Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
US: $1 billion damages ruling against Byju Raveendran 'reversed'
Millennium Post Delhi
|Delhi 11 December 2025
NEW DELHI: A US bankruptcy court has reversed a USD 1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn Pvt Ltd - the parent firm of ed-tech platform Byjus.
‘The Delaware Court had, in a default ruling last month, ordered Raveendran to pay more than USD 1 billion, saying the former corporate star who set up the eponymous Indian edtech and tutoring company, had refused to cooperate with legal efforts to locate almost half the proceeds from a USD 1.2 billion US term loan made in 2021.
This story is from the Delhi 11 December 2025 edition of Millennium Post Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Millennium Post Delhi
Millennium Post Delhi
Officials in Maha no longer required to greet MLAs, MPs who are convicted or facing charges
The Maharashtra government has revised its official protocol, stating that civil servants are no longer required to stand or greet legislators or Members of Parliament who have been convicted, are under investigation, or are visiting offices for election-related procedures.
1 min
April 30, 2026
Millennium Post Delhi
Better get smart soon': Trump criticises Iran's nuclear stance
Efforts to advance negotiations between Donald Trump and Iran showed little progress on Wednesday, with signs that talks aimed at ending the ongoing conflict had stalled.
2 mins
April 30, 2026
Millennium Post Delhi
IIT Madras incubates 112 deep-tech startups
IIT Madras has achieved a key milestone in deep-tech entrepreneurship, incubating over 100 startups for the second consecutive year under its 'Startup Shatam' mission.
1 min
New Delhi 30April2026
Millennium Post Delhi
Here's why students flock to Germany for higher education
Study opportunities paired with post-study work options boost appeal
1 mins
New Delhi 30April2026
Millennium Post Delhi
Govt plans emission rule to tweaks to widen scope for higher ethanol blends
The Ministry of Road Transport and Highways has proposed amendments to vehicle emission rules to widen the scope for higher ethanol blends and alternative fuels, paving the way for flex-fuel and pure biofuel vehicles across all vehicle categories.
1 mins
New Delhi 30April2026
Millennium Post Delhi
Assam polls: Over 8K people engaged for counting on May 4
EC fully geared up to conduct process smoothly
1 mins
New Delhi 30April2026
Millennium Post Delhi
Sudan’s war leaves Khartoum with unexploded mines, other weapons
Khaled Abdul-gader noticed children using an unusual object as a football and tried to stop them.
1 mins
New Delhi 30April2026
Millennium Post Delhi
No legislative vacuum exists warranting intervention: SC
PLEAS AGAINST HATE SPEECHES
2 mins
New Delhi 30April2026
Millennium Post Delhi
President Trump to feature on limited edition US passports
The State Department is all set to unveil a limited-edition US passport with pictures of President Donald Trump and the Founding Fathers to commemorate the 250th anniversary of American independence in July.
1 min
New Delhi 30April2026
Millennium Post Delhi
RCB HAVE SIX VICTORIES IN 8 MATCHES Can GT stop rampant Royal Challengers at home?
Searching for some much needed consistency, Gujarat Titans face a stern test against a red-hot Royal Challengers Bengaluru in their Indian Premier League match here on Thursday.
1 mins
New Delhi 30April2026
Listen
Translate
Change font size