Byju's
- Business
NCLT refuses to defer Byju’s EGM to raise capital via rights issue
New Delhi: In a breather for embattled edtech company Byju’s, the National Company Law Tribunal (NCLT) on Thursday refused to stay the extraordinary general meeting (EGM) called by the board of directors…
- Business
Byju’s says 262 tuition centres operational, a few to undergo ‘strategic restructuring’
New Delhi: Embattled edtech company Byju’s on Friday said that its tuition centres have entered the third successful year with 262 offline locations currently operational across the country. Denying reports that 200…
- India
Salaries delayed for Byju’s 20,000 employees, CEO blames investors
New Delhi: Edtech major Byju’s is yet to process the salaries of its employees for the month of February as the amount raised through the rights issue is currently locked in a…
- Technology
Centre expedites inspection of crisis-hit BYJU’S
New Delhi: The corporate affairs ministry has asked its field officers to expedite the inspection of the books of BYJU’S and submit the report, a senior official said on Monday as trouble…
- Technology
Tech glitch delayed some employees’ salaries, to be paid on Monday: Byju’s
New Delhi: Some employees of edtech unicorn Byju’s had their salaries delayed due to a “technical glitch” and they were in the process of being paid on Monday, the company said. The…
- Technology
Byju’s pays remaining employees’ salaries for Nov after ‘technical glitch’ (Lead)
New Delhi: Edtech major Byju’s has paid November salaries of some of its employees after a “technical glitch” hampered the payment of some 1,000 workers. Sources told IANS on Monday that the…
- Business
ED’s FEMA probe against BYJU’s in final stages
New Delhi: An Enforcement Directorate (ED) investigation into alleged foreign exchange law violations by edtech major BYJU’s and its CEO and co-founder Raveendran Bjyu is in the final stages of completion following which…
- Business
Manipal’s Pai acquires Rs 1,400 crore Davidson Kempner debt on BYJU’s
New Delhi: Manipal Education and Medical Group Chairman Ranjan Pai has acquired a Rs 1,400 crore debt raised by edtech major BYJU’s from Davidson Kempner, sources said. The settlement includes a penal…
- India
No FEMA violations found so far after ED searches at BYJU’S
New Delhi: The initial investigation after the recent searches at BYJU’S have so far found no Foreign Exchange Management Act (FEMA) violations by the edtech firm, according to sources. Sources indicated that…
- India
ED raids BYJU’s; claims it remitted Rs 9754 cr to foreign jurisdictions
New Delhi: The Enforcement Directorate (ED) has conducted search and seizure operations at three premises of Raveendaran Byju and his company ‘Think & Learn Private Limited’ in Bengaluru under the provisions of…
- News
Shah Rukh Khan, Byju’s staffer ordered to pay compensation, return fees
Indore: The District Consumer Disputes Redressal Commission in Indore in Madhya Pradesh has issued an order against a staffer of ed-tech firm Byju’s and film superstar Shah Rukh Khan for alleged “fraudulent…
- Jobs
Over 23K techies lose jobs in nearly 82 Indian startups to date
New Delhi: As layoffs continue to deepen amid recession fears, more than 23,000 employees have been laid off by at least 82 startups in India, and the list is only growing, the…
- Business
BYJU’s slashes around 15% roles, mostly in engineering, as phased layoffs on
New Delhi: Edtech major BYJU has laid off a further 15 percent of its employees from its engineering teams, as the company continues phased layoffs to remain growth-oriented in a global economic…
- India
70-plus Indian startups show exit door to 21K techies, more expected
New Delhi: As global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees in the past 3-4 months, with many more to be given pink slips in…