Subsidiary

Ed-tech unicorn Byju’s has raised Rs 300 crore in loan from subsidiary Aakash Educational Services for conducting “principal business activities”, regulatory filings to the Registrar of Companies by the test-prep platform showed. The…

Byju's in April 2021 acquired Aakash for about $950 million.The loan is being granted at an interest rate of 7.50 per cent per annumThink & Learn, the company that owns the world’s most-valued edtech startup Byju’s, will take an…

The world's largest crypto exchange has been accused of filing a “grossly inaccurate” annual report in 2020 by the co-owner of a Binance UK subsidiary called Dimplx. Financial statements for one of Binance's UK companies “do not accurately…

SINGAPORE: Hackers have attacked a second subsidiary of Singapore Telecommunications Ltd (Singtel), the company said Monday (Oct 10), raising questions about whether the Southeast Asian telecom giant was being targeted. In a filing with…

MOSCOW : Google's Russian subsidiary has filed a lawsuit against Russian state bailiffs, court documents show, in a year that has seen the unit file for bankruptcy in Russia and have more than 7.7 billion roubles ($127 million) in funds…

NEW DELHI: Tata Steel will merge with itself six of its subsidiary companies, a statement said on Friday. A proposal in this regard was approved by the Board of the company on Thursday, it said. "The Board of Directors of Tata Steel…

NEW DELHI: Mortgage major HDFC has received approval from the National Housing Bank(NHB) for its merger with subsidiary HDFC Bank, a regulatory filing said on Tuesday. The NHB has also approved the merger of two wholly-owned subsidiaries…

Chainalysis, a blockchain analytics firm, has launched its subsidiary dubbed Chainalysis Government Solutions, which aims to aid US government agencies in investigating crimes related to crypto. The firm has already dealt with US government…

Electric bike startup eBikeGo on Monday announced it will set up a manufacturing facility through its subsidiary Vajram Electric for its Muvi and Velocipedo brand of electric vehicles.The facility will develop powertrain as well as…

LUVERNE, Alabama: A subsidiary of Hyundai Motor Co has used child labor at a plant that supplies parts for the Korean carmaker's assembly line in nearby Montgomery, Alabama, according to area police, the family of three underage workers,…