Bankrupt Indian education technology firm Byju’s used a UK logistics company to help hide $505.9 million in cash from US lenders, a court filing shows. London-based OCI Limited blamed a former adviser ...

AWS to invest $12.7 billion in India by 2030 as part of its digital infrastructure expansion and AI integration, supporting ...

The suspended BYJU'S director and promoter has alleged in his petition that the US-based lender group fraudulently represented itself to become a financial creditor in the insolvency proceedings ...

Pope Leo XIV, history’s first American pope, vowed Sunday to work for unity so that the Catholic Church becomes a sign of peace in the world, offering a message of communion during an inaugural Mass ...

The lawsuit alleged that the three orchestrated and executed a lawless scheme to conceal and steal $533 Mn of loan proceeds This comes after the US bankruptcy Delaware court ruled in favour of the ...

It looks like an uphill struggle. Byju’s, which expanded aggressively into the US, faces “legal battles from Delaware to Bengaluru” with litigants ranging from the Qatar Investment Authority to ...

NEW DELHI, Aug 2 (Reuters) - Insolvency proceedings against India's Byju's were quashed by an appeals tribunal on Friday in a big win for founder Byju Raveendran but a setback for U.S. lenders that ...

Edtech giant Byju's was once India's most valuable startup, hitting a valuation of $22 billion in 2022. The Indian company has since seen a sharp reversal in its fortunes, following a series of ...

NEW YORK--(BUSINESS WIRE)--The ad hoc group of term loan lenders (the “Ad Hoc Group”) of BYJU’s $1.2 billion term loans (“Term Loans”), announced today that GLAS Trust Company LLC (as administrative ...

BlackRock has yet again cut the value of its holding in Byju’s, slashing the implied valuation of the Indian startup to about $1 billion from $22 billion in early 2022, according to disclosures made ...

Troubled Indian edtech firm Byju’s is in the spotlight again. Amsterdam-listed investment company Prosus wrote down the value of its 9.6% stake in Think & Learn, the parent company of the ...