August 21, 2026
  • August 21, 2026

Rights issue: Byju’s moves HC against NCLT order

by on June 24, 2024 0

Byju’s challenges NCLT order in Karnataka High Court. NCLT restricts second tranche of $200-million rights issue, citing cash-strapped situation. Investors like Prosus oppose rights issue. In a fresh order issued earlier this month, the Bengaluru bench of the NCLT had directed the startup to not proceed with the second tranche besides restricting it from...

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Food companies step up vigil, e-tailers ready to ‘delist’

by on June 24, 2024 0

E-commerce platforms are enhancing product checks in dark stores to ensure consumer safety amidst food contamination incidents. As far as brands are concerned, they are tightening vigilance on the manufacturing process. iD Fresh Food, for instance, plans to deploy AI cameras in its manufacturing plants for better inspection of the procedures.

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