Financial Scandal News - Latest Updates & Headlines
$533 mn loan fraud case: US Bankruptcy Court rules against Byju's
New York, Feb 28: A Bankruptcy Court in the US on Friday issued a summary judgement against Riju Ravindran, Think & Learn (the parent company of Byju’s), and the hedge fund Camshaft Capital, finding them guilty of fraudulent transfer of $533 million and a “breach of fiduciary duty.”
Indian Navy files case over Rs 78 cr financial wrongdoings in Mumbai defence forces' club
Mumbai, February 26: The Indian Navy has filed a case with the Mumbai Police in allegations of financial wrongdoings of around Rs 78 crore in the United Services Club located in the Colaba area in Mumbai.