New Delhi [India], July 25: Bartronics, a company specialising in digital banking, financial inclusion, and identity management technologies, is delighted to announce the appointment of Mr. Panidapu Lakshmi Naga Srinivasa Rao as Non-Executive Independent Director. With this appointment, effe
Developed with significant contributions from the IBM India Systems Development Lab (ISDL), IBM Power11 is specifically designed for enterprises that run complex, mission-critical, data-intensive workloads, including banking, retail, telecom, healthcare, and the public sector.
While speaking at a special press briefing ahead of Prime Minister Narendra Modi's visit to the Maldives and the UK, Misri responded to concerns about the 18th round of sanctions imposed by the European Union on Russia, which directly target Moscow's energy, banking, and defence industries.
Hyderabad (Telangana) [India], July 22: India, with a 7,516.6 km coastline and over 200 ports, is the 16th largest maritime nation globally. It has access to major sea routes, rapidly developing port infrastructure, and a vast, skilled maritime workforce. However, India's maritime sector con
The credit provided by Non-Banking Financial Companies (NBFCs) in India has seen a sharp rise over the years, with NBFC credit to GDP increasing to 26 per cent in FY25, up from 16 per cent in FY19, according to a report by Ionic Wealth.
"Chaitanya allegedly routed the illicit funds through his real estate firms and used them in the development of a real estate project. The funds were laundered through cash payments to contractors and through falsified banking entries," ED said in its statement.
At the end of the trading session, BSE Sensex was up 442.62 points or 0.54 per cent at 82,200.34, and the Nifty 50 at National Stock Exchange (NSE) was up 122.30 points or 0.49 per cent at 25,090.70.
Mumbai (Maharashtra) [India], July 21: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded consolidated Profit After Tax (PAT) of Rs. 701 Crore, up 10% Quarter-on-Quarter (QoQ) and 2% Year-on-Year (YoY) for the first quarter ended June
The European Union's recent sanctions on Russian oil, energy, banking and defence industries are aimed at degrading Moscow's "war economy" while preserving global oil market stability, said Ambassador of the Delegation of the European Union to India Herve Delphin on Saturday.
Bengaluru (Karnataka) [India], July 18: Razorpay, India's Leading Omnichannel Payments and Business Banking Platform, has been featured in the 2025 edition of the World's Top Fintech Companies list by Statista and CNBC. Securing a spot among the world's top fintech firms, Razorpay stands out
Private banks are losing market share across segments, while public sector banks (PSBs) and non-banking finance companies (NBFCs) continue to gain ground, according to a recent report by JM Financial.
The newly passed sanctions hit hard at the core of Russia's economy, especially its energy, banking and military sectors, and are designed to cut down Russia's ability to finance its war on Ukraine.