The Securities and Exchange Board of India (SEBI) has issued an administrative warning to Manappuram Finance Ltd Chairman and Managing Director, V.P. Nandakumar, for delayed disclosure of share pledge transactions, the company said in a regulatory filing on Saturday.
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Earnings analyses reveal a sector transitioning rapidly away from traditional effort-based delivery. AI-driven productivity is causing revenue deflation in legacy services. However, this near-term compression is being offset by a multi-billion-dollar surge in new AI-native engagements, prompting a decisive shift…
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CEAT Limited has received a favourable order from the Commissioner of CGST & Central Excise, Mumbai Central, quashing a ₹276.7 crore differential excise duty demand. The proceedings, initiated by DGCEI, alleged that assembling tyre sets constituted “manufacture” or a pre-packaged…
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India’s Index of Industrial Production (IIP) growth is expected to have moderated sharply to 2% year-on-year in March 2026, down from 5.2% in February and 3.9% in March 2025, as broad-based weakness in manufacturing and energy sectors weighed on output…
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India’s top software exporters are facing investor concerns over growth, with Infosys and HCL Technologies reporting results below expectations. This downturn, exacerbated by a weak global economy and AI disruption, has led to a significant drop in the IT sector’s…
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An Indian court has paused a major antitrust investigation into Steel Authority of India. The company challenged the Competition Commission of India for procedural errors. SAIL argued it was cleared in an initial report but a further probe was wrongly…
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