News Overview

The deal aims to implement a complex cloud transformation, boosting TCS' communications and media vertical amidst industry slowdown

SpiceJet recently received three airframes through settlement agreements with key aircraft lessors, strengthening its fleet capabilities

Except banking, all other sectoral indices ended in the green, with telecom, power, and oil & gas sectors adding 3% each, while auto, capital goods, FMCG, Information Technology, healthcare, and metal sectors rose by 1-2%.

The contract, approved by the Cabinet Committee on Security (CCS), was signed under the Buy (Indian-IDDM) category.

The total transaction value for the purchase amounted to ₹446.61 Crore.

Oil & Gas, Power, Telecom, and Media sectors saw increases of 2-3% in their respective indices. BSE Midcap and Smallcap indices also rose by 2-3%.

On March 6, the RBI prohibited card issuers from entering into arrangements with card networks restricting them from utilizing services of other networks.

The net proceeds generated from the IPO will be utilized by Krystal Integrated Services for working capital requirements, funding capital expenditure, and general corporate purposes. Inga Ventures Pvt Ltd is the book running lead manager for the IPO, while Link Intime India Private Ltd serves as the registrar.

The NPCI, which handles UPI payments, is working with all banks to speed up the TPAP procedure by March 15.

Vedanta Ltd stated in a release that it intends to challenge the Sebi order through the suitable channels.