'Leadership roles see 28% rise in women applicants'

Last Updated: Monday, July 27, 2015, 18:33

The number of women applying for senior positions with experience levels between 11-15 years rose 28 percent in 2015 as compared to 15.3 percent in the previous year, according to a report.

Fairfax India to buy 74% stake in NCMSL for Rs 800 crore

Last Updated: Monday, July 20, 2015, 23:05

Fairfax India Holdings Corporation Monday announced that it has agreed to acquire approximately 74 per cent in commodities storage and services firm National Collateral Management Services (NCMSL), through its wholly-owned subsidiary FIH Mauritius Investments, for about Rs 800 crore.

Standard Chartered rejigs regional, client businesses

Last Updated: Monday, July 20, 2015, 14:09

ASEAN and South Asia will be led by Ajay Kanwal, Africa & Middle East by Sunil Kaushal, and Ben Hung will head Greater China & North Asia region.

Mutual funds bullish on EPFO move to invest in equity funds

Last Updated: Friday, July 17, 2015, 22:50

The government's decision to allow Employees' Provident Fund Organisation (EPFO) invest 5 percent of its Rs 1 trillion investible fund in exchange traded equity funds has made mutual fund houses bullish about launching retirement equity funds, industry officials said.

TCS recognised as global leader in card management

Last Updated: Friday, July 17, 2015, 21:19

Tata Consultancy Services, India's largest IT services firm, has been recognised as a global leader in card management and transaction processing by a leading research company.

SBI MF lays out plan for Rs 1 lakh cr AUM by Sept quarter

Last Updated: Friday, July 10, 2015, 19:42

SBI MF, a joint venture between SBI and French major Amundi, is the sixth-largest fund house with an AUM of Rs 86,000 crore as of the June quarter and is all set to cross the Rs 1 lakh crore mark by the September quarter.

Mphasis to transfer a portion of domestic business to KDMSL

Last Updated: Friday, July 10, 2015, 15:07

IT services provider Mphasis today said it will transfer a portion of its domestic business to Karvy Data Management Services for Rs 2.75 crore.

Saavn gets $100 mn funding from Tiger Global, others

Last Updated: Tuesday, July 7, 2015, 20:57

Music streaming company Saavn has closed a USD 100 million (about Rs 634 crore) funding round, led by Tiger Global Management.

ArthVeda launches Rs 2000-cr fund for low income housing

Last Updated: Friday, July 3, 2015, 17:10

"The Rs 2,000 crore fund will participate with multiple developers across India, including tier 2 and 3 cities, in the construction of affordable housing for low income households," the company said in a statement here.

GE to sell fleet services to Element for $6.9 bn

Last Updated: Monday, June 29, 2015, 21:19

General Electric said Monday it had agreed to sell its vehicle fleet management and financing services in the United States and three other countries to Canadian firm Element Financial for $6.9 billion.

Infosys launches biz management solution for banks' SME customers

Last Updated: Monday, June 29, 2015, 19:04

Software major Infosys on Monday launched mobile-based financial and business management solution 'Finacle SME Enable' to help banks enhance support and service for their Small and Medium business Enterprise (SME) customers.

Frauds can't be wished away; banks among easy prey: RBI

Last Updated: Sunday, June 28, 2015, 16:15

"More often than not, the frauds lead to tighter regulations. These aim at bringing in both corrective and preventive measures," he said, while adding that banks must follow three KY Principles, Know its Customer, Know its Employee and Know its Partner, to check frauds.