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...
27 May, 2026, 11.33 AM IST
UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuationAfter on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...
05 May, 2026, 12.02 AM IST
SC dismisses Byju Raveendran's plea against NCLAT orderThe Supreme Court on Friday dismissed a plea of Byju Raveendran, the promoter of Think and Learn Private Limited that operates ed-Tech firm...
28 Nov, 2025, 07.23 PM IST
SC junks GLAS Trust plea, clears Aakash rights issue cutting Byju’s stake to under 5%The Supreme Court has dismissed GLAS Trust Co. LLC's appeal against Aakash Educational Services' rights issue. This decision allows the rig...
03 Nov, 2025, 03.27 PM IST
SC to hear Glas Trust's plea against Aakash Rights issueOn Monday, the Supreme Court will review a petition submitted by Glas Trust, which takes issue with Aakash Educational Services' proposed r...
01 Nov, 2025, 12.16 AM IST
Supreme Court rejects BCCI, Byju’s plea to withdraw insolvency caseThe Supreme Court on Monday dismissed appeals by the Board of Control for Cricket in India (BCCI) and Byju’s co-founder Riju Raveendran see...
21 Jul, 2025, 06.10 PM IST
EY-backed RP sues Byju’s Dubai-based marketing agent for Rs 1,597 croreThink and Learn, facing insolvency, is suing Dubai-based More Ideas General Trading for Rs 1,597 crore over alleged unpaid dues. The lawsui...
10 Jul, 2025, 06.04 PM IST
Riju Ravindran moves NCLT, alleges GLAS Trust has no authorisation to represent its US-based lendersIn his petition, Ravindran has alleged that GLAS Trust has "fraudulently represented itself to be a financial creditor" and has requested t...
05 Jun, 2025, 07.54 PM IST
Aakash moves NCLT to implead EY in oppression, mismanagement case filed by Byju'sThink and Learn has filed a Company Petition before the Bengaluru Bench of the National Company Law Tribunal (NCLT) against AESL, alleging ...
04 Jun, 2025, 02.01 PM IST
BCCI, Riju Ravindran challenge NCLT order on insolvency resolutionSenior advocate CK Nandakumar, representing the cricket board, said the settlement with the edtech company was reached before the CoC was f...
20 Mar, 2025, 01.03 AM IST
NCLT approves Shailendra Ajmera as new resolution professional of Byju’s parent firmEarlier, the tribunal directed the committee of creditors (CoC) to submit its recommendation on the appointment of a new RP after the NCLT ...
01 Mar, 2025, 08.01 AM IST
No stay on NCLT order for CoC vetting of BCCI-Byju’s dealRavindran moved the appellate tribunal to block the CoC from taking up an application filed by the Board of Control for Cricket in India (B...
19 Feb, 2025, 07.43 PM IST
Byju's committee of creditors votes to appoint new resolution professionalThe lenders’ action follows the tribunal directing the CoC to submit its recommendation on the appointment of a new resolution professional...
17 Feb, 2025, 06.16 PM IST
SC halts CoC meetings at Byju’s; tells resolution professional to maintain status quoReserving its verdict on an appeal by US lender GLAS Trust Co LLC against the NCLAT’s order approving a settlement deal between Think & Lea...
26 Sep, 2024, 08.30 PM IST
Byju’s US term-loan lenders get no seat in creditors’ committeeInsolvency resolution professional Pankaj Srivastava took this decision after concluding that Glas Trust does not represent the minimum 51%...
03 Sep, 2024, 11.15 PM IST
Byju’s founder close to settling dues with BCCI, lawyer tells NCLATThe BCCI requested a one-day adjournment at the NCLAT due to ongoing settlement discussions with Byju's regarding insolvency proceedings. T...
30 Jul, 2024, 07.05 PM IST
NCLT admits BCCI's plea seeking insolvency proceedings against Byju'sThe NCLT said Byju's has a debt and a default in payment: all the ingredients for admitting the edtech into insolvency. BCCI had moved the ...
16 Jul, 2024, 03.04 PM IST