NEW DELHI: Byju’s has deferred clearing the final dues of a batch of its laid off employees to November. “We regret and acknowledge the delays in settling dues of former employees. As we work through a difficult business restructuring, we are committed to meeting all our obligations as soon as possible,” the company said in a statement. In June this year, the troubled edtech firm had laid off some 500-1,000 employees in a bid to check costs, its second significant cost cutting exercise since October last year. The...
VIJAYAWADA: Setting eyes on increasing the market footprint, Indian Oil Corporation Limited (IOCL) has decided to construct its own building block to handle...