Business Standard

News digest: Dollar swap facility, cooking fuel subsidy, CV demand and more

CEO Salil Parekh says firm has shortlisted 20 possible acquisitions

news digest
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BS Web Team New Delhi
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

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