Tuesday, July 9, 2024

Medtech firm Medikabazaar rejigs top deck as PwC audit spots issues

Medikabazaar undergoes management reshuffle with CEO stepping down amid financial discrepancies. Investors demand audits and CEO transitions become a trend in B2B startups. Scrutiny reveals wrong accounting practices in the industry.

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

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...