SC sets aside NCLAT nod to Byju's settlement with BCCI

IANS | October 23, 2024 1:11 PM

New Delhi, Oct 23 (IANS) The Supreme Court on Wednesday set aside the National Company Law Appellate Tribunal (NCLAT) order, which had closed the insolvency proceedings against embattled edtech firm Byju after approving its settlement with the Board of Control for Cricket in India (BCCI) in connection with the repayment of dues of over Rs 158 crore.

Strike led to loss of $100 million: Samsung informs Madras HC

IANS | October 22, 2024 7:06 PM

Chennai, Oct 22 (IANS) Samsung India Electronics Private Ltd (SIEPL) informed the Madras High Court that the company lost around $100 million due to the recent strike by a section of employees led by the CPI(M)-affiliated Centre of Indian Trade Unions (CITU).