Financial crisis at Byju's: Founder's pledge of properties and $400m debt raises concerns

NEW DELHI, India, Dec 4: In response to the financial challenges faced by Byju's, founder, Byju Raveendran, has pledged several properties owned by himself and his family. The collateral, consisting … Read More

China tells Evergrande to avoid near-term dollar bond defaults

Financial regulators in Beijing issued a broad set of instructions to China Evergrande Group, telling the embattled developer to focus on completing unfinished properties and repaying individual investors while avoiding … Read More

United Nations: Gueterres warns ‘We are on the edge of an abyss’

The world has never been more threatened or more divided, United Nations Secretary-General Antonio Guterres told nations of the world on Tuesday as he kicked off the 76th General Assembly … Read More