Tag: byju raveendran
aakash institute: Byju’s-owned Aakash Institute reports 82% rise in FY22 profit to Rs 79.5 crore
In its first full year of operations as a Byju’s-owned company, test-prep business Aakash Institute reported an 82% rise in total profit to Rs 79.5…
byjus: Byju’s general counsel Roshan Thomas resigns from crisis-hit edtech
Byju’s general counsel Roshan Thomas has resigned from the company adding to the spate of senior-level exits at the trouble edtech firm over the past…
byju raveendran: Byju’s founder Byju Raveendran pledges homes to raise funds for staff salaries
Byju Raveendran, the eponymous founder of Indian edtech titan Byju’s, has pledged his home as well as those owned by his family members to raise…
byjus news: BCCI initiates insolvency plea against Byju’s over unpaid dues
The Board of Control for Cricket in India (BCCI) has filed a corporate insolvency plea against Byju’s for allegedly defaulting on the payment of Rs…
Byju Raveendran: ED issues show cause notice of Rs 9,362 crore to Byju’s for forex violation
The Enforcement Directorate, late Tuesday, confirmed it has issued show cause notices to Byju’s parent Think & Learn and its founder and chief executive Byju…
Byju’s: Byju’s tells shareholders it is fully compliant with FEMA rules
Byju’s founder and chief executive Byju Raveendran has written a note to shareholders of the company informing them that the firm is fully compliant with…
byju s: Byju’s to hold board meeting to approve delayed FY22 financials
Edtech major Byju’s issued a statement on Saturday saying it will call for a meeting to present its audited FY22 financials to the board and…
byjus: Byju’s restructures businesses; consolidates verticals into two
Troubled edtech major Byju’s on Tuesday announced that it has undertaken restructuring of businesses and verticals, including consolidation of four verticals into two — K-10…
Byju’s: Byju’s interest cost on term loan may jump by $50-60 million a year under new terms
Edtech firm Byju’s may have to pay an additional $50-60 million annually in interest on its $1.2 billion term-loan facility as part of new terms…
Byju Raveendran: Byju’s, Davidson Kempner in talks to settle dispute
Byju’s and New York-based investor Davidson Kempner Capital have begun negotiations to settle their dispute over the breach of a loan covenant linked to the…