Byju’s Founder Faces ED Notice Over Rs 9362 Crore FEMA Violation
The Enforcement Directorate (ED) has reportedly prolonged its lookout circular (LOC) against Byju Raveendran, the founder of the embattled ed-tech giant Byju’s, as part of an ongoing investigation into alleged violations of the Foreign Exchange Management Act (FEMA). This latest development comes as the federal agency …