Ankiti Bose, the former CEO of fashion e-commerce giant Zilingo, has lodged a criminal complaint against co-founder Dhruv Kapoor and ex-COO Aadi Vaidya, accusing them of cheating, criminal intimidation, conspiracy, and harassment. The allegations shed light on internal conflicts within the company and raise concerns about corporate governance.
Read More »“Investors Claim Byju’s Diverted $533mn, Demand Stop to Rights Issue”
Allegations of financial impropriety have surfaced against India's prominent edtech giant, Byju's, as investors claim the company siphoned off a staggering $533 million to an obscure hedge fund in the United States. In response, investors are seeking a stay on Byju's $200 million rights issue, labeling it as illegal and in violation of established laws.
Read More »“Elon Musk’s Alleged Drug Use and Financial Ties Raise Concerns within Tesla and SpaceX Boards”
In a recent report by the Wall Street Journal (WSJ), allegations have surfaced regarding Elon Musk's purported use of "illegal drugs," known to certain serving and former directors of Tesla and SpaceX. Despite concerns among some board members, the report claims that there has been no public action or initiation of an investigation into the matter. This revelation comes a month after the WSJ disclosed Musk's use of several drugs, some of which are banned in the US.
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