Now, at the age of 72, Mr Stalin is reaching a moment in his tug-of-war with the national authorities that could define his ...
Byju Raveendran, the founder of embattled edtech giant BYJU'S, has accused Ernst & Young India, GLAS Trust and the interim resolution professional (IRP) of colluding to bring down the company.
Parliament’s role in Budget formulation and scrutiny in India is mainly ceremonial. The Finance Ministry single-handedly crafts the Budget, keeping even Cabinet Ministers uninformed until its ...
Divya Gokulnath, the co-founder of edtech startup BYJU’S, was once ranked among the richest women in India, with a net worth of over Rs 4000 crore. However, the brilliant entrepreneur is now ...
Money fraudulently transferred to a small hedge fund to keep it out of lenders’ hands A top official of Indian tech firm Byju’s violated his fiduciary duty to lenders by wrongly hiding $533 ...
Byju’s financial troubles began when the company defaulted on a $1.2 billion Term Loan B. A group of lenders, represented by Glas Trust, took the matter to India’s National Company Law ...
Byju Raveendran, CEO of Byju’s, asserts that new evidence submitted in court reveals EY India’s significant role in collusion involving GLAS Trust during the company's insolvency proceedings.
Graphics illustrate the disproportionate growth in population across Indian states and why is it concerning for upcoming ...
His statement follows a viral LinkedIn post by a whistleblower from EY India, which alleged that the audit firm worked with Glas Trust and was appointed by Srivastava to advise him on Byju’s ins ...
and the IRP who was appointed by an Indian court to protect Byju’s but ended up destroying it,” he wrote. He urged authorities to investigate the matter, confident that a thorough probe would ...