Byjuâs lenders win fight over loan default, control of unit
November 10th, 2023 08:27
The lenders â which include Redwood Investments LLC and Silver Point Capital LP â were within their contractual rights to replace a relative of company founder Byju Raveendran on the board of Byjuâs Alpha, a special-purpose company formed for financing purposes, with their nominee, Delaware Chancery Court Judge Morgan Zurn ruled.
Tata Capital soars in unlisted market on IPO hopes
November 10th, 2023 07:27
Like Tata Technologies, Tata Capital has drawn significant investor interest in the unlisted market since the introduction of the stock there about six months ago. The scrip trades in the range of ₹400 to ₹425.
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