Tag: byjus
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US Court Orders Byju’s Director to Pay $10,000 Daily in Hunt for Missing $533 Million
A suspended executive at Byju’s, the embattled Indian ed-tech giant, has been ordered to pay $10,000 a day unless he helps trace $533 million that was embezzled, a judge ruled on Wednesday. The company is accused of hiding from US lenders.Riju Ravindran, the brother of Byju’s founder, is entangled in a nearly two-year legal battle ...