SME credit squeeze

Today, India has more than 1,300 listed SMEs. Yet, one critical ingredient is still missing. A steady, predictable and affordable supply of finance. For small businesses to truly scale, credit cannot arrive in bursts during crises. It has to be…

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New labour codes drag down Infosys profit

India’s second-largest software services firm Infosys reported a 9.64% sequential decline in net profit for the fiscal third quarter to Rs 6,654 crore, largely hit by one-time provisions related to the implementation of new labour codes.

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