$533 mn loan fraud case: US Bankruptcy Court rules against Byju's

IANS | February 28, 2025 10:01 PM

New York, Feb 28 (IANS) 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.”

We value our partnership with India, says EU chief after meeting PM Modi

IANS | February 28, 2025 2:20 PM

New Delhi, Feb 28 (IANS) Thanking Prime Minister Narendra Modi for hosting the European Union (EU) College of Commissioners - a first in India-EU partnership - Ursula von der Leyen, President of the European Commission, on Friday said that the delegation's visit symbolises how much the EU values its partnership with India.