Infosys expands strategic partnership with Google Cloud
on August 21 announced it has expanded its partnership with Google
Cloud to become a Google Cloud Managed Service Provider (MSP). As a
qualified MSP, Infosys will offer clients full application lifecycle
services with its deep cloud and data analytics expertise, the
Bengaluru-headquartered company said in a statement.
P Chidambaram arrested amid high drama, to appear before CBI court on Thursday
Finance Minister P Chidambaram has been arrested from his residence in
Jor Bagh locality of New Delhi. He has been taken to the Ram Manohar
Lohia Hospital for a medical check-up, following which he will be taken
to the CBI headquarters. He is expected to be produced before a special
CBI court today. Earlier on Wednesday, Chidambaram's legal team tried to
get anticipatory bail for him from the Supreme Court in the INX Media
Chief economic advisor K Subramanian asks India Inc to stop socialising losses
economic advisor K Subramanian Wednesday called for a "mindset change"
in the private sector by desisting from the tendency to grab profit and
socialise losses and also seek sops in times of stress. He also said it
will be only investment and not consumption that will help the economy
grow, explaining that the latter boosts an economy with a higher per
capita income of say $10,000 or more.
Weak growth is highest priority: RBI policy minutes
Reserve Bank of India (RBI) lowered its benchmark interest rates for a
fourth straight meeting this month with a slightly bigger than expected
cut, underscoring its worries about the near-five year low economic
growth pace. The six-member monetary policy committee (MPC) cut the repo
rate by an unconventional 35 basis points (bps) to 5.40%.
Suspect corporate fraud? Inform SEBI and earn Rs 1 crore
regulator Securities and Exchange Board of India (SEBI) on Wednesday
announced whistleblowers will get monetary reward of up to Rs 1 crore
amid growing number of scams in corporate India. In a board meeting
today, the regulator approved monetary reward for cases in which the
whistleblower's information leads to a disgorgement of at least Rs 1
Nirav Modi to appear via video link from prison for remand hearing in UK
diamantaire Nirav Modi, wanted in India in connection with the nearly
USD 2 billion Punjab National Bank (PNB) fraud and money laundering
case, is set to appear before a UK court for his customary 28-day remand
hearing today. Under the UK's law, Modi is expected to be produced
before the court every four weeks.