Sify Data-Center Unit Is Said to Plan $500 Million IPO
The unit, Sify Infinit Spaces Ltd., plans to file a so-called draft red herring prospectus with the Securities and Exchange Board of India in the coming weeks, according to people, who asked not to be named discussing a private matter. The company, backed by Kotak Private Equity Group, is considering the sale of new and existing shares for the offering, which would value it at about $3 billion, they said.
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Newsweek
9 hours ago
- Newsweek
US India Trade Talks Called Off: Reports
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. A scheduled trip by a U.S. trade delegation to India later this month has been called off, according to reports. Several rounds of talks on a bilateral trade deal between the U.S. — the world's largest economy — and India, the world's most populous nation and itself a major economic power, have so far failed to yield an agreement. An executive order from U.S. President Donald Trump, issued earlier this month, slapped India with an additional 25 percent tariffs over its Russian oil purchases, bringing the overall tariff on Indian imports into the U.S. to 50 percent. This will come into effect on August 27. India's foreign ministry called the move "unfair, unjustified and unreasonable" at the time. Newsweek has approached the Indian Ministry of External Affairs and the U.S. Trade Representative for comment via email sent outside of regular working hours. U.S President Donald Trump and First Lady Melania Trump welcome Prime Minister Narendra Modi of India on the South Portico of the White House in Washington, DC, on June 26, 2017. U.S President Donald Trump and First Lady Melania Trump welcome Prime Minister Narendra Modi of India on the South Portico of the White House in Washington, DC, on June 26, 2017. Olivier Douliery/ Abaca/Sipa via AP Images U.S. trade negotiators were expected to visit New Delhi between August 25 and 29, and a revised date has not been confirmed, Reuters reported, citing an anonymous source with direct knowledge of the matter. Unnamed sources told Indian broadcaster NDTV Profit that the talks would likely be rescheduled. India's external affairs minister, Subrahmanyam Jaishankar, told Newsweek in June he was hopeful for a deal as "very intricate" trade negotiations continued. This is a breaking story. Updates to follow.
CNBC
15 hours ago
- CNBC
U.S. delegation's India visit reportedly called off as trade tensions simmer
A scheduled visit by U.S. trade representatives to New Delhi later this month has been called off, according to Indian news broadcaster NDTV Profit. The visit that was expected to take place between Aug. 25 and Aug. 29 will likely be rescheduled, NDTV reported, citing people familiar with the matter. The report comes at a time when trade relations between the two countries have soured with U.S. President Donald Trump imposing a 25% blanket tariff on Indian exports, and topping those with another 25% duties — expected to come into effect on Aug. 27 — as a "penalty" for India purchasing Russian crude. Both sides are in contact with each other, but a new schedule for talks not been finalized, the report said. Trump's cumulative 50% tariff rate on India is among the highest on any of the U.S.' trading partners, and has drawn a sharp response from New Delhi. India has said it was being targeted unfairly, while calling out the EU and the U.S. on their continuing trade with Russia. "It is revealing that the very nations criticizing India are themselves indulging in trade with Russia. Unlike our case, such trade is not even a vital national compulsion [for them]," the country's foreign ministry said in a statement earlier this month. India's Ministry of Commerce and Industry, and the Office of the U.S Trade Representative did not immediately respond to CNBC's request for comments. The U.S. is India's single largest export partner, with nearly 20% of its overall exports, or $86.51 billion worth of goods, shipped to the U.S. in fiscal year ended March 2025, according to the latest official data. Read the full NDTV story here.
Time Business News
a day ago
- Time Business News
Beginners Guide to Business Consulting Firms in Gurgaon
In today's competitive world, running a business successfully requires more than just a great idea. You need strategic planning, financial management, digital presence, and compliance support to grow sustainably. That is why business consulting firms in Gurgaon are becoming the backbone for startups, SMEs, and large enterprises. They guide businesses through challenges, provide expert advice, and implement solutions that ensure long-term success. If you are new to the concept of consulting services, this beginner-friendly guide will help you understand what business consulting firms do, why Gurgaon is a hub for such firms, and how a trusted partner like Concat can support your journey toward growth. Business consulting firms are organizations that provide expert advice to businesses in various areas such as finance, operations, marketing, human resources, and technology. Instead of hiring multiple full-time experts, businesses can hire consultants who bring specialized knowledge and tailor solutions for specific needs. For example: If you want to expand your business into international markets, a consultant can prepare an expansion strategy. If your company struggles with online visibility, digital marketing consultants can boost your presence. If compliance with HR laws is a challenge, HR consulting experts can manage it for you. Simply put, consulting firms act as partners who solve problems, optimize processes, and unlock growth opportunities. Gurgaon, also known as Gurugram, has transformed into a thriving corporate and startup hub in India. Its proximity to Delhi, modern infrastructure, and presence of multinational corporations make it an attractive city for businesses. Here are some reasons why business consulting firms in Gurgaon are in high demand: Corporate Ecosystem – Gurgaon is home to global giants, IT companies, and emerging startups, all of which require consulting services. Talent Pool – The city has skilled professionals in finance, law, digital marketing, and IT. Global Exposure – Many consulting firms in Gurgaon serve clients across the world, bringing international expertise to Indian businesses. Accessibility – With easy connectivity to the airport and major highways, Gurgaon is convenient for both domestic and international clients. This makes Gurgaon a natural choice for businesses looking for expert consultants. A beginner may think consulting is only about giving advice. However, it is much more than that. Consulting firms in Gurgaon offer diverse services, such as: Business Strategy Consulting – Designing roadmaps for growth, market entry, and business expansion. Finance Consulting – Services like virtual CFO, taxation guidance, and budgeting. Human Resources Consulting – Outsourcing HR functions, ensuring compliance, and managing employee relations. Digital Marketing Consulting – SEO, content marketing, social media, and online branding. Legal and Compliance Consulting – Virtual legal officers, contract management, and regulatory compliance. Technology Consulting – Digital transformation, IT infrastructure management, and virtual CIO services. By combining these services, consulting firms create 360-degree solutions that address every business challenge. While many firms operate in the city, Concat has established itself as a trusted name in the consulting space. With offices in India and Dubai and clients across the USA, UK, Australia, and Canada, Concat offers global-quality services tailored for local businesses. Here's why Concat is a preferred partner for many companies: Comprehensive Services – From business strategy to HR outsourcing, from virtual CFO to digital marketing, Concat provides an end-to-end suite of services. – From business strategy to HR outsourcing, from virtual CFO to digital marketing, Concat provides an end-to-end suite of services. Expert Team – The consultants at Concat have years of experience across industries, ensuring practical and results-driven solutions. – The consultants at Concat have years of experience across industries, ensuring practical and results-driven solutions. Global Reach – Working with international clients gives Concat a unique edge in providing insights that align with global standards. – Working with international clients gives Concat a unique edge in providing insights that align with global standards. Customized Approach – Instead of a one-size-fits-all model, Concat designs strategies that suit your unique business goals. – Instead of a one-size-fits-all model, Concat designs strategies that suit your unique business goals. Focus on SMEs and Startups – Concat understands the challenges faced by small and medium businesses and helps them scale sustainably. For businesses in Gurgaon, Concat acts as a one-stop partner for growth, compliance, and digital transformation. As a beginner, you might ask, 'Do I really need a consulting firm?' The answer is yes, especially if you want to save time, avoid costly mistakes, and accelerate growth. Here are a few scenarios where hiring a consulting firm can help: When expanding into new markets – Consultants can conduct market research and prepare a go-to-market plan. – Consultants can conduct market research and prepare a go-to-market plan. When struggling with finances – Virtual CFO services can help you manage cash flow, taxation, and compliance. – Virtual CFO services can help you manage cash flow, taxation, and compliance. When lacking HR expertise – Virtual HR services can handle employee policies, recruitment, and labor law compliance. – Virtual HR services can handle employee policies, recruitment, and labor law compliance. When your business lacks online presence – Digital marketing experts can strengthen your brand visibility. By outsourcing these tasks to experts, you can focus on your core business while ensuring other functions are professionally managed. If you are looking for business consulting firms in Gurgaon, here's a simple step-by-step process: Define Your Needs – Do you need finance consulting, HR services, or digital marketing? Research Firms – Shortlist firms with proven experience and strong client testimonials. Check Service Offerings – Ensure they provide both core and supporting services. Evaluate Costs – Compare service charges and choose a firm that offers value for money. Ask About Customization – Avoid firms that push generic solutions; look for personalized strategies. Start with a Trial Project – Test their expertise with a short-term project before committing long-term. When you follow these steps, firms like Concat will stand out for their credibility, expertise, and wide service offerings. In conclusion, business consulting firms in Gurgaon play a vital role in helping organizations grow and thrive in a competitive environment. Whether you are a startup seeking guidance, an SME managing compliance, or a large corporation aiming for global expansion, consulting firms provide the roadmap to success. Among these, Concat has built a strong reputation by offering end-to-end consulting services that cover finance, HR, legal, digital marketing, and business strategy. With its expertise, global experience, and client-focused approach, Concat is the ideal partner for businesses in Gurgaon and beyond. TIME BUSINESS NEWS
