The current fund, part of the flagship Fund of Funds (FoF), was first announced by union finance minister Nirmala Sitharaman during the Union Budget for 2025-26. The scheme was originally launched in 2016 with an initial corpus of ₹10,000 crore.
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Corporate revenue growth in India may face a slowdown in the coming financial year due to weaker nominal GDP growth, according to a recent report by Jefferies.
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Companies like Genpact, WNS, & Sutherland are ramping up partnerships with GCC, offering end-to-end services from set-up to AI-led transformation, as hybrid and BOT models gain traction.
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The court observed that the GST Council had considered the issue and issued relevant circulars. It has directed the adjudicating authority to decide the matter afresh in light of these directions.
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This comes on the back of the ministry of electronics and information technology’s (Meity) crackdown on all forms of unauthorised use of Aadhaar-based digital onboarding services.
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Indian companies are increasingly drawn to Sri Lanka for expansion due to strong cultural and historical ties, according to ITC Group CEO Sanjiv Puri. He highlighted India’s growing competitiveness, technological advancements, and the ambition of Indian enterprises to expand beyond…
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