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BYJUS STAFF SALARIES
Byju’s RP’s suit claims directors owe compensation to company under IBC lawsAn EY-backed resolution professional, Shailendra Ajmera, has sued former Byju's directors. The lawsuits claim fraudulent asset transfers. T...- Byju’s founders tell NCLAT they settled BCCI arrearsEmbattled edtech startup Byju's and the Board of Control for Cricket in India (BCCI) have arrived at a settlement, a lawyer said on Wednesd...
- ET Explainer: Byju's steps on the insolvency tripwire. What happens next?For more than a year now, the Bengaluru-based edtech company has been in turbulent waters with issues ranging from payment defaults, staff ...
- Rajnish Kumar, Mohandas Pai to exit Byju’s advisory councilBoth Mohandas Pai and Rajnish Kumar had joined the advisory council after the edtech's investors–Peak XV Partners, Prosus and Chan Zuckerbe...
- Exclusive: Byju’s India CEO Arjun Mohan resigns, founder Raveendran to comeback at helm of daily opsByju Raveendran's return to the top of daily affairs after nearly four years is of significance as as a group of Byju’s investors voted in ...
- Byju’s arranges for alternative credit, begins March salary payoutsET had reported on April 1 that Bengaluru-based Byju's delayed salaries for workers again as amid a severe cash crunch.
- No NCLT stay on Byju's Friday EGM; reality check for laid-off startup CXOsFour investors — led by Prosus — moved the NCLT, seeking a stay on the planned EGM to effectively block the rights issue. The matter will n...
- NCLT refuses to stay Byju’s EGM over $200 million rights issueThe stay was sought by investors of Byju’s parent Think & Learn, led by Prosus, to block the rights issue.
- Byju’s clears February salary in parts for some, rest get full payment after delayEmbattled edtech company Byju's on Sunday announced that it has disbursed a portion of the pending salaries for over 20,000 employees for t...
- Byju's at war — with investors, bankruptcyByju's, in a letter, said the investors have “no voting rights to change (its) chief executive”. Byju’s top management said certain investo...
- Byju’s FY22 losses soar to Rs 8,245 crore; cash-strapped edtech explores rights issue at $500 million valuationThe rights issue, where existing investors will be offered the option to buy new shares in Think & Learn, may value the edtech firm at anyw...
- At AGM, Byju’s investors press for transparency from founderLosses of the edtech company’s parent, Think & Learn, swell past Rs 8,200 crore in FY22; WhiteHat Jr written off.
- Liquidity crisis will be addressed in 45-60 days, I’ll be the last man standing: Byju Raveendran tells senior execsRaveendran also addressed concerns from on changes in its business plans and optimisation of cost – both on people and business front – to ...
- Byju’s founder Byju Raveendran pledges homes to raise funds for staff salariesTwo homes owned by the former billionaire’s family in Bengaluru, in southern India, and his under-construction villa in Epsilon — a plush g...
- Byju’s delays November salaries for section of employeesThe edtech giant's salary cycle resets on the first of every month. While the impacted employees are housed under Byju's parent Think & Lea...
- Former Byju's employee reveals she was forced to resign by edtech giant; emotional video goes viral on LinkedInA video of a former Byju’s staff tearfully revealing that the company had threatened to withhold her salary if she didn’t resign immediatel...
- Byju’s remits remaining PF contribution for employees after delayAccording to EPFO rules, employers or companies are mandated to deposit the PF for a particular month by the 15th of the next month.
- Byju’s begins another round of layoffs; to impact 500-1,000 employeesThe fresh set of layoffs at Byju's is expected to impact employees across marketing, sales, business development as well as product and tec...
- Byju’s continues to cut jobs, another 1,000 employees laid offThe layoffs are part of a massive cost cutting exercise Byju’s initiated last year to streamline its operations at a time when digital K12 ...
- Edtech carnage continues as WhiteHat Jr lays off 300 employeesWhiteHat Jr posted a total loss of Rs 1,690 crore for FY21, according to regulatory filings filed with the Ministry of Corporate Affairs.
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