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The fines prescribed for such discrepancies are nominal, adds Byju's. The company says that no case has been made for violation of FDI rules
Days after the Adjudicating Authority of the Enforcement Directorate (ED) issued show-cause notice to edtech firm Think and Learn Private Limited, and Byju Raveendran over alleged violation to the tune of Rs 9,362.35 crore, the company on ...
In a statement, the company said Thattil will take over reins from Anil Goel who is leaving the company after three years as CTO.
Byju’s journey is pockmarked with problems that can be traced to its founders, a new market, VC money on tap, and, most culpably, a missing hand at the wheel on the board
The income tax department reportedly uncovered tax evasion of around Rs 10,000 crore over three years by online retailers using social media platforms like Instagram and Facebook. This and more in todays ETtech Morning Dispatch.