Live Breaking News & Updates on Fy22

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Business News: ADB scales down India growth estimate further to 9.7% in FY22

ADB scales down India growth estimate further to 9.7% in FY22 : Rashtra News The Asian Development Bank for the second time in three months has scaled down India's growth estimate for the fiscal year ending March 2022 due to supply chain issue of industries. The Manila-based multilateral development bank pegged India's growth estimate at

India , Manila , Philippines , Asian-development-outlook , Asian-development-bank , South-asia , Adb , Adb-forecast , Business , Covid , Estimate

PSBs to get ₹15,000 crore via zero-coupon bonds in FY22

PSBs to get ₹15,000 crore via zero-coupon bonds in FY22 : Rashtra News #PSBs #crore #zerocoupon #bonds #FY22 The government will provide the budgeted ₹15,000 crore capital allocation for state-run banks this fiscal through non-interest-bearing zero-coupon bonds. This comes even as some banks had reached out to the government seeking clarity given that the Reserve

India , Punjab-sind-bank , Indian-overseas-bank , Central-bank , Reserve-bank , Sind-bank , India-ratings , Bonds , Central-bank-of-india , Crore , Fy22

Uncertainty over LIC IPO could hit government's revised disinvestment target for FY22

Uncertainty over LIC IPO could hit government's revised disinvestment target for FY22 : Rashtra News #Uncertainty #LIC #IPO #hit #governments #revised #disinvestment #target #FY22 India will miss its revised disinvestment target for the second time in the past eight years by a wide margin, as the government may not be able to raise an expected

Sebi , Tyva , Russia , India , Ukraine , Axis-bank , Air-india , Life-insurance-corporation , Revised-estimates , Disinvestment , Fy22

Business News: 'We will grow our loan book by 7-10% in FY22'

‘We will grow our loan book by 7-10% in FY22’ : Rashtra News #grow #loan #book #FY22 Bank of Baroda (BoB) is on track to clock credit growth between 7-10% in FY22 and expects to grow in double digits in FY23, MD & CEO Sanjiv Chadha tells Shritama Bose. At the same time, the bank

Baroda , Gujarat , India , Sanjiv-chadha , Shritama-bose , Bank-of-baroda , Bank-of-india-casa , Bob-net-interest-income , Book , Business , Corporate-loan-book

Business News: FY22 Report Card: India Inc to see earnings downgrades in FY22

FY22 Report Card: India Inc to see earnings downgrades in FY22 : Rashtra News #FY22 #Report #Card #India #earnings #downgrades #FY22 With the trend in results during the December 2021 quarter somewhat mixed, at least 55-60% of companies are likely to see earnings revised downwards, although in many instances the cuts may be very small. […]

India , Hindustan , India-general- , Maruti-suzuki , Bajaj-auto , India-inc , Tata-steel , Page-industries , Hindustan-unilever , Godrej-consumer , Business , Card

Byju's FY22 results: Byju's FY22 results: Revenue at Rs 5,014 crore, losses swell to Rs 8,245 crore

Nearly half of Byju's losses–around Rs 3,800 crore– have come from stressed assets like Whitehat Jr and Osmo–two key acquisitions made by the company. Byjus auditor BDO has however made an observation on the ongoing concern on the $1.2 billion term loan which indicates that a ‘material uncertainty exists.

Kozhikode , Kerala , India , Lucknow , Uttar-pradesh , Nitin-golani , Whitehat-jr , Indian-school-of-business , Programme-in-fintech , Offering-college , Tech-prowess , High-value-skill

Byju's financial year 2022 losses cross Rs 8,000 crore, up 80% in year | India Business News

India Business News: Byju's losses surge to Rs 8,245 crore in FY22. Auditor cites "material uncertainty" over loan repayment. Byju's valuation drops to $1 billion. Byju's

Mumbai , Maharashtra , India , Nitin-golani , Whitehat-jr , Ministry-of-corporate-affairs , Blackrock , Corporate-affairs , Business-news , Struggling , Losses , Fy22

BharatPe Witnessses Net Loss of Rs 941 Crore in FY23 Compared to Rs 834 Crore in FY22: Report

Fintech major BharatPe’s net loss widened to Rs 941 crore during FY23, compared with Rs 834 crore in the previous fiscal. “We excluded the loss worth 4,782 crore in FY22 which it incurred due to change in fair value of compulsory convertible preference shares,” according to an Entrackr report, citing BharatPe’s annualised financial statement shared with shareholders. 📲 BharatPe Witnessses Net Loss of Rs 941 Crore in FY23 Compared to Rs 834 Crore in FY22: Report.

India , New-delhi , Delhi , Engineering-jobs , Only-one , Tech-industry , Nalin-negi , Bharatpe , Bharatpe-ceo , Fintech , Fintech-bharatpe

Byju's misses deadline to file FY22 financials; will now release the financial statement

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”.

India , Arjun-mohan , Learn-pvt-ltd , Advisory-council , Great-learning , Edtech-giant-byju , Across-all , Fy22 , Yjus ,