Byju's Pays Partial March Salary Dues Ahead Of NCLT Hearing: Report
The global ed-tech company will have to face a hearing at the National Company Law Tribunal (NCLT) on Tuesday.
Apr 22, 2024, 16:26 PM IST
Byju's CEO Arjun Mohan Quits, Edtech To Consolidate Biz In 3 Units
Byju has now decided to consolidate its business into three “focused” divisions -- The Learning App, Online Classes and Tuition Centres, and Test-prep.
Apr 15, 2024, 13:13 PM IST
Byju's Starts Paying March Salary To Employees; Blames Miffed Investors' Action For Delay
The company raised USD 200 million through rights issue to meet its operational requirements, including expenses related to employees' salaries.
Apr 09, 2024, 18:29 PM IST
Byju’s-Owned Aakash Institute Appoints Deepak Mehrotra As New MD & CEO
Aakash Institute, Mehrotra held the position of Managing Director at Ashirvad Pipes before joining Aakash Institute.
Apr 08, 2024, 19:35 PM IST
Byju's Delays March Salaries; Blames Few Foreign Investors
As you know, the founders have put everything back into the company, and regardless of the court verdict, we are following a parallel line of credit to ensure that you receive your salary by 8th of April," the management said.
Apr 02, 2024, 15:10 PM IST
Byju's Says 262 Tuition Centres Operational, A Few To Undergo 'Strategic Restructuring'
The company is giving up office spaces as the leases expired, keeping only its Bengaluru-based headquarters.
Mar 22, 2024, 16:19 PM IST
US Court Orders Byju's To Freeze $533 Million Owed To Lenders
The court also found that Raveendran and Gokulnath "are working in concert with the defendants and ordered them to comply with its ruling".
Mar 15, 2024, 13:45 PM IST
Investors To Go Ahead With Friday Meet To Oust Byju’s CEO Amid Court Order
The edtech major had filed the petition under Section 9 of The Arbitration and Conciliation Act, 1996.
Feb 22, 2024, 16:49 PM IST
Byju's Seeks To Raise $100 Million With 90% Valuation Cut: Report
The company's core loss expanded by over 61% in fiscal year 2022.
Jan 23, 2024, 21:01 PM 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
Byju's To Cut 4,000-5,000 Jobs In Business Restructuring Exercise
“Byju's new India CEO, Arjun Mohan, will be completing this process in the next few weeks and will steer a revamped and sustainable operation ahead,” the spokesperson added.
Sep 27, 2023, 08:42 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 "“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
India's Byju's Seeks To Raise $1 Billion To Stave Off Investor Revolt - Bloomberg News
Byju seeks to close a round within two weeks, according to the report.
Jun 27, 2023, 15:41 PM IST
Byju's Staff Say Morale Waning Amid Turmoil At Indian Edtech Firm
Byju's has already let go of several thousand employees this year due to slowing demand and it is locked in a legal battle with its lenders and faces regulatory scrutiny.
Jun 25, 2023, 11:23 AM IST
Explainer: Top Indian Startup Byju's Battles Auditor Criticism, Board Exits
Deloitte said in a letter to Byju's board it was resigning because the company had delayed financial statements for the year ending March 31, 2022.
Jun 23, 2023, 16:57 PM IST
India's Byju's In Talks With Investors Who Quit Board To Reconsider - Sources
Byju's and the three investors did not immediately respond to requests for comment on Friday.
Jun 23, 2023, 16:46 PM IST
Byju's Founder Raveendran Writes To Employees On ED Searches
Byju Raveendran said, "I want to assure that we remain steadfast in our commitment to our students and vision".
Apr 30, 2023, 17:13 PM IST
Actor Shah Rukh Khan Fined For Promoting BYJU's Over False Coaching Promise
The commission said the local manager of Byju and actor Khan must pay the amount "jointly and severally" to Dixit.
Apr 29, 2023, 17:56 PM IST
ED Raids BYJU's; Claims It Remitted Rs 9754 Cr To Foreign Jurisdictions (Ld)
Further investigation into the matter is on. Continue reading to find out why ED has conducted search and seizure operations at Byju's premises.
Apr 29, 2023, 14:41 PM IST
BYJU's, Aakash Deny Merger Talks With Rival Unacademy
An Aakash spokesperson said that they have had "absolutely no discussions with Unacademy or any other player to merge with Aakash Educational Services.
Mar 24, 2023, 11:52 AM IST
