Category: Finance
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RBI to Launch Dedicated Domain Names for Banks to Combat Online Frauds
To combat the rising tide of digital payment fraud and enhance online banking security, the Reserve Bank of India (RBI) will introduce exclusive domain names for banks and non-bank financial institutions starting in April 2025. Banks will be assigned the “.bank.in” domain, while non-bank financial companies (NBFCs) will operate under the “.fin.in” domain. The Institute…
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British International Investment to partner with City of London’s institutional investors for climate finance
The City of London can consolidate its position as a global capital for climate finance by working with British International Investment (BII), the UK’s development finance institution and impact investor, in the battle to combat the climate emergency. Last year, the UK Prime Minister announced BII would manage a new £100 million Mobilisation Facility to…
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Budget 2025-26: A Golden Opportunity for India’s AI Revolution
By: Vivek Surve, AI Expert and Founder, Oreo One Digital India stands poised at the cusp of an AI-powered revolution, with the potential to transform its economy and society. The upcoming Union Budget 2025-26 presents a critical opportunity to nurture this burgeoning sector and solidify India’s position as a global AI leader. This budget holds…
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Innoviti Allocates Additional Rs. 25 Crore of ESOPs
Innoviti Technologies Pvt. Ltd., India’s leading payments-centric retail SaaS platform, has announced an additional allocation of ₹25 crore in employee stock ownership plans (ESOPs) to 110 employees. This move is part of the company’s preparation for its anticipated initial public offering (IPO) in the next 12 months. With this latest allocation, the total ESOP pool…
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Computershare Adds 435 Employees in Two Years Since its Launch in India
Computershare has grown its workforce in India from just 10 employees to 435 over the last two years since its launch in the country. The company recently celebrated its two-year anniversary in India, marked by a visit from CEO Stuart Irving and senior executives to its Hyderabad office. Computershare’s India employees support its Corporate Trust…
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Ohm Mobility Rebrands as Ohm Daily; offers sachet financial services
Ohm Mobility, an EV financing technology platform that has enabled thousands of EV users to efficiently access institutional capital from financial institutions like IDFC, EvFin, Bike Bazaar, and Ecofy has rechristened the brand as Ohm Daily. Founded by Oxford alumni and Skoll scholars Nikhil Nair and Nikhil Saigal, Ohm Daily aims to address a critical…
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Coforge Reports Strong Q2 Growth with 34.5% YoY Revenue Increase
Coforge Limited, a leading global IT solutions company, delivered an impressive Q2 FY25 performance, reporting a 34.5% year-on-year (YoY) revenue growth to INR 30,623 million (US$ 369.4 million). EBITDA rose 39.2% YoY, while the signed order book for the next 12 months reached $1.31 billion, up 40% YoY. The company added 5,871 employees during the…
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Thomas Cook partners with Cricket Australia for the Border-Gavaskar Trophy 2024/25
Thomas Cook (India) Limited and SOTC Travel have partnered with Cricket Australia for the highly anticipated Border-Gavaskar Trophy 2024/25. On the back of the collaboration, the Companies’ have curated exceptional products offering cricket aficionados an unforgettable travel experience centered around the 5 thrilling Test matches from November 22, 2024 – January 7, 2025. The matches…
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ESAF Small Finance Bank undertakes heartfelt ‘Clap Of Joy’ Campaign
ESAF Small Finance Bank, the new-age bank, has launched an emotional and innovative ‘Clap of Joy’ campaign to celebrate its anniversary. This unique campaign, envisioned by the brand, had an 8-member crew set out on a journey in a themed vehicle. The intention was to gauge the emotion that ESAF, as a brand, stood for.…
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AI to Transform Financial Management for Indian SMEs and MSMEs
Indian SMEs (Small and Medium Enterprises) and MSMEs (Micro, Small, and Medium Enterprises) make up more than 60 million enterprises, contributing to over 30% of the nation’s GDP and employing more than 110 million people. Despite their importance, these businesses often struggle with managing finances, maintaining accurate records, and staying compliant with regulations. Artificial intelligence…
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