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What was the major source of the problems in India at the time of independence?
IFRS
International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board (IASB) that guide the preparation of financial statements globally.
Convertible Notes
A form of short-term debt that converts into equity, typically in conjunction with a future financing round, under specific terms.
Interest Expense
The cost incurred by an entity for borrowing funds, typically reported on the income statement.
Basic EPS
A measure of a company's performance that divides earnings available to common shareholders by the average number of common shares outstanding.
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