BYJU’S Posts INR 2,253 Cr EBITDA Loss In FY22: What Needs To Change?
BYJU'S, India's most valuable startup, continues to lose money in FY22, reporting an EBITDA loss of ...
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Tag: Losses
What JPMorgan’s Acquisition of First Republic Means for the Banking Industry
The financial industry has been rocked by the recent collapse of several large banks, and regulators ...
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UBS-Deal Fallout: Credit Suisse’s Stock Tumbles More Than 60% in Early Trading
On Monday, Credit Suisse's shares dropped by 61.95% in premarket trading in Zurich following the announcement ...
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Crisis-Hit SVB CEO Criticized for Fleeing to $3.1 Million Maui Townhouse
Silicon Valley Bank's CEO, Greg Becker, has come under scrutiny for his actions leading up to ...
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Virgin Orbit Announces Operational Pause and Employee Furlough Due to Financial Woes
Virgin Orbit, the satellite launch company owned by Richard Branson, announced that it would pause all ...
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Credit Suisse Receives a $54 Billion Lifeline Amid Fears of Broader Financial Instability
In response to mounting concerns over a potential global banking crisis, Credit Suisse has announced that ...
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SVB Securities mulls buyout of collapsed parent company, Silicon Valley Bank
According to a report by Bloomberg News, the managers of Silicon Valley Bank's investment banking arm, ...
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Ericsson Announces Global Layoffs Affecting 8,500 Workers
Ericsson, a Swedish telecommunications giant, is reportedly planning to cut 8,500 jobs worldwide, which represents roughly ...
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Goldman anticipates more losses from legal battles of $2.3 billion
According to a regulatory statement by the investment bank on Friday, Goldman Sachs Group Inc. expects ...
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Bed Bath & Beyond: shutting down Canadian operations, cites financial woes
Bed Bath & Beyond's Canadian operations have filed for bankruptcy, as they are insolvent and lack ...
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