Page 3 - Bs Reporter

Trai-RBI launch pilot to let users manage legacy promo consents; curb spam

Trai and RBI will begin a pilot with telcos and 11 banks to let select users digitally view, modify or revoke legacy consents for promotional communications via SMS sent from the short code 127000

Scindia, Starlink V-P Dreyer discuss ways to speed up digital inclusion

Starlink executive Lauren Dreyer met Jyotiraditya Scindia after a website glitch briefly displayed India pricing; talks focused on satcom-led last-mile connectivity as Starlink awaits approvals

Sebi eases re-KYC norms for NRIs; relaxes geotagging mandate for compliance

Sebi eases re-KYC rules for NRIs as markets fall ahead of the Fed decision, investors pile into Swiggy's share sale, and IPO frenzy continues with strong subscriptions

SIR opposed to keep illegal immigrants on poll rolls, says Amit Shah

Shah attributed the Opposition's protest against the SIR to the incompetence of its leadership to win elections, and not Electronic Voting Machines or 'vote chori (theft)'

Saviynt raises $700 mn Series B at about $3 bn valuation; KKR leads round

Saviynt has raised $700 million in Series B funding at a $3 billion valuation, led by KKR, to speed up product development, AI capabilities and deeper integration with hyperscalers, software platforms

JSW Paints completes majority buy in Akzo Nobel India; stake at 61.2%

JSW Paints has completed the acquisition of 60.76% in Akzo Nobel India from Akzo Nobel N.V. and affiliates, taking its holding to 61.2% after buying an additional 0.44% via an open offer

TCS signs pact to buy Coastal Cloud for $700 million in all-cash deal

Tata Consultancy Services has signed an agreement to buy 100% of Coastal Cloud for $700 million in cash, adding 400+ Salesforce professionals and strengthening its advisory

Virtusa buys SmartSoC to expand into semiconductor engineering services

Virtusa has acquired Bengaluru-based SmartSoC Solutions for an undisclosed sum to deepen chip design, verification and embedded engineering capabilities as it targets end-to-end services

Centre has no list of future project cancellations: Pralhad Joshi

The Centre has not cancelled any renewable energy project awards and has prepared no list for future cancellations, MNRE minister Pralhad Joshi told Parliament in a written reply

Supreme Court questions inclusion of CAA applicants in electoral rolls

Supreme Court says citizenship must be granted before applicants can be added to electoral rolls, declining to fix timelines for pending CAA applications

Adani Enterprises' ₹24,930 cr rights issue 90% subscribed ahead of close

AEL had outstanding loans of ₹1.1 trillion at the end of September 2025, up from ₹80,400 crore a year ago

SAT upholds Sebi's interpretation of RPT norms in Linde India case

The ruling reinforces Sebi's framework for evaluating large RPTs and is expected to have implications for how listed companies structure and disclose dealings involving related parties

Diversifying exports to mitigate tariff impact; policy push to sustain mfg

Ahead of PM Narendra Modi's Jordan-Ethiopia-Oman tour, the government highlighted efforts to diversify exports and sustain manufacturing momentum, citing export and IIP growth trends

Markets fall for second day as Fed caution, IT drag and FPI outflows weigh

Benchmarks fell for a second session as IT and heavyweight losses offset a broader recovery. FPIs sold Rs 3,760 crore while DIIs bought Rs 6,225 crore, with Fed cues in focus

Brokerages expect 15% tariff hike by Indian telcos from December 2025

Last tariff hike took place in July 2024; telcos have raised tariffs thrice since December 2019

Alternative credit NBFC BlackSoil Capital raises ₹65 crore from FMO

With this equity round, BlackSoil Capital further consolidates its position as a specialised, institution-grade lender

Sebi settles case against TV market expert Hemant Ghai for ₹1.45 crore

A show-cause notice issued in February had accused him of violating provisions of the Sebi Act and the Prohibition of Fraudulent and Unfair Trade Practices (PFUTP) Regulations

Sebi launches PaRRVA to verify past returns, curb misleading claims

Sebi has launched PaRRVA, a pilot mechanism by Care Ratings and NSE to verify past returns claimed by registered intermediaries, aiming to curb misleading finfluencer claims

Fino PB shares tank 12% despite RBI approval FOR transition into SFB

Profit-taking and a broader selloff drive the record fall, even as the bank gets 18 months to transition into a small finance bank with a cautious lending plan

Parliamentary committee asks govt to remove solar power constraints

The panel, headed by chairperson Shrirang Appa Barne, has also asked the government to address the slow pace of implementation of solar sector schemes, and work out a PLI scheme