When HSBC technical glitch hit 275,000 payments!

Last Updated: Saturday, August 29, 2015, 12:23

A fault in the information used to process some payments from HSBC business customers has affected about 275,000 payments, a media report said.

Majority wanted rate cut, but Rajan vetoed in August review

Last Updated: Tuesday, August 25, 2015, 19:07

The RBI held consultation with external Members of the TAC between July 22-28 in the run up to the Third Bi-monthly Monetary Policy Review, 2015-16 on August 4, 2015.

HCL Tech to acquire assets of US-based Trygstad

Last Updated: Monday, July 13, 2015, 22:04

Country's fourth largest software services firm HCL Technologies has said it will buy certain assets of Trygstad Technical Services in an all-cash deal.

Sebi plans new outsourcing policy for exchanges, key entities

Last Updated: Thursday, July 2, 2015, 13:42

To safeguard capital markets from outside risks, regulator Sebi will soon issue a new set of guidelines to govern outsourcing by stock exchanges and other key entities in the marketplace.

Former Infosys BPO head Asheesh Mehra sets up Antworks

Last Updated: Monday, June 15, 2015, 19:36

The company will focus on providing solutions primarily to the healthcare and financial sectors through two business models, Business Process as a Service (BPAAS) and Technology as a Service (TAAS)

Sahara seals Rs 5,500 cr debt deal for foreign hotels: Report

Last Updated: Sunday, June 7, 2015, 17:55

Saharas' refinancing arrangements involved getting a fresh loan for the three properties. A part of the proceeds would be given to Bank of China for release of Grosvenor House from "administration", while the remainder could be deposited with Sebi to secure release of Roy and two other top officials from Tihar Jail.

Google says 21% of tech hires in 2014 were women

Last Updated: Tuesday, June 2, 2015, 08:49

Google Inc said 21 percent of tech hires last year were women, boosting overall number of women in technical roles by 1 percent, as part of efforts to increase diversity.

Coal, medicine, trains top Tokyo's Asia infrastructure plan

Last Updated: Friday, May 22, 2015, 15:24

Abe announced the commitment, topping the USD 100 billion China set for its newly created Asian Infrastructure Investment Bank, yesterday with an explicit pledge to make a "treasure trove" of Mongolia's vast reserves of brown coal, regarded as too polluting for power generation.

Samsung, MSME ministry to set up digital academy

Last Updated: Wednesday, May 13, 2015, 16:46

The company will offer the Digital Academy course in collaboration with the ministry, and will seek to train youth to develop apps that run on the Tizen OS across a multitude of devices such as smartphones, televisions and tablets.

RBI's external committee split on April rate action

Last Updated: Wednesday, April 29, 2015, 18:04

The technical advisory committee of the Reserve Bank of India (RBI) was split on whether the central bank should have cut interest rates at its April 7 policy review, with three members recommending no action, according to minutes released on Wednesday.