E-PaperClient News
Deutsche Bank to pay $150 mn fine, says making Epstein a client was 'mistake'
This is the first regulatory enforcement action against a bank related to Epstein, who committed suicide a month after his arrest for allegedly sexually exploiting dozens of girls and womenDeutsche Bank considered Epstein 'high-risk' and knew of his history of sex trafficking and abuse
1 min read7 Jul 2020Sebi rolls out system to detect misuse of client securities by brokers
Under the new system, an online register will record brokers’ holdings of client securities, says the regulatorThe system will club details of client securities collected by exchanges, depositories and clearing corporations pertaining to all types of trades
2 min read13 Feb 2020TCS won’t engage in price war to win new deals
With Tata Consultancy Services's Q3 operating income of $1.35 billion is almost double that of Infosys, TCS can use other tactics in its arsenal to stave off the debilitating effects of a price war
3 min read14 Jan 2019Why HCL-IBM deal is failing to excite investors
Apart from the software assets, the HCL-IBM deal brings with it 5,000 clients, which HCL Technologies believes will enhance existing business
3 min read7 Dec 2018Infosys is ‘boring’ but CEO Salil Parekh has big plans
Infosys CEO Salil Parekh is hoping the company becomes 'more boring' during his tenure, even as he proceeds on a frenetic pace on acquisitions, dealmaking and pushing its digital business
2 min read22 Nov 2018Logistics firm FarEye buys Dipper Technologies
The acquisition of Dipper Technologies will improve FarEye's last-mile delivery with greater accuracy using Dipper's analytics, says FarEye founder Kushal Nahata
1 min read14 Nov 2018TCS displaces Accenture as largest IT firm servicing banks
In the July-September period, TCS got $2.07 billion in business from the BFSI sector as compared to Accenture's $2.01 billion in the June-August period
2 min read19 Oct 2018Wipro bags its biggest-ever contract from Alight Solutions
Under the $1.6 billion, 10-year outsourcing contract, Wipro will provide a comprehensive suite of solutions services to the US-based Alight Solutions
3 min read3 Sep 2018RBI plan to tweak limits in currency derivatives hits Sebi hurdle
Sebi says the new limit cannot be implemented until there is a mechanism in place to verify a potential breach by clients
3 min read7 Mar 2018India Agri Business Fund II invests $10 million in Global Gourmet
Frozen foods exporter Global Gourmet will use the funds from India Agri Business Fund II to grow its presence in India and abroad
1 min read26 Jan 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared