Searched for
AAKASH SHARES DISPUTE
NCLT posts Byjus-Aakash hearing for July 16 as parties seek time for settlementAakash Educational Services and Think & Learn's resolution professional requested a delay in NCLT proceedings, citing advanced settlement t...- Byju’s-Aakash settlement talks enter final stretch ahead of NCLT hearingSettlement talks are underway between Manipal Education and Medical Group and GLAS Trust, representing Byju's US lenders, to resolve the Aa...
- Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.
- Byju Raveendran's lawyer says Singapore High Court has stayed jail sentence against founderSingapore High Court has stayed committal and surrender provisions of its contempt order against Byju Raveendran, halting his six-month jai...
- Byju Raveendran says settlement near after Singapore court contempt orderByju's founder Byju Raveendran announced a settlement in principle with lenders like GLAS Trust and Qatar Investment Authority, following a...
- 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...
- SC allows Aakash Educational Services to go ahead with rights issueThe Supreme Court has allowed Aakash Educational Services to proceed with its rights issue. This fundraising move was challenged by Byju's ...
- BYJU's parent Think & Learn challenges Aakash rights issue in Supreme CourtThink & Learn, the parent company of BYJU's, has approached the Supreme Court. They seek to stop Aakash Educational Services from moving fo...
- Byju’s crisis timeline: From edtech giant to fighting legal battlesByju’s, the once celebrated edtech giant, has found itself embroiled in a prolonged legal and financial crisis. Delayed audits, funding sho...
- 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...
- Nayanthara and Dhanush attend a wedding amid ongoing feud. This is what happened nextThe simmering tension between Kollywood icons Nayanthara and Dhanush shows no signs of easing. The two prominent stars, currently embroiled...
- Ranjan Pai initiates arbitration against Byju's for not repaying loans worth $42 millionIn the latest dispute, MEMG Family Office, led by Ranjan Pai, in March initiated arbitration proceedings against Byju for allegedly not rep...
- For more capital, Byju’s must pass a tough testThese investors have asked the company to file its audited financials for the year ended March 31, 2023, at the earliest. In addition, they...
- 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...
- Ranjan Pai rides to Byju’s rescue; Ten IT firms to secure PLI nod soonManipal Group boss Ranjan Pai has pumped Rs 1,400 crore into Bjyu’s subsidiary Aakash Institute, enabling the embattled edtech major to cle...
- Ranjan Pai closes in on $300 million Aakash deal; tech firms face Israel crisisIn what could be a shot in the arm for Byju’s, Manipal Education and Medical Group chairman Ranjan Pai may invest as much as $250-300 milli...
- Byju's to hold board meeting to approve delayed FY22 financialsByju's is at least 12 months behind the statutory due date to file its FY22 financial results with the Registrar of Companies. The delay ha...
- Byju’s new India CEO Arjun Mohan to cut more than 4,500 jobsArjun Mohan, the new CEO of Byju's India, plans to implement several changes at the edtech firm, including cutting about 4,000-4,500 jobs t...
- Byju's interest cost on term loan may jump by $50-60 million a year under new termsEdtech firm Byju's may have to pay an additional $50-60 million annually in interest on its $1.2 billion term-loan facility as part of new ...
- Byju’s, Davidson Kempner begin talks to settle dispute; behind Antfin’s Paytm share transfer to Vijay Shekhar SharmaBeleaguered edtech firm Byju's and New York-based investor Davidson Kempner Capital have initiated talks to resolve their disagreement conc...
Load More
