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Important news, must-read stories on NDTV Profit on Tuesday
The promoters will also participate in the proposed equity raise.
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This is a very serious issue and the entire country is being taken for a ride, the top court observed.
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Investors expressed deep concerns about Byju's apparent failure to notify them of legal actions or investigations, a requirement outlined in the company's articles.
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IiAS cited 'Governance Matters' for the recommendation, according to a statement.
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Eight Roads Ventures, the company’s first institutional investor, made a partial exit.
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PhysicsWallah's Prateek Maheshwari and DPIIT Secretary Rajesh Kumar Singh elaborated on the demands made by the industry and how the government is acting on them.
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