The International Financial Services Centres Authority (IFSCA) has cleared a series of regulatory relaxations to ease operations for fund managers in GIFT City, along with a revamped framework for global in-house centres (GICs) and capital market intermediaries. Photograph: Amit Dave/Reuters
Benchmark equity indices Sensex and Nifty ended lower in a volatile trade on Wednesday as trading volumes remained subdued amid the year-end holiday-shortened week and mixed trends in global markets. Photograph: Shailesh Andrade/Reuters The 30-share BSE Sensex dropped by 116.14
The Reserve Bank on Wednesday postponed implementation of the second phase of the faster cheque clearance mechanism to provide more time to banks to streamline their operations. Photograph: Francis Mascarenhas/Reuters The second phase of the ‘Continuous Clearing and Settlement on
Motion JVCo Limited, along with Stonepeak and Canada Pension Plan Investment Board (CPPIB), has made an open offer to acquire up to 26% equity stake in Castrol India Ltd, according to a public announcement filed with the stock exchanges. The
Tata Consultancy Services (TCS), India’s largest IT services company, on Wednesday, December 24, said its board of directors will meet on Monday, January 12, 2026, to consider and approve the unaudited financial results for the December quarter (Q3FY26) and for
The insurance industry is trying to get to grips with provisions in the proposed Insurance Amendment Bill, which gives additional powers to the Insurance Regulatory and Development Authority of India (Irdai), while there is ambiguity in the very definition of
Quota-based duty concessions granted by India to New Zealand for apples, kiwifruit, and Manuka honey are linked to the delivery of agriculture productivity action plans committed by the island country under the free trade agreement. Image used for representation purpose
Leasing of retail space in shopping malls and high streets across India’s top eight cities is estimated to rise 15 per cent to nearly 9 million sq ft this year on increased supply amid high demand from retailers, according to
New Zealand has taken a binding commitment under its Free Trade Agreement (FTA) with India to amend its laws within 18 months of the pact’s implementation to facilitate the geographical indication (GI) registration of Indian goods besides wines, and spirits
HCL Technologies has announced its participation in Microsoft’s Discovery platform, an advanced agentic AI platform designed to accelerate scientific research and innovation across multiple domains. Through this collaboration, HCL Technologies will work with Microsoft to drive breakthroughs in areas such
