Page 10 - Arjun Mohan News Today

New CEO Arjun Mohan has hit the ground running at Byju’s, beginning a painful restructuring that the firm hopes will set its house in order - Issue Date: Oct 29, 2023

India’s $3-billion online gaming industry was growing smartly, with reports pegging it at $8.6 billion by FY27, growing at a CAGR of 27 per cent. But the GST Council’s decision to bring all real-money online gaming under a blanket 28 per cent GST has slammed the brakes on its growth. Can these firms emerge from this massive crisis, or will they fold under the burden? Find out in the latest issue of BT. Plus, read about the renewed IPO activity seen in the equity markets, and the reasons behi...

The initial $170 million tranche will pay off Davidson Kempner debt; the Manipal chairman may rope in more PEs.

As evidenced by a debate at the CHEST Annual Meeting 2023, the pulmonology community disagrees on whether the overlap of asthma and chronic obstructive pulmonary disease (COPD) is a distinct entity and how best to treat it.

He is leading the payroll and non-payroll cost reduction, and bringing about a mindset change in the sales team by asking it to focus on selling the right product to customers, say sources

The awards ceremony of the Economic Times Startup Awards 2023, scheduled to be held in Bengaluru on October 7, will see Union minister of commerce and industry Piyush Goyal and minister of state for information technology Rajeev Chandrasekhar attending as guests of honour. This and more in todays ETtech Morning Dispatch.

The recent business restructuring at BYJU’S would lead to the company achieving break-even by the fourth quarter of FY24

Edtech major Byjus, which has missed its deadline to file the FY22 financial results in September, said on Saturday that it will now release the financial statement for FY22 in October.

Byjus said on Saturday that it would in the second week of October present the audited fiscal-2022 results to its board, advisory council as well as investors Peak XV Partners and Prosus that have recently withdrawn their representatives from the edtech firms board.

In a statement, the company said it will convene a board meeting in the second week of October “for approval and adoption of accounts for FY22”.