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Rocket Software eyes $1 bn turnover in 18 months, to expand India presence

US-based firm's current revenue at $800 mn; company hopes to grow India customer base by 2-3x

With NSE for years, Ramamurthy now set to take over as BSE chief on Jan 4

He is among the early architects of NSE, handling various positions from 1995 to 2014; Till recently, he was Chief Operating Officer-India at Bank of America

CASA drives 9.4% YoY moderation in deposit growth even as FDs stay buoyant

Credit growth sustains momentum at 17.4%, but it has come off the peak

Tata Motors completes Rs 725 cr acquisition of Ford's Sanand plant

All eligible employees of Ford India's vehicle making plant have been offered jobs at TPEML on terms, conditions and benefits of service similar to those currently availed by them

TAFE acquires Group Forvia's Indian interior systems business Faurecia

Deal size not disclosed; transaction for two sites completed, third likely to close soon

Dish TV appoints ex-bureaucrat Lalit Behari Singhal as independent director

Earlier this month, Dish TV had announced the appointment of three new independent directors to the company's board

Trai recommends 10-year renewal for multi-system operators' registrations

The authority recommends that all such registrations should be deemed to expire after eight months from the date of implementation

Tamil Nadu CM Stalin inaugurates second unit of TNPL hardwood pulp mill

The project will create direct and indirect employment opportunities for 500 persons, the company said

Ex-ITDC MD G Kamala Vardhana Rao takes charge as CEO of FSSAI

Rao, a 1990 batch IAS officer from Kerala cadre, was previously the managing director of the Indian Tourism Development Corporation

RBI imposes penalty of Rs 13.9 lakh on Mynd Solutions for non-compliance

Non-promoter shareholding in the company exceeded the 10% ceiling prescribed for TReDS operators

Blinkit to deliver boAt headphones and accessories within minutes

Select boAt products such as TWS, Neckbands, Portable Bluetooth Speakers, and Wired Earphones are now available on Blinkit

GST officers to seek details of all invoices in case of ITC mismatch

The CBIC issued circular clarifying guidelines on recovery proceedings for the period 2017-18 and 2018-19

Only 8.2% of 463 million Jan Dhan accounts are zero balance: RBI report

81.2% were operative as of August 2022, up from 76% in 2017

829 mn cyber attacks blocked; 59% of targeted websites in India: Indusface

Mid-market firms with revenues of $10 million to $1 billion faced 45% of attacks; only 21% were large ones with over $1 billion in revenue; smaller firms suffered 34% of attacks

RBI to migrate payments fraud reporting module to Daksh on January 1

Reporting on the existing Electronic Data Submission Portal (EDSP) to stop completely once migration happens

Blue-collar hiring start-up Apna reports 60% jump in job postings in 2022

Tier 2 cities recorded most job postings by small and medium businesses, says company

LIC Housing Finance raises lending rates by 35 bps, cites market conditions

'Good sustenance in home buying', says mortgage lender in statement

Fintech firm PayU lays off 150 employees, says it's realigning teams

6% of total workforce of Prosus-backed firm reportedly asked to go

This city booked most number of Uber services in 2022; Bengaluru is second

Chandigarh among top five cities in terms of fastest average speeds, according to 'How India Ubered in 2022'

Money View raises $75 mn in Series E by Apis Partners, valued at $900 mn

Founded in 2014, Money View provides personalised credit products and personal financial management solutions