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Byju's saga: Salaries delayed, US unit files for bankruptcy
Embattling edtech company Byju's has reportedly delayed salaries of its employees for the month of January, as the firm aims to raise funds through a...
Funding is not everything for success of startups
As the information technology dependence is growing in every business entity, the focus has shifted to IT sector and the new generation considers all...
FTX used Python code to fake insurance fund figure
FTX’s so-called $100 mn insurance fund in 2021 was actually fabricated, says Gary Wang, FTX co-founder said in a court testimony
Jet Airways investor Florian Fritsch being probed fraud
New Delhi: A Liechtenstein court order has exposed a trove of luxury cars and watches among the items seized by prosecutors investigating...
Virgin Orbit shuts business
San Francisco: Virgin Orbit, the bankrupt rocket company founded by British billionaire Sir Richard Branson, has shut down operations after selling...
Another crypto exchange Bittrex files for bankruptcy
Crypto exchange Bittrex has filed for bankruptcy in the US, months after announcing that it will shut down operations.
Richard Branson's rocket company Virgin Orbit files for bankruptcy
Virgin Orbit, the rocket company founded by British billionaire Richard Branson, has filed for bankruptcy after announcing to lay off 85 per cent of...
After FTX, now crypto finance firm BlockFi files for bankruptcy
Crypto finance firm BlockFi has filed for bankruptcy to help "stabilise its business," as investors are yet to recover from the fall of crypto...
