North News
Chandigarh, August 2
American lenders are aiming to freeze the assets of Riju Ravindran, a suspended director of the Indian edtech giant Byju’s, insisting that his funds should be directed to pay off debts owed to them rather than settling with India’s cricket governing body, BCCI. According to Business Standard,GLAS Trust Company, representing lenders owed $1.2 billion, requested a US bankruptcy judge to prevent Ravindran from paying more than $19 million to BCCI to resolve an insolvency case in India. The lenders argue that Ravindran, who allegedly hid $533 million, has evaded accountability by using his international residence.
Mumbai, April 17 Benchmark equity indices Sensex and Nifty opened on a positive note in…
Mumbai, April 16 The Indian rupee appreciated by 6 paise to 93.27 against the US…
Mumbai, April 15 The Indian rupee appreciated by 20 paise to 93.15 against the US…
New Delhi, April 14 India’s crude oil imports from Russia more than tripled to 5.3…
