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Infosys to pay $17.5 million to settle data breach case in BPM unit

McCamish, bought by Infosys BPM in 2009, is a platform-based BPO firm that provides life insurance and retirement software solutions and service offerings in the US

N G Subramaniam appointed as chairman of Tata Communications board

NGS has been part of Tata Consultancy Services (TCS), the IT major, for 40 years. He stepped down from TCS in May 2024 as the chief operating officer and executive director

Life Insurers report 5.7% growth in premiums in April - Feb period

Life-insurance companies in February reported an 11.6 per cent year-on-year (Y-o-Y) drop in new business premium (NBP) owing to relatively weak performance by state-owned Life Insurance Corporation

India, Mauritius sign MoU to boost cooperation against financial crimes

ED in its media statement said that MoU was exchanged in the presence of Prime Minister of India Narendra Modi and the PM of Mauritius Dr Navinchandra Ramgoolam

After selling 10% stake, Haldiram's to sell another 5% to other investors

Other private equity players that were in the race to acquire a stake in the snacks major backed out, citing very high valuations

IndusInd Bank most-sold stock by mutual funds in February, shows data

Among the fund houses that prune their holdings in the troubled lender were Kotak MF, Tata MF and PPFAS MF

TCS appoints insider Sudeep Kunnumal as CHRO, effective March 14

Kunnumal replaces Milind Lakkad, who is stepping down upon his superannuation

Business Standard Round Table: GCCs can help TN become $1 trn economy

Jaikumar Subramanian, partner at Deloitte India, said as the state aimed to treble the size of its economy in five years, it should focus on a closer collaboration of industry, academia, and startups

Syneriq Global opens AI GCC in Hyderabad, aims for $150 million revenue

Additionally, the group launched a new AI platform, Zyrix, focused on driving innovation and advancing product engineering

BS round table: Reimagining Tamil Nadu's road to a knowledge economy

The event is being organised in Chennai, in collaboration with the State Planning Commission, and Guidance Tamil Nadu

Sebi cuts rights issue timeline to 23 days; Edelweiss MF launches debt fund

Edelweiss Mutual Fund on Tuesday launched its low duration fund, a debt fund which will predominantly invest in low duration debt and money market securities

TCS to acquire Darshita Southern India Happy Homes for Rs 2,250 crore

The acquisition is focused on acquiring the land and building of Darshita to expand TCS's delivery centre

WNS to acquire Kipi.ai to expand data analytics and AI capabilities

Kipi, based in the US, provides strategy, execution, and managed service capabilities across data engineering, advanced analytics, and data science

Investment in information security likely to grow 16.4% in 2025: Gartner

Building on the momentum from the previous year, security services is projected to record the highest growth among all segments, with an expected 19 per cent increase in 2025

NCLAT upholds NCLT's approval for delisting of ICICI Securities

Shareholders of ISec will receive 67 shares of ICICI Bank for every 100 shares held. Shares of ISec last closed at ₹795, while that of ICICI Bank ended at ₹1,215

EU investors eye fresh investments in Indian equities, says Macquarie

European nations are among the leading destinations for foreign portfolio investors (FPIs) in India

FM Sitharaman tables Manipur Budget with total expenditure of Rs 35K cr

The state, currently under President's rule, has seen an increase of 9 per cent in the total capital outlay to ₹7,773 crore over the current financial year ending March 2025

Fitch assigns negative outlook to Adani Energy citing governance concerns

Fitch assesses that the US indictment for alleged securities and wire fraud reflects a corporate governance risk

Roshni Nadar Malhotra third richest Indian after stake 'gift', shows data

As per the Bloomberg Billionaires - India list, Mukesh Ambani remains the richest Indian with a net worth of $88.1 billion, followed by Gautam Adani at $68.9 billion