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The Latest Breaking News from Byju Raveendran

Byju Raveendran held guilty of contempt by US court, civil sanctions imposed

Byju Raveendran, the co-founder of ed-tech giant BYJU’s, was held guilty of contempt by the Delaware Bankruptcy Court in the US on Monday, July 7. The court also imposed civil sanctions worth USD 10,000 per day on him beginning July 1. Byju had maintained that the Delaware court does not…

Newslaundry

Canadian Mom Loses Over $15K After Trying To Buy 28 Taylor Swift Tickets—What Went Wrong?

A Canadian family lost $15,600 on fake Taylor Swift tickets. A larger scam involving 400+ victims and $300,000 in losses has emerged.

International Business Times UK

Amazon Exec Says 9 Out Of 10 Workers Happy With RTO Policy, Tells Critics To Quit Since 'There Are Other Companies Around'

Amazon's new 5-day in-office policy has sparked widespread backlash from employees. Many argue it's unnecessary and time-consuming.

International Business Times UK

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Who Is Byju Raveendran? 44-Year-Old CEO of India's Byju Is Voted 'Worst CEO' By Reddit Community, Here's Why

Byju Raveendran, once India's most valued startup founder, was voted the worst by a Reddit community.

International Business Times UK

Morning digest | Delhi approaches Moscow for early discharge of Indian ‘army helpers’; SC questions T.N. govt.’s intervention in ED’s sand mining case, and more

From the Supreme Court questioning T.N. govt. in ED’s sand mining case to INDIA bloc alliance talks, here is a select list of stories to start the day on Feb 24, 2024

The Hindu

Majority of Byju's shareholders vote for removing CEO, family members; company calls vote invalid

Byju's shareholders vote to remove founder CEO over mismanagement, sparking legal battle and corporate turmoil.

The Hindu

ED issues fresh look-out notice against Byju Raveendran

ED has renewed the look-out notice for education portal Byju’s founder Byju Raveendran with respect to alleged FEMA violation involving ₹9,362 crore.

The Hindu

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ED issues look out notice against Byju Raveendran

The Directorate of Enforcement (ED) has asked the Bureau of Immigration to issue a look out notice against Byju Raveendran, the founder of the in-crisis edtech company Bjyu's. Read further on Dynamite News:

Dynamite News

Byju's US Unit Files Bankruptcy in Delaware, Raises Concerns

Byju's US unit, the Indian edtech giant, has filed for bankruptcy in Delaware, signaling financial challenges for the company in the American market.

Top News

NL Interview: Pradip Saha on how Byju’s lost students, investor’s confidence, ‘abused’ staff

Byju’s, which led India’s edtech wave, has been on a downward spiral. Its losses more than doubled to Rs 8,245 crore in FY 2022. The valuation slumped from $22 billion to $1 billion between March 2022 and January 2024. Its employee strength plunged from a peak of over 58,000 to…

Newslaundry

Indian Tech Startups Head For The Markets In 2024, After Dodging Funding Winter

India's startup ecosystem is a vibrant and exciting space, bursting with potential and brimming with success stories.

International Business Times

Byju’s makes a surprise $1.2 billion repayment proposal to lenders

BENGALURU: Indian edtech titan Byju’s has made a surprise repayment proposal to lenders, in which the firm has offered to pay back its entire $1.2 billion term loan in less than six months, according to people familiar with the situation.

The Times of India

Byju’s seeks to calm investors as crisis escalates

The billionaire founder of Byju’s, the Indian education-technology firm that lost its auditor and three board members in one week, has in recent days reached out directly to investors to assure them the startup will finally release long-delayed financials and strengthen accounting processes.

The Times of India

Byju's founder Raveendran writes to employees on ED searches

Byju's Founder Byju Raveendran on Sunday informed his employees through email on Sunday that he was fully cooperating with the authorities after the directorate of enforcement conducted searches on Byju's premises. Read further on Dynamite News:

Dynamite News

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The Hindu

State teams pitch tent at Davos for World Economic Forum

Ministers from southern States attend WEF

The Hindu

India, UAE trade pact may come into force from May 1: Goyal

Key areas of India's interest are computer related services, audio visual, education, health, tourism, travel, professionals services like nursing, engineering, and accountancy.

The Times of India

BYJU'S named official sponsor of FIFA World Cup Qatar 2022

NEW DELHI: EdTech company BYJU'S has been announced as an official sponsor of the FIFA World Cup Qatar 2022.

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