Page 3 of Byjus

Byju assures employees of speedy resolution, says he’s not a fugitive, will raise personal debt if required

Raveendran explained that a temporary stay by the Supreme Court on bankruptcy case has hindered the company’s ability to access…

August 21, 2024 00:05 IST

SC stays NCLAT order on Byju’s-BCCI settlement

The SC on Wednesday prima facie termed the NCLAT verdict as “unconscionable” and stayed its operation while issuing notices to…

Updated: August 15, 2024 08:14 IST

byjus, byju raveendran, byjus case, byjus egm, industry

Solving the Byju’s question: Is there sunrise after sunset?

Byju Raveendran, who is facing his most challenging life test, to his credit is already proving he is learning life…

August 11, 2024 18:42 IST

NCLAT sets aside insolvency plea against Byju’s; approves edtech firm’s settlement with BCCI

The appellate tribunal also dismissed the allegation of round-tripping levelled by Byju’s US-based lenders, saying they failed to provide any…

August 3, 2024 06:00 IST

The creditor alleges that the repayment is tainted and funded with misappropriated money, citing findings from a US court that Byju and Riju conspired to siphon over Rs 500 crore.

Byju’s, cricket board reach settlement

However, the settlement faces opposition from a US-based financial creditor, Glas Trust, represented by senior advocate Mukul Rohatgi.

July 31, 2024 21:14 IST

BCCI hints at settlement talks with Byju’s

When the hearing on the plea filed by Byju’s promoter against insolvency proceedings started at the NCLAT, Solicitor General Tushar…

July 31, 2024 03:50 IST

Byju's Insolvency Case: During the brief hearing, Raveendran's counsel expressed willingness to settle the dues through Riju Raveendran, Byju’s brother and a Think and Learn promoter.

NCLAT Chennai Judge recuses from Byju’s insolvency case citing conflict of interest

BYJU’s NCLAT Case:Justice Sharad Kumar Sharma steps down from hearing Byju Raveendran’s plea, citing previous legal representation for the BCCI.

July 29, 2024 18:22 IST

Raveendran's letter to the shareholders comes ahead of an extraordinary general meeting on Friday.

QIA’s appeal to freeze Raveendran’s assets adjourned to August 26

Byju’s has appealed its admission into CIRP at the National Company Law Appellate Tribunal (NCLAT), with the hearing scheduled for…

July 26, 2024 02:20 IST

Byju’s files fresh plea in Karnataka HC for suspension of insolvency order

The court is expected to continue hearing the case on Friday, while the NCLAT is scheduled to take up the…

July 26, 2024 00:45 IST

The cardinal mistake Byju’s made was hedging its bet on the Covid-19-induced rapid expansion.

Lesson for entrepreneurs: Unbridled ambition and greed can be the foundation of only a house of cards

Byju’s is a classic example of a business led by a maverick and built on a flawed model.

July 22, 2024 05:00 IST

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

Raveendran loses interim control of Byju’s as NCLT initiates insolvency proceedings

The National Company Law Tribunal (NCLT) Bengaluru bench has admitted the Board of Cricket Control in India’s (BCCI) petition for…

Updated: July 17, 2024 10:51 IST

Byju, TDS deposits, Byju's delaying tax deposit, top news, latest news, business news, industry news,

Karnataka HC maintains status quo on Byju’s share allotment pending NCLT decision

The bench further instructed the NCLT to consider the case independently on remand, without being influenced by previous observations.

July 6, 2024 04:15 IST

ICAI disciplinary panel report on Byju’s soon

The disciplinary committee at the Institute of Chartered Accountants of India (ICAI) will shortly come out with its report on…

July 6, 2024 03:15 IST

NCLT asks Byju’s to pay salaries or face audit

Investors challenge Karnataka HC order on second rights issue before division bench.

July 5, 2024 00:05 IST

Byju’s seeks 48 hours to decide on undertaking to not sell or pledge assets

The case, initiated by US-based lenders including Glas Trust, alleges that Byju’s parent company, Think and Learn (TLPL), defaulted on…

July 4, 2024 01:15 IST

byjus, karnataka high court, edtech, edtech startup, education

Karnataka HC sets aside NCLT stay on second rights issue by Byju’s

Matter sent back to the tribunal for further hearing.

July 3, 2024 00:30 IST

Oppo claims Byju’s owes it Rs 13 cr for app pre-installation deal

Sources close to Byju’s had earlier claimed that the amount owed to Oppo is around Rs 1 crore.

June 28, 2024 00:20 IST

Byju’s credits May salaries on time

In a recent townhall, Raveendran outlined commitments to clear outstanding salary dues for February and March between June 15-30, with…

Updated: June 3, 2024 17:09 IST

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