Oracle, which provides a range of technology-led services to various enterprises and government bodies, competes with the likes of IBM, Microsoft and Google in India.
The financing, subject to customary closing conditions, including US antitrust regulatory clearance, is expected to close by year-end
The San Jose, California-based software maker said it shut off public access to a database of customer email addresses last week, according to a blog post Friday
Within the BFSI vertical, while banking segment is going through a slow growth phase, client spend on the insurance segment remains strong