Monday, June 5, 2023

Byju’s skips $40 million loan payment in dispute with lenders

Byju’s skips $40 million loan payment in dispute with lenders Byju’s 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/byju’s-skips-3640-million-loan-paymentdisputelenders_17072101.html

Adani flags improving debt metrics to bolster confidence

Adani flags improving debt metrics to bolster confidence Adani Group’s 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.

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Apple WWDC 2023 Highlights: Apple introduces new watchOS 10

Apple WWDC 2023 Highlights: Apple introduces new watchOS 10 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.

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Apple WWDC 2023 Live Updates: What#39;s new for AirPods

Apple WWDC 2023 Live Updates: What#39;s new for AirPods Apple WWDC 2023 Live Updates: Adaptive Audio uses dynamic noise cancellation to adjust to the environment. Automatic noise reduction reduces distracting noises. By turning down the music and concentrating on the voices during conversations, background noise will be reduced.

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Opposition Party Meet LIVE: Meeting of opposition parties postponed, Bihar CM Nitish Kumar to announce new date

Opposition Party Meet LIVE: Meeting of opposition parties postponed, Bihar CM Nitish Kumar to announce new date 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

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Sunday, June 4, 2023

Live Updates: OpenAI chief Sam Altman to visit India this week

Live Updates: OpenAI chief Sam Altman to visit India this week 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.

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Top Indian startup Byju’s faces deadline for $40 million payment

Top Indian startup Byju’s faces deadline for $40 million payment 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 isn’t public. The situation is still fluid and plans could change. Failure to pay on that date means the $1.2 billion loan will default.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/top-indian-startup-byju’s-faces-deadline-for-3640-million-payment_17069511.html

IndiGo to buy 500 jets from Airbus: Report

IndiGo to buy 500 jets from Airbus: Report 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.

from Moneycontrol Business News https://ift.tt/bdKX0qg

As older TikTok creators flourish, brands are signing them up

As older TikTok creators flourish, brands are signing them up 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.

from Moneycontrol Business News https://ift.tt/KHp4WDX

Friday, June 2, 2023

Amazon Web Services India head Puneet Chandok resigns

Amazon Web Services India head Puneet Chandok resigns 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.

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ICICI Bank commits Rs 1,200 crore to help Tata Memorial Centre build 3 cancer facilities pan India

ICICI Bank commits Rs 1,200 crore to help Tata Memorial Centre build 3 cancer facilities pan India 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.

from Moneycontrol Business News https://ift.tt/6mfaTwG

LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...