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Lenders To Byju s American Subsidiary Drag More Entities To Court

Startups new hiring strategies; unprecedented poll buzz online

Happy Thursday! While layoffs continue, startups are strategically refilling certain open positions with lower-salaried junior staff to cut costs. This in todays ETtech Morning Dispatch.

Byju s creditors petition to put more units in US bankruptcy

Byju s creditors petition to put more units in US bankruptcy
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

Why is Byju s Facing National and International Heat, Both Financially and Legally?

Yesterday, the National Company Law Tribunal (NCLT) issued notices to Think and Learn Pvt. Ltd., the parent company of Byju's, over non-payment of dues to operational creditors.

Byjus: US court pulls up Byju Ravindran s brother for not being truthful on the missing $533 mn that lenders are after

An Indian tech firm, Think & Learn Pvt, faces penalties for concealing $533 million from lenders. Riju Ravindran, a director, failed to locate the funds, prompting US Bankruptcy Judge Dorsey to call his testimony dishonest. Despite no extradition treaty, fines loom. The dispute centers on creditors versus Think & Learn, embroiled in US courts.

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