Clipped from: https://www.business-standard.com/article/opinion/valuation-pressure-122041901330_1.html Outlook for the IT sector has changed considerably The underperformance of information technology (IT) stocks in the recent past has been an unpleasant
Category: ART
*India will have over 250 unicorns by 2025, says Iron Pillar report | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-will-have-over-250-unicorns-by-2025-says-iron-pillar-report-122041800218_1.html The public listing of 12 Unicorns is another indicator of the increasing maturity of the Indian tech ecosystem The public listing of 12
9 private banks on account aggregator system, 5 public sector banks in line | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/9-private-banks-on-account-aggregator-system-5-public-sector-banks-in-line-122041600029_1.html Among large private sector lenders, HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, and IndusInd Bank are live on the AA system
General insurers seek clarity on various provisions from IRDAI – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/general-insurers-seek-clarity-on-various-provisions-from-irdai/article65325148.ece Pricing, reinsurance, default, solvency margins arekey concerns General insurance companies have sought clarity from the Insurance Regulatory and Development Authority of India (IRDAI)
All you need to know about UPI Lite – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/all-you-need-to-know-about-upi-lite/article65325138.ece How the feature-phone version of the indigenous payments app can help declutter the e-money highway What is unified payment interface (UPI)? UPI is
Strengthen banking mechanisms: A case for upgrading banks’ auditing | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/strengthen-banking-mechanisms-a-case-for-upgrading-banks-auditing/2492263/ The increasing digitalisation of banking services has facilitated auditing, but has thrown up complex challenges The issue on hand assumes a much larger
*Is CBDC even needed? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/is-cbdc-even-needed/article65297706.ece The RBI must not rush into its launch Finance Minister Nirmala Sitharaman in the Budget had announced the RBI’s intention to issues Digital
*WhatsApp has banned about 20 million accounts in India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-variety/whatsapp-has-banned-about-20-million-accounts-in-india/article65294433.ece Crackdown may dent user base growth, but experts say it will boost user quality It has been less than a year of WhatsApp
Over Rs. 8.4-lakh crore I-T demand outstanding, says FinMin – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/over-rs-84-lakh-crore-i-t-demand-outstanding-says-finmin/article65294510.ece Minister of State for Finance Pankaj Chaudhary Jyothy R@Chennai | Photo Credit: Jyothy R@Chennai ‘Govt taking effortsto collect dues expeditiously’ Over one crore
Spent $1b in 2021 to fight attrition: Cognizant CEO – The Hindu BusinessLine
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
*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
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
*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
Sashidhar Jagdishan on what the deal with HDFC means to HDFC Bank | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/sashidhar-jagdishan-on-what-the-deal-with-hdfc-means-to-hdfc-bank-122040500033_1.html Sashidhar Jagdishan, managing director and chief executive officer of HDFC Bank, tells Manojit Saha what the deal with HDFC means to the bank
*Overseas Indians float local trusts to escape RNOR tag – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/overseas-indians-float-local-trusts-to-escape-rnor-tag/articleshow/90628847.cms Synopsis The status of an RNOR lies in between that of a non-resident Indian who stays more than 181 days in the country
*Sri Lanka’s nosedive into economic chaos holds global lessons | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/sri-lankas-nosedive-into-economic-chaos-holds-global-lessons-1097013.html Fashionable liberal ideas like organic farming added to Sri Lanka’s woes Representative picture. Credit: PTI Photo For years Sri Lanka was held as