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Byju's Vs Investors: Karnataka HC extends interim protection against EGM resolution till March 28

It maybe noted that on February 23, a host of blue chip investors like Prosus, General Atlantic and Peak XV voted to fire Chief Executive Officer (CEO) Byju Raveendran from edtech company Byju’s. However, the resolution could not be given effect to owing to the Karnataka High Court order. ....

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Moneycontrol Selects: Top stories this evening

Our specially curated package of the most interesting articles to help you stay at the top of your game ....

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NCLT asks Byju's to consider extending rights issue closure date | Business News

In a February 27 interim order, the NCLT said the funds received by the company in respect to the rights issue should be kept in a separate escrow account and it should not be withdrawn till the disposal of the matter. ....

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S|W: The SaaS Weekly – Reddit's power users will get first dibs on its IPO

Plus: Golden Ventures talks success in closing fifth seed-stage VC fund. ....

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Continue to remain CEO; rumours of my firing highly exaggerated, inaccurate: Byju Raveendran to staff

The note to employees assumes significance as it comes after Byju's shareholders (prominent investors) on Friday voted for removing Founder-CEO Raveendran and his family from the board over alleged "mismanagement and failures" ....

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