Financial Services
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RBI increases UPI Lite, UPI 123PAY transaction limits to boost 'digital payments'
Business | Oct 09, 2024, 11:54 AM ISTThe Reserve Bank of India (RBI) has raised the transaction limits for UPI Lite and UPI 123PAY, increasing accessibility to digital payments. The UPI Lite limit has risen from Rs 500 to Rs 1,000, while UPI 123PAY limits have doubled to Rs 10,000.
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Salaries in India to rise 9.5 per cent by 2025 led by engineering, manufacturing sectors: Report
Personal Finance | Oct 04, 2024, 01:57 PM ISTIndia’s salaries are projected to increase by 9.5% in 2025, led by the engineering and manufacturing sectors, according to Aon’s latest salary report. Explore wage growth trends across industries, including construction, retail, and financial services.
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Microsoft global outage: How banks, airlines and airports worldwide were affected? DETAILS
World | Jul 19, 2024, 06:14 PM ISTA glitch in Microsoft services caused widespread reports of disruptions in international airlines, banks, businesses and media outlets. The outage lasted roughly six hours before Microsoft the problem and reported progress in fixing the technical issue, with residual impact
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Financial services sector stock to continue upward trajectory amid economic resilience, stability
Business | Jan 02, 2024, 11:40 PM ISTDespite recent regulatory measures by the Reserve Bank of India (RBI), the financial sector remains a focal point in the current bullish market.
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BSE changes Jio Financial Services stock price band to 20 per cent from 5 per cent
Business | Sep 03, 2023, 02:26 PM ISTThe move would ensure stock prices do not fluctuate beyond a prescribed level during a session.
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Paytm beats GooglePay and PhonePe, as India's highest revenue earner in financial services and mobil
Technology | May 10, 2023, 08:40 PM ISTWhile PhonePe and Google Pay are focused on UPI P2P, Paytm has taken the cake with its diversification of business. In fact, Paytm has been focused on merchant payments, where it actually makes money.
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IL & FS records over Rs 22,000 crore loss in 2019
Business | Dec 04, 2019, 10:25 PM ISTIL&FS and its group companies are currently going through a resolution process in the National Company Law Appellate Tribunal (NCLAT).
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IL&FS asks bourses to avoid coercive actions over quarterly results
India | Jun 26, 2019, 05:45 PM ISTThe company in a regulatory filing said it will be "challenging" for the management to prepare the financial statements owing to the proposed divestment and restructuring of its group companies, among other reasons.
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Riverbed Technology to hire professionals in banking, financial and insurance services
Jobs | Apr 12, 2019, 05:48 PM ISTThe IT and performance management company experienced subscription and software-as-a-service (SaaS) bookings growth of 89 per cent globally, and a massive 300 per cent growth in India
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HDFC ranks 7th among the top financial service companies
May 27, 2016, 04:44 PM ISTNew Delhi: HDFC Ltd has been ranked among the world's ten biggest and most powerful companies in the consumer financial services sector on a Forbes list, which is topped by American Express. Ranked 7th, HDFC
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Reliance Capital posts 22.5% net profit rise in Q1
Aug 14, 2015, 04:00 PM ISTNew Delhi: Financial Services firm Reliance Capital on Friday reported a 22.5% rise in net profit at Rs 201 crore for the first quarter ended June 30. The ADAG company had a net profit of
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Aditya Birla Nuvo to invest Rs 350 cr in financial services biz
May 25, 2014, 08:46 PM ISTNew Delhi: Diversified conglomerate Aditya Birla Nuvo Ltd (ABNL) will invest Rs 350 crore in its financial services business in the current fiscal.“For 2014-15, ABNL has earmarked a capital expenditure plan of around Rs 460
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Google promises better deals at its shopping fest
Dec 10, 2013, 12:20 PM ISTNew Delhi: Internet search giant Google today announced launch of the Great Online Shopping Festival (GSOF), a mega festival bringing leading e-commerce players in India on a common platform targeting about 20 million Indians who
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TCS wins contract from US firm for core banking solutions
Nov 05, 2013, 09:58 PM ISTNew Delhi: Tata Consultancy Services(TCS), India largest software services exporter, today said the US-based financial services firm Zions Bancorporation has chosen its core banking software TCS BaNCS. Zions Bancorporation consists of a collection of banks
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Infosys, IBM bag Rs 2,535 crore RBS deal
Oct 03, 2013, 09:45 PM ISTNEW DELHI: Infosys, India's second largest software services exporter, and software giantIBM have won a 300 million euro (about Rs 2,535 crore) contract to develop the computer system for the UK-based bank Williams & Glyn's.
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Takru appointed Secretary, Financial Services in Finance Ministry
India | Jan 09, 2013, 04:50 PM ISTNew Delhi, Jan 9: Senior IAS officer Rajiv Takru was today promoted and appointed as Secretary, Financial Services, in the Finance Ministry, a department that oversees the functioning of banks, insurance companies and other financial