Tools like APIs and real-time onboarding and processing make it possible for any non-bank technology company to embed finance with minimal effort and cost
In 2013, the market capitalisation of the digital asset market was approximately USD 1.5 billion. The report, released by US India Strategic and Partnership Forum (USISPF) and Crosstower, suggests that today, the market capitalisation is at nearly USD 3 trillion.
With partial lifting of ban, HDFC Bank is back in the game as far as credit cards business is concerned. The audit of the bank’s IT systems is also complete and the matter should get fully resolved soon. The bank now embarks on its digital journey, driving the stock price upwards.
RBI’s order adversely impacted bank’s earnings in Q1 FY22
Asset quality and growth are the two big issues confronting banks today. Remarkably, HDFC Bank scored well on both these parameters, remaining almost pandemic-proof
Employees' Provident Fund Organisation (EPFO) is undertaking several digital initiatives including online Universal Account Number (UAN) generation facility for subscribers and e-inspection system for employers.
Last month, ZEEL had announced it will acquire balance 49 per cent equity stake in India Webportal Pvt Ltd for USD 30.7 million (Rs 197.47 crore) to consolidate its digital business.
Business in 2017 will be better than 2016 feels Malcolm Frank, EVP-Strategy & Marketing of Cognizant. While quarter one has been good so far, the company‘s guidance of 7.9-10 percent growth for the full year 2017 is a cautious one, he tells CNBC-TV18 in an interview.
Hiren Gada, director & CFO, Shemaroo Entertainment, is confident of company outgrowing media and entertainment industry.
The company's revenue from North America, which accounted for about 47 pct of total revenue in the quarter, rose 9 percent to USD 3.76 billion. In local currency, the rise was 11 percent.
The strong growth in the security services market will be primarily because customers need external services to transform their security posture in the digital business era.
Zensar Technologies announced FY15 PAT growth of 30 percent from Rs 55.25 crore on a year-on-year basis.
Arvind Thakur, chief executive officer, NIIT Tech, says the company has acquired 51 percent stake in Incessant Technologies for USD 17 million and expects it to be margin and EPS accretive.
Indian equity market has a lot of positives in the form of the recent rate cuts and global cues and is likely to take the Nifty back to 9000 levels.
Shemaroo Entertainment's EBITDA margins have been in the range of 23-27 percent. Hiren Gada, whole-time director and CFO of the company says business on mobile platform have also been growing.
Quarterly revenues were at Rs 21,294 crore were marginally lower than analysts estimates, but up 1.5 percent sequentially and 32.5 percent year-on-year.
Sudhir Agarwal, CEO of WWIL, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, spoke about the results and his outlook for the company.