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    Rupee rises 9 paise to close at 90.57 against US dollar
    Ugly scenes could have taken place had BJP MPs been allowed to confront oppn members in LS: Rijiju
    MIDASX Records Best Quarter Since Inception, 30% YoY Growth; SaaS Vertical Turns Cash-Flow Positive
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February 10, 2026
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Rupee gains to 90.57 amid equity inflows and weak dollar, offset by geopolitical tensions and importer dollar demand.
Rupee settled stronger by 9 paise at 90.57 against the US dollar after intraday trading between 90.48 and 90.77, supported by domestic equity gains and foreign inflows but capped by geopolitical tensions and importer dollar demand; market views expect a slight positive bias tempered by external risks and upcoming US economic data.
February 10, 2026
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Lok Sabha disruptions escalated after opposition incursions onto the treasury benches, prompting petitions and member suspensions.
Parliamentary discipline measures and petitions followed disruptions when opposition members advanced onto the treasury benches during the Motion of Thanks; BJP ministers said ruling party MPs were restrained from confronting them to preserve House dignity. The BJP's women MPs submitted a letter urging the Speaker to take the strongest action for alleged incursions, climbing of furniture and siege of the prime minister's seat. The Motion of Thanks proceeded without the prime minister's speech, and eight opposition members were suspended for the remainder of the Budget session for unruly behaviour.
February 10, 2026
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MIDASX posts 30% quarterly revenue growth; SaaS reaches breakeven and multi asset marketplace expands and scales operations.
MIDASX recorded 30% revenue growth in Q3 FY25-26 while its SaaS division reached breakeven, signaling cash flow positivity and enhanced unit economics. The company launched a B2B2C multi asset marketplace covering mutual funds, equities, debt and alternative products, onboarded 250+ IFAs, expanded headcount and opened a new Mumbai office, and plans to scale marketplace supply, add product manufacturers, expand AI workflows, and run nationwide events.
February 10, 2026
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Tirupati laddu ghee adulteration probe leads to money laundering case under PMLA over alleged illicit proceeds.
Enforcement Directorate registered a probe under the Prevention of Money Laundering Act into alleged proceeds of crime from a ghee adulteration scheme tied to Tirupati laddu production. The ED is examining the FIR and chargesheet from a CBI-led SIT that named 36 accused, and is investigating alleged hawala dealings, fund diversion and other financial channels used to generate or conceal illicit funds from the supply of chemically processed oil sold as ghee, valued at about Rs 250 crore.
February 10, 2026
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Advance search notice may allow destruction of electronic evidence, risking and hampering tax investigations in the digital age.
Challenge to search and seizure powers under Section 132 raises that prior notice may allow destruction of electronic evidence, risking investigative defeat, while petitioners assert excessive authority and third-party exposure; the court deferred further hearing and observed the powers are not uncontrolled.
February 10, 2026
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Andhra Pradesh exempts stamp duty and registration fees to facilitate BPCL refinery land transfers near Ramayapatnam Port.
The government exempted stamp duty of about Rs 17.6 crore and registration fees of about Rs 2.72 crore for transfer of 600.4 acres from APMB to APIIC and then to BPCL to facilitate a greenfield refinery, as part of incentives under the Andhra Pradesh Industrial Development Policy 4.0; the GO notes a valuation discrepancy between the registration authority and APIIC and treats the waived amounts as foregone state revenue.
February 10, 2026
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ACT Fibernet's AI SmartWiFi improved in-home broadband speeds, reduced support calls, and optimized device connectivity at scale.
ACT Fibernet's AI-powered ACT SmartWiFi , developed with Aprecomm, automatically optimizes in-home Wi Fi by steering smart TVs, laptops, and mobile devices to optimal channels, producing rapid measurable gains in throughput and stability; initial deployment across 250,000 homes yielded an average threefold speed increase and, at broader scale, reduced support calls and latency while improving video conferencing and streaming performance.
February 10, 2026
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Merck Tagore Award honours Lars Christian Koch for advancing Indo German cultural exchange on Tagore's musical legacy.
Merck India and the Goethe Institut / Max Mueller Bhavan India granted the sixth Merck Tagore Award to Professor Dr. Lars Christian Koch for his sustained contributions to Indo German cultural exchange concerning Rabindranath Tagore. The award, sponsored by Merck India and administered by the Goethe Institut, is part of Merck's global literary prizes and recognises writers and scholars who deepen cultural ties between Germany and India.
February 10, 2026
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Corporate India is rapidly scaling net-zero strategies and turning to sustainable finance and carbon markets to fund decarbonisation.
Corporate India shows broad confidence in achieving net-zero objectives, with most surveyed firms adopting net-zero strategies and increasing investments in emissions-reduction solutions. Sustainable finance-particularly green and sustainability-linked bonds and loans-is identified as a primary mechanism to mobilise capital for the transition, while carbon markets are expected to complement direct emissions reductions. Significant additional annual investment will be required, and enablers include scaling local manufacturing, expanding government support, and strengthening the financial sector's role in offering sustainable finance.
February 10, 2026
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IIFL Finance wins 'Changemakers 2026' award for cybersecurity excellence, strengthening digital trust and driving innovation.
IIFL Finance received the 'Changemakers 2026' award for its comprehensive cybersecurity framework that integrates advanced threat detection, continuous monitoring, intelligent automation and a zero trust mindset. Cybersecurity is embedded across technology architecture, product design and business processes as a security by design approach. The Company links ongoing investments in next generation security technologies, employee training and global partnerships to strengthen resilience, protect customer data and align technological innovation with governance and risk management.
February 10, 2026
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Japan's election may enable fiscal loosening and tax relief, influencing markets and central bank interest-rate expectations.
Japan's election gave the new administration capacity to implement fiscal loosening through tax relief and growth-oriented investment spending, measures noted by market commentators. These fiscal expectations have affected equity and currency markets, while upcoming U.S. jobs and consumer inflation reports may alter Federal Reserve interest-rate expectations and thus influence cross-border asset valuations and market stability.
February 10, 2026
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IBS selection process for MBA/PGPM uses a Micro Presentation and Personal Interview; apply with valid test scores by Feb 14.
ICFAI Business School's selection for the 2 year MBA/PGPM comprises a timed Micro Presentation (one minute preparation, three minutes total) and a Personal Interview assessing profile, goals and program fit; applicants must apply with valid CAT/XAT/NMAT/GMAT scores by the stated deadline and selection emphasises communication, structured thought, practical orientation and awareness of current affairs.
February 10, 2026
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Shriram Life debuts AI-created Rahul Dravid ads promoting the Flexi Shield plan's adjustable cover, premium holidays, and terminal illness advance.
Shriram Life used advanced AI to produce multilingual advertisements featuring Rahul Dravid, promoting the Flexi Shield term plan that allows customers to increase or decrease cover, take premium holidays, and receive 50% of the sum assured upfront on terminal illness while the policy continues without further premiums; the campaign emphasizes AI-enabled localized production and targeted regional marketing.
February 10, 2026
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Jewelry-watch hybrids for women combining jewelry aesthetics and reliable timekeeping, priced under Rs. 3,000 and sold direct-to-consumer.
Canon Quartz launched the Serenite Collection, a women's jewelry-watch range priced under Rs. 3,000 that combines jewelry aesthetics with everyday timekeeping. The line features balanced proportions, interchangeable straps, sapphire crystal elements, a curated colour palette, and reliable Japanese movements backed by 28 years of brand heritage. Positioned for Gen Z and millennial women, the collection is sold direct-to-consumer through canonquartz.com and Eternz.com to deliver jewelry-grade design at accessible pricing by bypassing traditional retail markups.
February 10, 2026
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APAC engineers accelerate AI adoption, prioritizing reliability, Edge AI integration, and addressing data and maintenance challenges.
APAC engineers are accelerating commercial scale AI integration-led by China's large scale deployments and Japan's emphasis on reliability-targeting applications like process automation, predictive maintenance, and anomaly detection while combining Edge AI and machine learning. Persistent challenges of data quality and continuous maintenance are driving investment in model optimization and data analysis to enable reliable, cost and power constrained deployments, with the survey of 1,200 engineers informing industry support strategies for semiconductor, design, and supply chain solutions.
February 10, 2026
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India private equity buyouts expand, emphasizing control-led investments, governance, structured financing and exit planning for scalable value creation.
The IVCA Buyouts Summit 2026 convenes market participants to examine how control capital is deployed and scaled in India, focusing on investment strategies for control transactions, governance and leadership transitions, operational value-creation, capital structuring (including leverage and private credit), and credible exit pathways. The forum emphasises practical experience sharing on structuring and running buyouts, the role of policy certainty and governance standards, and the institutional frameworks required to sustain and integrate large-scale control-led transactions into global private equity portfolios.
February 10, 2026
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Embassy Developments posts ~240% QoQ pre-sales growth; key RERA approvals and an occupancy certificate bolster FY26 outlook.
Embassy Developments recorded ~240% QoQ pre-sales growth to ~INR 1,392 crore and strong bookings and collections, launched multiple high-GDV residential and commercial projects, and achieved key RERA approvals plus an Occupancy Certificate for 239 senior-living units; management highlights prudent leverage, cash reserves, an estimated project surplus and a net operational cash margin while cautioning that forward-looking statements are subject to economic, regulatory and execution risks.
February 10, 2026
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Singhasan triple win strengthens Indian spirits' global recognition, supporting premiumisation, quality benchmarking and international market access.
Singhasan won three top distinctions at the World Drink Awards 2026, reflecting competitive performance in the Indian blended spirits category and signalling enhanced global recognition. Determined through blind tastings by an independent expert panel, the awards highlight Modi Illva's positioning through investment in craftsmanship, alignment with international quality benchmarks, and the influential role of independent competitions in driving trade confidence and distribution opportunities.
February 10, 2026
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State Budget presentation set by the Finance Minister as an inclusive, sector-spanning fiscal proposal for the coming year.
The Finance Minister will present the state Budget in the Assembly, marking her third consecutive annual Budget; the presentation initiates consideration of proposed expenditures and allocations for the forthcoming fiscal year during the ongoing Budget session and is described by officials as inclusive, covering multiple sectors and targeting youth, farmers, women and other social groups.
February 10, 2026
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PayU inFINity 3.0 accelerator offers fintech startups market access, compliance support, AWS credits, and investor connections.
inFINity 3.0 is a four-week fintech accelerator providing startups with structured access to PayU's payments infrastructure, merchant and banking partners, focused mentorship on Go To Market strategy and regulatory compliance, and Demo Day investor connections. Selected participants gain exposure to Atrium Ventures for potential early institutional capital and may receive up to $10,000 in AWS Activate credits subject to eligibility and credit-application timelines. Eligibility is limited to early-stage fintech startups seeking seed to Series A funding with less than $5 million raised.

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The USD 58B Strategic Reset: Space Matrix Delivers 5.98 Million Sq. Ft. as the Office Becomes India’s New Innovation Engine

February 11, 2026

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India, 11th February, 2026 - Space Matrix, a global leader in workplace design and build consultancy, today announced it has delivered 5.98 million sq. ft. of office projects, impacting approximately 60,000 lives in India during FY25. This milestone marks a decisive shift in the boardroom, as the office has evolved from a real estate cost into a high-performance ecosystem and a critical lever for workplace ROI. This achievement arrives as Global Capability Centers (GCCs), the backbone of India’s $58 billion workplace future, transition from cost-centric back offices into high-velocity engines for AI and digital transformation. This evolution marks a fundamental shift in the corporate landscape, with these centers moving from the “back-end” to the “boardroom,” and enterprises increasingly leveraging the physical environment as a powerful tool for talent acquisition and operational excellence.

An ISG 2023 study cautioned that nearly four in ten GCCs actually hinder employee experience, resulting in a 39% engagement gap. For organizations scaling at speed, this turns growth itself into a strategic risk. Space Matrix is addressing this challenge by replacing traditional silos with future workplace design centered on human energy and cognitive performance. Gartner research shows that transitioning to a human-centric work design can increase employee engagement by up to 51%, while decreasing employee fatigue by 44%.

By prioritizing this "Design Dividend," Space Matrix has changed the GCC floorplate in FY25: ● Behavioral Flexibility: 50–75% of projects now utilize unassigned seating, transforming the office from a fixed desk model into a fluid "Community Anchor".

● Certified Wellness: 95–97% of projects integrate wellness and recovery rooms as standard strategic infrastructure to drive a 28% improvement in overall performance.

“FY25 marked a period of consolidation where organizations replaced post-pandemic experimentation with disciplined planning,” said Akshay Lakhanpal, CEO – India, Space Matrix. “We are seeing a 'Design Dividend' where every square foot is optimized for performance.

Delivering 5.98 million sq. ft. is a narrative of how brand experience and employee experience have become the primary benchmarks for business success”.

Space Matrix brings its vision to life by transforming the workplace into a positive catalyst where people thrive, businesses grow, and the planet is protected. This year, that commitment unlocked a new benchmark in excellence, with global recognition from the International Property Awards, Archello Awards and Muse Awards.

This momentum extends beyond design: ● Business Growth: Recognized as one of the Top 50 Fastest-Growing Organizations in Singapore (E50 Awards).

● Human Excellence: Secured Bronze in Enterprise Learning Strategy of the Year, Silver in Most Inclusive Learning & Leadership Environment and Gold in Learning Impact on Business Transformation honors from People Matters, reinforcing a commitment to employee excellence.

● Planet-Positive Impact: Through the Re-source programme, the firm recycled 67% of construction waste (1,075+ tonnes), proving that strategic growth and environmental stewardship are inseparable.

As India enters its next phase of growth, Space Matrix continues to align future workplace design with long-term resilience. By treating the workplace as a strategic performance partner, the firm is ensuring that India’s next billion square feet are built with a singular mission to: #maketheworldabetterplacetowork.

About Space Matrix Founded in 2001, at Space Matrix, we design conscious workplaces that create positive and sustainable business impact through design thinking. We believe in leveraging the power of data and cutting-edge analytical tools to create impactful solutions for the clients. Our vision is to build flourishing communities at work that drive human potential.

With project experience in over 100 cities and 19 office locations in Australia, China, India, the Philippines, Thailand, Dubai the United States and Singapore (HQ), we rank #2 in the Interior Design Magazine's International Design Giants 2024 and have won multiple International Property Awards. Teamwork, Integrity, and Excellence guide our 600+ professionals globally, while we continue to push the boundaries in workplace transformation.

Great employees are your company's storm shield. We design workplaces – the operating system of your organisation – to amplify culture, spark innovation, and foster collaboration. The resilience to ride through storms and the ability to bounce back comes to a great extent from their employees. Workplace design involves aligning the space to a company's functional and cultural needs; it is a powerful tool for creating engaging, innovative, flexible, and creative work environments. A great work environment inspires them to give their best.

(Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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