Biggest News Aggregation in the World
๐Ÿ“ฐ Royce Wraith News

Royce Wraith News Today

Fast, Ad-Free News Updates

Stay updated with breaking news from Royce Wraith. Real-time updates on events, politics, business and more.

Stay Updated with Latest News

Get breaking news updates delivered to your inbox

Browse All News โ†’

Investors accuse Byju's of siphoning $533. Here are the details

Edtech company, Byju's is facing allegations from investors who claim that the company siphoned off a staggering $533 million to an obscure hedge fund in the United States. According to a PTI report, the investors are now seeking a stay on a USD 200 million rights issue, deeming it illegal and against the law.
United States National Company Law Tribunal Camshaft Capital Fund Royce Wraith Enforcement Directorate Byju X27 S

National Company Law Tribunal (NCLT) | Byju's' investors allege $533 million siphoned off, NCLT reserves order on rights issue

The founder of the investment firm, who apparently lacked formal training in investing, had luxury cars - a 2023 Ferrari Roma, a 2020 Lamborghini Huracรกn EVO, and a 2014 Rolls-Royce Wraith - registered in his name since the transfer occurred
United States Byju Raveendran Karnataka High Court Camshaft Capital Fund National Company Law Tribunal High Court

Explore More Categories

World News India News Business Technology Sports Entertainment Health Science