NCLAT Dismisses Byju’s RP Plea Over Status Quo On Aakash Shareholding
On March 27, the NCLT had directed all parties to maintain the status quo regarding Aakash’s shareholding until the next hearing.
Jun 08, 2025, 18:19 PM IST
NCLAT Dismisses Byju's Settlement Plea, Upholds Insolvency
They had challenged the order passed by the Bengaluru bench of the National Company Law Tribunal (NCLT), which had on February 10, 2025 directed to place their settlement offer before the new Committee of Creditors (CoC), in which US-based Glas Trust, the trustee for lenders to which Byju's owes $1.2 billion, is a member.
Apr 18, 2025, 16:19 PM IST
BYJU's-EY Case Latest Update: Whistleblower Alleges EY Manipulated BYJU's CIRP Process
The whistleblower also pointed out that a valid settlement was intentionally sabotaged to ensure BYJU’s remained in insolvency.
Mar 12, 2025, 21:11 PM IST
SC Sets Aside NCLAT Order Halting Insolvency Proceedings Against Ed-Tech Firm Byju's
A bench of Chief Justice D Y Chandrachud, and Justices J B Pardiwala and Manoj Misra also reversed the order of the NCLAT approving Byju's Rs 158.9 crore dues settlement with the Board of Control for Cricket in India (BCCI) and directed the cricket board to deposit the settlement amount of Rs 158.9 crore with a committee of creditors.
Oct 23, 2024, 14:47 PM IST
Byju's Auditor BDO Resigns Following Bankruptcy Proceedings, Company Reports
The Edtech firm is currently facing multiple challenges, including insolvency proceedings and a 1 billion dollar claim from US-based Glas Trust.
Sep 07, 2024, 17:13 PM IST
Byju's Ex-Director Riju Ravindran Fined $10,000 Daily Until $533M Missing Funds Found
Lenders have demanded the return of 533 million dollars after Byju’s defaulted on its obligations.
Aug 01, 2024, 15:16 PM IST
Byju's Settles Dues With BCCI; Riju Raveendran To Pay Rs 158 Cr In Outstanding Amount
The BCCI on Tuesday told the NCLAT that it is starting settlement discussions with Byju Raveendran to resolve its dispute with Think and Learn Private Limited.
Jul 31, 2024, 17:14 PM IST
NCLT Refuses To Defer Byju's EGM To Raise Capital Via Rights Issue
Last month, the NCLT directed Byju's to keep funds received from the rights issue in an escrow account till the disposal of the case.
Mar 28, 2024, 15:33 PM IST
Byju's Gives Indefinite Work From Home To Employees, Gives Up All Office Spaces Across Country
Byju's has given up office spaces as the leases expired, keeping only its Bengaluru-based headquarters at IBC, Knowledge Park, people close to the development told news agency IANS on Monday.
Mar 11, 2024, 15:46 PM IST
DNA Exclusive: Analysis Of Factors Behind BYJU's Downfall
Tonight's edition of DNA dives into the factors contributing to BYJU's downfall, it underscores the need for accountability and transparency in corporate governance.
Feb 23, 2024, 00:03 AM IST
DNA: ED issues look out notice against Byju's founder Raveendran
ED has asked Bureau of Immigration i.e. BOI to issue a look out notice against Byju Raveendran, founder and CEO of Edtech firm Byju's.
Feb 22, 2024, 23:18 PM IST
Byju's Saga: January Salary Delayed, US Unit Files For Bankruptcy
The company had earlier listed February 1 for the January salary pay-out for its employees, which has now been delayed and there is no communication, according to sources.
Feb 02, 2024, 14:16 PM IST
Byju Raveendran Pledges Family Homes To Raise Funds For Salaries Of 15,000 Employees: Report
A Bloomberg report has said that Byju Raveendran has taken the personal loan of about Rs 100 crore against his home to pay the salary.
Dec 05, 2023, 09:36 AM IST
Byju’s Denies Receiving Any Notice From ED Over Violation Of FEMA Worth Rs 9,000 Cr
In a statement to IANS, the company “unequivocally denied” media reports that it was going to receive any ED notice. “The company has not received any such communication from the Enforcement Directorate,” a company spokesperson said.
Nov 21, 2023, 18:19 PM IST
Govt Exams-Focused EdTech Adda247 Cuts Around 250-300 Jobs Across Verticals: Report
Founded by Anil Nagar and Saurabh Bansal in 2016, Adda247 caters to the learning needs of millions of students from tier 2 and 3 cities. Meanwhile, edtech major Byju's has announced to lay off 4,000-5,000 employees in a “business restructuring exercise”.
Oct 15, 2023, 08:49 AM IST
Byju's Misses Deadline To File FY22 Financials, Will Now Be Released In October
In a statement, the company said it will convene a board meeting in the second week of October "for approval and adoption of accounts for FY22".
Oct 01, 2023, 09:50 AM IST
Indian EdTech Byju's To Slash 5,000 Jobs Amid Business Restructuring: Report
The job cuts are being implemented only at Byju's parent, Think & Learn (THIK.NS), and are not linked to any of its subsidiaries, the report said, adding that a significant number of roles to be made redundant would constitute senior positions at the firm.
Sep 27, 2023, 12:59 PM IST
Byju's Chief Business Officer Prathyusha Agarwal & Two Senior Execs Exit Amid Challenging Times For Ed-Tech Firm
Agarwal had joined Byju's in February 2022 from Zee Entertainment Enterprises (ZEE.NS). Two other business heads - Himanshu Bajaj and Mukut Deepak - have also left, the company, once India's most valuable startup, said.
Aug 29, 2023, 13:09 PM IST
Where Do I Go? How Will I Eat? Byju's Employee's Heart-wrenching Plea on Unpaid Dues and Forced Resignation --Watch Video
Akansha said she was devastated when she was abruptly informed that she must resign by July 28 or face the consequences of not receiving her salary on August 1.
Jul 28, 2023, 10:46 AM IST![“Things Are Not As Bad As You...," Byju's CEO Assures Employees Of Strong Comeback Amid Crisis](https://english.cdn.zeenews.com/sites/default/files/styles/zm_700x400/public/2023/06/29/1230720-untitled-design-2023-06-29t180950.359.jpg?itok=YzXxYMOc "“Things Are Not As Bad As You...," Byju's CEO Assures Employees Of Strong Comeback Amid Crisis")
“Things Are Not As Bad As You...," Byju's CEO Assures Employees Of Strong Comeback Amid Crisis
According to a remark from Byju Raveendran in the Economic Times, "things are not as bad as you think - as you read in the media, for sure." He added that the startup is now more effective than it was six months ago.
Jun 29, 2023, 18:10 PM IST