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Showing posts from April, 2023

Byju's CEO Raveendran's Bengaluru Home and Office Raided by ED for FEMA Violations

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The Enforcement Directorate (ED) has carried out searches on premises linked to EdTech firm Byju’s in Bengaluru in connection with alleged foreign exchange violations that the agency is probing against the company. The firm has allegedly remitted abroad over Rs 9,700 crore of the Rs 28,000 crore it received as Foreign Direct Investment (FDI) since 2011 and suspected irregularities in the same are being probed. BYJU CEO Raveeendran BYJU’s said the searches were part of a “routine inquiry” and that it was cooperating with the agency. According to the agency, the searches have been conducted at three premises in Bengaluru including the residence of company CEO Raveendran Byju and the office premises of Think & Learn Private Limited, the parent company of Byju’s. The agency claimed to have recovered “various incriminating documents and digital data” during the searches. “FEMA (Foreign Exchange Management Act) searches also revealed that the company has received foreign direct investm

Students At Dr. N.G.P. College Learns With Subpar Amenities And Low-Quality Infrastructure

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Dr. N.G.P. Institute of Technology , engineering college in Coimbatore, provides engineering education without the essential infrastructure. The KMCH group in Coimbatore founded and now manages the institution. Student complaints claim that the school lacks the necessary labs and tools for practical learning. The Dr. N.G.P. Institute of Technology students must deal with subpar amenities and low-quality infrastructure every day. Dr.N.G.P. College Reviews Even after numerous complaints, the college management refuses to fix or update the software and instead forces the students to continue learning using the outdated computers and software that are present in the labs. When students are unable to use the systems, management and staff may modify theory-based learning, which has a significant impact on the students' knowledge. Engineers must gain a great deal of practical experience in order to develop their application-level skills, but because of the management's attitude at the