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Byju's has already let go of several thousand employees this year due to slowing demand and it is locked in a legal battle with its lenders and faces regulatory scrutiny ....
Medtech Firm Surgalign Holdings Inc (NASDAQ: SRGA) has entered into an asset purchase agreement to sell its U.S. hardware and biomaterials assets and the equity interests in non-Debtor entities related to the Debtors' hardware business outside of the U.S. to Xtant Medical Holdings Inc (NYSE: XTNT) for $5 million. The sale will be effectuated through the Chapter 11 proceedings initiated by the company, which elected to file voluntary petitions under Chapter 11 of the Bankruptcy Code in the U.S. Ba ....
The $1.2 billion debt is the largest unrated loan by a start-up ever. The once high-flying company led by former teacher Byju Raveendran had been trying to strike a deal with creditors to restructure the loan, after the sharp dip of the pandemic-era boom in online tutoring dealt a massive blow to its finances ....
The National Commission for Protection of Child Rights (NCPCR) chairperson Priyank Kanoongo said on Tuesday that they would report the company to the government for their wrong selling practices. ....
Messi’s signing comes ahead of the FIFA World Cup 2022, which counts Byju’s as an official sponsor. The star footballer also runs his own non-profit organisation Leo Messi Foundation ....