Page 81 - Bs Reporter

Western Union ties up with HCL to start technology centre in India

Western Union will also use HCL's artificial intelligence-powered solutions to transition to a platform-centric operating model

Ajay Seth, 1987-batch IAS officer, designated as new finance secretary

A 1987-batch Indian Administrative Service officer from the Karnataka cadre, Seth is also known for his role as the officer in charge of the finance track of the Group of 20 under India's presidency

35 cartel cases under CCI radar in the last five years: FM Sitharaman

The CCI is currently investigating allegations of cartelisation in the advertising industry and has raided several firms in the past week to gather evidence

India's data centre market drew over $6.5 bn investment in 10 yrs: Report

Experts believe that artificial intelligence (AI) and the rise of sustainable and edge DCs will drive the next wave of demand in the sector

Kotak Mahindra Bank appoints Bhavnish Lathia as Chief Technology Officer

The post fell vacant following resignation of Milind Nagnur, effective February 15, who was the chief operating officer and chief technology officer, due to personal reasons

Will fight until delimitation is conducted fairly: Stalin at first JAC meet

The JAC expressed deep concern over the lack of transparency and clarity in the impending delimitation exercise without any consultation with various stakeholders

Godrej Properties acquires around 10-acre land in Bengaluru's Yelahanka

The project will have an estimated revenue potential of ₹ 2,500 crore

IndusInd Bank to hire independent firm to probe derivatives discrepancies

The firm will assess the correctness and impact of accounting treatment of derivative contracts in accordance with prevailing accounting standards, identify any lapses, and establish accountability

Nine injured at Tata Steel Kalinganagar plant, no impact on production

The medical team is currently attending to the injured and has confirmed that everyone is now out of danger

Tamil Nadu DGP releases handbook for investigations into crypto cases

Jiwal emphasised the importance of the handbook in equipping investigators with the necessary expertise to handle crypto cases effectively

Bank employee strike scheduled for March 24-25 postponed by 1-2 months

The joint secretary of the DFS spoke on video call and informed about the positive discussion the Finance Minister and the DFS secretary had on the issue of five-day banking

Sebi considers easier IFSC access for brokers operating from Gift City

In a consultation paper released on Friday, Sebi outlined plans to allow stock brokers to conduct securities market activities in Gift-IFSC through a separate business unit

Sebi extends RPT disclosure deadline by 3 months, now effective from July 1

The decision follows feedback from stakeholders requesting more time to adapt to the Industry Standards

Snowflake collaborates with Nasscom to equip 100,000 learners in India

Through this collaboration, Snowflake and Nasscom are addressing the critical skills gap by providing access to training and resources

Advanced economies overtake Gulf nations in share of remittances to India

Advanced economies such as the US, the UK, Singapore, Canada, and Australia together accounted for more than half of India's remittances in FY24, reflecting a shift in migration patterns

Hindalco unveils new identity, tagline to mark transformation strategy

K M Birla, chairman of the Aditya Birla Group, at the event also reiterated plans to invest Rs 45,000 crore in next-generation high-precision engineered products

Hindustan Unilever board okays acquiring 14.3% stake in Lucro Plastecycle

Lucro is a waste management, recycling, and product manufacturing company working to create a circular plastics economy

Centrico Insurance Repository to offer insurance repository services to LIC

The insurance repository system, introduced by the regulator, provides policyholders with a facility to keep insurance policies in electronic form and make changes

RBI appoints Indranil Bhattacharyya as executive director, effective Mar 19

As ED, Bhattacharyya will oversee the department of economic and policy research

Derivatives inclusion puts Hindustan Zinc, PNB Housing, Inox Wind in focus

Already, Hindustan Zinc and Inox Wind have rallied over 10 per cent each since March 6, when NSE issued a notification pertaining to their futures and options (F&O) inclusion