Man Infraconstruction’s first quarter of FY27 showcases a 29% rise in net profit to ₹71.64 crore, bolstered by strong sales momentum, a burgeoning launch pipeline exceeding ₹6,600 crore, and a net debt-free balance sheet, highlighting strategic growth amidst policy shifts…
The introduction of Ind AS 117 aligned with IFRS 17 promises to overhaul Indian insurance accounting, enhancing transparency and global comparability amid industry-wide technological upgrades. India’s insurance sector is heading into a major shift in financial reporting as Ind AS…
Venture capital giants Accel and AVP offload over 1 crore shares in Amagi through block deals, signalling a significant shift amid the company’s recent bullish market performance and upcoming IPO plans. Amagi, the Bengaluru-based media software company, saw a large…
A pantry reset, focusing on organisation and visibility, is transforming home cooking by reducing waste and making the most of existing ingredients, rather than encouraging more shopping. A pantry reset is less about austerity than discipline. The idea, as described…
India’s insurance regulator, IRDAI, has issued formal warnings and a six-month ban on new office openings to Edelweiss Life Insurance and Pramerica Life for exceeding expense management limits under its 2024 rules, amid industry-wide expense compliance challenges. India’s insurance regulator…
India faces a critical financing gap to fund urban expansion, with most local bodies lacking the credit ratings needed to tap into bonds , prompting government initiatives to improve municipal bankability and foster sustainable urban growth. India’s cities face an…
Bengaluru-based Zetwerk files for an IPO, highlighting its transition from marketplace model to integrated manufacturing, as it faces profit pressures and reliance on third-party suppliers. Zetwerk is heading towards the public markets with a business that is bigger, more complex…
India’s GST refund system offers avenues for businesses to reclaim excess tax, but navigating the technical rules and deadlines remains crucial for a smooth claim process amid recent guidance and reforms. India’s goods and services tax regime gives businesses a…
A study highlights the gender gap in India’s rapid digital payments expansion, revealing social and structural barriers preventing women from fully accessing and trusting the UPI system, despite its widespread adoption. At a tea stall on Hyderabad’s Jubilee Hills Road…
The June quarter saw a sharp decline in India’s unincorporated non-farm sector, with drops in establishments and employment, highlighting a divergence from the robust growth in the formal economy. India’s unincorporated non-farm sector lost pace in the June quarter, even…
