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MANIPAL EDUCATION AAKASH
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...
- CCI levies Rs 50 lakh penalty on Manipal Group for not disclosing stake hike in Aakash Educational ServicesThe Competition Commission of India has fined Manipal Group Rs 50 lakh. This penalty is for not disclosing stake increases in Aakash Educat...
- Akash FY24 revenues flat at Rs 2,437 crore, losses at Rs 2,443 croreAakash Educational Services Limited saw revenues remain steady at Rs 2,437 crore in FY24, but losses surged to Rs 2,443 crore, largely due ...
- Manipal Group submits expression of interest to bid for bankrupt Byju's parentThis is the second submission of EoI from Ranjan Pai’s Manipal Education & Medical Group (MEMG) for Think & Learn after its resolution prof...
- Exclusive: Manipal group’s Ranjan Pai expresses interest in bidding for bankrupt Byju’s parentRanjan Pai’s Manipal Education & Medical Group (MEMG) has emerged as a potential bidder for Think & Learn, the bankrupt parent of edtech fi...
- SC rejects Byju’s lender's plea; clears path to Rs 240-crore rights issueThe Supreme Court dismissed petitions by Think & Learn’s resolution professional and Glas Trust, challenging Aakash Educational Services to...
- Aakash shareholders approve share capital increase ahead of rights issueRaising the share capital is an important step before floating a rights issue. Glas Trust, which represents Byju’s US lenders, had earlier ...
- 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...
- CCI clears Manipal Group's stake purchase in Aakash, Bain Capital's deal with Manappuram FinanceThe Competition Commission of India (CCI) has approved Bain Capital's stake acquisition in Manappuram Finance and Manappuram Asset Finance....
- CCI clears Manipal Group's stake purchase in Aakash Educational ServicesThe Competition Commission of India (CCI) has approved the Manipal Group's acquisition of a stake in Aakash Educational Services from found...
- NCLT orders status quo on Aakash Institute shareholding amid legal disputeThe National Company Law Tribunal (NCLT) ordered Aakash Institute to maintain the status quo on its shareholding amidst a dispute over amen...
- 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...
- Aakash’s backers slam AoA tweak plan at NCLTSenior advocate Darius Khambata, representing the minority shareholders, said that these articles are legally binding and would take preced...
- Aakash Institute seeks NCLT nod to amend Articles of Association amid shareholder feudThis follows the subsidiary of Think & Learn, the parent company of embattled edtech firm Byju’s, seeking to remove the rights of minority ...
- NCLAT sends Aakash's AoA amendment case back to NCLTOn Friday, the Chennai bench of the National Company Law Appellate Tribunal disposed of the petitions filed by Manipal Health Systems and A...
- 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 ...
- NCLT refrains Byju's Aakash Institute from tinkering with minority shareholders rightsThe subsidiary of Think and Learn is trying to take away the rights of minority shareholders by amending the articles of association and co...
- Ranjan Pai’s stake buy in Byju's Aakash Educational Services gets CCI green signalThe board of Byju’s-owned Aakash Institute earlier approved the conversion into equity of the $300 million Ranjan Pai, chairman of Manipal ...
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