Voluntary attrition in the company’s IT services business, measured on a last-twelve-months basis, stood at 13.6%, a level the company has broadly maintained in recent quarters, according to the quarterly factsheet by the company.
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SEBI has barred Osiajee Texfab from trading shares. The regulator found a coordinated scheme to artificially inflate the company’s stock price. Evidence showed a nearly tenfold surge in share value despite negligible textile revenue. Investigations revealed synchronised trades and financial…
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India’s private credit sector could reach USD 100 billion by 2050. This expansion is driven by a maturing ecosystem and growing domestic capital pools. Family offices and UHNIs are increasingly seeking alternative asset classes. Regulators are adopting a calibrated approach…
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The Ministry of Corporate Affairs extended the CCFS-2026 scheme until August 31, 2026. This extension follows a fire at its data centre which disrupted online filing services. The scheme offers companies a chance to regularize long-pending statutory filings at reduced…
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All operating Central Public Sector Enterprises must now route MSME invoice settlements through RBI-authorised TReDS platforms, as earlier announced by Finance Minister Nirmala Sitharaman during Union Budget 2026-27.
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Bank credit growth is expected to moderate gradually in FY27 as large companies increasingly shift to bonds and overseas borrowings, aided by the Reserve Bank of India’s recent measures that have reduced the cost of overseas borrowings, according to a…
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