Friday, June 7, 2024

Prosus stake in Byju’s worth zero: HSBC

This comes at the time of Byju's controversial $200 million right issue at 99% discount to its peak valuation of $22 billion, meaning any investor not investing in the rights issue will see its holding wiped off.

from Tech-Economic Times https://ift.tt/pwW28Hz

No comments:

Post a Comment

Large manufacturing units mull kitchen revamp amid LPG crisis

LPG shortages linked to the West Asia war are pushing Indian manufacturing firms to plan energy-resilient kitchens. Companies are sourcing c...