Page 2 of Byjus

NCLT, Aakash, edtech, AESL, Think & Learn, Byjus, Industry

NCLT orders status quo on Aakash shareholding

NCLT orders status quo on Aakash Education Services shareholding until April 30, halting its bid to amend the Articles of…

March 28, 2025 06:14 IST

Aakash, online teaching, education, career, Aakash Learning Centres, Aakash Educational Services, AESL

Aakash expands into online teaching space

Aakash launches Aakash Digital, online platform with AI tools, targeting tier-3 cities. Aims for 20-24% digital revenue in 3 years.…

Updated: March 19, 2025 21:40 IST

Fresh allegations of collusion and financial misconduct shake Byju’s insolvency proceedings.

Byju’s vs EY: Whistleblower claims, allegations of collusion, and a billion-dollar insolvency battle—Explained

Byju’s insolvency case takes a new turn as founder Byju Raveendran accuses EY of collusion with lenders. A whistleblower alleges…

Updated: March 1, 2025 16:44 IST

US court rules against Byju's in $533 million fraud case. (Image Source: Financial Express)

US court rules against Byju’ in $533 million fraud case

A US bankruptcy court ruled against Byju’s Alpha, Inc. and affiliates in a case involving the fraudulent transfer of $533…

February 28, 2025 22:42 IST

Byju Raveendran breaks silence, alleges collusion between Glas Trust, EY India, and IRP. (Image Source: Reuters)

Byju Raveendran breaks silence alleges collusion between Glas Trust, EY India & IRP

Byju Raveendran addressed Byju’s financial crisis and legal battles, accusing Glas Trust and the interim resolution professional of harming the…

February 28, 2025 21:50 IST

No interim relief for Byju’s as NCLAT rules Rs 158 crore settlement with BCCI to fall under CoC review

The lenders, including Glas Trust (US-based) and Aditya Birla Finance, strongly opposed the plea, calling the settlement amount “tainted money”.

February 20, 2025 10:56 IST

Byju’s troubles grow: Raveendran takes battle against lenders, over debt and BCCI deal, to court

Byju’s founder Byju Raveendran is battling lenders in court over control of the company, while a Rs 158 crore dispute…

Updated: February 6, 2025 11:17 IST

byjus, byju, byju crisis, nclt, resolution professional, ibbi, byjus insolvency

NCLT orders disciplinary action against Byju’s Resolution Professional, reinstates key creditors to CoC

The tribunal has directed the Insolvency and Bankruptcy Board of India to investigate the resolution professional’s conduct, noting actions intended…

January 30, 2025 01:00 IST

byjus, education, employee, BCCI, employee claims, Aditya Birla Finance industry, edtech,

Byju’s employee claim hits Rs 177.5 crore

Employees who don’t find their names in the current list have been advised to send a reminder email to the…

January 11, 2025 01:45 IST

Byju’s, edtech, education, career, entrepreneurs, investor, edtech sector

Newsmakers of 2024: Byju Raveendran, co-founder & CEO, Byju’s

For startups, Byju’s serves as a cautionary tale emphasising the importance of sustainable growth, transparency, and delivering genuine value.

December 28, 2024 05:45 IST

Byjus, Byjus news, Byjus latest news, NCLT, BCCI, Raveendran Byju, Edtech

Googly from BCCI: Breather for Byju’s?

BCCI’s contention is the non-payment of Rs 158 crore by Byju’s towards the branding of jerseys of the Indian cricket…

November 24, 2024 21:55 IST

Byju, GST, Glas Trust Company LLC, BCCI, Insolvency and Bankruptcy Code, IBC, CIRP, education

Byju’s US arms face Rs 250-crore GST notice

A three-judge bench had held that there was “grave deviation from procedure” in bringing the case to the NCLAT itself…

November 15, 2024 21:50 IST

Byjus, BCCI, Investor, Glas Trust Co LLC, NCLT, Market

Byju’s worth is zero today as investors threw it under the bus: Raveendran

The National Company Law Tribunal (NCLT) on June 16 ordered initiation of insolvency proceedings against Byju’s, on a BCCI petition…

October 18, 2024 05:15 IST

The approval of the EGM proposals paves the way for Think & Learn Private Limited, the parent company of BYJU'S, to issue fresh shares.

Byju: Battling against odds of 1 in a million on why he does not owe USD 1.2 billion

Byju’s argued that speeding up the loan repayment and taking legal action were invalid because it hadn’t defaulted on the…

September 22, 2024 12:31 IST

Byju’s ‘borrows’ funds to pay salaries in part

In an email sent to teachers, reviewed by FE, Raveendran acknowledged the long-standing delays in salary payments and issued an apology…

September 22, 2024 05:45 IST

Aakash lays off 100 employees; company says introducing new business models

Several long-time employees, some with over four years of service, were also laid off in the past few weeks, according…

September 19, 2024 02:30 IST

Byju’s employee claims surpass Rs 300 cr mark

This figure is more than three times the Rs 100 crore amount that Byju’s had previously acknowledged as outstanding employee…

September 7, 2024 00:45 IST

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