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Byju's
Byju's saga: Vendors' claims before NCLT touch Rs 190 crore
The mounting claims for the beleaguered company come at a time when it has not been able to access $200 million funds raised through rights issues due to disputes with investors.
03 May 2024, 16:16 IST
Byju's saga: Vendors' claims before NCLT touch Rs 190 crore
03 May 2024, 16:16 IST
Majority of shareholders approve Byju's EGM proposal to increase authorised share capital
The approval of the EGM proposals paves the way for Think and Learn Private Limited, the parent company of Byju's, to issue fresh shares and conclude the rights issue aimed at tackling the liquidity crunch, including unpaid salaries, regulatory dues and vendor payments.
15 April 2024, 10:17 IST
Majority of shareholders approve Byju's EGM proposal to increase authorised share capital
15 April 2024, 10:17 IST
BYJU'S streamlines business with founder Raveendran in a "hands-on" role
BYJU'S, once one of India's hottest startups, has suffered numerous setbacks in the past few years, leading to a crisis of investor confidence,
15 April 2024, 09:33 IST
BYJU'S streamlines business with founder Raveendran in a "hands-on" role
15 April 2024, 09:33 IST
Ahead of US hearing, BYJU'S says it is beneficial owner of $553 million fund parked in US
On Saturday, Byju's stated that it had no money to pay salaries to employees after just-raised funds through the rights issue were locked (in a separate account) after a dispute with investors.
03 March 2024, 16:50 IST
Ahead of US hearing, BYJU'S says it is beneficial owner of $553 million fund parked in US
03 March 2024, 16:50 IST
Raveendran reveals why BYJU'S unable to pay salaries
In a letter to staff, company's founder Raveendran said the rights issue, launched a month ago, has been successfully closed.
02 March 2024, 11:30 IST
Raveendran reveals why BYJU'S unable to pay salaries
02 March 2024, 11:30 IST
Government expedites inspection of crisis-hit BYJU'S
The ministry, which is implementing the companies law, will decide the further course of action after receiving the report from its regional office.
26 February 2024, 08:56 IST
Government expedites inspection of crisis-hit BYJU'S
26 February 2024, 08:56 IST
'Byju's founder Raveendran unfit to run firm': Investors file suit in NCLT seeking his ouster
23 February 2024, 11:29 IST
'Byju's founder Raveendran unfit to run firm': Investors file suit in NCLT seeking his ouster
23 February 2024, 11:29 IST
Raveendran skips BYJU'S EGM; investors file suit in NCLT seeking founder's ouster
Sources with direct knowledge of the matter said the EGM was to start at 0930 hours on Friday morning but was delayed for almost an hour as some 200 people, some of them are Byju's employees, sought to join the virtual meet.
23 February 2024, 07:42 IST
Raveendran skips BYJU'S EGM; investors file suit in NCLT seeking founder's ouster
23 February 2024, 07:42 IST
ED lookout notice for Byju’s founder, investors firm on ouster meet
Byju’s had claimed that any resolutions proposed during the “illegal” meeting will be deemed invalid till the final hearing and disposition, according to the court order.
22 February 2024, 05:47 IST
ED lookout notice for Byju’s founder, investors firm on ouster meet
22 February 2024, 05:47 IST
Karnataka HC refuses to stay Byju's EGM on Feb 23
Byju's had approached the Karnataka High Court seeking a stay on the EGM but the court only gave an interim relief that any resolution passed at the EGM on Friday cannot be implemented before the next court hearing.
21 February 2024, 17:24 IST
Karnataka HC refuses to stay Byju's EGM on Feb 23
21 February 2024, 17:24 IST
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