Congruent Solutions appoints Mahesh Natarajan as Chief Revenue Officer
New Delhi, April 25 - Congruent Solutions, a leading provider of Software-as-a-Service (SaaS) and outsourced plan administration services to the US retirement industry, on Thursday announced the appointment of Mahesh Natarajan as its Chief Revenue Officer (CRO).
RBI issues alert against prepaid payment instruments by illegal entities
Mumbai, April 25 - The Reserve Bank of India (RBI) on Thursday cautioned the public against Prepaid Payment Instruments issued by unauthorised entities.
Credit card data of 17K ICICI Bank users exposed; bank blocks cards, assures compensation
New Delhi, April 25 - After credit card data of at least 17,000 new ICICI Bank customers was exposed and reached "wrong users", the bank said on Thursday that it has blocked these cards and is issuing new ones to the customers.
Tech Mahindra’s PAT declines 51 per cent to Rs 2,358 crore in FY24
New Delhi, April 25 - IT software major Tech Mahindra on Thursday reported its consolidated profit after tax (PAT) at Rs 2,358 crore for FY24, down 51.2 per cent (year-on-year).
Hackers attacked Indian firms on average 2,444 times per week in last 6 months: Report
New Delhi, April 25 - Hackers have attacked Indian organisations on average 2,444 times per week in the last six months, compared to 1,151 attacks per organisation globally, a new report revealed on Thursday.
L&T Technology Services logs Rs 1,304 crore in net profit in FY24
Mumbai, April 25 - L&T Technology Services Ltd on Thursday reported a net profit of Rs 1,304 crore in FY24, an 8 per cent growth, with revenue of Rs 9,647 crore which is a 9 per cent growth (year-on-year).
CBDT extends deadline for filing Form 10A/10AB by taxpayers to June 30
New Delhi, April 25 - The Central Board of Direct Taxes (CBDT) on Thursday extended the deadline for filing Form 10A/Form 10AB by trusts, institutions, and funds under the Income-tax Act till June 30, 2024.
SJVN inaugurates India’s first multipurpose Green Hydrogen pilot project
New Delhi, April 25 - Power major SJVN Ltd has achieved a significant milestone with the inauguration of India's first multipurpose Green Hydrogen Pilot Project at its 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Himachal Pradesh’s Jhakri, the Ministry of Power
Nifty closes above 22,550, Sensex up 487 pts on another day of gains
Mumbai, April 25 - The Nifty rose for the fifth consecutive session even as the volatility index inched up on Thursday, while the Sensex also made gains of over 480 points.
Google opens applications for this year’s Startups Accelerator programme in India
New Delhi, April 25 - Google on Thursday said that it has opened applications for this year's 'Startups Accelerator: AI First' programme in India.
Banks failing at tech, fintech failing at banking, quips Ashneer Grover
New Delhi, April 25 - Taking a dig at Kotak Mahindra Bank after the Reserve Bank of India's (RBI) action, BharatPe co-founder Ashneer Grover on Thursday said that while banks are failing at implementing robust technology to cater to their customers, fintech companies
Widening of conflict in Middle East could impact India macros
New Delhi, April 25 - A sustained flare-up in geopolitical tensions in the Middle East, and the consequent increase in crude oil prices, would negatively impact Indian macros, ratings agency ICRA said on Thursday.
NDA rule has shown superior numbers on GDP growth, inflation, unemployment compared to UPA
New Delhi, April 25 - The NDA rule of the last 10 years has shown superior numbers on GDP growth, inflation, CAD (Current Account Deficits), unemployment and FDI ex of pandemic year compared to the UPA regime, broking firm Prabhudas Lilladher said.
Indian rupee to appreciate to Rs 82–82.50 in FY25: CARE Ratings
Chennai, April 25 - The Indian rupee is expected to appreciate to about Rs 82–82.50 in FY25 while in the near term, it will trade between Rs 83-83.50 against the US dollar, a top economist with CARE Ratings said.
Adani Group’s ACC Limited logs highest-ever annualised PAT at Rs 2,337 crore in FY24
Ahmedabad, April 25 - ACC Limited, a subsidiary of Ambuja Cements, on Thursday announced lifetime high annualised profit after tax (PAT) at Rs 2,337 crore in FY24, up a staggering 378 per cent (year-on-year).
BMW’s another all-electric car launched in India
New Delhi, April 25 - Luxury car maker BMW on Thursday launched another all-electric car, BMW i5 M60 xDrive, in India at an ex-showroom price of Rs 1,19,50,000.
ICEA shares blueprint for India to become a global leader in chip value chain
New Delhi, April 25 - As India embarks on its ambitious semiconductor journey, providing strategic support for chip design firms, bridging the skill gap, enhancing funding mechanisms, leveraging global opportunities and investing in refurbished fabrication units will catapult the country to the forefront
Dell launches new Alienware gaming laptop in India
New Delhi, April 25 - Dell Technologies on Thursday launched a new gaming laptop -- Alienware x16 R2, in India, powered by the latest Intel Core Ultra processor.
India highlights PM-KUSUM solar scheme for farmers at World Energy Congress
Rotterdam, April 25 - India's Power Secretary Pankaj Agarwal highlighted the steps that the Narendra Modi government was taking to promote solar power in the country to help convergence towards the COP28 renewable energy and energy efficiency commitments at the ongoing 26th edition
Swiggy gets shareholders’ nod for $1.2 billion IPO this year
New Delhi, April 25 - Online food delivery platform Swiggy is planning to file for an initial public offering (IPO) worth $1.2 billion this year after receiving an approval from its shareholders.