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Infosys rolls out 80% average variable payout for Q1 to eligible employees

Infosys had paid out 60 per cent of the variable pay in the fourth quarter of financial year FY23

DeepTech SaaS firms can unlock a CAGR of up to 50%: Nasscom report

The study by industry body Nasscom in collaboration with EY India found that one out of four Indian B2B SaaS companies was focused on new inventions in DeepTech

No role in banks' selling loans to Edelweiss ARC: GTL Infrastructure

The company continues to operate in normal course of business and does not see any material impact on the operations of the company and cooperate with authorities, the statement said

LIC acquires 6.66% stake in Jio Financial Services through demerger process

The insurer's stake in JFS is valued at Rs 10,030 crore, while that in RIL stands at around Rs 1.1 trillion

Hindalco to invest Rs 2,000 crore in copper, e-waste recycling facility

Birla also expressed optimism about India's economic prospects, calling the country the 'only bright spot' among global economies

US-based firm OnSolve launches new technology centre in Bengaluru

OnSolve is witnessing swift adoption of its threat mitigation solutions across vital industries such as healthcare, financial services, manufacturing, oil and gas, and government sectors

Industry 4.0 key to achieve $1 trn economy target for Tamil Nadu: Minister

T R B Rajaa was speaking at a public-private discussion in the city, hosted by the Tamil Nadu government and the World Economic Forum

Path to Viksit Bharat: FM Sitharaman for optimum resource utilisation

Sitharaman is chairing a three-day Chintan Shivir of the Ministry of Finance from 20-22 August 2023 at Tent City in Kevadiya

Aeroflex raises Rs 103 cr; Vishnu Prakash IPO sets price band at Rs 94-99

Famed investor Ashish Kacholia-backed Aeroflex has priced its issue between Rs 102 to Rs 108. At the top-end, Aeroflex is valued nearly Rs 1,400 crore

TN CM Stalin lays foundation stone for 400 MLD water desalination plant

The cutting-edge desalination process includes lamella clarifiers, a dissolved air flotation system, gravity dual media filters, reverse osmosis, and re-mineralization

SoftBank sells a part of its stake in IPO-bound FirstCry for Rs 435 crore

Three Indian family investment offices have reportedly picked up stakes in the SoftBank-backed e-commerce firm

Trump, Ramaswamy lead the race to face Biden in 2024, shows survey

The poll also mention that DeSantis, who despite registering 21 percent in June was in second place has witnessed a drastic fall as he currently stands at 10 per cent

Nitin Gadkari to launch Bharat New Car Assessment Programme tomorrow

The programme aims to provide a tool to the car customers to make a comparative assessment of crash safety of motor vehicles available in the market

Lenders need to make software tweaks, borrower engagement for RBI Rules

Mere communication of rules for reset and choice fixed rates via channels including email would not be enough

Sebi's new disclosure rule escalates rift at Bengaluru-based TD Power

In a letter to Sebi, Vijay Kirloskar accuses co of inadequate disclosure of shareholder pact

Develop framework for safe, responsible use of Artificial Intelligence: PM

Prime Minister Narendra Modi emphasized that an entire ecosystem of technology-based solutions can be built to address the challenges faced by humanity

Adani group firms' m-cap rises by Rs 45,200 crore to one-month high

A day earlier seven out of 10 Adani group stocks had posted gains after GQG Partners hiked investment in the group

RBI allows IDF-NBFCs to raise money via external commercial borrowings

The revised framework envisages withdrawal of the requirement of a sponsor for the IDFs and making tripartite agreement optional for Public Private Partnership (PPP) projects

P R Seshadri to become new managing director and CEO of South Indian Bank

He holds Bachelor's degree in Electrical Engineering from the Delhi College of Engineering and a Post Graduate Diploma in Management from Indian Institute of Management, Bangalore

Madras HC temporarily restrains Google from delisting apps of startups

Order will apply if firms pay 4% of gross revenue of downloads from Play Store and share data for it with Google