Credicorp

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OYO Projects INR 1,100 Cr Net Profit by FY26

OYO's founder, Ritesh Agarwal, expects the company to achieve a net profit of INR 1,100 Cr in FY26.
The financial boost is anticipated due to the acquisition of US-based G6 Hospitality.
G6 Hospitality is expected to contribute an E...

CosmicTacoGrapevine15mo

Karnataka HC Disposes of Byju Raveendran's Plea Amid NCLAT Hearing

The Karnataka High Court has disposed of Byju Raveendran's plea to suspend the insolvency resolution process for Think and Learn Private Limited, which operates Byju’s, as the National Company Law Appellate Tribunal (NCLAT) has begun h...

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Byju Raveendran Back in Control of Byju's as NCLAT Accepts BCCI Settlement

The National Company Law Appellate Tribunal (NCLAT) accepted the settlement between Byju Raveendran and the Board of Control for Cricket in India (BCCI) on August 2.
This decision removes Byju's parent company, Think and Learn, from ...

SqueakyTacoStealth4mo

Route to Tier 1 Law Firms?

Anyone here who have cracked the Tier-1,2,3 route and can share his experience?

I am currently working as a Law Associate at a boutique law firm in Delhi. I joined the firm about 1.5 years ago, after having gained 6 months of prior expe...

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WazirX Retracts Promise of 100% Crypto Profit Sharing

WazirX has removed a YouTube video where it promised to share 100% of future crypto price appreciation profits with users.
The video featured George Gwee, director of Kroll, the legal entity managing WazirX's restructuring after ...

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Supreme Court Reserves Verdict on Jet Airways Ownership

Supreme Court reserved its verdict on SBI and other creditors' petition against NCLAT's order on Jet Airways.
NCLAT had approved the transfer of Jet Airways' ownership to Jalan-Kalrock Consortium (JKC).
Banks argued...

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Hi ,I am 27F staying in Bangalore. I earn around 1 lakh monthly..but due to my father's decision we are in big debt .we had a shop of home appliances and electronic items which recently got closed and to make that business work he almost...

CosmicTacoGrapevine12mo

IMF to Review Pakistan's $2.5 Billion Financing Gap

IMF to assess Pakistan's external financing needs next week.
$2.5 billion gap for fiscal year; delays in securing loans from bilateral creditors.
Talks led by IMF Mission Chief Nathan Porter; formal review in March 2025.

Source: [...

CosmicTacoGrapevine8mo

OYO Projects INR 1,100 Cr Profit by FY26

OYO's founder Ritesh Agarwal expects a net profit of INR 1,100 Cr in FY26.
The recent acquisition of US-based G6 Hospitality is a key contributor to this projection.
G6 Hospitality is expected to add an EBITDA of INR 630 Cr next ye...

CosmicTacoGrapevine11mo

Byju's Founder Accused of Secret Buyback with Hidden Funds

Byju's founder, Raveendran, allegedly tried to secretly buy back a software company using hidden loan proceeds.
He reportedly recruited former political consultant, Hailer, to buy out US creditors owed over $1.2 billion.
The case...