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NPCI Int'l to develop UAE's domestic card scheme in partnership deal

Scheme will help UAE in financial inclusion, strengthening e-commerce and digital transactions

Star Health Insurance introduces surrogacy cover and oocyte donor cover

The policy provides inpatient hospitalisation coverage for post-partum delivery complications experienced by the surrogate mother for a 36-month period under the Surrogacy cover

Moody's affirms PFC's & REC's Baa3 ratings, sees asset quality improving

Agency expects the two state-owned companies to continue receiving strong government support

Mahindra Last Mile Mobility gets Rs 300 crore investment from IFC

MLMML will prioritise expanding last-mile passenger and cargo transport solutions

MCX gets Sebi approval to launch new commodity derivatives platform

MCX had initially intended to introduce the CDP on October 3. However, they have not revealed the new launch date yet

Monetary policy review: We use one stone to kill one bird, says RBI

There are several moving parts in the whole liquidity scenario. We will watch the evolving trends and notify as and when necessary: Das

TCS to consider buyback of shares in board meeting on October 11

The last instance when TCS proposed a buyback plan was in March 2022. The buyback share price was Rs 4,500 per share

Softbank sells 2.54% stake in PB Fintech; Godrej Industries shares up 20%

Shares of Godrej Industries shot up by 20 per cent on Friday following speculation that the two factions of the Godrej family have finalised the terms of separation

Truecaller acquires TrustCheckr service to expand enterprise services

Unoideo provides TrustCheckr, a software-as-a-service (SaaS) solution that helps businesses verify customer information and detect the risk of fraud based on phone numbers and digital signals

OTT platforms are not governed by Trai but by IT rules, says TDSAT

This order was in response to a petition by the All India Digital Cable Federation (AIDCF) against Star India Pvt Ltd (STAR)

Back-to-back launches in balanced hybrid space as MFs explore new options

After 360 ONE, Whiteoak launches funds in the less-known category

CRISIL Ratings places Vedanta under watch with negative implications

The agency mentioned that the ratings might be downgraded if Vedanta cannot reduce its end-of-year financial leverage to below 2.7 times through the asset monetisation route

PGIM India forays into Rs 8-trn AIF space with Category III fund launch

Fund to focus on multi-year growth trends, identifies discretionary consumption, manufacturing as top themes

Microsoft adds four more Indian languages to Microsoft Translator

With this recent addition, Microsoft Translator now supports a total of 20 Indian languages

Hitachi Energy's largest global tech, innovation centre comes up in Chennai

Facility will house over 2,500 technologists specialising in transformers and grid automation

TCS to modernise unemployment claims system of US state of Georgia

Company will bring in web-based platform to apply for unemployment insurance benefits

HDFC Bank disburses Rs 48k crore home loans in Q2, Casa ratio falls

The bank's retail loan book surged 85 per cent over the previous quarter and 111.5 per cent over the same period year ago

KKR holdings opens new office in Gurugram for global operating model

This recent venture marks KKR's second establishment in India, reflecting the pivotal role the Asia Pacific assumes in its overarching strategy

RBI forms external working group on expected credit loss framework

The group's mandate includes outlining the principles banks must follow when creating credit risk models for evaluating and quantifying expected credit losses

TCS announces multi-year tech support deal with British retail firm Asda

Indian firm will build a new digital core to streamline Asda's supply chain forecasting, merchandising processes