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AAKASH CASE
From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...- Sharing a credit card? How add-on cards work, who pays & what to watch out forAn add-on credit card is issued against an existing primary credit card account. The primary cardholder remains the account owner and the s...
- IPL 2026: Shubman Gill’s captaincy left a bit to be desired, says Aakash ChopraPunjab Kings began their IPL 2026 campaign with a win against Gujarat Titans. Cooper Connolly guided Punjab to victory. This marks Punjab's...
- Silver lining to market crash? Analysts say Nifty now at fair valuations after 9% March selloff; what lies aheadMiddle East conflict sent oil prices soaring, impacting Indian markets. While valuations have cooled to fair levels, analysts caution again...
- NCLAT rejects Byju's lenders' plea to halt Aakash EGM on rights issueThe National Company Law Appellate Tribunal has rejected a plea from Glas Trust, Byju's largest lender, to stop Aakash Educational Services...
- Edtech Byju’s parent, US lenders move NCLAT to halt Aakash Educational Services EGMThis comes after the Bengaluru bench of the National Company Law Tribunal (NCLT) dismissed Think and Learn’s plea for an interim stay on th...
- NCLT declines relief to Byjus, refuses to stay Aakash EGM on rights issueIn his argument, counsel for Byju’s parent Think and Learn said the proposed rights issue would slash its stake in Aakash Educational Servi...
- Aakash Educational Services sends another legal notice to EYAakash, in which Think & Learn holds a minority stake, accused EY of conflict of interest and professional misconduct. The notice alleged t...
- Glas Trust approaches NCLAT seeking to be heard in Aakash caseGlas Trust, representing Byju’s US lenders, seeks an NCLAT hearing on Aakash Institute’s governance changes. Despite Blackstone withdrawing...
- Blackstone withdraws petition against Aakash Institute on changes in shareholder rightsThe company can now enforce the resolutions passed at the EGM in November last year to amend its articles of association, which would lead ...
- Aakash, Blackstone, Manipal Group oppose Glas Trust’s intervention in minority rights suitThe coaching operator urged the bench to reserve the order but the bench declined to do so.
- NCLT agrees to hear Glas Trust in Aakash minority shareholder rights caseThe NCLT allowed Glas Trust, representing US lenders of Byju’s, to be heard in a case regarding Aakash Institute. The case involves dispute...
- SC stops Aakash Institute's plan to amend articles of associationTwo minority shareholders of Aakash Educational Services - Singapore VII Topco I Pte and BCP Asia Athena ESC (Cayman) – had moved the apex ...
- Exclusive: Chaudhry unlikely to return to steer Byju's-owned Aakash InstituteAakash Institute, under Byju's, shifts focus from Aakash Chaudhry's return as CEO. Ranjan Pai emerges as the largest investor, with ongoing...
- Court relief for Byju’s in TLB lenders’ suitThe lenders of Byju’s $1.2 billion term loan had moved the city court last Thursday seeking an ex-parte injunction on the transaction allow...
- Ranjan Pai cuts Rs 1,400 crore cheque for Davidson Kempner debt, books Aakash seatsIn May, Byju’s had signed a Rs 2,000-crore ($240 million) structured credit deal with Davidson Kempner against the cash flows of Aakash Ins...
- Byju’s picks up Rs 300-crore loan from subsidiary AakashLast week, Byju’s closed a financing round of $250 million from existing investors, including Qatar Investment Authority (QIA), which led t...
- Prakash Javadekar-led HRD Ministry gives a new lease of life to UPA-era Aakash tabletJavadekar-led HRD Min has decided to offer upgraded Aakash 2 tablets as reward to student volunteers who helped push the govt’s digitisatio...
- IIT-Bombay to power up Aakash-2 tablets for Indian classroomsHead of Kanwal Rekhi School of Information Technology at IIT-Bombay, Deepak Phatak, is piloting this project with 11,000 teachers and 20,00...
- Spat over Aakash Tablets: Pay up for more supplies, Datawind to IIT RajasthanThe spat b/w IIT Rajasthan and Datawind has worsened, even as the last date of validity of supplying Aakash tablets is just a month away.
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