Byju's is in talks with three-four strategic buyers, including Joffre Capital Ltd and language learning platform Duolingo, to sell one of its key assets, US-based digital reading platform Epic, for about $400-$450 million, according to sources. With this, the beleaguered edtech firm wants to meet various commitments, including repaying its entire $1.2 billion term loan B (TLB) within six months. "The binding offers of the bidders to acquire Epic are expected to come in the next few weeks after the due diligence is complete," said a person familiar with the matter.
Last season's runners-up FC Goa rallied to hold Atletico de Kolkata 1-1 and open their account after a hat-trick of defeats in an intense Indian Super League football clash, in Kolkata, on Sunday.
FC Goa secured a hard-fought 1-0 victory over FC Pune City to climb up from the bottom of the Indian Super League points table in Pune on Thursday. FC Goa were in danger of exiting the league early this season but coach Zico masterminded his first win over a team coached by Antonio Habas as Brazilian striker Rafael Coelho scored the all-important goal from a free-kick in the 32nd minute at Balewadi Sports Complex Stadium here. The win helped FC Goa move to the seventh spot with seven points from eight matches while FC Pune City are now at the bottom with six points from seven matches.
More than 8.5 million troops perished in World War I, which ended 100 years ago this Sunday. Fighting ended with an armistice signed on November 11, 1918. As the world pays tribute to the fallen, here are rare and unseen photographs that show the daily life of soldiers in the trenches, destruction of towns and military leaders during the World War I as the world marks the centenary year of the mega war, which began in 1914. The photos are from a collection of hundreds of glass plates taken by an unknown photographer left behind by a viscount (nobleman) in the French army.
Producing an inspirational performance, FC Goa demolished Delhi Dynamos 3-0 in the second leg semi-final to breeze into the summit clash of the Indian Super League (ISL), at Margao on Tuesday night. En route their entry into the final, FC Goa recorded a better goal aggregate of 3-1 after the two semi-final legs.
Young Indian player Sahil Tavora struck twice, including a last-gasped stunner, as FC Goa beat champions Chennaiyin FC 5-4 in Indian Super League's highest scoring nail-biting match in Margao, on Thursday.
Fast running out of time, a struggling Rajasthan Royals will hope to complete the double against Mumbai Indians in a return-leg IPL fixture and revive their campaign in Jaipur Saturday.
A last-gasp goal by substitute Momar Ndoye helped FC Pune City beat FC Goa 2-1 and secure their first win in the Indian Super League football at Jawaharlal Nehru Stadium in Margao on Saturday.
FC Goa started their Indian Super League (ISL) football campaign on a convincing note after dispatching Delhi Dynamos 2-0 at the Nehru Stadium, Fatorda, in Goa, on Sunday.
Stiven Mendoza was the star of the night as Chennaiyin FC beat FC Goa 3-2 in a dramatic final to clinch the 2nd edition of the Indian Super League at the Fatorda Stadium in Margao on Sunday.