Page 293 - Bs Reporter

Wipro sells stake in Denim Group for $22.42 mn, acquires stake in Squadcast

Wipro, in 2018, had acquired 33.33 per cent stake in Denim Group, an independent application security firm, for $8.83 mn

70 brands partner with 'Myntra for Earth' to offer sustainable fashion

Nearly 62% visitors to the 'Myntra For Earth' store are women, with metro cities contributing about 40% of the overall visits to the store

53% Indians dodged office calls feigning devices were updating: Kaspersky

Kaspersky says the excuses are plausible in some cases because software updates can disrupt workdays

Zoho's CRM offering Bigin adds 7,500 customers in a year since launch

Bigin is also releasing an industry-first mobile pipeline view, to help small businesses foster customer ties while recovering from effects of Covid-19

HDFC Bank deploys mobile ATMs across 50 cities in India amid Covid-19

These ATMs have been deployed in various metros and non-metros in view of the restrictions imposed by Covid-19, the bank said.

Second wave of Covid-19 to increase bad debts of NBFCs, HFCs: ICRA

According to the rating agency, 25-30 per cent of collections done by NBFCs and HFCs happen through field visits and largely via cash

Noel Tata, Pramit Jhaveri front runners to join Tata Sons board

Noel, half brother of Tata group patriarch Ratan Tata, was inducted on the board of Tata Trusts in 2019 for three years

India tops ransomware attacks globally with 68% entities impacted: Sophos

67% Indian organisations whose data was encrypted paid to get their data back

Adani, GMR among firms in next round for Mumbai's CSMT rly station revamp

Redevelopment cost pegged at Rs 1,642 cr; project to be executed on design, build, finance, operate and transfer (DBFOT)-basis

Second Covid wave to push up NPAs for NBFCs, impact collections: Icra

ICRA said NBFCs reported NPAs to increase to about 4.5-5 per cent by March 2022

Amid Covid, HDFC Bank deploys mobile ATMs across 50 cities in India

These ATMs have been deployed in various metros and non-metros in view of the restrictions imposed by Covid-19

ITC Infotech to cover Covid-19 jab cost for entire global staff, dependents

The company is also helping employees scout for hospital beds, access medicines and arrange for plasma & oxygen cylinders pan-India, including remote areas

RDSO and BIS to jointly set norms for goods and services used by Railways

Alliance is under One-Nation-One-Standard mission of BIS

Cognizant starts Covid vaccination drive for 650,000 staff and dependents

Ensures delivery of 1,000 oxygenated beds, ventilators, life-saving supplies with $8.5 mn relief funding

IIT Madras-incubated GalaxEye raises pre-seed from Speciale Invest

GalaxEye said it will use the funds to strengthen its space technology and build a "world class team" India.

Edtech startup Avishkaar raises Rs 5 crore of funding in pre-series A

Avishkaar plans to utilize the funding towards product development and further expansion of its portfolio in addition to hiring talent

Serum Institute's Adar Poonawalla appointed chairman of Magma Fincorp

Vijay Deshwal, currently with ICICI Bank as its business head, will take charge as CEO of Magma Fincorp in July

CII elects Tata Steel CEO and MD T V Narendran as its new president

In a statement, it said that Narendran has been engaged with CII for many years at the state, regional and national level

Order book position of road EPC firms to get better, says CRISIL

Asset monetisation in the roads sector will see an acceleration as EPC companies in this space pursue growth

RBI slaps Rs 10 cr fine on HDFC Bank over violations in auto loan portfolio

The RBI acted on the matter after it received a whistleblower complaint regarding the irregularities in the auto loan portfolio of the bank