BollywoodShaadis

Who Is UAE Woman Bisy Philip? Here's Why She Is At The Centre Of Aakash And Byju's Drama Over Rights

Here's everything you need to know about the UAE-based businesswoman named Bisy Philip, who has given a new direction to the ...

Aakash rights issue: The plot thickens—a mysterious UAE woman steps in Byju Raveendran's place

A surprise investor has quietly taken Byju Raveendran’s place in Aakash’s ₹250 crore rights issue, triggering fresh doubts ...
Mint

Mint Explainer | Why Aakash’s ₹250-crore fundraise is now a proxy fight over Byju’s ownership

Aakash Educational Services's ₹250-crore rights issue faces legal challenges, particularly regarding funds from Byju’s parent company. With top executives exiting and ongoing insolvency proceedings, ...
inc42

SC Dismisses BYJU’S, Glas Trust’s Plea To Halt Aakash’s Rights Issue

The verdict clears the way for Aakash to undertake its rights issue, a move that will dilute BYJU’S stake in Akash from 25.75% to less than 5% Last month, Aakash’s shareholders approved an increase in ...

Resolution professional handling Byju’s case extends deadline to submit EoI to January 15

The deadline to bid for Byju's assets has been extended to January 15. This gives potential buyers more time for due ...
The New Indian Express

Aakash puts BYJU’S Rs 25-crore allotment on hold over FEMA, ECB red flags

CHENNAI: The board of directors of Aakash Educational Services Limited (AESL) has put Think & Learn Pvt Ltd (TLPL)’s share allotment of Rs 25 crore, alleging that the amount by the BYJU’s parent ...
inc42

BYJU’S Owned Aakash Mints INR 80 Cr In FY22 Profits, Sales Cross INR 1,400 Cr Mark

Aakash’s profit widens by 82% to INR 79.5 Cr in FY22, a significant improvement from INR 43.6 Cr in FY21 Aakash’s total income stood at INR 1,464.3 Cr in FY22, a 39% increase from INR 1,050 Cr in FY21 ...