Financial Statements Audit
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CCI Rejects Apple Request to Put Antitrust Report on Hold
The CCI internal order showed that Apple in November alleged that the main complainant in the antitrust investigation - Indian non-profit Together We Fight Society (TWFS) - had not complied with the directives to give an assurance that the old investigation reports had been destroyed.
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South Korea Initiates Crackdown on Suspicious Crypto Activities
On Thursday, July 4, the Financial Supervisory Service of Korea released a statement alerting all crypto exchanges to ramp up transaction monitoring on their respective platforms. This move from South Korea comes as the country’s Virtual Asset User Protection Act is ready to go into effect on July 19.
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Government Orders Probe on Edtech Firm Byju's Over Financial Issues
The corporate affairs ministry has ordered an inspection of the books of Byju's, a senior government official said on Monday amid the edtech major facing multiple headwinds, including delay in submitting financial statements and concerns over corporate governance issues. The inspection of Bengaluru-based Think & Learn, which operates under the bran...
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Byju’s Tells Investors It Will Submit Long-Delayed 2022 Audited Earnings to Indian Regulators by September
Indian education technology giant Byju's, which lost its auditor after delaying financial statements, has told investors it will file 2022 audited earnings by September and 2023 results by December, a person with direct knowledge of the matter said.
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Byju’s Posts 13-Fold Widening in Losses in Delayed FY 2021 Report, Accounting Changes Detailed: Report
Byju’s on Wednesday released audited financial statements after months of delay. The Bengaluru-based company reported a 13-fold widening in losses in the year through March 2021, with net losses widening to Rs. 45.7 billion. The company also announced unaudited numbers for the year through March 2022.
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PM-CARES Got Rs 3,076 Crore In 5 Days; P Chidambaram Says Name Donors
The PM-CARES fund for Covid received 3,076 crore in five days, according to an audit statement made public by the government. The statement, for the financial year 2020, only records donations between March 27 (when the fund was set up) and March 31.
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CCI Rejects Apple Request to Put Antitrust Report on Hold
The CCI internal order showed that Apple in November alleged that the main complainant in the antitrust investigation - Indian non-profit Together We Fight Society (TWFS) - had not complied with the directives to give an assurance that the old investigation reports had been destroyed.
-
South Korea Initiates Crackdown on Suspicious Crypto Activities
On Thursday, July 4, the Financial Supervisory Service of Korea released a statement alerting all crypto exchanges to ramp up transaction monitoring on their respective platforms. This move from South Korea comes as the country’s Virtual Asset User Protection Act is ready to go into effect on July 19.
-
Government Orders Probe on Edtech Firm Byju's Over Financial Issues
The corporate affairs ministry has ordered an inspection of the books of Byju's, a senior government official said on Monday amid the edtech major facing multiple headwinds, including delay in submitting financial statements and concerns over corporate governance issues. The inspection of Bengaluru-based Think & Learn, which operates under the bran...
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Byju’s Tells Investors It Will Submit Long-Delayed 2022 Audited Earnings to Indian Regulators by September
Indian education technology giant Byju's, which lost its auditor after delaying financial statements, has told investors it will file 2022 audited earnings by September and 2023 results by December, a person with direct knowledge of the matter said.
-
Byju’s Posts 13-Fold Widening in Losses in Delayed FY 2021 Report, Accounting Changes Detailed: Report
Byju’s on Wednesday released audited financial statements after months of delay. The Bengaluru-based company reported a 13-fold widening in losses in the year through March 2021, with net losses widening to Rs. 45.7 billion. The company also announced unaudited numbers for the year through March 2022.
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PM-CARES Got Rs 3,076 Crore In 5 Days; P Chidambaram Says Name Donors
The PM-CARES fund for Covid received 3,076 crore in five days, according to an audit statement made public by the government. The statement, for the financial year 2020, only records donations between March 27 (when the fund was set up) and March 31.
