Articles for tag: Apologizes, Byju, Continue, Educational, Employees, insolvency, Mission, Payments, Promising, Raveendran, Small, Strength

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Amidst insolvency, Byju Raveendran apologizes to employees, promising small payments and strength to continue their educational mission together.

Amidst insolvency, Byju Raveendran apologizes to employees, promising small payments and strength to continue their educational mission together.

Byju Raveendran, the founder of Byju’s, recently expressed his apologies to employees for their unpaid wages due to the company’s ongoing financial struggles and insolvency proceedings. Once valued at $22 billion, the edtech firm has faced significant challenges including legal disputes and regulatory issues. In a heartfelt message, Raveendran acknowledged the hard work and dedication ...

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Vedanta’s Credit Rating Soars: A Strategic Leap Towards Financial Strength

Vedanta’s Credit Rating Soars: A Strategic Leap Towards Financial Strength

ICRA has upgraded Vedanta Ltd’s long-term credit rating from AA- to AA, highlighting the company’s improved credit profile. This change comes after Vedanta successfully raised $1 billion through a qualified institutional placement in July and an additional $400 million from selling shares of Hindustan Zinc Ltd in August. The upgrade reflects significant strategic growth initiatives ...

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