Exclusive

Publication

Byline

TCS announces $700mn deal to acquire US-based Salesforce consulting firm

New Delhi, Dec. 11 -- Tata Consultancy Services (TCS) is set to acquire Florida-based Coastal Cloud in an all cash deal of $700 million. Founded in 2012, Coastal Cloud is a leading multi-cloud Salesfo... Read More


Nepal terminates Double Taxation Avoidance agreement with Mauritius

Kathmandu, Dec. 11 -- The Government of Nepal has formally notified the Republic of Mauritius that it has terminated the bilateral Double Taxation Avoidance Agreement (DTAA) signed on August 3, 1999.M... Read More


Economic stability remains under threat without bank resolution regime: Experts at a seminar

, Dec. 11 -- Speakers and policy makers in a seminar on Thursday warned that Bangladesh's economic stability remains severely threatened without the immediate establishment of a credible bank resoluti... Read More


RBI accords prior approval for acquisition of up to 9.99% stake in Suryoday Small Finance Bank

India, Dec. 11 -- Suryoday Small Finance Bank announced that the Reserve Bank of India has vide letter dated 10 December 2025, accorded its prior approval to 1729 Capital and its associates (collectiv... Read More


RBI imposes monetary penalty on The Co-operative Urban Bank Limited - Parlakhemundi, Odisha

India, Dec. 11 -- The Reserve Bank of India (RBI) has, by an order dated December 9, 2025, imposed a monetary penalty of Rs. 13,000/- (Rupees Thirteen Thousand Only) on The Co-operative Urban Bank Lim... Read More


RBI cancels Certificate of Registration of Gem Investments & Trading Co Pvt Ltd

India, Dec. 11 -- The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of Gem ... Read More


RBI cancels Certificate of Registration of Shri Lakhavi Financial Services Limited (Name as per MCA portal -Zenlabs Ethica Limited)

India, Dec. 11 -- The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of Shri... Read More


RBI cancels Certificate of Registration of Vistar Financiers Pvt Ltd

India, Dec. 11 -- The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of Vist... Read More


RBI cancels Certificate of Registration of Ambica Barter Pvt Ltd

India, Dec. 11 -- The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of Ambi... Read More


Dixon Technologies share price rebounds 6.5% after hitting 1-year low

New Delhi, Dec. 11 -- Shares of electronic manufacturing services company Dixon Technologies share price staged a strong recovery in Thursday's session, December 11. The stock opened lower and even sl... Read More