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    • Soon, a toll-free number to register all insurance complaints

      IGCC aims to facilitate communication between the insured public, insurers and IRDAI to improve the working of the grievance redressal mechanism. No other financial services industry has a single call centre to register all kinds of complaints.

    • Mphasis concludes deals with Karvy and Hinduja Global

      Karvy Data Management is a provider of business and knowledge process services. In a separate deal, Hinduja Global Solutions was to acquire a significant portion in Bangalore-based Mphasis BPO business. Recently, both transactions were approved by Competition Commission of India.

    • Mphasis-Karvy deal gets Competition Commission nod

      Giving its green signal, the fair trade regulator said the proposed deal is not likely to have an appreciable adverse effect on competition in India. Under the combination, Karvy Data Management will acquire Mphasis' domestic business process management or outsourcing (BPM/BPO).

    • Mphasis Q1 net profit dips 10.6% to Rs 156.26 crore

      HP-owned IT services firm Mphasis on Wednesday posted a 10.6 percent dip in net profit at Rs 156.26 crore for the quarter ended June 30, 2015.

    • Mphasis jumps 5%, transfers domestic biz portion to Karvy

      "Mphasis announced the signing of a definitive agreement to transfer a portion of its domestic business to Karvy Data Management Services (KDMSL)," said the IT services provider in its filing, adding it is subject to regulatory approvals.

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