Byju’s shareholder group calls for EGM, to vote for ouster of Byju Raveendran, boardWhile investors of Byju's have been asking Raveendran to step aside from an operating role, this is the first instance of shareholders band...
01 Feb, 2024, 09.43 PM IST
Byju’s reducing real estate footprint, vacates two offices in BengaluruThe terminated office assets include 550,000 sq ft in Kalyani Tech Park in Whitefield and 70,000 sq ft in IBC Knowledge Park, people aware ...
05 Dec, 2023, 10.54 AM IST
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...
29 Nov, 2023, 09.07 AM IST
Byju’s tells shareholders it is fully compliant with FEMA rulesHis letter on Tuesday afternoon comes following the news that the Enforcement Directorate has found alleged forex violations to the tune of...
21 Nov, 2023, 09.50 PM IST
Byju’s CFO quits; Flipkart’s Big Billion sale numbersIn another blow to edtech Byju’s, its chief financial officer, Ajay Goel, is leaving after seven months at the company. This and more in to...
25 Oct, 2023, 08.16 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 parent expected to adopt FY22 results this weekByju’s, which has missed payment on a $1.2 billion term loan, said it’s completed a long-awaited audit of all group units. Parent Think & L...
16 Oct, 2023, 09.17 PM IST
Chaudhry may return as Aakash CEO, nears stock-swap deal with Byju’sChaudhry served as the CEO till November 2020 as part of the founding family that ran Aakash Institute independently.
16 Oct, 2023, 10.42 AM IST
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...
30 Sep, 2023, 11.07 PM IST
Byju’s puts Epic, Great Learning on sale to clear $1.2 billion loanByju’s has been working with bankers to sell the two assets to strategic investors and the sources told us it has garnered some interest. S...
12 Sep, 2023, 09.06 PM IST
Byju’s forms executive committee for new leadership at Aakash after exit of CEO, CFOByju Raveendran– chief executive officer at Byju’s, Ajay Goel–group chief financial officer of Byju’s, Anup Kumar Agrawal, chief business o...
02 Sep, 2023, 07.38 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
Exclusive: Byju’s, lenders agree to alter terms of $1.2 billion loanCreditors could drop the demand for accelerated repayment; all litigations may come to an end if talks turn out to be fruitful.
24 Jul, 2023, 10.49 AM IST
Former SBI chairman Rajnish Kumar, ex-Infosys CFO Mohandas Pai join Byju’s advisory councilThese appointments come after Byju’s three key investors–Peak XV Partners, Prosus and Chan Zuckerberg Initiative–resigned from the board le...
13 Jul, 2023, 11.05 PM IST
Byju’s yet to receive entire Rs 2,000 crore from Davidson KempnerThink and Learn, the parent entity of Byju’s, had raised Rs 2,000 crore as a three-year loan facility from Davidson Kempner in a structured...
28 Jun, 2023, 10.02 PM IST
Vedanta’s Ajay Goel joins Byju’s as CFOGoel, who has worked in senior positions in firms such as Daiageo and GE, is joining Byju’s at a time when the company is in the middle of ...
03 Apr, 2023, 11.26 PM IST