be built in Navi Mumbai#39;s Kharghar on the outskirts of the financial capital, Mullanpur in Punjab and Visakhapatnam in Andhra Pradesh.