Byju Raveendran: ED issues show cause notice of Rs 9,362 cro

Byju Raveendran: ED issues show cause notice of Rs 9,362 crore to Byju's for forex violation

Earlier in the day, ET reported that ED had found alleged forex violations to the tune of Rs 9,000 crore by edtech giant Byjus, citing sources. In response to ETs request for comment on the matter, a spokesperson said the company “unequivocally denies media reports that insinuate it has received any notice from the Enforcement Directorate.”

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