3 firms drop off payments bank list: What is spooking the aspirants?
May 27, 2016 at 13:45 | Source:
Arundhati Bhattacharyas prophecy on payments banks, it appears, is spooking the companies that threw their hats in the ring without giving a proper thought to the difficulties involved in setting it up. The State Bank of India (SBI) chairman has long...
Airbus ramps up Make in India, tops $500-mn annual procurement
Mar 07, 2016 at 17:19 | Source:
New Delhi - Every Airbus commercial aircraft produced today is partly 'Made in India', Airbus Group said on Monday as the European aerospace major announced that it had exceeded the $500 million annual procurement mark from India in 2015.The group cl...
ISB gets record number of placements, 11 students get offers from AP govt.
Mar 04, 2016 at 11:12 | Source:
In a significant first, the Government of Andhra Pradesh has made offers to 11 Indian School of Business (ISB) students who will become Chief Ministers Fellows. They will support the emerging state on strategic initiatives and implementation of polic...
Mahindra to buy Italian car designer Pininfarina| Reuters
Dec 14, 2015 at 23:15 | Source:
MUMBAI India's Mahindra group, with interests in cars and tractors, finance and IT outsourcing services, is to buy Italian car designer Pininfarina for about 33 million euros ($36 million) in an all-cash deal.Milan-listed Pininfarina, which has desig...
Sponsored: Indian Cloud Data Centres will make or break Digital India
Oct 20, 2015 at 13:55 | Source:
The Prime Ministers dream of Digital India isnt supposed to be just a slogan. Digital India is a comprehensive plan designed to drive transformation and thus turn India into a connected knowledge economy offering world class services using technology...
Tech Mahindra bags Internet of Things contract from Aircel
Oct 09, 2015 at 12:36 | Source:
Telecom services provider Aircel said it has partnered with IT firm Tech Mahindra to roll out a comprehensive set of Internet-of-Things (IoT) service offerings.Tech Mahindra will provide the IoT services in association with Aeris Communications, a Si...
Uber gives an academic push to its driverless cars effort
Sep 14, 2015 at 17:29 | Source:
Earlier this year, Uber had announced a partnership with the Carnegie Mellon University (CMU) that focused on development of long-term technologies that would help make Uber safer and more reliable. As part of the partnership, Uber technology leaders...
Nasscom sees 'massive opportunity' for IT firms in small payment banks
Sep 07, 2015 at 11:42 | Source:
Industry lobby Nasscom sees a massive opportunity for the domestic tech companies in payments banks and small finance banks, but warned the industry that they need to find out innovative solutions to help these lenders ensure cost-effective delivery ...
As stocks tumble, Indian pharma, Taiwan tech lure smart money| Reuters
Sep 03, 2015 at 04:15 | Source:
SINGAPORE Asias tumbling stocks have triggered an exodus of funds from the region, but some investors say the sell-off has been indiscriminate and that certain stocks offer compelling buying opportunities. The downturn in equities has been exacerbate...
India Post says open to partnerships for payments bank
Aug 20, 2015 at 12:41 | Source:
Mumbai: Having secured RBI's nod to set up a payments bank, the Department of Posts has said it is open for partnership in this new venture and is in talks with some telecom companies."We are very excited about it. We have our own strength in te...