Trouble mounts for Byju’s founder & CEO! ED seeks look out circular against Byju Raveendran, says report
Thursday, 22 February 2024 The Directorate of Enforcement (ED) has requested the Bureau of Immigration (BOI) to issue a look out circular (LOC) against Byju Raveendran, the founder and CEO of Byju's. The ED's Kochi office had previously opened an LOC 'on intimation' against Raveendran, but the investigation was later transferred to the Bengaluru office. The Bengaluru office of the ED, which is currently investigating alleged Foreign Exchange Management Act (FEMA) violations, believes that a fresh LOC should be issued to prevent Raveendran from leaving the country.
Japan’s Nikkei Stock Index , Surges to an All-Time High.
The Nikkei 225 reached an
all-time high on Feb. 22, AP reports. .
It closed at 39,098.68, surpassing the record of 38,915.87 that was set in December of 1989.
Shares related to computer chips helped
to lead the rally on Feb. 22, AP...
Thursday, 22 February 2024
