{"id":839507,"date":"2024-08-01T09:19:00","date_gmt":"2024-08-01T03:49:00","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=839507"},"modified":"2024-08-01T09:28:08","modified_gmt":"2024-08-01T03:58:08","slug":"byjus-ex-director-fined-10000-per-day-over-missing-533-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/01\/byjus-ex-director-fined-10000-per-day-over-missing-533-million\/","title":{"rendered":"Byju&#8217;s ex-director fined $10,000 per day over missing $533 million"},"content":{"rendered":"<p>A suspended director of the troubled Indian educational tech firm Byju\u2019s must pay $10,000 a day until he helps locate $533 million that his company is accused of hiding from US lenders, a judge said Wednesday. <\/p>\n<p>Riju Ravindran, brother of Byju\u2019s founder, has been at the center of a nearly two-year-old fight over the missing cash, which lenders say should be returned to them after the company defaulted. Ravindran is one of three directors of Think &amp; Learn Pvt. \u2014 which operates the Byju\u2019s brand \u2014 who were recently replaced by a trustee as part of an involuntary bankruptcy case filed in India, according to US court documents.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A suspended director of the troubled Indian educational tech firm Byju\u2019s must pay $10,000 a day until he helps locate $533 million that his company is accused of hiding from US lenders, a judge said Wednesday. Riju Ravindran, brother of Byju\u2019s founder, has been at the center of a nearly two-year-old fight over the missing cash, which lenders say should be returned to them after the company defaulted. Ravindran is one of three directors of Think &amp; Learn Pvt. \u2014 which operates the Byju\u2019s brand \u2014 who were recently replaced by a trustee as part of an involuntary bankruptcy case [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-839507","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/839507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=839507"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/839507\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=839507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=839507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=839507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}