Byju Raveendran (pictured), founder and CEO of Byju's, is in talks with various international and domestic banks to raise $400 million as a loan to fund 50 per cent of the $800-million (about 26,000 crore) funding round of the ed-tech giant, according to people familiar with the development. They said the move is part of the company's strategy to show the founder's confidence in the firm, as he is leading the round, and help shore up investor interest at a time when the valuations are under stress globally.
هذه القصة مأخوذة من طبعة March 14, 2022 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة March 14, 2022 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
DPIIT wants 'local content' calculation narrowed
PUBLIC PROCUREMENT ORDER
10 Stocks That Get Institutional Seal Of Approval
Equity investments by foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) in the Indian market have shown a mixed trend over the past six months.
G7's coal phaseout move may impact COP29, G20 talks
The Group of Seven (G7) developed economies, ☐ in the recent meeting of its Climate, Energy, and Environment Ministerial, has decided to phase out unabated coal during the first half of the 2030s.
Small (car) is beautiful
The Indian passenger vehicle industry has had a stellar year.
Declare chronic ailments with insurers willing to cover them
By paying extra premium, you can reduce waiting period for pre-existing conditions
Deal valuations weigh on Apollo Hospitals stock
Brokerages believe the transaction is positive despite valuation concerns
Havells: Positive outlook priced in
Good results for the January-March quarter (Q4) of the financial year 2023-24 (FY24) and the promise of seasonal demand for cooling have led to a positive outlook on Havells.
BSE now corners a fifth of derivatives mkt share
From 0 to 21% in less than a year, the bourse is making further strides
Unfavourable conditions
Workplace culture remains hostile for women
A Chinese invasion of the auto landscape
As seen in Australia, tariff cuts may have an unwelcome outcome for domestic car makers