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HealthEdge deal marks Frank D’Souza’s redux

BENGALURU: It’s something of a Francisco D’Souza redux. After stepping down as Cognizant CEO, D’Souza co-founded Recognize. Now, Bain Capital, in partnership...

Cloudflare outage disrupts stock trades at new age cos

MUMBAI: Most tech-driven financial services platforms faced outages during Friday’s high-intensity late session due to tech-glitch at Cloudflare, one of the companies...

Frontier to buy B K Birla group co Kesoram

Kolkata: 106-year-old Kesoram Industries, once the flagship of the B K Birla group, is being acquired by Frontier Warehousing, a city-based storage...

RBI clarifies IMF’s remarks on its data

MUMBAI: RBI deputy governor Poonam Gupta has responded to recent IMF comments questioning the quality of India’s growth data and classifying the...

IMF comment on process not numbers, base year revision to address all issues: RBI DG

MUMBAI: Reserve Bank of India's Deputy Governor, Poonam Gupta, has responded to recent International Monetary Fund (IMF) comments questioning the quality of...

Forex reserves fall by $1.88 bn to $686 bn as FCA declines; gold holdings rise: RBI

India’s foreign exchange reserves fell by $1.877 billion to $686.227 billion for the week ended November 28, the Reserve Bank of India...

IndiGo chaos: CEO Pieter Elbers expects cancellations to fall below 1,000 on Saturday; full normalisation likely by December 10–15

IndiGo CEO Pieter Elbers on Friday said the airline expects to cancel fewer than 1,000 flights on Saturday, adding that operations should...

Netflix to acquire Warner Bros: Why it is a BIG deal | Business

Netflix was born out of the resentments of the video cassette age. Anyone who lived through the 1990s remembers the ritual: rushing...

IndiGo crisis fallout: Stock sinks over 7% in four days; mass flight cancellations deepen passenger chaos

Shares of InterGlobe Aviation, the parent of IndiGo, have fallen more than 7 per cent over the past four trading sessions as...

India-Russia talks: Modi, Putin seek swift investment agreement; both sides eye $100-bn trade target by 2030

Prime Minister Narendra Modi and Russian President Vladimir Putin on Friday directed their officials to accelerate negotiations on a “mutually beneficial” agreement...

Wall Street today: S&P 500 inches toward record high; rate-cut bets firm as retailers rally, Netflix slips

The US stock market edged closer to its all-time high on Friday, with Wall Street drifting toward the end of a relatively...

FPI rulebook revamp: Sebi proposes simplified registrations; clearer KYC rules, unified framework on cards

Sebi on Friday proposed a comprehensive overhaul of the Foreign Portfolio Investor (FPI) framework, aiming to streamline registrations and introduce an abridged...

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