Byju's says BDO resigned after start of bankruptcy proceedings; alleges “unethical requests, manipulative tactics” by auditorByju's defended its inability to provide the documents, saying in a statement that the materials were requested from the firm's board, whic...
08 Sep, 2024, 08.12 AM IST
Byju's auditor BDO resigns a year after Deloitte’s exit: a timeline of eventsTroubled edtech company Byju's said in a statement that its auditing firm, MSKA Associates, an affiliate of BDO International, resigned bec...
07 Sep, 2024, 04.51 PM IST
Professional services companies add record partners as business boomsThe professional services sector in India is experiencing significant growth, with top firms collectively amassing over 3,300 partners. EY ...
15 Jul, 2024, 12.16 AM IST
Byju’s FY22 losses soar to Rs 8,245 crore; cash-strapped edtech explores rights issue at $500 million valuationThe rights issue, where existing investors will be offered the option to buy new shares in Think & Learn, may value the edtech firm at anyw...
24 Jan, 2024, 12.37 AM IST
At AGM, Byju’s investors press for transparency from founderLosses of the edtech company’s parent, Think & Learn, swell past Rs 8,200 crore in FY22; WhiteHat Jr written off.
22 Dec, 2023, 06.00 AM IST
Razorpay, Cashfree eye lost market share, ShareChat’s third round of layoffsWith the PA license in place, both Razorpay and Cashfree have set up "war rooms" with executives from across teams. The aim is to reach out...
21 Dec, 2023, 07.49 AM IST
Byju’s board clears FY22 financial accounts, reappoints BDO as auditor at AGMAccording to people present at the AGM, nearly 60 shareholders attended the meeting opened by founder Byju Raveendran, who also briefed the...
20 Dec, 2023, 11.12 PM IST
Byju's files much-delayed FY22 financials, core biz revenue at Rs 3,569 crore, losses at Rs 2,253 croreThe earnings before interest, taxes, depreciation, and amortisation-based loss of the core business was down from Rs 2,406 crore to Rs 2,25...
05 Nov, 2023, 12.34 AM IST
Byju's CFO Ajay Goel quits in seven months, Nitin Golani to take chargeGoel to go back to Vedanta; help with big restructuring at the mining group.
24 Oct, 2023, 11.01 PM IST
Byju's shareholder Prosus cites poor corporate governance for board exitInvestment firm pledges to work with other shareholders and government authorities to safeguard the long-term interests of Byju’s and its s...
25 Jul, 2023, 05.13 PM IST
Byju’s, lenders aim to strike new pact for $1.2 billion loan by August 3A formal agreement with lenders is of considerable significance for Byju’s as its differences with the former over the $1.2 billion TLB hav...
24 Jul, 2023, 10.15 PM IST
No technical default on bonds: Azure PowerA research report by Nomura released Friday said that the management of Azure expects to hear from NYSE on July 27 on its decision on their...
22 Jul, 2023, 10.55 AM IST
NYSE suspends trading in Azure Global, delisting process to beginOn July 13, Azure Power Global had informed the stock exchange that it would not be able to complete its filings by August 16, the maximum ...
14 Jul, 2023, 11.52 PM IST
Byju’s to form committee to advise CEO on board, governanceCEO Byju Raveendran told shareholders that Byju’s is much larger than any individual and decisions made will be in the best interest of the...
06 Jul, 2023, 07.37 PM IST
Byju’s auditor Deloitte Haskins resigns citing delay in FY22 financial statement, edtech names replacementAuditor says delay in submitting accounts would have "significant impact" on their ability to plan, design, perform and complete the audit.
22 Jun, 2023, 09.26 PM IST
Reliance Capital's loans to its group companies lead to Rs 1,755 crore financial impactBDO India LLP is assisting the IBC-appointed administrator of Reliance Capital in carrying out an investigation of the transaction-related ...
28 Oct, 2022, 09.05 PM IST
Budget 2021 Highlights: Big capex push; no tax change; realty gets a boostThe Budget tabled by the FM concentrated on six key areas for growth - health and wellbeing, infrastructure, inclusive growth, human capita...
01 Feb, 2021, 10.56 PM IST