By Jef Feeley and Reshmi Basu Lenders to one of India’s hottest tech startups, Byju’s, created bogus default claims tied to a $1.2 billion loan as part of a scheme to gain control of the education-technology provider, the firm’s lawyer told a judge. The distressed-debt lenders are “playing hardball” to create… Continue reading Byju’s lenders accused of using bogus loan-default claims to gain control
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BSE market capitalisation at new high after benchmark indices gain
Benchmark indices snapped their two-day losing streak on Monday, led by gains in information technology (IT) stocks and index heavyweights such as Reliance Industries and HDFC Bank. Both the Sensex and the Nifty50 rose 0.6 per cent. Also on Monday, the market capitalisation of all the listed companies on the BSE logged a… Continue reading BSE market capitalisation at new high after benchmark indices gain