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

Janalakshmi Financial Services raises Rs 1,030 cr equity from TPG, others

Janalakshmi Financial Services (JFS), Bengaluru-based microfinance company which will morph into a small finance bank (SFB), has raised new equity capital of Rs 1,030 crores. Private equity player TPG is leading the current round of equity funding by investing a significant amount. Other current investors participating in this round are Morgan Stanley Asia managed PE… Continue reading Janalakshmi Financial Services raises Rs 1,030 cr equity from TPG, others

Bakshi-McDonald’s row: Board may meet this week to take call on 169 stores

The role of the administrator of Connaught Plaza Restaurants Ltd (CPRL) is set to gain precedence in the battle between estranged partners Vikram Bakshi and McDonald’s India Ltd (MIPL). While the two fight it out and the matter IS slated for next hearing on September 21, Justice G S Singhvi, who is the administrator on… Continue reading Bakshi-McDonald’s row: Board may meet this week to take call on 169 stores

GoPro Hero 5 Black: Jazz up your moments on camera with ‘QuikStories’ app

If you are an adventure enthusiast or an avid biker, want to shoot your experience and post videos on social media platforms seamlessly, here comes “GoPro Hero 5 Black” that has 4K video and voice control capabilities. As Indian travellers look for handy cameras with high-end feature s, US-based GoPro has developed a video-editing mobile… Continue reading GoPro Hero 5 Black: Jazz up your moments on camera with ‘QuikStories’ app

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

Infosys’ founders taking part in buyback won’t send wrong signal: Ex-CFO

Infosys founders participating in the Rs 13,000 crore buyback offer does not give any wrong signal to shareholders, the IT giant’s former CFO V Balakrishnan has said. Infosys on Monday had said that some of the members of the promoter and promoters group of the company have communicated their intention to participate in the proposed… Continue reading Infosys’ founders taking part in buyback won’t send wrong signal: Ex-CFO