2024-08-22
Hundreds of employees are planning lawsuits, protests against the company for non-payment of salaries. Parents are scrambling to get refunds. Company insiders say that tuition centres are shutting down across the country, and many teachers are not showing up for classes.
Reuters
Interviews with dozens of Byju's staff and other sources show a growing sense of desperation, as its insolvency rumbles on; some staff weigh their legal options
EXCL. Reuters interview of dozens of Byju's employees, review of whatsapp chats, legal documents, police complaints by parents, internal memos show the panic within the crisis-laden edtech company ahead of a crucial SC hearing. With @MunsifV @arpanc_ https://www.shorturl.at/rGWKJ
Reuters
Interviews with dozens of Byju's staff and other sources show a growing sense of desperation, as its insolvency rumbles on; some staff weigh their legal options
A crucial Supreme Court hearing on Thursday will now decide whether the company goes through insolvency process or if the founders will get back control. For thousands of current and former employees, the fight may have just begun. https://www.shorturl.at/d0z6c
Reuters
Interviews with dozens of Byju's staff and other sources show a growing sense of desperation, as its insolvency rumbles on; some staff weigh their legal options
Byju Raveendran's attempt to assauge employee concerns in an email on Tuesday too didn't do much to improve morale, insiders say. Many remaining employees have lost hope and are planning to quit. A group of ex-employees are planning to file a lawsuit in NCLT. [image]
Reuters
Interviews with dozens of Byju's staff and other sources show a growing sense of desperation, as its insolvency rumbles on; some staff weigh their legal options
2022-02-01
🚨IMP: Govt introduces definition of ‘virtual digital asset’ in the Finance Bill. All tokens generated through cryptography and traded electronically, and NFTs to be treated as such. Highest tax slab (30%) on gains on all such assets. https://twitter.com/...
TechCrunch
India proposes a 30% tax on income from the transfer of crypto, NFTs, and other digital assets and will launch a digital rupee in the next financial year
India on Tuesday proposed launching digital rupee in within a year and a 30% tax on income from transfer of virtual digital assets …