News Muncher - category raveendran

1 month ago

Calicut varsity V-C cancels nod for seminar on exam reforms

A seminar on exam modernisation planned by the Calicut University Staff Organisation and the Solidarity of University Employees on the Calicut University campus on December 9 was cancelled after Vice-Chancellor P. Raveendran revoked the permission for it. University sources said on Monday that the permission was earlier granted for all employees and teachers to attend the seminar on ‘Exam modernisation: …

Seminar Calicut Varsity

1 month ago

Student leader seeks action against Calicut varsity V-C

The Hindu

A student leader in the University of Calicut has filed a complaint with R. Bindu, Higher Education Minister, seeking action against P. Raveendran, Vice-Chancellor, for encouraging “anti-government events” on the campus. In a letter to the Minister, M. Abhinand, general secretary of the Departmental Students’ Union, and a student of M.A., alleged that a seminar had been planned by the …

State Calicut Varsity Mr Raveendran

1 month, 1 week ago

Byju’s Bankruptcy: US Judge weighs sanctions for two executives over alleged asset draining tactics

Live Mint

Byju's Bankruptcy: Two Byju's executives are under legal scrutiny in the United States for allegedly draining assets from the edtech company's businesses which are under court supervision, according to a Bloomberg report. Justify Actions Or Face Contempt of Court, Says Judge Hearing the matter on December 2, US Bankruptcy Judge John T Dorsey notified the two accused that he would …

India Court Epic Company Bankruptcy Byju Raveendran

1 month, 1 week ago

Byju’s insolvency: Riju Raveendran approaches NCLT to seek inclusion in case

Live Mint

New Delhi: Riju Raveendran, the largest shareholder of edtech company Byju’s and brother of founder Byju Raveendran, approached the insolvency tribunal on Monday, seeking to be included in the insolvency case deliberations involving the troubled firm, its lenders and the cricket board. They argued that the settlement was tainted as it involved stolen money and questioned how Riju Raveendran could …

Insolvency Settlement Crore Nclt Bcci Insolvency Proceedings Byju

1 month, 2 weeks ago

Raveendran Sankaran: Asian Champions Trophy is the start of new Bihar

The Hindu

While the stereotype of Bihar is well-known among the sporting fraternity and the larger Indian public, the ongoing Women’s Asian Champions Trophy has pleasantly shocked everyone. It all started with AFI’s national inter-districts junior athletics meet two years back. We are now planning to host the Khelo India Youth Games next year, sometime in May-June because we need time to …

Kids Bihar State Host

1 month, 2 weeks ago

Byju Raveendran accused of trying to regain firm with hidden cash: Report

Hindustan Times

Byju Raveendran, the founder of the struggling edu-tech company Byju’s, allegedly tried to use loan money he hid from US lenders to secretly buy back a software company that an American trustee took over. According to a Bloomberg report based on new court filings, this was an attempt by Byju Raveendran to regain control of his collapsing startup, which is …

Byju Raveendran Byju Raveendran Hailer Loan Money

Byju’s founder accused of trying to regain firm with hidden cash

Live Mint

-- The founder of bankrupt Indian tech firm Byju’s tried to use loan proceeds that he allegedly hid from US lenders to secretly buy back a software company that was taken over by an American trustee, according to a new court filing. Byju Raveendran has been trying to regain control of his capsizing education technology empire, which is under court …

Court Raveendran Us Lenders Regain Firm Hailer

1 month, 3 weeks ago

Rajgir all set to host men’s Asia Cup next year after Women’s Asian Champions Trophy success

The Hindu

Even before the Women’s Asian Champions Trophy could be officially concluded, Bihar sports officials were busy planning for a much bigger event in less than a year’s time. Buoyed by the organisational success of the first-ever international sporting event in the State, the Rajgir Sports Complex will be hosting the men’s Asia Cup next year. Scheduled from August 27-September 7, …

Asia World Cup Cup Event Rajgir

4 months, 2 weeks ago

'Struggling to pay bills': Byju's insolvency case fans fears of employees

Hindustan Times

Dozens of Byju's employees and parents of students are showing a growing sense of desperation as people plan to take the offensive against the troubled edtech company whose board currently stands suspended with assets frozen, Reuters reported. After three months without pay, many of Byju's 27,000 employees are considering street protests or lawsuits. "I guarantee this: When we regain control, …

Employees Company Reuters Byju Unpaid Salaries Insolvency Case

4 months, 3 weeks ago

'Not On The Run': Byju's CEO Promises Turnaround Amid Challenges

News 18

Byju Raveendran, founder and CEO of troubled education provider Byju’s, has reached out to employees and promised a speedy resolution to the delay in their July salaries, even as legal challenges remain ongoing. “I understand the importance of this and want to make the situation clear,” Raveendran wrote, pointing out that the company’s financial controls remain frozen due to a …

Raveendran

4 months, 3 weeks ago

Explainer: How Byju's went from startup star to facing insolvency

Hindustan Times

Supreme Court revived insolvency proceedings against edtech company Byju's on Wednesday following a lawsuit from US lenders. The Indian cricket board last year asked a tribunal to initiate insolvency proceedings against Byju's for defaulting on $19 million of dues. Supreme Court stayed the tribunal's order and will re-start insolvency proceedings against Byju's. In February, a group of shareholders, including tech …

Supreme Court Board Insolvency Company Deloitte Insolvency Proceedings Byju

5 months, 1 week ago

NCLAT tells Byju Raveendran to file details of source of funds for settling dues to BCCI

The Hindu

National Company Law Appellate Tribunal Chennai on Wednesday told Byju Raveendran to file details of the source of funds through which he is proposing to settle the dues to Board of Control for Cricket in India. Byju Raveendran, the suspended director, shareholder and promoter of the edtech company had moved an appeal against NCLAT, after the National Company Law Tribunal, …

Bcci Nclat Bcc Byju Raveendran

5 months, 1 week ago

Byju’s, BCCI in settlement talks to avoid insolvency proceedings

New Indian Express

BENGALURU: Edtech firm Byju’s and the Board of Control for Cricket in India are in ‘discussions’ to settle their dispute. Meanwhile, the Karnataka High Court disposed of the petition filed by Byju Raveendran seeking the insolvency proceedings to be suspended. On July 16, the NCLT, Bengaluru bench, admitted an insolvency plea filed by the BCCI against Byju’s over a Rs …

Bcci Insolvency Proceedings Insolvency Order

5 months, 1 week ago

Indian startup Byju's nears settlement in cricket board dispute, sources say

Hindustan Times

By Juveria Tabassum and Aditya Kalra Indian startup Byju's nears settlement in cricket board dispute, sources say NEW DELHI, - Education technology company Byju's is close to settling a $19 million payments dispute with the Indian cricket board, which could free the business from an insolvency process that has frozen the assets of what was once India's biggest startup, said …

India Indian Bcci Sources Byju Raveendran Nears Settlement

5 months, 1 week ago

Karnataka High Court Disposes Byju Raveendran's Plea After NCLAT Begins Hearing His Appeal Challenging Insolvency Proceedings

Live Law

The Karnataka High Court on Tuesday disposed of the petition filed by Byju Raveendran seeking to suspend the National Company Law Tribunal order, which admitted his parent company Think and Learn Private Limited, into the insolvency resolution process. A single judge bench of Justice S R Krishna Kumar disposed of the matter after it was informed that a special bench …

Company Kar Coc Byju Raveendran Insolvency Resolution

5 months, 1 week ago

Justice Sharad Kumar Sharma Recuses Himself From Byju Raveendran's Insolvency Appeal Due To Conflict Of Interest

Live Law

Justice Sharad Kumar Sharma, a Judicial Member of the National Company Law Appellate Tribunal Chennai, has recused himself from hearing Byju Raveendran's appeal against the insolvency proceedings initiated against Think & Learn Private Limited, which operates Byju's. The insolvency proceedings were initiated against Think & Learn Private Limited by the National Company Law Tribunal in Bengaluru. Justice Sharma stated that …

Justice Insolvency Nclt Bcci Sharma Nclat Bcc

5 months, 3 weeks ago

"Future Fake Electors," crazy encounters and confused RNC visitors

Salon

When thousands of Republicans descend upon a heavily Democratic city, there is a surrealness that goes beyond the familiar strangeness that a political event like the Republican National Convention usually brings to town. A couple of Marquette University students clutching their TJ Maxx bags stopped to watch, a hometown Harley-Davidson motorcycle roared by, and I noticed the “Welcome Future Fake …

University Trump Democratic Man Wisconsin Ohio Republican

5 months, 3 weeks ago

Byju's journey from startup star to facing insolvency: All you need to Know

Business Standard

The Indian cricket board last year asked a tribunal to initiate insolvency proceedings against Byju's for defaulting on $19 million of dues. Indian edtech company Byju's was staring at insolvency proceedings on Tuesday following a tribunal order, deepening a crisis that has seen the one-time market darling's valuation plunge from about $22 billion to less than $2 billion. Byju's has …

Board Indian Deloitte Insolvency Proceedings Byju Prosus

7 months ago

Why Has HSBC Cut Byju's Valuation To Zero? Understanding Edtech Giant's Crisis

News 18

In a significant move, financial services giant HSBC has slashed the valuation of edtech company Byju’s to zero, as compared with the company’s valuation of $22 billion in 2022. “We assign zero value to Byju’s stake amid multiple legal cases and funding crunch,” according to the HSBC note. Forbes noted, “Only four people from last year’s list dropped off this …

Financial Hsbc Zero Blackrock Byju Edtech Prosus

8 months ago

Byju Raveendran to sales staff amid crisis: ‘Your job is not to sell, but to…’

Hindustan Times

Byju's cut prices for its courses by up to 30 percent and rolled out flexible working policies for sales staff amid crisis, Moneycontrol reported citing people in the know. The edtech company's founder and CEO Byju Raveendran held a meeting with almost 1,500 sales associates and urged them to be more empathetic while selling courses rather than adopting the earlier …

Sales Byju Byju Raveendran

8 months, 2 weeks ago

Byju’s founder secures private debt to meet employee salaries amid financial strains, NLCT dispute, says report

Live Mint

With this, the edtech unicorn has now disbursed partial salaries for both February and March to employees after previous delays. Byju Raveendran, founder and CEO of Byju’s, has reportedly secured a private debt of approximately ₹30 crore to cover the March salaries of employees amidst financial challenges faced by the edtech company, Business Standard reported. {{^adFree}} {{/adFree}} NCLT Dispute - …

Employees Company Nclt Employee Adfree Salaries Edtech

8 months, 3 weeks ago

Investigation into Vengaivayal incident will be completed within three months, CB-CID assures Madras HC

The Hindu

The Crime Branch-Criminal Investigation Department on Tuesday assured the Madras High Court of completing within three months the ongoing investigation into the incident of human faeces found in an overhead tank that supplied water to Scheduled Caste residents of Vengaivayal village in Pudukkottai district in December 2022. The submission was made after Chief Justice Sanjay V. Gangapurwala and Justice J. …

Investigation Three Months

8 months, 3 weeks ago

Byju Raveendran to Take Over Firm's Daily Operations After CEO's Resignation

News 18

Founder of the edtech company Think and Learn, which owns the Byju’s brand, Byju Raveendran will handle the firm’s day-to-day operations following the resignation of CEO Arjun Mohan, the company said on Monday. Following the move, the company has announced a major rejig of the business that will consolidate its business into three focused divisions -The Learning App, Online classes …

Company Byju Raveendran Byju Raveendran

8 months, 3 weeks ago

Byju's announces rejig of business; founder Raveendran to take over firm's daily operations

The Hindu

Byju Raveendran, the founder of the edtech company Think and Learn, which owns the Byju's brand, will handle the firm's day-to-day operations following the resignation of CEO Arjun Mohan, the company said on April 15. The company has also announced a major rejig of the business that will consolidate its business into three focused divisions - the learning App, online …

Company Byju Raveendran Byju Raveendran

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Articles for Raveendran

Calicut varsity V-C cancels nod for seminar on exam reforms

Student leader seeks action against Calicut varsity V-C

Byju’s Bankruptcy: US Judge weighs sanctions for two executives over alleged asset draining tactics

Byju’s insolvency: Riju Raveendran approaches NCLT to seek inclusion in case

Raveendran Sankaran: Asian Champions Trophy is the start of new Bihar

Byju Raveendran accused of trying to regain firm with hidden cash: Report

Byju’s founder accused of trying to regain firm with hidden cash

Rajgir all set to host men’s Asia Cup next year after Women’s Asian Champions Trophy success

'Struggling to pay bills': Byju's insolvency case fans fears of employees

'Not On The Run': Byju's CEO Promises Turnaround Amid Challenges

Explainer: How Byju's went from startup star to facing insolvency

NCLAT tells Byju Raveendran to file details of source of funds for settling dues to BCCI

Byju’s, BCCI in settlement talks to avoid insolvency proceedings

Indian startup Byju's nears settlement in cricket board dispute, sources say

Karnataka High Court Disposes Byju Raveendran's Plea After NCLAT Begins Hearing His Appeal Challenging Insolvency Proceedings

Justice Sharad Kumar Sharma Recuses Himself From Byju Raveendran's Insolvency Appeal Due To Conflict Of Interest

"Future Fake Electors," crazy encounters and confused RNC visitors

Byju's journey from startup star to facing insolvency: All you need to Know

Why Has HSBC Cut Byju's Valuation To Zero? Understanding Edtech Giant's Crisis

Byju Raveendran to sales staff amid crisis: ‘Your job is not to sell, but to…’

Byju’s founder secures private debt to meet employee salaries amid financial strains, NLCT dispute, says report

Investigation into Vengaivayal incident will be completed within three months, CB-CID assures Madras HC

Byju Raveendran to Take Over Firm's Daily Operations After CEO's Resignation

Byju's announces rejig of business; founder Raveendran to take over firm's daily operations