LiveInfosys Bets on Cloud Business With Launch of Cobalt
Infosys Ltd has launched Infosys Cobalt, a set of services, solutions, and platforms to help its clients, mostly large enterprises, build new cloud-first capabilities. Cobalt helps...
Category : BUSINESS
RBL Bank to Raise Rs 1,566 Cr Through Preferential Allotment to Baring PE Asia
Private sector lender RBL Bank Ltd has said that it will raise Rs 1,566 crore through a preferential allotment of shares to a group of investors led...
Petronet Net Profit Fall by 7% to Rs 520.23 Crore in Q1 Results
Nation’s largest liquid gas importer, Petronet LNG Ltd., reported better than the expected profits in the April-June quarter. Due to Covid-19 pandemic, operations were impacted...
Citigroup Moves Court After Transferring $900 Mn by Clerical Error
On Wednesday, Citigroup Inc. asked a federal court to order Brigade Capital Management LP for returning $900 million worth of shares that the bank’s loan operations staff...
Following RBI Lifts, Bandhan Bank Shares Over 2% Gain
Tuesday saw Bandhan Bank shares increase over 2% upon the company saying the Reserve Bank has fully withdrawn the restrictions imposed on the private sector lender for...
Gadkari Lays Foundation Stone for Rs 3K Cr Highway Projects in Manipur
Union road transport and highways minister Nitin Gadkari on Monday laid foundation stones for 13 highway projects, with construction value worth Rs 3,000 crore, to...
IBM-Designed Power10 Chip to be Manufactured by Samsung
On Monday, a new processor chip for data centres was announced by International Business Machines Corp (IBM). This will reportedly manage to handle three times the...
Samsung to Move its Smartphone Production of $40 Bn in India
The South Korean Company Samsung is contemplating a plan to move a major part of its smartphone production to India from Vietnam and other countries. The idea...
National Infrastructure Pipeline Project to Assign Over Rs 100 L Cr
In a step towards speedy modernization of India Prime Minister Narendra Modi said that a new direction has to be given to the overall infrastructure development and...
New Executive Order By Trump Gives 90 Days to ByteDance to Divest Interest in TikTok Unit
Amidst concerns of safety of personal data and to exert pressure on the parent Chinese company President Donald Trump on Friday ordered ByteDance to divest within 90...