Author: V. Alure

Fino Payments Bank Ltd said on Friday, 27 February, that its Managing Director and CEO, Rishi Gupta, has been arrested under the CGST and SGST Act. The information was disclosed in an exchange filing.The bank said the investigation relates to business partners of the bank and not to its GST compliance. It also clarified that none of the bank’s officials is involved with the case and that officials are cooperating with the investigation.According to the details given by the bank, the arrest has been made only in respect of Rishi Gupta.“Presently, there is no impact on the bank. In case…

Committee Chairman Rep. James Comer (R-KY) (C) speaks during a press conference with committee members (L-R) Rep. Nancy Mace (R-SC), Rep. Glenn Grothman (R-WI), Rep. William Timmons (R-SC) and Rep. John McGuire (R-VA) ahead of former U.S. President Bill Clinton’s closed-door deposition with the House Oversight Committee at the Chappaqua Performing Arts Center on February 27, 2026 in Chappaqua, New York. David Dee Delgado | Getty ImagesRep. Nancy Mace on Friday said that Commerce Secretary Howard Lutnick should testify to the House Oversight Committee to answer questions about his association with notorious sex predator Jeffrey Epstein.”Howard Lutnick should take questions…

VertiGIS loses support for 1Spatial acquisition as investors sell Source link #VertiGIS #loses #support #1Spatial #acquisition #investors #sell

Block CEO Jack Dorsey announced that he was laying off 40 percent of the company’s workforce, citing improved efficiency from AI as the reason.In the post on X, Dorsey used all lowercase.”today we’re making one of the hardest decisions in the history of our company: we’re reducing our organization by nearly half, from over 10,000 people to just under 6,000,” Dorsey wrote in a post on X.Dorsey wrote that the company was strong and profitable, but that the move was being made because “something has changed,” noting that the “intelligence tools” the company is using and creating are creating “smaller…

“My relative also has no idea what they are being charged for these services.” Source link #fearful #ailing #relative #forced #assisted #living

  One way to look at the new series is as a shift from a grainy image to a higher-resolution one. The scene itself does not suddenly change, but the blur is reduced.   First, the revised framework relies more heavily on richer administrative data. Instead of depending mainly on infrequent surveys and broad indicators, it draws more systematically on modern digital records, such as GST-linked information, to capture activity signals with greater timeliness and coverage.   Second, the new system measures the everyday economy more dynamically. India’s household and unincorporated sectors — small firms, self-employment, local…

Luxury lifestyle brand Nicobar Designs is looking to sharpen its focus on segments like gifting and women’s evening wear as it marks a decade of its launch.   Founded by Simran Lal and Raul Rai, the first Nicobar store came up at Kala Ghoda in Mumbai in March 2016. In its 10 years, the brand has expanded to 31 ‘islands’.  Meanwhile, e-commerce operations contribute almost 40 per cent to the brand’s overall revenues.  “We wanted to create a brand from India for the world, while ensuring longevity that does not lead to wastage,” said Lal, who…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.OpenAI has closed a blockbuster funding round that could raise as much as $110bn and values the ChatGPT maker at $730bn, as the AI start-up tries to wrestle back its lead from rivals Anthropic and Google.Nvidia, Amazon and SoftBank all participated in the fundraising. The deal marks a stepping stone towards an IPO as early as the end of this year, according to people with knowledge of its plans.Friday’s funding round dwarfs a $30bn deal clinched by Anthropic this year and a…

Your Legacy is Now Life is not a search for meaning from others, it’s about the creation of meaning for yourself. For over 30 years Alan Weiss has consulted, coached, and advised everyone from Fortune 500 executives, state governors, non-profit directors, and entrepreneurs to athletes, entertainers, and beauty pageant contestants. That’s quite an assortment of people, and they run into the thousands. Most of them have had what we euphemistically call “means,” and some of them have had a lot more than that. Others have been aspiring and with more ends in sight than means on hand. Alan Weiss states:…

“ Calumet, Inc. ManojNair · February 27, 2026 Calumet, Inc. (NASDAQ: CLMT), a producer of specialty hydrocarbon products and renewable fuels, on Friday reported results for the fourth quarter of fiscal 2025.  Source link #Earnings #Summary #Highlights #Calumets #CLMT #earnings #report #AlphaStreet #News