EGM ousts founder, but Byju's unfazed
Hindustan Times|February 24, 2024
Investors move NCLT citing suppression of investor rights and mismanagement

The emergency meeting called by Byju's investors began with chaos but turned out as expected: with shareholders voting to oust CEO Byju Raveendran and revamp the board, and the online tutor dismissing the resolutions as invalid. Friday's extraordinary general meeting was attended by more than two dozen investors, including Prosus, General Atlantic, Sofina, and Peak XV Partners.

Earlier on Thursday, these investors, with support from Tiger Global and Owl Ventures, filed a petition before the National Company Law Tribunal against Byju's $200-million rights issue, citing alleged suppression of investor rights and mismanagement of the company, a person with knowledge of the development said, declining to be identified.

The developments signal a ratcheting of the increasingly acrimonious relationship between Byju's and its investors, which has spiked after the troubled edtech company announced the rights issue, which dilutes the shareholding of non-participating investors by 99%.

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Hindustan Times

Kejriwal to address district conventions starting Nov II: AAP

NEW DELHI: The Delhi convener of the Aam Aadmi Party (AAP) and environment minister, Gopal Rai, announced on Wednesday a series of districtlevel worker conferences, oathtaking ceremonies, and grassroots conventions to prepare for the Delhi assembly election slated for early next year.

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1 min  |
November 07, 2024
NGT orders revival of lake near Dhaula Kuan
Hindustan Times

NGT orders revival of lake near Dhaula Kuan

The National Green Tribunal (NGT) has issued a notice to the Delhi Development Authority (DDA), instructing it to restore the 66-acre Kitchener Lake near Dhaula Kuan, which has turned green from algal bloom.

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1 min  |
November 07, 2024
Hindustan Times

MCD report: Dengue cases cross 4,000-mark for 2024

SO FAR, THREE PEOPLE HAVE DIED FROM THE DISEASE, BUT OFFICIALS SAID ALL DEATHS OCCURRED IN SEPTEMBER

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1 min  |
November 07, 2024
New American dream: Anatomy of a victory
Hindustan Times Delhi

New American dream: Anatomy of a victory

WASHINGTON: Donald Trump's remarkable political win was based on a clever selection and aggregation of political issues, astute targeting of both the base and newer demographic groups, and a relatively focused and disciplined campaign machinery.

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7 dak  |
November 07, 2024
J&K House gives nod to resolution on spl status
Hindustan Times Delhi

J&K House gives nod to resolution on spl status

The Jammu & Kashmir assembly on Wednesday passed a resolution seeking the restoration of the region's special status amid ruckus as Bharatiya Janata Party (BJP) legislators tore copies of the document, stormed the well of the House, and raised slogans against the speaker.

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1 min  |
November 07, 2024
Yamuna is still covered with toxic foam as devotees prep for Chhath
Hindustan Times Delhi

Yamuna is still covered with toxic foam as devotees prep for Chhath

NEW DELHI: A thick layer of toxic foam continued to cover the Yamuna's surface on Wednesday — a day before devotees take dip in water bodies as part of the Chhath Puja festival — with large chunks of froth seen floating past Kalindi Kunj, making mockery of efforts by agencies to reduce the pollution levels in the river.

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3 dak  |
November 07, 2024
Hindustan Times

PRIOR NOD A MUST IN PMLA CASES ON OFFICIALS, SAYS SC

The Supreme Court on Wednesday ruled that prior sanction is mandatory to prosecute public servants in money laundering cases, establishing a key procedural safeguard under the stringent Prevention of Money Laundering Act (PMLA) and adding a layer of accountability to PMLA prosecutions involving public servants.

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1 min  |
November 07, 2024
Hindustan Times

MAN, 53, KILLED; THREE HURT IN MULTI-VEHICLE CRASH IN ROHINI

A 53-year-old tea vendor died, and three others were injured after a speeding car struck two bikes, a car, and a cart in Rohini on Wednesday evening, said police.

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1 min  |
November 07, 2024
Hindustan Times

Kejriwal to address district conventions starting Nov 11: AAP

The Delhi convener of the Aam Aadmi Party (AAP) and environment minister, Gopal Rai, announced on Wednesday a series of districtlevel worker conferences, oathtaking ceremonies, and grassroots conventions to prepare for the Delhi assembly election slated for early next year.

time-read
1 min  |
November 07, 2024
Hindustan Times

Top court rejects plea seeking review of its NEET judgment

The Supreme Court has dismissed a petition seeking review of the August 2 verdict wherein it had refused to allow a fresh NEET-UG 2024 examination.

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1 min  |
November 07, 2024