{"id":841367,"date":"2024-08-05T10:32:07","date_gmt":"2024-08-05T05:02:07","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=841367"},"modified":"2024-08-05T10:32:07","modified_gmt":"2024-08-05T05:02:07","slug":"byjus-out-of-bankruptcy-but-ex-employees-continue-to-wait-for-salaries","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/05\/byjus-out-of-bankruptcy-but-ex-employees-continue-to-wait-for-salaries\/","title":{"rendered":"BYJU\u2019S out of bankruptcy but ex-employees continue to wait for salaries"},"content":{"rendered":"<p>Bengaluru: Arguing its case before the National Companies Law Appellate Tribunal (NCLAT), BYJU\u2019S informed that Riju Raveendran, a BYJU\u2019S director and brother of founder Byju Raveendram, had infused Rs 2,600 crore into the company so that it carries on business and is able to pay salaries to its 27,000 employees. While its statements in that court got BYJU\u2019S out of the woods (read: bankruptcy proceedings), its employees are still waiting to receive the salaries for which the money was pumped in.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bengaluru: Arguing its case before the National Companies Law Appellate Tribunal (NCLAT), BYJU\u2019S informed that Riju Raveendran, a BYJU\u2019S director and brother of founder Byju Raveendram, had infused Rs 2,600 crore into the company so that it carries on business and is able to pay salaries to its 27,000 employees. While its statements in that court got BYJU\u2019S out of the woods (read: bankruptcy proceedings), its employees are still waiting to receive the salaries for which the money was pumped in.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20,44,4],"tags":[],"class_list":["post-841367","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-it-2-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/841367","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=841367"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/841367\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=841367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=841367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=841367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}