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Inside the Rs 3.73 billion fraud investigation shaking Nepal's business elite

Kathmandu, April 9 -- On a spring day in 2020, during the height of Nepal's Covid-19 lockdown, police stopped a vehicle bearing diplomatic number plates and found 67 thermal guns inside. The devices, ... Read More


Food takes centre stage in Ikea India's growth strategy

Bengaluru, April 9 -- At an Ikea store in India, a shopper's journey often ends where it quietly begins again-with a tray of food. "Food is a major driver of traffic for us. It's among the biggest re... Read More


The hard reset: Six months after the ban, real-money gaming firms try to rebuild from zero

Chennai, April 9 -- "Before the real money gaming ban, 95% of our revenue came from Dream11, and 100% of the profits. Now, we are just using yesteryear profits as cash," says Harsh Jain, chief executi... Read More


RBI issues circular on guidelines to facilitate faster cross-border inward payments

Mumbai, April 9 -- The Reserve Bank of India (RBI) has today issued the circular on Guidelines to facilitate faster cross-border inward payments. The RBI had issued a draft circular on the subject on ... Read More


TCS rides AI-led deal momentum, attrition risks linger

New Delhi, April 9 -- India's largest IT services exporter, Tata Consultancy Services (TCS), closed FY26 with stronger-than-expected quarterly performance, buoyed by North America demand, large deal w... Read More


Bangladesh to add 200 Indian broad-gauge coaches in potential Dhaka-north rail expansion

Dhaka, April 9 -- Bangladesh Railway is going to bolster its fleet with 200 broad-gauge coaches from India, a move likely to increase the frequency of intercity trains between Dhaka and northern distr... Read More


Mumbai's Adsmagnify Enters Version 2.0 With AI Upgrades and Expanded Academy as It Targets Stronger Client Delivery in 2026

New Delhi, April 9 -- The digital marketing agency in Mumbai, operating since 2016, is overhauling its infrastructure, AI systems, and training vertical to sharpen results for clients across India... Read More


Exclusive: True North, TA revive plan to sell ACT Fibernet in $1 bn deal

Mumbai, April 9 -- The owners of ACT Fibernet have decided to sell the company for around $1 billion, three people familiar with the development said, five years after a failed deal to sell the broadb... Read More


Increased pre-election spending could erode Nigeria's reform gains - World Bank

Nigeria, April 9 -- The World Bank has warned Nigeria about increased pre-election spending, saying it could undermine gains from recent fiscal reforms and higher oil revenues. The bank issued the ad... Read More


INR settles lower as oil jumps amid uncertainty surrounding war developments

Mumbai, April 9 -- The Indian rupee depreciated 5 paise to close at 92.59 (provisional) against the US dollar on Thursday, as the situation in West Asia remains fragile, keeping investors wary of the ... Read More