Sify Infinit Spaces, the data centre arm of Sify Technologies, aims to raise up to $4 billion over four years through private placements and share sales, stepping up expansion plans despite a stalled IPO and intensified industry competition. Sify Infinit…
India’s markets watchdog, SEBI, reports no evidence of manipulation in the phased rollout of the new closing auction mechanism designed to improve price discovery and market stability, as market participants continue to adapt to the changes. India’s markets watchdog has…
Experts warn that scammers exploit panic and trust, urging parents to educate children about recognising fake messages, safeguarding personal data, and following a ‘three-minute rule’ before acting on suspicious communication. Parents should treat any message asking for a texted code,…
Unclaimed bank deposits transferred to the Reserve Bank of India’s Depositor Education and Awareness Fund have reached nearly Rs 87,000 crore, highlighting the persistent challenge of dormant accounts in India’s banking system and efforts to recover these funds. Unclaimed bank…
Skipper Ltd demonstrates robust growth in Q1 with record revenue, expanding order pipeline, and strategic capacity upgrades, signalling positive outlook despite near-term challenges. Skipper Ltd reported a sharp rise in first-quarter profit as stronger margins, record revenue and a swelling…
RHI Magnesita India reports a significant 83% jump in net profit in Q1 FY27 driven by strategic shift to solution-led engagement, despite facing ongoing pricing pressures and competitive challenges in the refractory market. RHI Magnesita India began FY27 with a…
Shopiators launches a platform that helps Indian small businesses transition from informal social selling to organised online stores, emphasising operational support without abandoning social channels. Shopiators is pitching itself as a bridge between the messy, conversation-led world of social selling…
The Income Tax Department mandates the use of Form 144 for quarterly reporting of tax deducted at source on payments to non-residents, replacing Form 27Q from 2026, with detailed filing procedures and penalties outlined for non-compliance. Form 144 is now…
India’s Supreme Court has ruled that the omission of Rule 96(10) of the GST Rules applies to ongoing refund cases, providing relief to exporters and resolving legal ambiguities regarding pending IGST refunds. India’s Supreme Court has ruled that the omission…
A 75-year-old Hyderabad man fell prey to a sophisticated scam mimicking official election messages, highlighting the rising use of digital deception targeting older individuals and the need for heightened awareness. A retired Reserve Bank of India employee in Hyderabad has…
