FINANCE – Page 195 – msmenews.sbs

DBS Group workforce shrinking 10%, plans to cut 4,000 jobs due to AI

AIMPWAFebruary 28, 2025

Singapore’s DBS Group sees its workforce shrinking by 4,000 or 10 per cent over the next three years, due to deployment of artificial intelligence, group CEO Piyush Gupta said at an industry event. In a fireside chat at an event organised by Nasscom, Gupta said that in 2016-17 the bank had identified 1,600 jobs that...

Delhi HC asks probe agencies to exercise caution over blanket freezing of bank accounts

AIMPWAFebruary 28, 2025

The Delhi High Court has asked probe agencies to exercise care and caution over blanket freezing of bank accounts. The matter before Justice Manoj Jain related to one such action of the agencies on the petitioner company’s account, having a withdrawal balance of more than ₹93 crore, but witnessing an innocuous entry of ₹200. “Such...

BoB announces launch of pilot CBDC-based ‘Loyalty/Cashback Programme’ for merchants

AIMPWAFebruary 27, 2025

Bank of Baroda (BoB) on Thursday announced the pilot launch of a ‘Loyalty/Cashback Programme’ functionality for merchants based on the ‘programmability’ aspect of the Central Bank Digital Currency (CBDC) in collaboration with a fintech company. This functionality will enable small and medium merchants to independently design and launch loyalty/cashback programmes for their customers, usually designed...

Large NBFCs expect lower cost of funds post rollback of higher risk weights

AIMPWAFebruary 27, 2025

Non-banking finance companies (NBFCs), especially large sized ones, are expecting a fall in their cost of funds (CoF) after the Reserve Bank of India’s (RBI) move this week to rollback 25 per cent higher risk weight assigned on bank loans to NBFCs in late 2023, bankers say. Raul Rebello, MD & CEO, Mahindra & Mahindra...

Non-bank brokers assess impact of SEBI, RBI nod for G-sec trading

AIMPWAFebruary 27, 2025

Non-bank brokers are assessing the costs and benefits of SEBI and the RBI’s move to grant them direct access to the Negotiated Dealing System-Order Matching (NDS-OM) platform for trading in government securities and have hailed the move as a game-changer for India’s debt market. G-secs, with their sovereign backing and high liquidity, have always been...

Ministry Of Coal To Host Mumbai Roadshow To Boost Investment In Coal Sector

AIMPWAFebruary 27, 2025

Mumbai, Feb 27 (KNN) The Ministry of Coal will conduct a roadshow in Mumbai on February 28, 2025, at The Taj Mahal Palace as part of its ongoing initiative to highlight investment opportunities in the coal sector and commercial coal mine auctions. Union Minister of Coal and Mines, Shri G Kishan Reddy, will attend as...

DPIIT-Paytm Partnership To Boost Innovation In Manufacturing and Fintech Startups

AIMPWAFebruary 27, 2025

New Delhi, Feb 27 (KNN) The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, has entered into a strategic partnership with Paytm (One97 Communications Limited) through the signing of a Memorandum of Understanding (MoU) aimed at fostering innovation and accelerating growth in India’s manufacturing and fintech startup sectors. This collaboration will...

EPFO Adopts Unified Pension Scheme, Enhances Digital Infrastructure At 112th EC Meeting

AIMPWAFebruary 27, 2025

New Delhi, Feb 27 (KNN) The 112th meeting of the Executive Committee (EC) of the Central Board of Trustees, Employees’ Provident Fund Organisation (EPFO), was held at the EPFO Head Office in New Delhi on February 25, 2025. Ms. Sumita Dawra, Secretary of the Ministry of Labour and Employment, chaired the meeting, which was attended...

India’s Bioeconomy Surges to USD 130 Bn; CSIR-IMTECH’s Microbial Research To Drive Biotech Innovation

AIMPWAFebruary 27, 2025

Chandigarh, Feb 27 (KNN) Union Minister of State (Independent Charge) for Science and Technology, Dr. Jitendra Singh, conducted an inspection of the Microbe Repository and other facilities at the CSIR-Institute of Microbial Technology (CSIR-IMTECH) while receiving updates on the institute’s ongoing projects. During his review, Dr. Singh emphasised the critical role of microbial technology as...

Quality Standards and Policy Support Propel India’s Toy Industry: Report

AIMPWAFebruary 27, 2025

New Delhi, Feb 27 (KNN) India’s toy industry is on a robust growth trajectory, with the potential to capture a larger share of the global toy market, which is projected to reach USD 179.4 billion by 2032, according to a report by Punjab National Bank (PNB). The industry is undergoing a transformation driven by skill...

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STARTUPs

Startup Battlefield 200 applications close at midnight

AIMPWAJune 16, 2025

These are your final hours to apply to the most iconic pitch competition in tech — Startup Battlefield 200. Battle it out in front of 10,000+ startup leaders, investors, and media at TechCrunch Disrupt 2025. It’s your moment to be seen, funded, and remembered — and maybe even walk away with $100,000 in equity-free funding....

STARTUPs

The investor experience at TC All Stage

AIMPWAJune 16, 2025

TechCrunch All Stage isn’t a waiting room for warm intros — it’s a floor full of founders, ideas, and breakout potential. For VCs, it’s a rare chance to skip the filters and meet the future of tech in one place, on one day, with no layers between you and the next standout story. Whether you’re...

What makes TechCrunch All Stage different from other startup events? Answers to your most pressing questions

AIMPWAJune 16, 2025

Tech and startup events have a formula. You know it. We know it. We’ve all done it. But TechCrunch All Stage 2025, which we’re hosting July 15 at the SoWa Power Station in Boston, is designed to break out of that rinse-and-repeat model — and focus on what early-stage startups actually need to know, right...

STARTUPs

The founder experience at TechCrunch All Stage: Built for people building what’s next

AIMPWAJune 16, 2025

For a founder, time is the one resource you can’t raise. That’s why TechCrunch All Stage — happening July 15 in Boston’s SoWa Power Station — is designed to make every minute count. Whether you’re at the whiteboard sketching v1 of your product or figuring out how to lead a team of 50, TechCrunch All...

STARTUPs

What to expect at TechCrunch All Stage: One day, countless connections and takeaways

AIMPWAJune 16, 2025

Whether you’re a founder gearing up for your next raise or a VC scouting your next portfolio win, TechCrunch All Stage, happening July 15 at Boston’s SoWa Power Station, packs more into one day than most multi-day conferences manage to deliver. This isn’t your typical sit-and-listen event. It’s designed to help you build momentum in...

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Latest Posts

DBS Group workforce shrinking 10%, plans to cut 4,000 jobs due to AI

Delhi HC asks probe agencies to exercise caution over blanket freezing of bank accounts

BoB announces launch of pilot CBDC-based ‘Loyalty/Cashback Programme’ for merchants

Large NBFCs expect lower cost of funds post rollback of higher risk weights

Non-bank brokers assess impact of SEBI, RBI nod for G-sec trading

Ministry Of Coal To Host Mumbai Roadshow To Boost Investment In Coal Sector

DPIIT-Paytm Partnership To Boost Innovation In Manufacturing and Fintech Startups

EPFO Adopts Unified Pension Scheme, Enhances Digital Infrastructure At 112th EC Meeting

India’s Bioeconomy Surges to USD 130 Bn; CSIR-IMTECH’s Microbial Research To Drive Biotech Innovation

Quality Standards and Policy Support Propel India’s Toy Industry: Report

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Startup Battlefield 200 applications close at midnight

The investor experience at TC All Stage

What makes TechCrunch All Stage different from other startup events? Answers to your most pressing questions

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Startup Battlefield 200 applications close at midnight

The investor experience at TC All Stage

What makes TechCrunch All Stage different from other startup events? Answers to your most pressing questions

The founder experience at TechCrunch All Stage: Built for people building what’s next

What to expect at TechCrunch All Stage: One day, countless connections and takeaways

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