Kotak Mahindra Bank Ltd.’s “explosive” growth through digital channels has necessitated a completely different level of technology infrastructure, Chief Executive Officer Ashok Vaswani wrote to employees via email on Wednesday, following the Reserve Bank of India’s curbs on the lender.
Apple Inc has assembled $14 billion worth of iPhones in India in fiscal 2024, Bloomberg News reported on Wednesday. Apple now makes as much as 14% or about 1 in 7 of its marquee devices from India, the report said,
According to reports released today, Zomato CEO Deepinder Goyal wed Mexican businesswoman Grecia Munoz. Following a brief honeymoon, Deepinder Goyal and Grecia Munoz, a former model, returned to India in February, according to a report in The Hindustan Times that
Due to the ongoing crisis, the edtech company Byju’s has asked its 14,000 workers to work from home and has closed all of its offices save for its Bengaluru headquarters.With the exception of IBC Knowledge Park in Bengaluru, where more
At an estimated cost of 290 billion rupees ($3.5 billion), India plans to purchase over a dozen maritime surveillance aircraft from aviation giant Airbus SE in an effort to strengthen its position in the increasingly volatile Indian Ocean region.According to
A report that Jio Financial Services Ltd, owned by Reliance Industries, is in talks with Paytm to acquire its wallet business has been refuted. This comes amid an RBI crackdown on rule violations.The company stated in a regulatory filing late
