Facing allegations of front running and a reported regulatory probe, Axis Asset Management on Friday said it has been suo moto investigating the case since February and has suspended two fund managers pending completion of the investigation. Further, the asset management company has used external advisors to aid the investigation, Axis AMC said in a [...]
New Delhi, May 6 (PTI) Union Minister Parshottam Rupala on Friday handed over a cow dung log machine "Go Kasht" to IIT-Delhi's Project Arth that aims to replace wood with modified cow dung logs for conducting the hindu practice of cremations in India. IIT-Delhi's Project Arth and ENACTUS has taken up an initiative to redefine [...]
Chennai, May 6 (PTI): Intellect Design Arena Ltd, a cloud native, multi-product financial technology company, has recorded a 28.11 per cent rise on its revenue for the quarter ending March 31,2022 at Rs 5,094 million, the company said on Friday. The city-based company had recorded total revenue at Rs 3,976 million during corresponding period previous [...]
NEW DELHI, May 6, 2022 /PRNewswire/ -- Deakin University, Australia India Business Council Ltd Victoria Chapter (AIBC Vic) and Confederation of Indian Industry (CII) jointly hosted a CEO roundtable in Melbourne on 5th May 2022. The event was attended by CEOs and senior representatives of Australian businesses from across sectors. The prime objective of the [...]
L&T Infotech and Mindtree on Friday announced a mega-merger to create an efficient and scaled-up IT services provider, exceeding USD 3.5 billion in combined revenue, according to a statement. The name of the combined entity will be 'LTIMindtree', the statement said. In an all-share deal, L&T Infotech will offer 73 shares for every 100 shares [...]
HYDERABAD, India, May 6, 2022 /PRNewswire/ -- KL Deemed-to-be University, one of the leading universities in the country for graduation and higher education has today inaugurated KLH Global Business School, an ultra-modern B-School dedicated to its internationally normative business courses. Located amidst the corporate houses at Kondapur, Hyderabad, KLH GBS offers a range of top-ranking [...]
LUDHIANA, India, May 6, 2022 /PRNewswire/ -- JCI is known for recognizing and honoring young talent in different area. On 5th May, JCI (Ludhiana) honored ex U19 Indian cricketer Nehal Wadhera who has become talk of the nation by creating a few world records in the last week. Merely seven months back, Nehal Wadhera was [...]
IT company Happiest Minds Technologies has reported 44.5 per cent rise in net income at Rs 52 crore for March quarter, on a 39 per cent growth in revenue amid record high attrition that has almost doubled over the previous fiscal year. During the quarter, the mid-sized software firm said, its revenue rose to Rs [...]
