Best of BS Opinion: Byju's spectacular meltdown, Putin already lost & more

Here is the best of Business Standard's opinion pieces for today

The crisis at Byju’s is not an unusual development for the tech sector, where failure and fraud are endemic. The bigger issue is the social implications of Byju’s failure. India has an under-educated population struggling for access to better education.  Byju’s positioned itself as the solution to a huge, unmet need. So the collapse of Byju’s valuation and the impact on edtech funding pulls down the ‘valuation’ of the demographic dividend, Devangshu Datta argues. Read it here

In other views:

R Gopalakrishnan explains why behavioural aberrations beyond the boundaries of business sanity and neeyat must engage the attention of boards. Read it here

Atanu Biswas assesses the efficacy and entertainment value of ‘bazball’ in Test cricket. Read it here

Rajan Menon explains why Vladimir Putin’s Ukraine strategy will be a lose-lose proposition for him in the long run. Read it here

QUOTE OF THE DAY

 

‘What’s happened today with Russia essentially is that a lot of doors have been shut to Russia and the West'

 

Foreign minister S Jaishankar