SBI extends pact with TCS for five more years

New Delhi: Tata Consultancy Services (TCS) on Wednesday said its long-standing pact with SBI has been extended for another five years. As part of the contract, it will continue to maintain and enhance SBI’s application estate with new features and functionality. pti

Mumbai

Coinswitch raises $260m; second crypto unicorn now

Coinswitch Kuber on Wednesday said it has raised $260 million (around Rs 1,943 crore) in a fundraising round that values it at $1.9 billion. The company becomes the second crypto exchange to achieve the unicorn status after rival Coindcx. pti

Mumbai

Surging oil triggers global selloff, Sensex dips 555 pts

Markets were caught in a global selloff on Wednesday as hardening crude oil prices stoked fears of rising inflation. The Sensex slumped 555.15 points to close at 59,189.73 while the Nifty tumbled 176.30 points to 17,646. pti

New Delhi

EGM: Zee moves NCLAT against Invesco’s plea

Zee on Wednesday moved the NCLAT against the plea of Invesco and OFI Global China Fund to convene an EGM to discuss various issues, including removal of MD Punit Goenka. PTI

New Delhi

100% FDI in telecom services sector notified

The government on Tuesday notified its decision to permit 100% FDI under automatic route in the telecom services sector. The government said foreign investment will be subject to the condition of Press Note 3 of 2020. pti

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