This means the lenders can demand a full repayment from the troubled edtech firm and take control of Byju's US entity, Byju's Alpha. This i...

Lenders have been pushing hard for the repayment of the $1.2 billion loan amid the company’s mounting distress after a pandemic-era boom in...

The distressed-debt lenders are “playing hardball” to create leverage in negotiations to restructure the loan and causing problems for Byju...

After a long time, it was Christmas at Byju’s as a US court rejected a plea by its Term Loan B (TLB) lenders to probe a $500-million transf...

During the hearing, the counsel representing the defendants submitted that access and control of three bank accounts that the company uses,...

Byju’s woes seem to have no end. The company has suffered a series of setbacks over the last year, including ED raids and valuation markdow...

Two important financial results were released today in the listed technology world. Zomato’s revenue rose 70% as it cut losses during the f...

The fund transfers “did not contravene any terms of the parties’ credit agreement and the agreed-upon rights and responsibilities”, Byju’s ...

Lenders accused one of India’s hottest tech companies, Byju’s Alpha, of hiding $500 million as part of a fight between creditors and the se...