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Byju's investors refuse to budge, may stay away from rights issue despite extension

The dissenting investors — Peak XV Partners, General Atlantic, Chan-Zuckerberg Initiative and Prosus — will wait for the next hearing in the case at the National Company Law Tribunal on April 4

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Byju's NCLT: NCLT refuses to stay Byju's EGM over $200 million rights issue

The stay was sought by investors of Byjus parent Think & Learn, led by Prosus, to block the rights issue.

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BYJU'S rights issue: a much-needed lifeline or an overplayed hand?

BYJU'S rights issue: a much-needed lifeline or an overplayed hand?
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.

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Byju's rights issue: NCLT reserves orders on Byju's rights issue; gives three days to file written submissions

Four key Byjus investors, led by Dutch investment firm Prosus, told the NCLT that the company was allowed to issue capital of Rs 6 crore through the rights issue, but it was instead issuing Rs 40 crore, as mentioned in the offer letter. This violated the Companies Act, they said.

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Exclusive: Uber CEO Dara Khosrowshahi interview; Paytm Bank denies Fema breach

Happy Monday! Uber Technologies will be laser-focussed on its mobility business in India and consolidate its market share, CEO Dara Khosrowshahi told ET in an exclusive interview. More on this in todays ETtech Morning Dispatch.

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Byju's EGM: ETtech Explainer: What to know about Byju's boardroom battle and shareholder resolutions

A majority of investors in Byjus parent Think & Learn unanimously voted to remove founder Byju Raveendran as CEO and revamp the board, which includes wife and cofounder Divya Gokulnath and brother Riju Ravindran. Here's a look inside the boardroom battle, the shareholder resolutions at the meeting and what comes next.

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Extraordinary general meeting was a farce, Byju Raveendran writes to employees

MUMBAI: A day after a majority of Byju's investors voted to remove founder Byju Raveendran as CEO and restructure the board that includes his wife Div.

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Byju'S CEO: Byju's CEO calls EGM a farce, vows to challenge resolutions | Mumbai News

Byju’s CEO Byju Raveendran criticizes the extraordinary general meeting (EGM) and vows to challenge the resolutions passed by a minority of shareholders. He assures employees that he remains the CEO and that it is business as usual at Byju’s.

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Byju's Investors Vote to Oust CEO Raveendran - The Economic Times

A majority of investors in Byjus parent Think & Learn unanimously voted to remove founder Byju Raveendran as CEO and revamp the board, which includes wife and cofounder Divya Gokulnath and brother Riju Ravindran.

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Fintechs and the KYC conundrum; other top tech, startup stories this week

KYC is best understood as the doorway to formal banking channels. So improper KYC can open up banking to the risks of money laundering, fraudulent transactions and such. When customers open bank accounts, they need to submit identity documents, PAN cards to be verified by bank officials as a part of the KYC process.

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