Bombay High Court Orders BCCI to Pay ₹538 crores to Kochi Tuskers
The Bombay High Court has asked the BCCI to pay INR 385.50 crore to Kochi Cricket Private Limited (KCPL) and INR 153.34 crore to Rendezvous Sports World (RSW) at the time of termination of the Kochi Tuskers Kerala IPL franchise in 2011. The Kochi franchise is owned by KCPL, and RSW has played one season…
Himanshu
Byju’s Stops PF Credit And Reduces Notice Period
Once valued at a whopping $22 billion, Byju’s has hit the ground. Previously, the founder of Byju’s had put his own house on mortgage to pay his employees’ salaries. Now, the top brass at Byju’s has reduced the mandated notice period for employees. Previously 30 to 60 days, the mandatory notice period has been reduced…
Vipin