By Venkatachari Jagannathan, Chennai : Only the naive would believe that just two officials were involved in the $1.8 billion fraud in Punjab National Bank (PNB) and that the whole bank was in the dark for the past seven years, said a top leader of a major bank union....
By Krishna SinhaChaudhury, Mumbai : When it comes to digital transformation, sectors like the Banking, Financial Services and Insurance (BFSI), and telecom, will become the growth engines for India and IBM is ready to meet the technology requirements, a top company...
New York : IT services and outsourcing provider Wipro Limited and Tata Steel Ltd are the two Indian firms that have been selected among 135 world's most ethical companies for 2018 by the US-based think tank Ethisphere Institute. The 135 companies dedicated to...
New Delhi : The Indian electric vehicles (EV) market is expected to grow at double digit rates till 2020, while the nascent telematics market is also poised to develop at a much faster rate, industry chamber Assocham said on Sunday. The EV industry in the country is...
Riyadh : Saudi Arabia’s civil aviation authority late Wednesday denied granting permission to Indian planes to use the Kingdom’s airspace to cross into Israel. A spokesman for the General Authority of Civil Aviation (GACA) in Saudi Arabia that the Authority did not...
By Saket Suman, New Delhi : Millions of copies of "One Hundred Years of Solitude" by Gabriel García Márquez have been sold globally. Everybody saw Márquez's name on the cover but little attention was paid to Gregory Rabassa, whose translation of the novel into English...
Frankfurt, Germany: Turkey's national flag carrier Turkish Airlines (THY) carried 4.11 million passengers across Germany in 2017, according to an airline official. "In 2017 almost 4.11 million passengers travelled by Turkish Airlines and its partner in Germany. Our...
San Francisco : Riding on its growing Cloud business especially Azure offerings, Microsoft has reported a revenue of $28.9 billion for the fourth quarter that ended December 31. This was up 12 per cent from $25.8 billion in the same quarter last year. The company...
New Delhi : Petrol prices approached a three-and-a-half-year high in Delhi on Thursday at Rs 73.05 per litre. The previous high in the national capital was Rs 73.60 a litre in July 2014, data from the Indian Oil Corp showed. On Wednesday, price of petrol in the city...
New Delhi : Corporate India's journey toward digital transformation has introduced new risks, especially around managing data, over the last two years, a study by global professional services firm EY said here on Wednesday. According to EY's Global Forensic Data...