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Qatar Investment Authority Moves HC to Seek Arbitral Award From Byju's
The New Indian Express Chennai
|August 26, 2025
THE Qatar Investment Authority (QIA) has moved the Karnataka High Court against BYJU's founder Byju Raveendran and his investment vehicle Byju's Investment (BIPL) to collect an arbitral award of $235 million (nearly ₹2,060 crore) for allegedly misusing funds.
The QIA, through its subsidiary Qatar Holding LLC, alleged that the funds were used to acquire 1,78,91,289 shares of Aakash Education Services, and there was an express restriction against transferring those shares. It further alleged that in breach of the agreement, the shares were later transferred to another Singapore-based corporate entity controlled by Raveendran, said a press statement from QIA. The
Denne historien er fra August 26, 2025-utgaven av The New Indian Express Chennai.
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FLERE HISTORIER FRA The New Indian Express Chennai
The New Indian Express
FII exodus continues as mkt logs losses for 7th day
Sensex, Nifty decline more than 3% each in the past 7 sessions
2 mins
September 30, 2025
The New Indian Express
HC seeks inventory of Sabarimala valuables
Appoints retired judge to monitor preparation of a list of treasures in the strongroom at the KL hill shrine
1 mins
September 30, 2025
The New Indian Express
Left vying for more space in INDIA bloc seat allocations
WITH the Assembly election campaigns picking up pace in Bihar, pressure is mounting on the senior partners of the opposition alliance-Rashtriya Janata Dal (RJD) and the Congress as the Left parties are pressing for a significantly larger share this time.
1 min
September 30, 2025
The New Indian Express
Tata Capital IPO price band at ₹310-326
TATA CAPITAL has fixed the price band of ₹310-326 per share for its initial public offering (IPO), below its recent rights issue price and nearly 55% lower than its prevailing unlisted market price of ₹735.
1 mins
September 30, 2025
The New Indian Express
Netanyahu backs Trump's Gaza peace plan
It calls for immediate ceasefire in Gaza, withdrawal of Israeli troops and Hamas disarmament
2 mins
September 30, 2025
The New Indian Express
With old pal, Argal set for new chapter
IT all started around 25 years ago when 12-year-old Ajitesh Argal made his U14 debut for Madhya Pradesh against Uttar Pradesh at Kamla Club Ground, Kanpur.
1 mins
September 30, 2025
The New Indian Express
Chemists' body seeks relief for small retailers
THE All India Organisation of Chemists and Druggists (AIOCD), wrote to the finance ministry seeking urgent relief measures to cushion the challenges that small retailers are facing during the transition to GST 2.0.
1 min
September 30, 2025
The New Indian Express
Stampede left me in sorrow of my life, says Aadhav Arjuna
TVK campaign general secretary Aadhav Arjuna on Monday said the Karur stampede deaths have left him in the \"deepest sorrow\" of his life.
1 min
September 30, 2025
The New Indian Express
TVK dist secy, AI in Karur stampede FIR, arrested by spl team in Dindigul
A special team of Karur district police arrested TVK Karur West district secretary V P Mathiyazhagan on Monday in connection with the death of 41 people in a stampede during party president Vijay's campaign on Saturday.
1 min
September 30, 2025
The New Indian Express
1.6L people took part in agri business festival, says govt
THE state government on Monday said that 1.57 lakh people, including 15,420 farmers, took part in the second edition of the Agri Business Festival 2025 held in Chennai on September 27 and 28.
1 min
September 30, 2025
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