Page 64 - Bs Reporter

Infosys announces acquisitions in consulting and cybersecurity space

Both the acquisitions are expected to close during the first quarter of financial year 2026 (i.e. quarter ending June 30, 2025), subject to customary closing conditions

Sify inaugurates South India's largest AI-ready data centre in Chennai

With an eventual capacity of 130 mega watt (MW), it is the only data centre in India with an on-site open cable landing station, providing enhanced global connectivity and network performance

Godrej Consumer opens its first vertical storage warehouse in Bhiwandi

This storage facility is spread across 2.84 lakh square feet

Bank Nifty gains 2.7% as savings deposit rate cuts lift margin outlook

HDFC Bank on Monday cut its savings interest rate by 25 basis points to 2.75 per cent for deposits of less than Rs 50 lakh - its first reduction after five years

Nifty Auto rises 3.4% as Trump hints at tariff exemption for auto imports

After Trump announced sweeping tariffs on April 2, the Nifty Auto index had dropped over 10 per cent.

Daikin India invests Rs 500 crore in new R&D centre in Rajasthan

The R&D centre will employ over 500 engineers and will have 22 new testing laboratories suitable for developing all heating, ventilation, air conditioning and refrigeration (HVACR) solutions

SC upholds NCLT order to begin insolvency against ex-DHFL promoters

A bench led by Chief Justice of India Sanjiv Khanna dismissed the Wadhawans' appeal against the NCLT order

Ananya Birla launches LOVETC to tap premium cosmetics market in India

"This strategic expansion follows Birla Cosmetics' launch of Contraband earlier this year," the company said in a release

Citizens Financial Group to set up its GCC in Hyderabad with Cognizant

The centre is expected to scale to a headcount of 1,000 information technology and data & analytics professionals by March 2026

Bank of India cuts home loan rates by 25 basis points, effective April 15

This move is aimed at making home ownership more accessible and affordable, in line with the bank's ongoing commitment to support customers in achieving their financial goals

Algo Rhythm: Energy demand of AI data centres 'to double' by 2030

Electricity generation to run data centres in 2024 was estimated to be around 415 TWh, which amounted to about 1.5 per cent of global consumption

Bank of India cuts interest rates on short and medium-term FDs

The decision came on Saturday (April 12) after the Reserve Bank of India cut the policy repo rate by another 25 bps to 6 per cent

Sree Kailas Group lines up new brand OneAlpha in industrial spaces sector

OneAlpha aims to deliver fast, customised and sustainable infrastructure solutions for manufacturers

India Inc makes progress in corporate governance, says IiAS study

Notably, no BSE 100 company fell into the "basic" (lowest) governance category for the first time

Madhur Bajaj, former vice chairman of Bajaj Auto, passes away at 73

At the time of stepping down, he had said, "I believe now is the time for me to pursue my other interests and commitments"

Almondz Global Securities to demerge broking biz, list as separate entity

The move is to sharpen the focus on the stock broking business and unlock economic value. The broking business contributes to about a fifth of AGSL's revenue

Andhra Pradesh govt clears investments worth Rs 31,167 cr by 17 companies

In all five SIPB meetings held so far since TDP-led NDA government was formed, 57 organisations have been given approval for investments to tune of Rs 4.71 trillion, which will create 4.17 lakh jobs

US lender trustee Glas Trust denies allegations by Byju Raveendran

Glas would take all necessary actions to hold Byju Raveendran and his associates accountable for the harm caused to lenders and thousands of T&L customers, says spokesperson

We will provide sufficient liquidity for monetary policy transmission: RBI

The RBI has guided that liquidity should be 1-1.5 percent of NDTL

RBI issues draft revised norms for non-fund based credit facilities

REs will issue an NFB facility only on behalf of a customer having a business relationship with them