Byjus

Byju’s Founder Pledges Personal Residence Amidst Company Crisis

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Byju's Founder Pledges Personal Residence Amidst Company Crisis

Byju’s, the formerly prosperous edtech behemoth established by Byju Ravindran, has recently become enmeshed in a web of financial difficulties. The situation has apparently deteriorated to the point that Ravindran has put two of his Bangalore homes as security for a $12 million loan. This action follows the company’s apparent liquidity difficulties, with sources claiming … Read more

Ajay Goel Returns as Vedanta’s new Chief Financial Officer

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Ajay Goel Returns as Vedanta's new Chief Financial Officer

Just as Anil Agarwal, the billionaire, is heading a mining conglomerate into an ambitious business restructuring, veteran finance professional Ajay Goel has returned to Vedanta Ltd. as the company’s new chief financial officer. Sonal Shrivastava, who had held the position for months before resigning, was replaced by him. Vedanta announced in a stock exchange filing … Read more