Author: Neelam Kansarali

HCLTech’s EVP highlights its commitment to helping both current and prospective workers fulfil their professional potential and objectives, based on the broad tenets of opportunity, respect, and trusted employment. HCL Technologies (HCLTech), a global technology firm, has unveiled its new brand identity and logo, which are supported by the distinct positioning of Supercharging Progress, which embodies the business’s commitment to customers, its people, communities, and the world. The new ‘HCLTech’ brand and logo, according to the company, will be at the heart of its go-to-market strategy, representing its differentiated portfolio of services and products that supercharge digital transformation for enterprises…

Nithin Kamath, co-founder, and CEO of Bengaluru-based financial services firm Zerodha has announced a health campaign in which anyone who meets a defined target on 90% of days over the next year would receive a bonus. Zerodha, a financial services company that had urged its staff to focus on their health during the 2020 Covid epidemic, has now made fitness a routine.

Salesforce, a US cloud service company, has a strong focus on India from a revenue and talent viewpoint, according to Relina Bulchandani, executive vice president of real estate and workplace services.

A “long and ugly” global recession that might begin at the end of this year and last well into 2022 has been predicted by economist Nouriel Roubini, who is well recognised for correctly predicting the financial crisis the world experienced in 2008. He also anticipated a significant drop in the S&P 500. His warning comes in the wake of the Covid-19 outbreak and Russia’s invasion of Ukraine, along with high inflation rates in the US and all other major economies.

Blackstone Inc. has received a payment from Byju’s of 19 billion rupees ($234 million). The payment was made on Thursday for an interest in the learning centre network Aakash that Blackstone owns of approximately 38%.

Mahindra Finance is prohibited by RBI from utilising outside recovery agents. The central bank’s action followed claims that a 27-year-old lady was fatally run over by a tractor in Jharkhand’s Hazaribagh district by third-party debt collection agents working for M&M Finance. The central bank also said that the management of M&M Finance’s outsourcing activities had raised some serious supervisory concerns. The Reserve Bank of India (RBI) ordered Mahindra Financial Services to stop utilising third-party services for debt recovery the day before, and the business indicated today in an exchange filing that it anticipates car repossession activity to temporarily decline. The…

Nykaa Founder Falguni Nayar is now the richest woman in India. The businessman who has a net worth of 38,700 crores is ranked number 33 on the list of the top 100 billionaires. She is now the richest self-made Indian woman on the list, surpassing Biocon founder Kiran Mazumdar-Shaw. Nykaa within biggest gainers IIFL Wealth Management is one of the top wealth management firms in India, with an overall asset under management of more than INR 314,500 crore and serves as the investment and financial advisor to more than 6,800 powerful families in the High-Net-Worth Individuals (HNI) and Ultra HNI…

The Reserve Bank of India’s future liquidity strategy was a major topic of discussion at a meeting this week between officials from the central bank and a select group of investors in the government bond market, given the dramatic decline in surplus cash in the banking sector. Drop in Liquidity According to the Reserve Bank of India, India’s banking sector liquidity has fallen into deficit for the first time in almost 40 months. On Tuesday, the RBI pumped 218 billion Indian rupees ($2.73 billion) into the banking system since May 2019. Overnight rates remain higher, with the one-day call money…

India is appealing for investment since it is well-positioned in terms of macroeconomics and profitability. Smallcaps are appealing both in terms of profits and value. Emerging countries markets, particularly Latin America and India, remain appealing for global asset allocation. Rapidly moving market In an interview with CNBC, Ashok Hinduja, Chairman of the Hinduja Group, said that India is a tremendous market and the “best bet” in the world economy. The chairman predicts a recession in the biggest economies, but he is optimistic about India, referring to it as “the very enormous developing.” The Hinduja Group has its headquarters in India,…

According to the new RBI regulation for the protection of credit and debit card data, the real card details are swapped out for an alternative code called a token. The Reserve Bank of India (RBI) is prepared to implement its card-on-file tokenization regulations as of October 1, after receiving several complaints about the abuse of debit or credit cards. According to a report by the news agency PTI, adding this layer of protection through tokenization is likely to improve consumers’ experiences with digital payments. Because they had saved their card information on the merchant’s websites for future purchases, a number…