Articles for tag: Bankruptcy, Byjus, Conflicting, Creditor, Disputes, Faces, Igniting, India, insolvency, Ongoing, Proceedings, Ruling, Shocking, U.S

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Byju’s faces a shocking bankruptcy ruling in the U.S., conflicting with ongoing insolvency proceedings in India, igniting creditor disputes.

Byju’s faces a shocking bankruptcy ruling in the U.S., conflicting with ongoing insolvency proceedings in India, igniting creditor disputes.

Byju’s, the Indian ed-tech giant, faces a surprising US court ruling that placed its subsidiaries into involuntary Chapter 11 bankruptcy due to non-compliance with creditor demands. This decision impacts companies like Neuron Fuel Inc. and Epic! Creations Inc., conflicting with ongoing insolvency proceedings in India. Byju’s Interim Resolution Professional, Pankaj Srivastava, is seeking to halt ...

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Delhivery accuses Ecom Express of misrepresenting business metrics in their IPO prospectus, igniting a fierce rivalry in logistics.

Delhivery accuses Ecom Express of misrepresenting business metrics in their IPO prospectus, igniting a fierce rivalry in logistics.

Delhivery, a logistics company backed by SoftBank, has accused its competitor Ecom Express of wrongly representing business metrics in its draft IPO documents. The dispute centers on shipment volumes and other financial figures, with Delhivery claiming Ecom Express has misclassified shipments by double-counting some returns. For instance, while Ecom Express reported 514.41 million shipments, Delhivery ...

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Apple’s iPhone 16 series pre-orders launch today, with enticing offers like cashback, trade-ins, and subscription bonuses igniting consumer excitement.

Apple’s iPhone 16 series pre-orders launch today, with enticing offers like cashback, trade-ins, and subscription bonuses igniting consumer excitement.

Apple has launched the iPhone 16 series, with pre-orders starting at 5:30 PM on September 13, 2024, and availability on September 20. Customers can enjoy instant cashback of Rs 5,000 through select banks and choose from no-cost EMI plans for easy payments. Additionally, Apple is offering trade-in benefits for older models, allowing customers to get ...

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Amazon and Flipkart face antitrust findings in India for preferential treatment of sellers, igniting a fierce competition debate.

Amazon and Flipkart face antitrust findings in India for preferential treatment of sellers, igniting a fierce competition debate.

An Indian antitrust investigation has concluded that Amazon and Flipkart violated local competition laws by favoring specific sellers on their platforms. The Competition Commission of India (CCI) initiated this probe in 2020, following complaints that these companies promoted select sellers over others. The findings revealed that preferred sellers appeared more prominently in search results, marginalizing ...

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Frustrated by poor service, a man sets fire to an Ola Electric showroom, igniting outrage and highlighting service struggles.

Frustrated by poor service, a man sets fire to an Ola Electric showroom, igniting outrage and highlighting service struggles.

A 26-year-old man was arrested for allegedly setting fire to an Ola Electric showroom in Karnataka after facing poor servicing for his newly purchased e-scooter. Mohammad Nadeem, a mechanic, took his scooter to the service center multiple times for issues but was dissatisfied with the response. Frustrated, he brought petrol to the showroom and set ...

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Union Education Minister Accuses Stalin of State Rivalry, Igniting Debate on NEP and Fund Fairness – Who’s Really Winning?

Union Education Minister Dharmendra Pradhan has criticized Tamil Nadu Chief Minister M. K. Stalin for claiming that the central government is unfairly withholding funds from well-performing states that oppose the new National Education Policy (NEP). In a recent statement, Pradhan emphasized that healthy competition among states is important, but he believes that creating divisions among ...

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Apple unveils the AI-enhanced iPhone 16, igniting competition with Huawei’s tri-fold phone amidst rising consumer demand for advanced features.

Apple unveils the AI-enhanced iPhone 16, igniting competition with Huawei’s tri-fold phone amidst rising consumer demand for advanced features.

On September 9, 2024, Apple CEO Tim Cook unveiled the highly anticipated iPhone 16 during a special event at the Steve Jobs Theater in Cupertino, California. The new iPhone features advanced AI capabilities and is powered by the new A18 chip, along with a customizable button for enhanced camera controls. As Huawei’s tri-fold phone racked ...

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In Kolkata, millions united, demanding justice for slain doctor Tilottama, igniting a powerful movement against violence and injustice.

In Kolkata, millions united, demanding justice for slain doctor Tilottama, igniting a powerful movement against violence and injustice.

Protests erupted across Kolkata and various towns in West Bengal to demand justice for a young doctor, whose tragic rape and murder occurred on August 9. Thousands of supporters came together, forming human chains, waving the Indian flag, and chanting slogans. The civil society demonstrated in solidarity, with participants from diverse backgrounds, including students, teachers, ...

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Amid protests for justice, Durga Puja preparations continue, igniting a battle between festive traditions and demands for accountability.

Amid protests for justice, Durga Puja preparations continue, igniting a battle between festive traditions and demands for accountability.

As the Durga Puja festivities approach, set to begin on October 9, there is growing tension in Kolkata amid calls for a boycott in response to the recent tragic murder of a doctor from R G Kar hospital. While some advocates demand justice, key organizers insist that the celebrations will proceed despite the outcry for ...

Market News

Rahul Gandhi demands an apology from PM Modi for insulting Shivaji Maharaj, igniting political tensions in Maharashtra over statue controversy.

Rahul Gandhi demands an apology from PM Modi for insulting Shivaji Maharaj, igniting political tensions in Maharashtra over statue controversy.

Congress leader Rahul Gandhi stated that Prime Minister should apologize not only to the legendary Shivaji Maharaj but also to the people of Maharashtra. This remark came after the unveiling of a statue to honor the late Congress minister Patangrao Kadam. In other news, Reliance Industries announced a 1:1 ratio issue of bonus shares. The ...

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