Reputational Damage - Newz Villa

Byju’s Blames ‘Unexpected Technical Glitch’ for Delay in November Salaries

6 mins read

Business

Byju’s Blames ‘Unexpected Technical Glitch’ for Delay in November Salaries

02/12/2023 dheeraj0Tagged Byju's, Crisis management, Employee anxiety, Financial hardship, Leadership communication, reputational damage, Salary delay, Technical glitch

Byju’s Blames ‘Unexpected Technical Glitch’ for Delay in November Salaries In an unexpected turn of events, Edtech giant Byju’s has been forced to delay the payment of November salaries to over 1,000 of its employees due to an “unexpected technical glitch.” The company has assured its employees that the issue is being resolved on a […]

Deloitte flags red flags in Adani Ports, may resign as auditor

6 mins read

Business

Deloitte flags red flags in Adani Ports, may resign as auditor

12/08/2023 dheeraj0Tagged accounting standards, adani group, adani ports, Adani Ports and Special Economic Zone, APSEZ, auditor, Corporate governance, deloitte, financial markets, gautam adani, independent inquiry, indian government, investors, Mundra port, potential fines, regulatory oversight, related party transactions, reputational damage, share price decline, shareholder concerns

Deloitte flags red flags in Adani Ports, may resign as auditor Deloitte, one of the world’s largest accounting firms, has raised concerns about certain transactions at Adani Ports and Special Economic Zone (APSEZ). The concerns relate to related party transactions, which are transactions between a company and its subsidiaries, affiliates, or other entities that are […]