FY21

While tabling the Budget a week ago, Telangana Finance Minister T. Harish Rao accused the Centre of “creating hurdles after hurdles” in the development of the State. He said that the State had resorted to off-Budget borrowings to complete…

India's foreign inward remittance jumped to $80.127 billion in 2020-21, the highest ever in a single year, according to Union Minister of State for Finance Pankaj Chaudhary. Remittances are transfers sent from one individual to another or…

Tribune News Service New Delhi, December 20The Central macroeconomic indicators were extremely wobbly during the Covid-hit year of 2020-21, according…

Byju’s cofounder Divya Gokulnath said on Tuesday that the coverage of the edtech major’s financial results were sensationalised to focus only on the company’s losses after it released its audited financials last week. Taking to the…

‘Due to uncertainty in the macro-economic environment, the company is also looking at deferring IPO’ ‘Due to uncertainty in the macro-economic environment, the company is also looking at deferring IPO’ Byju's booked a loss of ₹4,588…

Edtech giant Byju’s raked in revenue of Rs 2,280 crore in the financial year that ended March 2021, around 50% below its own projection of about Rs 4,400 crore. The company, which was to file its audited FY21 results more than 18 months…

India’s most valued startup Byju’s readjusted its unaudited revenues for FY21 following two key changes sought by its official audit firm, Deloitte Haskins & Sells. One, the nature of revenue recognition was changed. If the company sold…

PTI New Delhi, September 14 Byju’s booked a loss of Rs 4,588 crore for fiscal year ended March 31, 2021, 19 times more than the preceding fiscal, as…

Last month, the ministry of corporate affairs (MCA) sent a communication to edtech giant Byju’s, asking it to explain the more than 18-month delay in filing its financial accounts for FY21. Now, the company has finally released the…

Think & Learn Pvt Ltd, which runs the edtech firm Byju’s, said its revenue from operations for the financial year ending March 2021 has been readjusted to Rs 2,280 crore even as the company incurred massive losses of Rs 4,588 crore, up…