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Edtech News - Latest Updates & Headlines

$533 mn loan fraud case: US Bankruptcy Court rules against Byju's

New York, Feb 28: A Bankruptcy Court in the US on Friday issued a summary judgement against Riju Ravindran, Think & Learn (the parent company of Byju’s), and the hedge fund Camshaft Capital, finding them guilty of fraudulent transfer of $533 million and a “breach of fiduciary duty.”

AICTE launches NEAT 4.0, a milestone in revolutionizing Online learning

New Delhi, January 2: All India Council for Technical Education (AICTE), officially launched Phase 4 of the National Educational Alliance for Technology (NEAT 4.0) on January 2. The launch event, which included an MoU signing ceremony, was held on Thursday at AICTE Headquarters in Vasant Kunj in New Delhi.