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Showing posts from April, 2023

Byju's CEO Raveendran's Bengaluru Office and Residence Raided by ED

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The ED carried out searches under the provisions of Foreign Exchange Management Act (FEMA), having seized various incriminating documents and digital data. The Enforcement Directorate on Saturday carried out searches at the three premises of Raveendran Byju , the founder and chief executive officer of ‘Think and Learn Private Ltd' that runs edtech platform under the name of BYJU's. The probe agency carried out searches under the provisions of Foreign Exchange Management Act (FEMA), having seized various incriminating documents and digital data. Byju Raveendran, founder & CEO of Byju's According to the probe agency, the company received foreign direct investment (FDI) worth ₹28,000 crore between 2011 and 2023. It remitted approximately ₹9,754 crore to various foreign jurisdictions during the same period in the name of overseas direct investment. As per ED, Think & Learn Private Limited had booked around ₹944 crore in the name of advertisement and marketing expenses

No Recruitment From Core Companies – Students At Dr. N.G.P. Institute Of Technology Suffers

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The KMCH group in Coimbatore is in charge of running the Dr. N.G.P. Institute of Technology. The educational institution offers undergraduate, graduate, and research courses in management and engineering. Numerous issues with the institution are highlighted in the reviews by the students. Infrastructure, job placements, training, and other fundamental amenities are mostly included in this. Dr.N.G.P. College Reviews Core businesses don't hold on-campus recruitment events at Dr. N.G.P. Institute of Technology , and even students in the mechanical and electrical departments must attend interviews with IT firms if they hope to land a job. This Coimbatore engineering college's recruitment cell is not working, so the institution is unable to attract quality employers for placements. Due to their prior experience of unsuccessful placements from this college, the majority of renowned companies that seek out industry compliant students are also not drawn to this institution. Because Dr.