Financial Troubles
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KTM In Financial Trouble; Seeks 100 Million Euros For Staying Afloat
KTM finds itself in financial trouble, with a significant slowdown in US and European sales among other things.
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London's Iconic Dogstar Bar And Nightclub Forced To Close Down Before Squatters Take Over
London's legendary Dogstar pub in Brixton has been taken over by squatters just days after closing due to financial strain.
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They Lost Parents To Covid, Now Help From Madhya Pradesh Government Has Dried Up Too
Thousands of children in Madhya Pradesh lost their parents to Covid-19 and, for over a year, many of them have stopped getting the monthly financial assistance from the state government that was promised to make their troubled lives a little easier.
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Byju's Manager 'Not Truthful' on Missing $533 Million, Says US Judge
A director of Indian tech firm Think & Learn Pvt faces financial penalties for defying a US judge's order to find out where the troubled company stashed $533 million that jilted lenders say should go to them.
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Andhra Doctor, Facing "Financial Troubles", Found Dead With 4 Family Members
Five members of a family including a financially struggling doctor were found dead in their home at Vijayawada, police said on Wednesday.
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Byju's To Lay Off 500 Employees Amid Financial Crunch: Report
Byju's is laying off about 500 employees, including from sales, amid a financial crunch, sources said, even as the troubled edtech firm maintained that it is in the final stages of business restructuring to streamline operations.
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Not Financial, Congress Suffers "Moral And Intellectual Bankruptcy": BJP
BJP chief JP Nadda today dismissed the Congress's talk of financial helplessness as "comical", and said the party can use the money accumulated from "all the scams" that took place during its rule for electioneering.
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Byju's In Talks To Sell US Unit Epic For $400 Million To Joffre
Troubled Indian education provider Byju's is in advanced talks to sell its US-based kids' digital reading platform for about $400 million to Joffre Capital Ltd., seeking funds to ease its financial pressures.
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Airbnb Host's "Nightmare": Pregnant Woman 'Homeless, In Rs 2 Crore Debt'
A pregnant Airbnb host had her home damaged by guests, leaving her in financial trouble and homeless.
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Vi Max Family Postpaid Users Get Data Sharing and Unlimited Data for the Night
Vi, on Tuesday, October 3, announced Data Sharing and Night-Time Unlimited Data features for the users of its Max Family postpaid plans. While the data-sharing feature will allow primary and secondary members of the family plan also to share the additional data quota, the night-time unlimited web browsing will benefit Max Family postpaid users usin...
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Byju’s Downsizes Bengaluru Office Space in Bid to Cut Costs Amid Legal Troubles
Troubled Indian startup Byju's has cut down on its office spaces in Bengaluru, two sources told Reuters on Monday, as the company tries to cut costs and ramp-up liquidity.
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Madhya Pradesh's New Scheme For Women Runs Into Trouble
More than 2,000 women reported receiving smartphone notifications that payments had been sent to their accounts under the Madhya Pradesh government's Ladli Bahna Yojana, a scheme to financially support women of the state, but the funds never arrived.
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Big Deadline For Byju's Today In Crisis Over $1.2 Billion Loan Repayment
Byju's, one of the most valuable startup, plans to make a quarterly interest payment of about $40 million on a loan that has been at the center of the beleaguered firm's financial troubles, according to people familiar with the matter.
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James Herbert: 5 Points On Founder Of First Republic Bank
US regulators took possession of California's troubled First Republic Bank and sold it to JPMorgan Chase, hoping to bring to a close a two-month crisis that has rattled the financial system. It was founded by James Herbert.
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"Addiction Forced Into System": Raghuram Rajan Expects More Bank Troubles
Raghuram Rajan, the former IMF chief economist who predicted the global financial crisis more than a decade ago - warned that the banking system is headed for more turmoil after the rescues of Silicon Valley Bank and Credit Suisse.
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KTM In Financial Trouble; Seeks 100 Million Euros For Staying Afloat
KTM finds itself in financial trouble, with a significant slowdown in US and European sales among other things.
-
London's Iconic Dogstar Bar And Nightclub Forced To Close Down Before Squatters Take Over
London's legendary Dogstar pub in Brixton has been taken over by squatters just days after closing due to financial strain.
-
They Lost Parents To Covid, Now Help From Madhya Pradesh Government Has Dried Up Too
Thousands of children in Madhya Pradesh lost their parents to Covid-19 and, for over a year, many of them have stopped getting the monthly financial assistance from the state government that was promised to make their troubled lives a little easier.
-
Byju's Manager 'Not Truthful' on Missing $533 Million, Says US Judge
A director of Indian tech firm Think & Learn Pvt faces financial penalties for defying a US judge's order to find out where the troubled company stashed $533 million that jilted lenders say should go to them.
-
Andhra Doctor, Facing "Financial Troubles", Found Dead With 4 Family Members
Five members of a family including a financially struggling doctor were found dead in their home at Vijayawada, police said on Wednesday.
-
Byju's To Lay Off 500 Employees Amid Financial Crunch: Report
Byju's is laying off about 500 employees, including from sales, amid a financial crunch, sources said, even as the troubled edtech firm maintained that it is in the final stages of business restructuring to streamline operations.
-
Not Financial, Congress Suffers "Moral And Intellectual Bankruptcy": BJP
BJP chief JP Nadda today dismissed the Congress's talk of financial helplessness as "comical", and said the party can use the money accumulated from "all the scams" that took place during its rule for electioneering.
-
Byju's In Talks To Sell US Unit Epic For $400 Million To Joffre
Troubled Indian education provider Byju's is in advanced talks to sell its US-based kids' digital reading platform for about $400 million to Joffre Capital Ltd., seeking funds to ease its financial pressures.
-
Airbnb Host's "Nightmare": Pregnant Woman 'Homeless, In Rs 2 Crore Debt'
A pregnant Airbnb host had her home damaged by guests, leaving her in financial trouble and homeless.
-
Vi Max Family Postpaid Users Get Data Sharing and Unlimited Data for the Night
Vi, on Tuesday, October 3, announced Data Sharing and Night-Time Unlimited Data features for the users of its Max Family postpaid plans. While the data-sharing feature will allow primary and secondary members of the family plan also to share the additional data quota, the night-time unlimited web browsing will benefit Max Family postpaid users usin...
-
Byju’s Downsizes Bengaluru Office Space in Bid to Cut Costs Amid Legal Troubles
Troubled Indian startup Byju's has cut down on its office spaces in Bengaluru, two sources told Reuters on Monday, as the company tries to cut costs and ramp-up liquidity.
-
Madhya Pradesh's New Scheme For Women Runs Into Trouble
More than 2,000 women reported receiving smartphone notifications that payments had been sent to their accounts under the Madhya Pradesh government's Ladli Bahna Yojana, a scheme to financially support women of the state, but the funds never arrived.
-
Big Deadline For Byju's Today In Crisis Over $1.2 Billion Loan Repayment
Byju's, one of the most valuable startup, plans to make a quarterly interest payment of about $40 million on a loan that has been at the center of the beleaguered firm's financial troubles, according to people familiar with the matter.
-
James Herbert: 5 Points On Founder Of First Republic Bank
US regulators took possession of California's troubled First Republic Bank and sold it to JPMorgan Chase, hoping to bring to a close a two-month crisis that has rattled the financial system. It was founded by James Herbert.
-
"Addiction Forced Into System": Raghuram Rajan Expects More Bank Troubles
Raghuram Rajan, the former IMF chief economist who predicted the global financial crisis more than a decade ago - warned that the banking system is headed for more turmoil after the rescues of Silicon Valley Bank and Credit Suisse.
