HSBC appoints Jayant Rikhye as CEO India

The Hongkong and Shanghai Banking Corporation (HSBC) on Monday appointed Jayant Rikhye as the Chief Executive Officer for India operations. He will take charge on December 1 and will be succeeding Stuart Milne, who has held the position for five years. Rikhye joined the bank in 1989 and is currently the head of international markets,… Continue reading HSBC appoints Jayant Rikhye as CEO India

Death toll in Mumbai’s Elphinstone foot overbridge stampede rises to 23

Hiloni, 22 Her aunt Bharati Arya, who was also at the hospital, said Hiloni’s mother had kept a fast in Navratri for her well-being, and nobody had the heart to tell her that Hiloni was no more. “Her parents and her grandparents were so happy when she completed her chartered accountancy and found a job.… Continue reading Death toll in Mumbai’s Elphinstone foot overbridge stampede rises to 23

Apple’s iPhone X to have 3D facial scanner, OLED screen, improved cameras

Apple’s most important new phone for years will be called the iPhone X, according to a leak of the company’s latest mobile operating system. Strings of software code inside of the leaked operating system, first detailed by Apple news website 9to5Mac, show the expected three new phones will be called the iPhone 8, iPhone 8… Continue reading Apple’s iPhone X to have 3D facial scanner, OLED screen, improved cameras

Facebook, Instagram users face outage

Many Facebook users today reported experiencing an outage as they “struggled” to access the popular social media site. A section of users across geographies, including the US and Europe, reported that they faced log-in problems, while others had a difficulty in uploading videos, liking or commenting on posts, loading pages, or saw error messages. It… Continue reading Facebook, Instagram users face outage

Young digital artists anxious about technology

Digital art at Sotheby’s? The auction house is better known for selling canvases by Andy Warhol and Jean-Michel Basquiat for $100 million-plus than for showing what many collectors still regard as ephemera. Yet the Sotheby’s S2 gallery in New York, normally used for exhibitions of contemporary art, is currently the site of a show featuring… Continue reading Young digital artists anxious about technology

Vodafone, Idea CEOs expect merger to be completed in 2018

A day after the Competition Commission of India gave its nod to the Vodafone India-Idea Cellular merger, both companies in a joint statement said other statutory approvals were expected to come soon and the transaction will be completed during 2018. “We welcome the decision of the Competition Commission of India approving the proposed merger of… Continue reading Vodafone, Idea CEOs expect merger to be completed in 2018

Personal loans made easy via ATMs and apps: How it works

It’s not just large private sector banks that are offering instant loans to their customers through ATMs or via online bank accounts. Financial technology start-ups are changing the way personal loans are disbursed to borrowers. Recently, India’s largest private sector lender, ICICI Bank, started offering personal loans to its pre-selected salaried customers through its ATMs.… Continue reading Personal loans made easy via ATMs and apps: How it works