The Indian government is taking action against non-profits holding unused foreign funds. Registrations are being cancelled for organizations that have not utilized foreign donations received years ago. A new bill aims to further tighten controls, potentially freezing funds and restricting asset management for these entities. This signals a shift towards greater accountability in the non-profit sector.
ideaForge shares jump 7% as firm swings to profit in Q2, revenue soars 124% YoY
ideaForge shares surged over 7% after the company reported a turnaround to a Q2 FY27 net profit of Rs 6.46 crore, while revenue jumped 124%