Svatantra Microfin flags 1,160 pc jump in operating cash outflow, high unsecured loan exposure, other risks in IPO papers

IANS | August 14, 2026 1:52 PM

New Delhi, Aug 14 (IANS) Svatantra Microfin Ltd -- promoted by Ananya Birla and Antimatter Media Pvt Ltd -- has filed draft papers with the Securities and Exchange Board of India (SEBI) to raise up to Rs 3,000 crore through an initial public offering but the draft red herring prospectus (DRHP) highlights several business, operational and governance risks.

Software technology parks record over Rs 7.73 lakh crore worth exports in FY26

IANS | August 14, 2026 1:42 PM

New Delhi, Aug 14 (IANS) The Centre’s Software Technology Park (STP) scheme, which has accelerated the expansion of India’s IT sector, has emerged as a major foreign exchange earner for the country with annual exports surpassing Rs 7.73 crore in financial year 2025-26, according to information tabled in Parliament by the Ministry of Electronics & IT.