ED issues notice to Byju's for forex violations of Rs 900 crore

The Enforcement Directorate (ED) on Tuesday issued show-cause notice to Byju's for allegedly violating foreign exchange rules amounting to Rs 9000 crore. The company is charged under the Foreign Exchange Management Act (Fema). Denying the allegations, the company said, "Byju's unequivocally denies media reports that insinuate it...