Developers pivot to offer GCCs more than just offices
Setting up a GCC in India involves creation of an ecosystem comprising physical infrastructure, people and business operations, said Arjun Aggarwal, managing director at Bhartiya Urban.
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The Indian Card Clothing company appoints Sanjeevkumar Karkamkar as CFO
The Indian Card Clothing Co. Ltd. has appointed Sanjeevkumar Karkamkar, the current Executive Director, as the new CFO, effective April 30, 2025. This appointment follows the resignation of Dr. Sriram Swaminathan. Karkamkar brings over 45 years of experience in finance…
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RBI instructs all banks, financial companies, and other regulated entities to use PRAVAAH portal from 1st May
The Reserve Bank of India (RBI) mandates the use of the PRAVAAH portal for all regulatory applications from May 1, 2025, for banks, financial companies, and regulated entities. This directive aims to streamline the application process, enhance transparency, and ensure…
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For Reliance Retail, shoring up margins an open-and-shut case
Reliance Retail strategically closed 2,155 stores in FY25 to enhance operational efficiencies and margins, more than doubling closures from the previous year. Despite these closures, the company opened 2,659 new stores, resulting in a net addition of approximately 500 outlets.…
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Paytm’s First Games to file writ on GST notice amid industry-wide dispute
Paytm’s parent company, One97 Communication Ltd, has said that its subsidiary, First Games Technology Private Limited, received a show-cause notice from the Directorate General of GST Intelligence (DGGI).
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Tariff war shows Asian nations need new trade partners: ADB Head
The Asian Development Bank’s president advises Asian nations to diversify trade partners and strengthen domestic demand to weather the global trade war.
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