Finance review
BlackRock slashes Byju’s valuation to $1 billion amid ongoing challenges
12 Jan 2024
In a recent disclosure by US-based asset manager BlackRock, the valuation of its stake in ed-tech giant Byju’s has been further reduced to approximately $1 billion, marking a significant 95% decrease from its peak valuation of $22 billion in 2022
Falling investments could retard growth further, warns RBI governor
20 Nov 2015
Weak capital formation caused by a drop in investment has been a key factor behind India's struggle to realise its growth potential, says RBI governor Raghuram Rajan