RBI bars Mastercard from onboarding new customers in India from July 22
The Reserve Bank of India (RBI) on Wednesday barred global card player Mastercard Asia/ Pacific Pte Ltd from onboarding new domestic customers on its network from July 22, due to non-compliance with guidelines on local data storage, despite ample time and adequate opportunities given to it. Read more here
Infosys Q1 net profit rises 23%; company hikes FY22 revenue guidance
Infosys Q1 FY22 numbers look like a balancing act, but a hike in its annual revenue guidance signals for a robust growth for the industry.