Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. click here!
More than a year after the ₹25,938 crore production-linked incentive (PLI) scheme for India’s auto sector came into effect, qualified manufacturers await clarity on whether they will receive sops for the first year of the programme.
Byju’s has sued its lender Redwood, an American investment management firm, and its related entities in the New York Supreme Court for accelerating the repayment of a $1.2 billion Term Loan B (TLB). This marks a new twist in the long-drawn saga playing out between the Indian edtech major and its lenders even as Byju’s missed its quarterly interest payment of about $40 million for the TLB that was due on June 5.
Sequoia Capital, the marquee Silicon Valley investor in early-stage companies, has broken away from its India and China partnerships, signalling a retreat from Asia for the fund that had backed technology giants Apple and Google in its early days.
(Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.)
Download The Economic Times News App to get Daily International News Updates.
ETPrime stories of the day
At 7.2% GDP India stands tall amid faltering global economies. But the road ahead won’t be smooth.
A puny INR0.35 insurance could compensate for the Balasore train tragedy. Alas, it wasn’t mandatory.
India’s voice must be heard louder in the global artificial intelligence debate. Here’s why.
Honda re-enters SUV space with ‘Elevate’
Byju’s moves New York Supreme Court
Global GDP is set to climb 2.1% this year: World Bank
Sequoia to split off China, India/SE Asia
Cyclone may form in Arabian Sea in next 24 hr
What Apple unveiled at WWDC 2023
5 stocks that can rally up to 30%
Implications of Bank Nifty expiry shift
NCB’s ‘biggest ever’ LSD bust, 6 arrested
Air India flight diverted after engine glitch
Trending Now
Popular Categories
Hot on Web
In Case you missed it
Top Calculators
Top Definitions
Most Searched IFSC Codes
Top Story Listing
Top Searched Companies
Top Prime Articles
Top Slideshow
Top Videos
Popular Articles
Most Searched Articles
Top Trending Topics
Private Companies
Trending Articles
Follow us on:
Find this comment offensive?
Choose your reason below and click on the Report button. This will alert our moderators to take action
Reason for reporting:
Your Reason has been Reported to the admin.
Log In/Connect with:
Will be displayed
Will not be displayed
Will be displayed
Stories you might be interested in