home, the ministry of corporate affairs launched investigations into its financial practices. Shareholders, including prominent investors like Prosus NV, voted to remove Raveendran as CEO—a decision he legally contested. The Institute of Chartered Accountants of India found Byju's auditors guilty of gross negligence, recommending punitive measures.
These crises forced the company to scale down, laying off thousands of employees and shuttering multiple offices and tuition centers. BlackRock, one of its key investors, slashed the company's valuation from $22 billion in 2022 to a mere $1 billion, exposing the inflated metrics upon which its growth was predicated.
Denne historien er fra December 28, 2024-utgaven av Financial Express Bengaluru.
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Denne historien er fra December 28, 2024-utgaven av Financial Express Bengaluru.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Putin Apologizes for 'Tragic' Azerbaijani Airplane Crash
But stops short of admitting airliner was shot down
Hallucinatory AI May Not Necessarily Be a Bad Thing
The smart machines, it turns out, are dreaming up riots of unrealities that help scientists track cancer, design drugs, and even win the Nobel Prize.
Genome reveals how a small group burst out of Africa
DNA from European fossils dating back 45,000 years offers new clues to how our species spread across the world
What does the future hold for out-of-form India captain Rohit Sharma?
Rohit has had one 50-plus score in his last 14 visits to the crease, and his last Test hundred came in March in the home series against England, a high point for him as a batsman and skipper. The last home summer was a forgettable one and he has not reached double figures in his four innings in Australia since joining the team after the birth of his second child.
Defiant push to change Constitution
support of two-thirds of the members present and voting required to pass a Constitution Amendment Bill.
India to toast new year on a cocktail high
consumers are now embracing bold, vibrant flavours, with fruity (66%), sweet (53%), and spicy (50%) cocktails leading the way for the next 12 months, as per the cocktail trends report.
Can you find the names of 10 2024 best sellers in this puzzle?
THE 'TITLE SEARCH' puzzle
Punjab Farmers Call for Kisan Mahapanchayat on January 4
FARMERS, ON A warpath against the Centre, on Saturday called for a \"Kisan Mahapanchayat\" at the Khanauri protest site on January 4.
Heavy Snowfall Throws Life Out Of Gear In J&K
Cold Wave Grips Entire North India
Hundreds line up to bid adieu to Dr Singh
● King to envoys to workers pay tribute to ex-PM
