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Byju’s Unable to Pay Salaries as Funds Remain Locked, Says Founder Raveendran

Lives News -
MUMBAI: Byju Raveendran, founder and CEO at troubled edtech startup Byju’s, criticized a group of investors, stating that their decision to prevent the company...

Paytm to Terminate Agreements with Bank Unit

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MUMBAI: Paytm announced on Friday that the company and its associated entity Paytm Payments Bank have mutually agreed to terminate various inter-company agreements in...

SEBI Urges Mutual Fund Houses to Safeguard Investors in Small and Midcap Schemes Amid Surging Inflows

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The Securities and Exchange Board of India (SEBI), the capital markets regulator, has directed mutual fund houses to establish a framework to safeguard investors...

Fiscal Deficit Reaches 64% by January; Capex Declined Last Month

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The Centre's capital expenditure experienced a significant decline of 40.5% in January, amounting to ₹47,600 crore compared to ₹80,000 crore recorded in the same...

Output Growth of Eight Core Infrastructure Sectors Slows to 15-Month Low of 3.6% in January

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The growth of eight key infrastructure sectors decelerated to a 15-month low of 3.6% in January. This slowdown was influenced by a contraction in...

Tax-Free Meal Benefits: Paytm’s Exit from Employee Benefits Market Could Open Opportunities for Competitors

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The impending exit of Paytm from the employee benefits market due to regulatory actions against its payments bank and mobile wallet has created opportunities...

SEBI Requests Small and Mid-Cap Funds to Provide Further Disclosure on Risks

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Sebi has urged the country's asset managers to provide investors with more comprehensive information regarding the risks associated with small and mid-cap funds, as...

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