Tag Archives: loss

‘Worst is over’, says Byju Raveendran after FY22 results

New Delhi, Sep 16 (IANS) After six stressful and tough learning months, Byju Raveendran is back in the game, consolidating the loss-making acquisitions like WhiteHat Jr and optimising the rest, while doubling down on opening more physical tuition centres. According to him, “the worst is finally over” and there is only “growth ahead” as seen in the company’s FY22 financial results. ...

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IRCTC not issuing invoice, causing huge loss to exchequer: Tax consultant

Chandigarh, Sep 16 (IANS) The Indian Railway Catering and Tourism Corporation (IRCTC), a public sector undertaking under the Ministry of Railways, is causing loss to the exchequer by not issuing invoice to the consumers for eatables sold within trains, a tax consultant said on Friday. In a letter to Union Finance Minister Nirmala Sitharaman, Chandigarh-based tax consultant Ajay Jagga said the ...

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Coca-Cola reports 33% decline in Quarterly earnings due to Coronavirus

The global beverages giant Coca-Cola on Tuesday reported second quarter 2020 results that showed 33% decline in its earnings, though the company is optimistic on strategic actions to emerge stronger from the ongoing coronavirus pandemic. The Coca-Cola system remained agile in the second quarter, with a focus on maintaining a safe environment for employees while also providing necessary products and ...

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