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Byju’s Alpha Sues original company, byju raveendran, and other officials alleged for the theft $ 533 million, fraud – details. Company trade news

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BIJU’s Alpha Inc., United States-based Special Finance Finance Vehicle Indian Ed-Tech Unicorn Byju’sSPV said in an official release on 9 April, “its original company, Bayju Ravendron, his wife Divya Gokulnath, brother Riju Ravindran and Kansiglir Anita Kishore have been sued. Case filed in US bankruptcy court for Delaware district, accused “orchestrated theft” $ 533 million, … Read more

Donald Trump’s tariff Tantrums tank Tesla Stock, Elon Musk’s money falls below $ 300 billion for the first time since November. Company trade news

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According to data from the Bloomberg Billionaires Index, Tesla Stock, Tesla Stock, Tesla Stock, the United States President Donald Trump, topped the assets of his nearest colleague Elon Musk for the first time since November 2024. While Elon Musk remains the world’s richest man, all the benefits made since Donald Trump’s election victory last year … Read more

Donald Trump’s real estate company to build commercial tower in Pune. What we know | Company Business News

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US President Donald Trump’s real estate firm is planning its first commercial tower in the western Indian city of Pune as it seeks to ride a boom in demand for office space in the world’s most populous nation. The expansion in India, the biggest market for Trump’s real estate business outside the US, comes as … Read more

After Airtel, Jio brings Elon Musk’s Starlink to customers in India. What’s on offer? | Company Business News

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Reliance-owned Jio Platforms (JPL) has partnered with Elon Musk’s SpaceX to provide Starlink’s high-speed internet services to its customers in India, in an expansion of its broadband services, the company said on March 12.  The collaboration seeks to leverage Jio’s extensive mobile network and Starlink’s satellite technology to ensure reliable internet access, including in rural … Read more

Elon Musk ships Starlink terminals for FAA upgrade, raises conflict of interest questions | Company Business News

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Elon Musk is seeking to use Starlink’s satellite internet terminals for the update of the United States Federal Aviation Administration‘s information technology networks, according to a report by Bloomberg citing sources. Starlink is a subsidiary of Elon Musk‘s SpaceX. The upgrade is to FAA’s natoonal airspace system, the report added. The FAA’s air-traffic control (ATC) … Read more

Zara shuts ‘iconic’ 5-storey outlet in South Mumbai after 8 years | Company Business News

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Fashion brand Zara has reprotedly shut its ‘iconic’ SoBo store, situated in south Mumbai’s Fort area after eight years. Netizens spotted a notice posted on the doors of the 110-year-old, five -storey outlet and shared it on social media. As per the citizen report, Zara has shut its flagship Mumbai store on February 24. The … Read more

TCS ex-employee alleges ‘visa fraud’, claims ‘gaming system’ to bypass H-1B rules and US labour laws, says report | Company Business News

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A whistleblower ex-employee from Tata Consultancy Services (TCS) has alleged that the Indian IT major was “gaming the system” and committing “visa fraud” to bypass United States labour laws and H-1B visa rules, Bloomberg reported. Anil Kini, who was an IT manager at TCS’ Denver office has alleged that he was ordered to falsify internal … Read more

Fired for questioning Jamie Dimon about return-to-office diktat, JPMorgan employee rehired? What happened, explained… | Company Business News

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JPMorgan Chase CEO and Chairman Jamie Dimon has been emphatic about employees returning to the office (RTO) to work, dismissing hybrid or work-from-home (WFH) options for his workforce. During the recent company town hall on February 12, one staff member who disagreed was allegedly fired for questioning Dimon about the RTO policy, according to a … Read more

Valentine’s Day: ‘Bull run for stock market of love!’ Swiggy delivery platforms log 581 chocolates, 607 cakes per minute | Company Business News

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Valentine’s Day Sales: Revealing the sales and trends data for Valentine’s Day this year, the management of Swiggy and Swiggy Instamart shared that their platforms logged 581 chocolates, 607 cakes sales per minute, respectively on February 14, 2025. Further, in terms of restaurant booking and food orders, besides the metros of Mumbai and Delhi, tier … Read more

How Elon musk’s Tesla sued a woman and won $23,000 despite her parents’ hospitalisation over brake failure | Company Business News

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A Chinese woman was sued by Tesla, and ordered to pay over $23,000 in damages to the trillion dollar company, after she publicised the alleged brake failure of her Tesla Model 3 that led to a car crash and injured her parents, as per an AP report. Zhang Yazhou said the brakes of her Tesla … Read more

This Coimbatore AI start-up gave ₹14 crore bonus to 140 employees, founder explains why | Company Business News

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Saravanakumar, the founder of business-to-business software solutions (SaaS) AI start-up named Kovai.co, has given 140 employees a bonus of ₹14 crore, according to a report by News18. When asked why, his response was simple: “Why do people work in startups? They hope to become rich.” Employees Get ₹14 crore bonus — ‘Hope to become Rich…’ … Read more

Elon Musk-led group’s $97.4 billion bid for control of nonprofit OpenAI raises stakes in AI battle with Sam Altman | Company Business News

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A consortium led by Elon Musk has offered $97.4 billion to buy the nonprofit that controls Sam Altman-led OpenAI, in what has became the billionaire’s latest move to block the start-up’s transition into a for-profit company, according to a Reuters report. Also Read | British MP objects to ‘Bengali’ signboard at London station; Elon Musk … Read more