Business Standard
Media & Internet · India · 1K - 5K Employees
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Overview
Headquarters
Nehru House 4 Bahadur Shah Zafar Marg, N...Phone Number
+91 2240275432Website
www.business-standard.comRevenue
$82.4 MillionIndustry
About Business Standard
Business Standard Org Chart
Manager, Branch Operation
Branch Head
Plant Maintenance Head
Director, Operations
General Manager
Assistant General Manager
Senior General Manager
General Manager
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Business Standard News & Media
DELAWARE COURT REVERSES PRIOR JUDGEMENT OF $1 BILLION DAMAGES AGAINST BYJU RAVEENDRAN
BENGALURU, India and NEW DELHI , Dec. 12, 2025 /PRNewswire/ -- The Delaware Court has reversed the $1 billion Judgement against Byju Raveendran (Director, Byjus Investments Pvt. Ltd.), in view of fresh submissions made by Byju Raveendran through a motion to correct the Judgement of 20...US bankruptcy court reverses $1 bn damages against Byju Raveendran - Mint
A US bankruptcy court on 8 December 2025 reversed $1 billion in damages against Byju Raveendran. Earlier this year, Byju's creditors, including GLAS Trust, sued and accused Raveendran, along with others, of masterminding the theft of $533 million in loan proceeds.US Bankruptcy court reverses order which directed Byju Raveendran to pay over $1 billion
On November 22, the court issued the default ruling after holding that Raveendran consistently ignored its orders and failed to participate in the proceedings, after a group of lenders who had given a $1.2 billion term loan to the subsidiary, Byju’s Alpha, filed a motion for default against him on August 11.US bankruptcy court holds Byju Raveendran in contempt for failure to comply with its orders
The court has further directed Raveendran to comply with the discovery orders. “Raveendran shall remit to the clerk of court the sum of $10,000 for each day he remains in contempt of the orders,” it said. In American legal parlance, the term ‘discovery’ refers to the process by which parties obtain evidence and information from the other party.
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Frequently Asked Questions Regarding Business Standard
Business Standard is an Indian daily edition newspaper published by Business Standard. This newspaper was established in 1975, and is headquartered in New Delhi, India.... Read More