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SIM-binding to plug security gap: Govt

Financial Express Kochi

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December 02, 2025

PEGGING CYBER-FRAUD losses at over 22,800 crore in 2024 alone, the government on Monday said its latest directions on mandatory, continuous SIM-device binding for use of messaging apps are “essential to plug a concrete security gap” that cybercriminals are exploiting to run large-scale, often cross-border, digital frauds.

The direction does not affect the cases where the SIM is present in the handset, and the user is on roaming, the Ministry of Communications assured in a release.

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Financial Express Kochi

IOC Q3 net jumps over fourfold to ₹12,126 cr

STATE-RUN REFINER INDIAN Oil Corporation on Thursday reported a more than fourfold jump in its standalone net profit for the December quarter, driven by a sharp improvement in refining and marketing margins and higher fuel sales, even as its petrochemicals business continued to remain under pressure.

time to read

1 min

February 06, 2026

Financial Express Kochi

‘Our capex for FY27 will be around ₹25,000 crore’

Tata Power posted a 25% yo-y drop in net profit to ₹772 crore in Q3FY26 and its revenues fell 9.4% yo-y to ₹13, 948 crore.

time to read

1 mins

February 06, 2026

Financial Express Kochi

Drug trials with non-animal testing can cut costs by 90%

A SHIFT TOWARDS non-animal methods (NAMs) can significantly reduce the timelines and costs associated with drug development, said a multi-stakeholder report released on Thursday.

time to read

1 min

February 06, 2026

Financial Express Kochi

Heavy industry to gain from carbon capture push

INDIA HAS PLACED one of its biggest industrial climate bets yet committing ¥20,000 crore over the next five years to scale up carbon capture, utilisation and storage (CCUS) — signalling a decisive shift from climate pledges to capital-backed execution in sectors that drive both growth and emissions.

time to read

2 mins

February 06, 2026

Financial Express Kochi

‘WORLD MOVING TO NEW GLOBAL ORDER’ World confident of stability after trade deals with EU, US: PM

INDIA REACHING

time to read

2 mins

February 06, 2026

Financial Express Kochi

Fitch revises Axis Bank outlook to positive

FITCH RATINGS ON Thursday revised the outlook on Axis Bank’s long-term issuer default rating (IDR) to ‘positive’ from ‘stable’, and affirmed the IDRat ‘BB+’.

time to read

1 min

February 06, 2026

Financial Express Kochi

PhysicsWallah net profit jumps 33%

LISTED EDTECH MAJOR PhysicsWallah reported a 34% year-on-year increase in revenue from operations to ₹1,082.4 crore for Q3FY26.

time to read

1 min

February 06, 2026

Financial Express Kochi

Centre widens startup definition to include deeptech; turnover limit up

THE GOVERNMENT HAS expanded the scope of the Startup India programme by formally recognising deep technology companies as a distinct category, while also easing eligibility norms for the broader startup ecosystem by raising the turnover threshold.

time to read

1 min

February 06, 2026

Financial Express Kochi

PVR Inox profit rises 166% on festive boost

PVR INOX SAW its consolidated net profit rise 1.6 times to nearly %96 crore in the

time to read

1 min

February 06, 2026

Financial Express Kochi

‘We will deliver sustained growth next year also’

Godrej Properties saw a 20% yo-y jump in profit in Q3FY26 at ₹195 crore and its revenues fell 49% to ₹498 crore.

time to read

1 mins

February 06, 2026

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