Speaking on how technology can be a great equiliser, Narayana Murthy said, It doesn t care whether you are rich or poor, whether you are educated, or not so well educated, as long as you can use the machine.
Edtech firm Byju s to lay off 4,000 employees in major restructuring business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Byju s, India s most-valued startup, has decided to put two of its key assets Epic and Great Learning on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm s various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources.
The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju s amendment proposal, said the people familiar with the development. This loan repayment proposal has been submitted to the lenders and conversations are going in the right direction, said a person in the know.
Karnataka Minister for Health and Family Welfare Dr K. Sudhakar said on Tuesday that any city in the world would have faced a similar crisis as Bengaluru did if it received the same amount of heavy rain as it received here. Karnataka Health Minister K Sudhakar Says New York Would Be Like Bengaluru if It Rained Similarly.
Karnataka Minister for Health and Family Welfare Dr K Sudhakar said on Tuesday that any city in the world would have faced a similar crisis as Bengaluru did if it received the same amount of heavy rain as it received here.