A Mumbai-based private company has fallen victim to a sophisticated WhatsApp-based scam, losing nearly two crore rupees after fraudsters posed as its director, highlighting a rising trend in cyber crimes targeting corporate staff. A Mumbai private company has reportedly lost…
The Federation of Indian Micro and Small & Medium Enterprises has proposed reforms including a statutory safe harbour, faster refunds, and simplified compliance measures to protect genuine firms under India’s GST system, aiming to reduce litigation and enhance working capital…
The Reserve Bank of India has extended the deadline for its revised loan recovery rules to January 2027, providing lenders additional time to adapt to stricter certification and operational standards amid industry feedback. The Reserve Bank of India has pushed…
A parliamentary committee urges India to secure tariff exemptions for pharmaceuticals, smartphones, and critical minerals in talks with the US, amid rising trade protectionism and uncertainty, to bolster export confidence and accelerate the bilateral trade target of $500 billion by…
The Reserve Bank of India’s softer policy shift has infused optimism into the corporate bond market, encouraging issuers like REC and NABARD to return with fresh debt offerings after a period of cautiousness driven by higher yields and market nerves.…
The Reserve Bank of India has proposed new regulations limiting non-banking financial companies to offer only fixed-term loans, narrowing the scope for revolving credit products and tightening control over credit card issuance. The Reserve Bank of India has proposed a…
Dabur India aims for double-digit consolidated revenue growth by 2027, navigating geopolitical tensions, inflation, and supply-chain challenges while expanding premium offerings and international sourcing efforts. Dabur India said it is aiming for double-digit consolidated revenue growth in fiscal 2027, but…
Sterling Tools Ltd reports a strong start to fiscal 2027, driven by increased demand and strategic expansion into electrification, despite facing rising input costs and ongoing losses in mobility divisions. Sterling Tools Ltd said its first-quarter performance for fiscal 2027…
Fortis Healthcare reports modest profit increase in the first quarter, as higher sales are overshadowed by rising operating costs and narrower margins, with expansion plans underway to bolster future performance. Fortis Healthcare reported a modest rise in first-quarter profit as…
The Indian rupee finds support after the Reserve Bank of India maintains its benchmark rate at 5.25%, supported by strong capital inflows and cautious global outlook, though external risks cap its gains. The Indian rupee has found some breathing room…
