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QIA moves K'taka HC to recover ₹2,000 crore from Byju Raveendran
short by Shristi Acharya / on 26 Aug 2025,Tuesday
Qatar Investment Authority (QIA) moved Karnataka HC to recover $235-million (₹2,000 crore) arbitration award from Byju Raveendran over deal breach. This stems from a 2022 case when QIA's subsidiary extended $150 million to finance Byju's Investments for acquiring 1.7 crore shares in Aakash Institute. The agreement was violated as shares were shifted to a Singapore entity controlled by Raveendran.
short by Shristi Acharya / 04:35 pm on 26 Aug
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