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Data recap: Inflation, Nifty, KKR investment, and more - Vimarsana News

Data recap: Inflation, Nifty, KKR investment, and more

News and developments from the week gone by, through numbers and charts.

Byju's refutes accusations of concealing $533 million in hedge fund, cites credit agreement compliance - Vimarsana News

Byju's refutes accusations of concealing $533 million in hedge fund, cites credit agreement compliance

Says, ‘As a commercially prudent borrower and like any other large corporate treasury, Byju’s Alpha has made investments in a multi-hundred billion dollar fund with high security fixed income instruments’

'No requirement for…': Byju's responds to accusations of concealing $533 million - Vimarsana News

'No requirement for…': Byju's responds to accusations of concealing $533 million

Byju's denied any wrongdoing and emphasised that the transaction was carried out within the terms of its credit agreement with lenders, which explicitly allows the movement and investment of funds disbursed under its terms.

byjus: Byju's denies hiding $533 million in hedge funds, says money invested in 'high-grade fixed income assets' - Vimarsana News

byjus: Byju's denies hiding $533 million in hedge funds, says money invested in 'high-grade fixed income assets'

Byjus statement was in response to a Bloomberg report that said the Bengaluru-based firms lenders had alleged that the edtech company hid $533 million in an obscure three-year-old hedge fund, operating from a pancake restaurant in Miami.

BYJU'S Allegedly Hid $533 Mn In Hedge Fund, Lenders Claim - Vimarsana News

BYJU'S Allegedly Hid $533 Mn In Hedge Fund, Lenders Claim

Lenders to BYJU’S have alleged that the edtech hid $533 Mn in an obscure Miami-based hedge fund, Camshaft Capital Fund.

Source: inc42.com