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  • IndiQube Posts Stellar Q1 FY26 Performance with 303% Jump in Profit

    IndiQube Posts Stellar Q1 FY26 Performance with 303% Jump in Profit0

    IndiQube made an impressive debut as a listed company by delivering a standout Q1 performance: operating revenue soared to ₹313 crore, up 27% year-on-year, backed by a robust recurring income model. EBITDA almost doubled to ₹65 crore, and net profit surged by 303%, landing at ₹18.5 crore. Under Ind AS, the firm reported a ₹37 crore net loss—a variation largely due to depreciation and lease interest obligations.

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  • Tamil Nadu Sets Up SPV to Manage Co-Working Centres With Built-In Job Linkages

    Tamil Nadu Sets Up SPV to Manage Co-Working Centres With Built-In Job Linkages0

    Tamil Nadu is launching a Special Purpose Vehicle (SPV)—a privately operated but government-funded entity—to oversee 30 upcoming co-working centres. This SPV will run independently, ensuring seamless operations regardless of political or bureaucratic turnover. It will also integrate recruitment services into each centre, offering free job placement support via online and on-site platforms, helping users connect with employers directly.

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  • S&W Raises SEBI Alert: Alleged Non-Disclosures by Embassy REIT & IPO-Bound WeWork India

    S&W Raises SEBI Alert: Alleged Non-Disclosures by Embassy REIT & IPO-Bound WeWork India0

    Sterling & Wilson Renewable Energy (S&W) has filed formal complaints with SEBI alleging that both Embassy Office Parks REIT and WeWork India failed to disclose a material, legally significant development—a ₹100 crore payment dispute connected to a solar project. Additionally, S&W has invoked SEBI’s “fit and proper person” norms, seeking removal of key promoters due to pending criminal prosecution. The Embassy Group has strongly denied the allegations.

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