Mastercard and Mosambee Launch First of its Kind Multi Utility PoS Machine to Drive Digital Acceptance

To enhance acceptance and penetration of digital payments in India, Mastercard and Mosambee, a payment solution company today launched ‘SamosaPoS’, an Android based multi-utility point of sale (PoS) machine.... Read more »

Messaging Gets Smarter with Classification, Smart Notification and Backup Features for Truecaller Users

Truecaller introduces three new smart updates called ‘SMS Classification’, ’Smart Notification’ and ‘Messages Backup’ to its existing Messaging Inbox feature, to enhance the SMS messaging experience for all Android... Read more »

Jaguar Land Rover India Announces 16 Percent Increase In Sales

Jaguar Land Rover India has announced a growth of 16 percent for the period January to December 2018. With 4 596 units sold, Jaguar Land Rover India recorded its... Read more »

Norwegian Government Institution signs MoU for credit facility to Srei Equipment Finance

Srei Equipment Finance Limited (“Srei Equipment”), a wholly-owned subsidiary of Srei Infrastructure Finance Limited (“Srei”) has announced that it has signed a Memorandum of Understanding (“MoU”) with Eksportkreditt Norge AS... Read more »

AION Capital acquires InterGlobe Technologies

Affiliates of AION Capital Partners has announced that they have acquired InterGlobe Technologies, a leading Global Travel BPM, Technology and Digital Services company.   AION Capital is an India focused private equity fund with USD 825 million in... Read more »

Bandhan Bank and GRUH Finance announce merger

The Board of Directors of Bandhan Bank Limited and GRUH Finance Limited approved the merger of GRUH into Bandhan Bank. The merger would be subject to regulatory and shareholder... Read more »

Essar Global repays all debt to Indian and foreign lenders

Essar Global Fund Ltd (Essar Global), the holding company of the Essar Group of companies, reached yet another milestone in deleveraging by repaying the last tranche of debt of... Read more »

Central Bank of Kuwait Modernizes Its Technology Platform with TCS BaNCS

Tata Consultancy Services has announced that the Central Bank of Kuwait (CBK) is now operational on TCS BaNCS, its flagship banking platform that helps financial services institutions embrace open... Read more »

India Inc revenue growth seen down 400-500 bps in Q3: CRISIL Research

Corporate revenue growth is expected to print at 12-13% on-year for the third quarter of this fiscal ended December 31, 2018, or 400-500 basis points lower than the ~17%... Read more »

Tata Capital Housing Finance Ltd. enters into a strategic alliance with Saraswat Co-op. Bank Ltd.

Tata Capital Housing Finance Limited, a wholly owned subsidiary of Tata Capital Limited has entered into a strategic alliance with Saraswat Co-operative Bank Limited, a 100 -year old premier... Read more »