Geest schedule q4 2021

Paytm operator One 97 Communications One97 Communications , the parent firm of Paytm, on May 20 reported a loss of Rs 762.5 crore for the March quarter of the financial year 2021-22 (Q4FY22). The company had posted a loss of Rs 444.4 crore in the corresponding quarter of the previous fiscal. The company's revenues from operations were up by 89 percent year-on-year, coming in at Rs 1,541 crore. EBITDA loss before costs of employee stock options stood at Rs 368 crore, lower by Rs 52 crore from Q3FY21. For the full year FY22, the company posted a loss of Rs 2,396 crore against a loss of Rs 1,701 crore in the previous fiscal. Revenues from operations for FY22 stood at Rs 4,974 crore, up 77% from FY21. The company said it was on track to break even at the EBITDA level by September 2023. “This will be driven by continued revenue growth, along with moderation in costs as operating leverage kicks in,” the company said in an exchange filing. Close The company’s … [Read more...] about Paytm Q4 Result | Losses widen to Rs 762.5 crore, revenues up 89% YoY

- A + A KUALA LUMPUR (May 22): The deployment of 5G in Malaysia is poised to benefit the end users in numerous areas and create jobs for the people as the rollout being placed on track. Prof Ir Dr Hafizal Mohamad, Universiti Sains Islam Malaysia head of Department of Electrical and Electronic Engineering, said Malaysia could see the acceleration of new jobs with the advancement of the network, coupled with the new artificial intelligence (AI) and augmented reality (AR) applications, particularly in the education, agriculture and manufacturing sectors. Being one of the first countries in the region to build a 5G ecosystem, he said some prediction estimates that about 500,000 to 700,000 new jobs would be in place as the new 5G rollout progresses. “These new AI and AR applications are not possible with the current network unlike the 5G network. Therefore, we should be able to see quite a number of startups blooming soon to provide new services for 5G,” he told … [Read more...] about 5G network to draw vast benefits, create new jobs

This article is from Capital & Main , an award-winning publication that reports from California on economic, political, and social issues. After decades of decline in overtime pay, the Biden administration is considering action to sharply expand access in a time of high inflation. This is the fourth article of a four-part series examining the 40-year effort by big business and elected officials to deny Americans extra pay for extra work. advertisement advertisement With Americans struggling with inflation, workers’ advocates are banking on a White House that has promised to make millions more workers eligible for overtime wages that pay time and a half. Two presidents who made similar promises over the last 45 years failed to deliver, resulting in outdated federal overtime guidelines and underfunded labor enforcement. But during decades in which lawmakers and lobbyists cut away at overtime access, states like Washington and California … [Read more...] about How several states are taking the lead on restoring overtime pay

It's finally time for Shanghai residents to breathe easier and feel a greater sense of freedom. After nearly two months of lockdown, the commercial hub of 25 million started to allow more people to go out to buy groceries for the first time last Thursday after a fifth straight day of no new Covid-19 infections outside quarantine areas. As businesses are able to operate with workers living on site, authorities aim to allow more normal operations to resume from June 1, and some of the city's 18 metro lines resumed service yesterday. All of the above signals that Shanghai is striving to achieve a full resumption of work and production as soon as possible depending on the Covid situation. Hopefully, such moves will help to change the course of Beijing's zero-Covid policy, as prolonged lockdowns of major cities have greatly damaged the broad economy, dented employment and dampened business confidence. China is not the only country affected. The slowdown of domestic consumption, … [Read more...] about Time to move on from Zero Covid