Month: March 2023

OECD also warned of vulnerabilities as seen in the U.S. bank sector turmoil | The Hindu

The capital markets regulator is planning to change its rules to address concerns around founders and family members of tech or app-based startups owning shares under the employee stock ownership … Read More

Google will no longer sell the latest Enterprise Edition of Google Glass, CNN Business has reported. The company’s announcement this week will effectively kill off an innovative but failed wearable … Read More

Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at … Read More

Mortgage lender HDFC Ltd today said its board would consider raising funds through non-convertible debentures (NCDs) in tranches aggregating to Rs 57,000 crore. “A meeting of the Board of Directors … Read More

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Friday presented the first annual budget in his tenure for the financial year 2023-24 in the state assembly. The chief minister announced … Read More

Indian digital payments firm PhonePe said today it has raised $200 million from majority backer Walmart Inc at a pre-money valuation of $12 billion. PhonePe, already India’s most valuable payments … Read More

Shares of Tata Consultancy Services marginally declined in the morning trade on Friday, a day after the IT major announced that its chief Rajesh Gopinathan has put in his papers. … Read More

 Indian startups had deposits worth about $1 billion with embattled Silicon Valley Bank and the country’s deputy IT minister said he had suggested that local banks lend more to them … Read More

European stock markets rebounded slightly Thursday after troubled banking giant Credit Suisse secured a big financial lifeline and before a crucial interest-rate decision by the European Central Bank. Frankfurt, London … Read More