ICICI Bank launches voice password facility for users

Mumbai

ICICI Bank on Monday said it has launched a service where customers can make transactions using just their voice, without using other means of authentication like a password. The voice recognition service authenticates customers based on their speech patterns and allows them to execute banking transactions through the bank's call centre, the bank said. PTI

NEW DELHI

India Inc raises Rs 11,500 cr via rights issue

India Inc raised a staggering Rs 11,500 crore through rights issue offering since the beginning of 2015, making it the highest fund mobilisation through the route in seven years. As many as six companies collectively raised about Rs 11,500 crore this year so far as against Rs 5,224 crore in 2014. PTI

New Delhi

Indian Oil Corp to infuse Rs 1,000 crore in CPCL

Indian Oil Corp (IOC) will invest Rs 1,000 crore for raising its stake in Chennai Petroleum Corporation Ltd (CPCL), which will use the money for expanding operations. The Board of CPCL on Saturday decided to increase the authorised share capital of the company from Rs 400 crore to Rs 1,400 crore, the company said. PTI