Clipped from: https://www.thehindubusinessline.com/todays-paper/spent-1b-in-2021-to-fight-attrition-cognizant-ceo/article65294457.ece Brian Humphries, CEO, Cognizant Bijoy Ghosh BIJOY GHOSH | Photo Credit: Bijoy Ghosh There is a war on for talent, saysBrian Humphries In
Month: April 2022
Building on recovery in FY22, bank credit to see robust growth in new fiscal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/building-on-recovery-in-fy22-bank-credit-to-see-robust-growth-in-new-fiscal/article65294455.ece Double-digit jump in advances in Q4; retail lending leads, but corporate demand rising Reflecting the recovery in the economy after two years of
*Accountancy Bill passed in both Houses | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/budget-session-accountancy-bill-passed-in-both-houses-122040501020_1.html Rajya Sabha passed the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2022 with a voice vote after
*Policy support, volume growth: What’s lifting the spirits of liquor stocks? | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/policy-support-volume-growth-what-s-lifting-the-spirits-of-liquor-stocks-122040500234_1.html The change in duty structure and new tax policy of FY23 is expected to bring a much awaited relief for alcohol beverage industry.
*HDFC-HDFC Bank merger: Brokerages see return ratios improving by FY25-26 | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/hdfc-hdfc-bank-merger-brokerages-see-return-rations-improving-by-fy25-26-122040500310_1.html Analysts think there are multiple challenges such as impact of SLR/CRR/PSL compliance cost; the RBI’s aversion to banks holding considerable stakes in para-banking
*Close the policy gap | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/close-the-policy-gap-122040501395_1.html RBI has fallen behind the curve The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) will meet this week for the first time in
Who needs high-cost doctors anyway? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/who-needs-high-cost-doctors-anyway-122040501415_1.html The future of healthcare is in embracing a low-cost, hybrid model that uses doctors and technology in an efficient mix Many Indian medical students had
*Hospitality sector rings in FY23 on positive note amid broad-based recovery | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/hospitality-sector-rings-in-fy23-on-positive-note-amid-broad-based-recovery-122040501057_1.html Business hotels, which saw a delayed recovery, are back stronger and sooner as big ticket conferences and meetings have resumed in a big
*Textile, yarn firms demand duty-free cotton imports on dwindling supplies | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/textile-yarn-firms-demand-duty-free-cotton-imports-on-dwindling-supplies-122040501095_1.html Pipeline stocks will last for just about three-four months, companies say Cotton yarn With cotton textile and yarn makers bracing for a shortfall in the
*Parl panel questions Sebi chief on NSE case, Paytm issue price | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/parl-panel-asks-sebi-chief-about-status-of-case-involving-former-nse-md-122040501308_1.html Functioning of crypto currency exchanges also came up when Sebi chairperson Madhabi Puri Buch appeared before parliamentary panel on finance, say people in
*Wheat exports hit record 7.85 million tonnes in FY22, say traders | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/wheat-exports-hit-record-7-85-million-tonnes-in-fy22-say-traders-122040501484_1.html India achieved its target of exporting 7 mt of wheat on March 21, according to the Indian government, which is yet to issue
*Combined entity will get benefit of lower cost of funds: HDFC’s Keki Mistry | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/combined-entity-will-get-benefit-of-lower-cost-of-funds-hdfc-s-keki-mistry-122040600007_1.html Keki Mistry, vice-chairman and chief executive officer of HDFC, tells Manojit Saha the option to merge with HDFC Bank was on the drawing-board
*I did what is right for company: BharatPe CEO Suhail Sameer | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/i-did-what-is-right-for-company-bharatpe-ceo-suhail-sameer-122040500932_1.html BharatPe, which allows shop owners to make digital payments through QR codes, last month, stripped Ashneer Grover of all titles and positions after
*Carlyle sells 2.78% stake in SBI Cards for Rs 2,229 cr | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/carlyle-sells-2-78-stake-in-sbi-cards-for-rs-2-229-cr-122040501146_1.html CA Rover Holdings, an affiliate firm of the Carlyle Group, sold a total of 26.17 million shares at Rs 852 apiece, shows data
Instant App-based loan fraud: ED summons senior executives of Google | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/instant-app-based-loan-fraud-ed-summons-senior-executives-of-google-122040600001_1.html The agency’s Hyderabad office is probing 38 non-banking financial companies (NBFCs) and over 300 fintech firms under the anti-money laundering law The Enforcement Directorate (ED)
*WhatsApp has banned nearly 20 million accounts in India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/social-media/whatsapp-has-banned-nearly-20-million-accounts-in-india/article65293393.ece Experts say this will impact the messaging app’s user base growth but will improve the quality of users and aid monetisation It has
*Germany faces recession if oil & gas halted, say banks | Business Standard News
Clipped from: https://www.business-standard.com/article/international/germany-faces-recession-if-oil-gas-halted-say-banks-122040500059_1.html Europe’s largest economy is heavily dependent upon Russia for energy, and nations banks echoed concerns over possible energy disruption expressed by big names
*HDFC – HDFC Bank merger: What’s in store for the shareholders? | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/hdfc-hdfc-bank-merger-what-s-in-store-for-the-shareholders-122040400479_1.html Shareholders of HDFC Ltd will receive 42 shares of HDFC Bank for 25 shares held Photo: Bloomberg HDFC and HDFC Bank’s merger –
*Sebi issues fresh guidelines to curb misuse of clients’ power of attorney | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-issues-fresh-guidelines-to-curb-misuse-of-clients-power-of-attorney-122040400927_1.html To curb misuse of PoA given by clients to stock brokers, Sebi came out with fresh guidelines wherein execution of a new document
HDFC twins merge in $40-bn deal; amalgamation may take 15 to 18 months | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/hdfc-twins-merge-in-40-bn-deal-amalgamation-may-take-15-to-18-months-122040500024_1.html The country’s largest housing finance company and the biggest private sector bank announced that their boards have approved an all-stock amalgamation of HDFC
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