FTX Failure: Lessons To Be Learnt

Damage from new shenanigans can be contained if regulators move quickly when something does not smell right, counsels Debashis Basu. IMAGE: Sam Bankman-Fried, who founded and led FTX until a......

Unacademy gives pink slips to 350 employees in second round of layoffs

Unacademy is conducting another round of job cuts and laying off 350 employees or 10 per cent of its workforce of 3,500, as the SoftBank-backed edtech firm targets profitability and reduces costs,......

Funding may dry up for next 12-18 months: Unacademy CEO tells employees

Unacademy may see a funding dry spell for at least next 12-18 months and even last till 24 months and will cut costs to weather the lean period, said the chief executive of the education technology......

SoftBank-backed Ola raises $500-mn term loan

Ola is likely to use the loan to fuel its vision for future of mobility across businesses including ride-hailing, vehicle commerce, delivery with foods, quick commerce & financial services.......