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Voting advisory firm IiAS gives a thumbs up to Vodafone Idea fund raise

Promoter infusion will pave the way for Rs 10,000-cr additional fund raise for Vodafone Idea Ltd., say experts

Oyo to offer free accommodation to Ukraine refugees, starts fundraiser

Initiative to start from Poland; company also in talks with home owners in Europe

Equinix to invest $9 mn to acquire land parcel in Chennai for expansion

In Asia-Pacific, Equinix currently has 52 IBX data centers in key metros across Australia, China, Hong Kong, India, Japan, Korea and Singapore

TCS' Rs 18,000 cr share buyback subscribed 4.5 times a day before close

According to an analysis done by Edelweiss Alternative Research, the acceptance ratio of TCS share buyback for retail investors could be 14.3 per cent

Biz activity allays Russia-Ukraine war fears, hits all-time high

In a broad-based recovery, the Nibri rose to another record high of 126.4 for the week ending 20 March from 122.8 in the previous week, a 26.4 percentage point rise from the pre-pandemic levels

Qualcomm launches $100 mn Snapdragon Metaverse Fund for XR firms

The fund will invest in developers and companies building unique, immersive XR experiences, and associated core AR and related AI technologies

CtrlS commences work on its third data center in Hyderabad

The to-be-constructed CtrlS Gachibowli DC2 is located in the Financial District of Hyderabad sharing the neighbourhood with Capgemini, Microsoft, Virtusa, Infosys, and other IT and BFSI companies.

Banks, fintech firms need to collaborate to reach the unserved population

There is a clear need for both banks and bankers, say experts

IPV launches Physis Capital with fund size of $50 mn for startups

Physis Capital will build a portfolio of 15-20 startups with an average ticket size of $2.5 million.

Accenture Q2 results beat estimates, warns of impact from Ukraine conflict

Accenture's results continue to show that the momentum for digital transformation and shift to cloud services is growing strong.

RBI grants three-month extension to RBL Bank's interim CEO Rajeev Ahuja

Ahuja was appointed as the interim MD & CEO after the then MD & CEO Vishwavir Ahuja went on leave

BBB extends deadline to apply for NaBFID Deputy MD posts to April 8

The salaries payable to the DMD will be market driven, and will be entitled for annual increments based on the performance and the guidelines of the institution

InMobi's Glance sees active user base in India at 173 mn in Q4 2021

In terms of share across price bands, $150-$250 continued to be the largest segment for Glance

Israel-based Coralogix forms Snowbit, a cyber security venture in India

Founded and led by tech veterans and former Amazon Web Services (AWS) executives, Snowbit will have operations across Tel Aviv and New Delhi/Gurugram

BS Banking Annual: 'It is opportunity NBFCs rather than advantage NBFCs'

Experts shed light on the opportunities ahead for NBFCs and how they can capitalise on them

Calibrated approach to bank privatisation needed: Industry leaders

The government sounded the bugle on privatisation of state-owned enterprises in its recent Budget

BS SFB round table: 'We have gone through 2 major crises since the birth'

The pandemic's lingering effects were a test for small finance banks

BS CEO round table: Six bank chiefs agree that worst is over for industry

There are some risks and we need to be watchful, say bank chiefs

How did a five-member external jury select the BS Banker of the Year?

The jury picks Sandeep Bakhshi for ICICI Bank's remarkable turnaround in the face of a difficult legacy

The deadweight of banking fraud in India: What's the weak link?

Fraud doubled in value to Rs 1.85 trillion in FY20, which is nearly equal to the recapitalisation amount injected into state-run banks during the year