Tag: cash crunch
Byju’s founder takes loan to pay pending salaries of employees
The cash crunch at Byju’s, the Indian edtech startup seems to be continuing. Latest media reports say that Byju Raveendran, founder of the firm,...
Dunzo, facing a cash crunch, has delayed salary payments
Dunzo, the quick-commerce player, is facing a severe cash crunch and has been struggling to meet its salary obligations. The company recently informed senior...
‘Low funds? Disburse them equally across cadres’: Delhi HC to MCDs
The Delhi High Court has asked the municipal corporations to devise a policy, wherein its funds may be used to disburse salaries across all...
Real estate sector expected to witness heavy job loss
Over half a million direct jobs are expected to be lost in the real estate space in the near future, according to the National...
Senior Jet Airways employees to receive 25 per cent of Sept...
Jet Airways, which is facing the worst financial crisis ever, will pay 25 per cent of the September salary to its senior managers, pilots...
Jet Airways offers flight attendants ‘leave without pay’ instead of salary
Following delays in salary disbursement, now the flight attendants of Jet Airways have been given the option of taking 'leave without pay' for up...