Infy poised for inorganic play
Undeterred by controversies surrounding the acquisition of Panaya and its subsequent decision to sell the Israeli automation firm it had bought in 2015, Infosys, India’s second-largest information technology services firm, is poised for a major inorganic play. Read more
Market expects dollar swap facility for oil companies
The need to open a special dollar swap facility for state-owned oil-marketing companies (OMCs) is one of the measures that could be announced in the coming days after discussions with the oil ministry. Read more
Cooking fuel subsidy to see 66% jump
Rising crude oil prices have upset