Articles for tag: Banerjee, Discussion, Distant, Dream, Flood, Indian, Mamata, mismanagement, Politics, Protests

September 22, 2024

Mamata Banerjee Protests Flood Mismanagement: When Discussion Becomes a Distant Dream in Indian Politics!

West Bengal Chief Minister Mamata Banerjee has expressed strong dissatisfaction with the Central Government’s handling of flood control in a second letter to Prime Minister Narendra Modi. She announced the state’s withdrawal from the Damodar Valley Reservoir Regulation Committee due to a lack of cooperation and unilateral water releases from the Damodar Valley Corporation, which ...

September 15, 2024

Market News

Business

BYJU’S faces a .2 billion lawsuit from lenders as founder disputes debt claims amid allegations of financial mismanagement.

BYJU’S faces a $1.2 billion lawsuit from lenders as founder disputes debt claims amid allegations of financial mismanagement.

BYJU’S is facing legal challenges from US lenders represented by Glas Trust, who demand repayment of a $1.2 billion Term Loan B. The founder, Byju Raveendran, claims the company’s verified debt is only around Rs 20 crore, arguing this means he may not owe anything. However, the lenders insist that both Raveendran and the Insolvency ...