Facebook lost $120 bn in market value over slow growth

Facing global backlash over the massive Cambridge Analytica data scandal, Facebook stock nosedived 20 per cent — wiping over $120 billion off the company’s market value — after its... Read more »

NASSCOM Showcases The Roadmap For Futureskills Initiative

As digitalization expands its horizons and upskilling becomes indispensable for professionals across the IT spectrum, the National Association of Software and Services Companies (NASSCOM) on Thursday showcased the roadmap for their pilot... Read more »

Duff & Phelps Strengthens Strategy to Service Insolvency & Bankruptcy Code Related Mandates

Duff & Phelps, the global advisor that protects, restores and maximises value, on Thursday announced that it will expand its portfolio of services to leverage opportunities presented by the... Read more »

Proliferation of Efficient Battery Technologies to Redefine Power Landscape

India Ratings and Research (Ind-Ra) believes that the proliferation of energy-efficient battery technologies is likely to bring about a paradigm shift in the business models of players across various... Read more »

DBS INDIA launches Real Time Digital Cross Border Payment Tracking

DBS’ corporate customers will be the first in India to be offered real-time status of their cross-border payments at their fingerprints. DBS clients in Singapore and Hong Kong were the... Read more »

Home Credit India Gets Stable Rating from Fitch Group Company

Home Credit India Finance Pvt. Ltd., one of India’s fastest growing non-banking finance company, has been assigned an IND A−/Stable rating from India Ratings and Research Pvt Ltd., a... Read more »

Canara Bank poised for a sustained growth with improved fundamentals

Canara Bank’s gross profit for Q1FY2019 grew by a healthy 18.65% y.o.y to Rs. 2933 cr backed by a robust net interest income (NII) growth at 43.13% y.o.y. Consequently, its... Read more »

India’s first alternate credit rating system launched by CASHe

According to recent industry reports, 156 mn. of Indians who comprise the ‘urban mass’ and urban middle’ section representing an annual income of USD 3000 and above have the... Read more »

US dollar trades mixed amid economic data

The US dollar index traded mixed against other major currencies as investors digested a batch of economic data. In late New York trading on Tuesday, the euro fell to... Read more »

Equity markets open on high note

The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the BSE after opening at high of... Read more »