A “malicious threat actor” gained access to a third-party, cloud-based system used by Allianz.
Besides the fund raising plan, the bank is betting big on its UPI related payments proposal, as it is currently working on developing an IND-UPI application, similar to the services provided by PhonePe, GPay or PayTM
A consortium led by Multiples Alternate Asset Management seeks CCI approval to acquire a 32% stake in VIP Industries from the Piramal family, triggering an open offer for an additional 26% stake. Valued at ₹1,437.78 crore assuming ful ...more
The RBI set the final redemption price for the Sovereign Gold Bond 2017-18 Series II at Rs 9,924 per gram, maturing on July 28, 2025, offering a return of 250.67%.
Tata Consultancy Services (TCS), India’s largest IT services firm, added 6,071 employees in the April–June 2025 quarter, bringing its total workforce to 6,13,069 as of June 30.
While we could establish a joint venture, my one regret is that we could not do an acquisition. We had various conversations but they did not translate into an acquisition. But hopefully Manish ( incoming CEO) will make it happen, s ...more
Tata Consultancy Services plans to reduce its workforce by approximately 2%, impacting over 12,000 employees due to economic uncertainties and AI-driven technological changes. The company will provide affected staff with severance benef ...more
FASTag Bank Transfer: The Reserve Bank of India (RBI) recently banned a payments bank. Now, many users are looking to transfer their linked services, like FASTag, to other banks. FASTag lets you move through toll plazas easily without stopping to pay tolls.
The upcoming electric SUV has already made its global debut last year. It has been positioned a step below EX40 and the EC40 Recharge.
TVS has launched a Captain America-inspired edition of its Ntorq 125 scooter, priced at Rs 98,117 (ex-showroom). Joining the Super Squad lineup, it features a camo-style graphic theme with red highlights, drawing from Captain America's ...more
Anant Raj Limited's Anant Raj Cloud has launched a 7 MW data center in Panchkula, Haryana, expanding its digital infrastructure.
Finance minister Nirmala Sitharaman indicated a potential thaw in India-China business relations, citing mutual interest in reviving economic engagement after years of tension. Following S Jaishankar's visit, both nations are exploring ...more
"At the beginning of this fiscal, we had estimated launch of ₹18,000 crore worth projects but with an acquisition of five land parcels in June quarter, we now have clear visibility of launches at about ₹25,000 crore for the entire ...more
Tata Consultancy Services (TCS) will reduce its workforce by 2%, impacting over 12,000 employees, to become more agile and future-ready, according to CEO K Krithivasan.
Among the mainboard IPOs, subscription for National Securities Depository Ltd's shares will start on Wednesday with an issue size of ₹4,012 crore; the price band is ₹760-800 per share
India's IPO market is set for a busy week, with 14 companies launching IPOs to raise over Rs 7,000 crore. NSDL's Rs 4,012 crore mainboard IPO leads the pack, followed by Aditya Infotech and Laxmi India Finance. Several SME IPOs and list ...more
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