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byjus loan default: Byju's lenders win fight over loan default, control of unit

Lenders have been pushing hard for the repayment of the $1.2 billion loan amid the companys mounting distress after a pandemic-era boom in online learning fizzled out. Byjus had been working to sell assets and deal with the loan issue when government investigators searched company offices this year.
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amazon festive sale: Tier 2-3 cities drive Amazon India festive sale; premium products' demand rise

Amazon said that it received the highest single-day of Prime sign-ups, which is paid memberships, in the first 48 hours of sale. More than 65 per cent of Prime members who shopped during the festive season were from tier 2 and 3 cities and towns.
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indonesia fintech loans: Indonesia to cap interest on loans given by fintech companies

Starting next year, fintech firms can only charge a maximum of 0.3% interest per day for a loan intended for consumption which will fall to 0.1% in 2026, the countrys Financial Services Authority (OJK) said. Currently the maximum is 0.4% interest per day.
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