Live Breaking News & Updates on Fy22

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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

Ericsson eyeing 5G expansion to increase presence in EA

The uptake of mobile broadband has continued to increase as the consumer’s desire faster Internet speeds.

Kenya , Kenyans , Africa-chafic-traboulsi , Ericsson , Communications-authority , East-african , Airtel-kenya , Africa-chafic , Sub-saharan-africa , Middle-east , North-africa , Internet-speeds

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 ,

Pak-Bahrain trade volume surges by 400pc in FY22: FPCCI chief - Business & Finance

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has apprised that bilateral trade volume in FY22 has surged by almost...

Karachi , Sindh , Pakistan , Bahrain , Pakistani , Saquib-rauf , Sahibzadi-maheen-khan , Saqib-rauf , Shaukat-omerson , Irfan-iqbal-sheikh , Shabbir-mansha , Central-standing-committee-on-diplomatic-affairs

Retailability has big plans for Edgars, Legit

Clothing retail group Retailability, the owner of Edgars and Legit, plans to open 30 new stores a year for the next two years as the turnaround of some of its businesses starts bearing fruit.

South-africa , World-war , Sunday-times , Retailability , Edgars , Norman-drieselmann , Boardmans , Bt , Sa , Legit , Price

Trade body red flags Yes Bank silver imports under UAE deal

IBJA has also requested the revenue department to charge the differential duty to Yes Bank in the interest of an orderly market.

India , Sanjay-malhotra , Surendra-mehta , Debajit-saha , Jewellers-association , Kotak-bank , Economic-partnership-agreement , Yes-bank , India-bullion , Comprehensive-economic-partnership-agreement , Ibja , Cepa

FY22-23: Highest-ever investments worth Rs 2,200 cr made in J&K under NIP

Srinagar, June 6: Jammu and Kashmir (J and amp;K) is fast turning into an investment hub as people are keen to establish their business units in the UT, Chief Secretary Arun Kumar Mehta said on Monday.

Kashmir , Jammu-and-kashmir , India , Jammu , Arun-kumar-mehta , C-department , Chief-secretary-arun-kumar-mehta , New-industrial-policy , Vision-pro , Fy22-23-highest-ever-investments-worth-rs-2 , 200-cr-made-inj-ampk-under-nip , Fy22

Internet, IT devices: SBP advocates cut in duties and taxes - Business & Finance

KARACHI: The State Bank of Pakistan (SBP) has asked for reduction of the duties and taxes on internet and IT devices...

Pakistan , Karachi , Sindh , State-bank , Prime-minister , Business-recorder , Tech-start-ups , Fy22 , It-exports , Sbp , Taxes