More trouble for Byju’s as three board members, auditor Deloitte resignRepresentatives from Peak XV (formerly Sequoia Capital India), Prosus and Chan Zuckerberg, on Byju’s board have resigned along with its aud...
25 Jul, 2023, 08.07 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
MCA summons likely for directors of Byju’s parentA senior official privy to the developments told ET that the officer conducting the inquiry will also ask the directors to join the probe i...
18 Jul, 2023, 04.50 PM IST
Government orders inspection of Byju's account booksIndia's Ministry of Corporate Affairs has ordered an inspection into the account books of embattled edtech startup Byju's, Bloomberg report...
11 Jul, 2023, 03.12 PM IST
Shah Rukh Khan may not renew deal with Byju’sEdtech platform Byju’s, which is cutting costs after struggling to raise funds, is unlikely to renew its endorsement deal with actor Shah R...
04 Jul, 2023, 02.32 PM IST
Things aren’t as bad as you think: Byju Raveendran tells employeesAt a townhall, Byju Raveendran says talks with term-loan lenders have taken ‘constructive turn’, Deloitte and directors left on good terms;...
30 Jun, 2023, 07.38 AM IST
Byju’s staffers in a spot as recruiters fail to match payThree employees told ET that there is no internal communication from the management on what is happening with the business, or investors qu...
27 Jun, 2023, 10.51 AM IST
Amid board trouble, Byju’s promises investors September deadline for FY22 audited resultsFounder Byju Raveendran and chief financial officer Ajay Goel, along with other leadership members, briefed about 75 shareholders on Saturd...
25 Jun, 2023, 11.18 PM IST
Board members quit as shareholding fell below minimum threshold: Byju’sBy Friday midnight, Peak XV Partners, Prosus and Chan Zuckerberg confirmed their exit from edtech’s board.
24 Jun, 2023, 01.15 PM IST
Peak XV, Prosus and Chan Zuckerberg confirm exit from Byju’s boardA Byju’s spokesperson had called our report about the resignations entirely speculative and denied the claims.
24 Jun, 2023, 08.03 AM IST
What's ailing edtech? Shriram Subramanian answers“Valuations seem to have trumped even the core business processes. At the end of the day, these companies should be increasingly seen from ...
16 Sep, 2022, 11.10 AM IST
Byju’s audit firm Deloitte sought two key changes in FY21 financials“Revenues from streaming services (online courses), which was previously recognised fully on commencement of contract, has been adjusted to...
15 Sep, 2022, 04.28 PM IST
Audited financial results on Sept 6, Byju’s informs debt investorsCompany may hold board meeting next week to discuss auditor's financial report for FY21 and FY22
29 Aug, 2022, 08.00 AM IST
Government asks Byju’s reasons for delay in filing audited accounts: reportAccording to the report, earlier this month, the Ministry of Corporate Affairs sent a letter to Byju’s parent company Think & Learn asking ...
25 Aug, 2022, 10.08 PM IST
Byju’s stares at tax issues as Deloitte delays audit nodEdtech firm files returns under special provision; auditor in-principle agrees to sign statements, say executive
15 Aug, 2022, 06.00 AM IST