Digital-asset exchange FTX will provide about $6 million compensation to its account holders impacted by a phishing incident via a third-party website
Profits would have been higher if not for aggressive provisioning: IDBI Bank CEO
KKR, the US-based private equity firm, will separately invest Rs 2,460 crore to pick up a 13.33 per cent stake in Advanta Enterprises, a subsidiary of UPL.
The demand for CXOs has been relatively high in the industrial and manufacturing sectors, auto, chemicals, financial services, and energy firms
Call mkt rates at higher end of rate corridor as liquidity shrinks rapidly
Eighty-six per cent CEOs in India, compared to 71 per cent CEOs globally, predict that a recession will impact company earnings by up to 10 per cent over the next 12 months.
Currently, 39 per cent of the asset book is secured
There could also be a third scenario where the interest cost is added to the product price and then the higher price is converted into EMIs
VV Apparao, who has worked as the company's Chief Human Resources Officer (CHRO) since 2017, will now take over as the chief delivery officer for nearshore.
In a Q&A, Srivatsan Iyer talks about his firm's expansion plans in new segments and what the equity investment by KKR means for the company
Net profit has crossed the Rs 10,000-crore mark for the first time
Asha is a qualified chartered accountant (CA), and Parthasarthy is a Financial Services industry veteran
To cut costs, the company cut hundreds of jobs, shuttered stores and outsourced delivery to third parties this year
46% of corporate leaders considering job cuts over the next six months
The outgoing chairman, Subhash Kamath, will be a part of the Consultative Committee of the board, which, among other activities, mentors the new initiatives of the organisation
Asbe took over as MD&CEO of NPCI in Jan 2018. Prior to that, he was the firm's COO for close to 5 years
Court permits Xiongwei Li to travel abroad after providing a FDR of Rs 5 crore
Ghosh says bank is looking to increase branch count to 8,000 nationally from the current 5,640
No word yet on successor to MD & CEO Girish Kousgi, who resigned on Monday
The private equity titan is close to appointing two banks to manage the formal process for the transaction, the people said, asking not to be named as the information is not public