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Articles for Raveendran, search results for foreign

'Not On The Run': Byju's CEO Promises Turnaround Amid Challenges
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
Why BYJU’S founder Raveendran cannot leave the country
10 months, 2 weeks ago

Why BYJU’S founder Raveendran cannot leave the country

Firstpost  

The Enforcement Directorate has upgraded its Lookout Circular against Byju Raveendran — the 43-year-old CEO of the edtech firm bearing his name. Raveendran and his company have faced a string of setbacks including lay-offs, the valuation being slashed by 95 per cent, legal cases by lenders abroad and the BCCI Byju Raveendran in a letter Wednesday called on shareholders to …

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ED issues fresh look-out notice against Byju Raveendran
10 months, 2 weeks ago

ED issues fresh look-out notice against Byju Raveendran

The Hindu  

The Enforcement Directorate has issued a fresh look-out notice against edutech entrepreneur Byju Raveendran in connection with the inquiry into alleged violation of the Foreign Exchange Management Act involving ₹9,362.35 crore. In November last year, the FEMA Adjudicating Authority had issued show cause notices to Think & Learn Private Limited, which runs education portal Byju’s, and Mr. Raveendran, based on …

Company Fema Foreign Fdi Raveendran
ED issues look out notice against Byju Raveendran: Sources
10 months, 2 weeks ago

ED issues look out notice against Byju Raveendran: Sources

Deccan Chronicle  

The Directorate of Enforcement has asked the Bureau of Immigration to issue a look out notice against Byju Raveendran, the founder of the in-crisis edtech company Bjyu's, according to sources.The aim is to prevent Raveendran from leaving the country.Reportedly, this development comes ahead of a high-stakes Extraordinary General Meeting scheduled for this Friday, where it was reported that certain investors …

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ED requests look out notice against Byju Raveendran, says report
10 months, 2 weeks ago

ED requests look out notice against Byju Raveendran, says report

Live Mint  

The Enforcement Directorate has urged the Bureau of Immigration to issue a look-out circular against Byju Raveendran, the founder and CEO of Byju's, the Economic Times reported citing sources. It comes as the agency's Bengaluru office is currently investigating alleged Foreign Exchange Management Act violations against the start-up and its founder, the report said. ED's Previous Actions and Allegations The …

Bengaluru Loc Byju Boi Raveendran
FEMA violation probe: ED requests BOI to issue look out circular against Byju's founder Byju Raveendran
10 months, 2 weeks ago

FEMA violation probe: ED requests BOI to issue look out circular against Byju's founder Byju Raveendran

New Indian Express  

NEW DELHI: The Enforcement Directorate has sent a note to the Bureau of Immigration requesting it to issue a revised look-out circular against Byju Raveendran, the founder CEO of the troubled ed-tech firm Byju’s as part of its probe into alleged violation of provisions of the Foreign Exchange Management Act of the case is informed, the sources said. On a …

Loc Byju Boi Raveendran Violation Probe
Byju's crisis explained: Why edtech firm, once valued at $22 bn, is witnessing financial downfall
11 months, 1 week ago

Byju's crisis explained: Why edtech firm, once valued at $22 bn, is witnessing financial downfall

Hindustan Times  

Ed-tech company Byju's has been grappling with a financial crisis, and in their latest move, the shareholders of the company have moved a resolution seeking the ouster of the founders from top leadership roles, including CEO Byju Raveendran. US-based investment firm Redwood cut a loan of $1.2 billion to Byju's in November 2021, but the ed-tech firm failed to make …

Company Ceo Byju Byju Raveendran Ceo Byju Raveendran
FEMA notices worth ₹9,362 crore sent to Byju Raveendran, parent company: ED
1 year, 1 month ago

FEMA notices worth ₹9,362 crore sent to Byju Raveendran, parent company: ED

Hindustan Times  

NEW DELHI: The Enforcement Directorate has issued show cause notices to ed-tech company Byju’s founder, Byju Raveendran and the parent company, Think and Learn Pvt Ltd, over alleged violations by the company worth ₹9,362 crore under the foreign exchange law, causing loss of revenue of the government, the federal agency said in a statement on Tuesday. “Think and Learn Private …

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Lack of homegrown artistes, funds keep circus industry in Kerala on tenterhooks
1 year, 4 months ago

Lack of homegrown artistes, funds keep circus industry in Kerala on tenterhooks

India Today  

Tears welled up in the eyes of Gangadharan, as he recalled how difficult it had been for him to put on the costume of a clown and walk to the circus ring to entertain the crowd, just a few minutes after receiving a telegram about his father's death. "Whatever happens, the show must go on," said Gangadharan, who was born …

India Kerala Circus Industry Companies Pti Jumbo
Byju's ED Raid: CEO Byju Raveendran Says Company In Compliance, Brought More FDI Than Any Other Startup
1 year, 8 months ago

Byju's ED Raid: CEO Byju Raveendran Says Company In Compliance, Brought More FDI Than Any Other Startup

News 18  

After financial crime-fighting agency ED searched Byju’s premises, the education platform’s CEO Byju Raveendran wrote to employees saying the company brought more FDI to India than any other startup and that the firm fully complies with all applicable foreign exchange laws. “As we are funded by 70+ impact investors who have satisfactorily done due diligence on our operations, including all …

India Fema Foreign Byju Fdi Raveendran More Fdi
Byju’s brought more FDI to India than other startups, company in compliance with laws: CEO after ED raid
1 year, 8 months ago

Byju’s brought more FDI to India than other startups, company in compliance with laws: CEO after ED raid

The Hindu  

After financial crime-fighting agency ED searched Byju's premises, the education platform's CEO Raveendran Byju wrote to employees saying the company brought more FDI to India than any other startup and that the firm fully complies with all applicable foreign exchange laws. "As we are funded by 70+ impact investors who have satisfactorily done due diligence on our operations, including all …

India Fema Foreign Byju Fdi Raveendran More Fdi
FEMA violation case: Byju's ‘confident’ it complies with foreign exchange laws
1 year, 8 months ago

FEMA violation case: Byju's ‘confident’ it complies with foreign exchange laws

Hindustan Times  

Indian education platform Byju's CEO is confident that the country's financial crime-fighting agency will find the company compliant after raids on its premises over suspected breaches of foreign exchange laws, according to an internal memo. "As we are funded by 70 impact investors who have satisfactorily done due diligence on our operations, including all FEMA compliance, we are confident that …

India Company Byju Raveendran Foreign Exchange Laws Fema Foreign
ED searches Byju’s premises: How the ed-tech firm has remained in the eye of the storm
1 year, 8 months ago

ED searches Byju’s premises: How the ed-tech firm has remained in the eye of the storm

Firstpost  

The ED conducted searches on Byju’s premises in Bengaluru in connection with alleged foreign exchange violations on Saturday. Byju’s ED woes According to the central probe agency, Byju’s allegedly remitted abroad over Rs 9,700 crore of the Rs 28,000 crore received by Think and Learn Private Limited as Foreign Direct Investment since 2011. “The company has booked around Rs 944 …

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'Business As Usual,' Says Byju's On ED's Searches & Seizures At Its Offices, Residence
1 year, 8 months ago

'Business As Usual,' Says Byju's On ED's Searches & Seizures At Its Offices, Residence

News 18  

After the ED’s searches and seizures on Byju’s CEO Raveendran Byju residence and offices in which it seized “incriminating” documents and data, the company said it is a “routine inquiry under FEMA” and a “business as usual”. On Saturday, the Enforcement Directorate said it has conducted searches and seizures at the Bengaluru-located office and residential premises of edtech major Byju’s …

Fema Byju Ed Searches Raveendran Byju
ED conducts searches against BYJU's CEO Raveendran's office
1 year, 8 months ago

ED conducts searches against BYJU's CEO Raveendran's office

Deccan Chronicle  

New Delhi: The Enforcement Directorate on Saturday said it has searched the Bengaluru-located office and residential premises of Edtech major BYJU's CEO Raveendran Byju and seized "incriminating" documents and digital data as part of a foreign exchange violation probe. A total of three premises, two business and one residential, were raided recently under the provisions of the Foreign Exchange Management …

Byju Raveendran Ed Incriminating
ED Raids BYJU's CEO Raveendran Residence, Offices; Siezes 'Incriminating' Documents, Data
1 year, 8 months ago

ED Raids BYJU's CEO Raveendran Residence, Offices; Siezes 'Incriminating' Documents, Data

News 18  

The Enforcement Directorate on Saturday said it has conducted searches and seizures at the Bengaluru-located office and residential premises of edtech major Byju’s CEO Raveendran Byju as part of a foreign exchange violation probe. “The company also remitted about Rs 9,754 crore to various foreign jurisdictions during the same period in the name of overseas direct investment,” the agency said. …

Company Byju Siezes Incriminating
ED raids Byju's office in Bengaluru, says, 'CEO Raveendran never appeared for questioning'
1 year, 8 months ago

ED raids Byju's office in Bengaluru, says, 'CEO Raveendran never appeared for questioning'

India TV News  

ED raids BYJU's : The Enforcement Directorate has conducted search and seizure operation today at three premises of Raveendaran Byju and his company 'Think & Learn Private Limited' in Bengaluru under the provisions of Foreign Exchange Management Act, an official said on Saturday. "FEMA searches also revealed that the company has received foreign direct investment to the tune of Rs …

Bengaluru Company Byju Ed Raids Byju