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RBI's CBDC Yet Another Step in Taking Indian Payments Ahead, JPMorgan Blockchain Head Says
RBI's approach towards exploring the inclusion of the eRupee into the existing financial system has garnered applaud from Maveen Mallela, the global co-head of JPMorgan’s blockchain and digital currency unit called ‘Onyx’. The CBDCs is yet another step in taking Indian payments ahead, he said.
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"Need Little Bit More Of That In US": JP Morgan CEO Praises PM Modi
JP Morgan Chase chief executive officer (CEO) has praised Prime Minister Narendra Modi for doing an "unbelievable job" in India.
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"Nightmare": JP Morgan Vice President Faces Caste Bias In Gujarat's Housing Complex
Taking to X, Anirudh Kejriwal shared his grievances, tagging the Gujarat Police, Gujarat BJP, the Chief Minister of Gujarat, and other stakeholders.
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''True Legend'': Paytm's Vijay Shekhar Sharma Hails Uday Kotak As ''India's Jamie Dimon''
In a post on X, he lauded Mr Kotak's contributions to the Indian banking sector, and called him the ''Jamie Dimon of India.''
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World Fintech Day: Blockchain Is Here to Stay, Existing Fintech Players Must Welcome Web3, Say Experts
On the World Fintech Day, Web3 insiders from India have highlighted that blockchain is the next big refreshment to global financial systems. Meanwhile, the speed at which countries adopt blockchain and integrate it with their financial systems, has been called the metric that would change the game for nations looking to lead the Web3 revolution set...
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Reliance Jio to Sign $1.7 Billion Deal With Nokia for Purchase of 5G Network Equipment: Report
Reliance Jio Infocomm is reportedly gearing up to sign a contract worth $1.7 billion (roughly Rs. 14,016 crore) with Nokia this week to purchase 5G network equipment. The contract could be signed as early as Thursday in Helsinki, Finland. HSBC, JP Morgan and Citigroup are reportedly backing Jio's 5G-related purchases.
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Jio's Unlimited 5G Plans Put Airtel on Back Foot in India, Delay Profits: JP Morgan
The launch of cheaper postpaid plans with unlimited 5G by Reliance's Jio has put rival Bharti Airtel on the back foot in the Indian market and may delay recovery in its key profit metric, JP Morgan analysts said on Thursday.
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TCS, Infosys Have Highest Exposure to US Regional Banks, Says JP Morgan After SVB Collapse
Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at JP Morgan said on Friday.
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Indian IT Sector Growth Boom to End Due to Soaring Inflation, Supply Chain Issues, Predict JP Morgan Analysts
JP Morgan analysts have downgraded Indian IT sector to ‘underweight’ as they predict it will face an end to growth boom enjoyed during the pandemic. Soaring inflation, supply chain issues and the hit from the Ukraine war has been listed down as some of the major reason for this fall.
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Supreme Court Asks JP Morgan To Deposit ₹140 Crore
The Supreme Court today directed multi-national firm JP Morgan to deposit ₹140 crore, which was Amrapali Group home buyers' money and allegedly siphoned off in contravention to the norms as per the forensic auditors report and last year's order in the case.
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JP Morgan's Rs 187 Crore-Assets Attached, Firm Denies Wrongdoing In Top Court
The Enforcement Directorate on Wednesday informed the Supreme Court that it has attached the assets worth Rs 187 crore of multi-national firm JP Morgan alleged to have been involved in syphoning of Amrapali Group home buyers money.
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JP Morgan Assets To Be Attached For Alleged Foreign Exchange Violation
The Supreme Court has told the Enforcement Directorate to attach Indian properties of JP Morgan, which engaged in a transaction with the now-defunct Amrapali Group to allegedly siphon off homebuyers' money in violation of the Foreign Exchange Management Act (FEMA) and foreign direct investment norms.
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PM Narendra Modi Meets Tony Blair, John Howard, Henry Kissinger In Delhi
Prime Minister Narendra Modi on Tuesday met former British Prime Minister Tony Blair and former Australian Prime Minister John Howard who are in India to attend JP Morgan International Council Meet.
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In Alleged E-Mail Fraud, Crores Sent To Fake Account By Government Firm
The CBI has registered a case against top officials of a public sector helicopter service company on the basis of a Central Vigilance Commission (CVC) complaint that they had transferred Rs 1.85 crore to a fake bank account in Indonesia instead of a Russian firm contracted for servicing chopper engines in 2016. The objective of the probe is to chec...
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Pakistan Reopens Terror Camps Along Border, Security Agencies On Alert
Pakistan has reactivated all the terror camps it had temporarily shut down along the line of control, intelligence agencies have reported, indicating the need for security agencies to brace themselves for an increase in infiltration attempts in the days to come.
-
RBI's CBDC Yet Another Step in Taking Indian Payments Ahead, JPMorgan Blockchain Head Says
RBI's approach towards exploring the inclusion of the eRupee into the existing financial system has garnered applaud from Maveen Mallela, the global co-head of JPMorgan’s blockchain and digital currency unit called ‘Onyx’. The CBDCs is yet another step in taking Indian payments ahead, he said.
-
"Need Little Bit More Of That In US": JP Morgan CEO Praises PM Modi
JP Morgan Chase chief executive officer (CEO) has praised Prime Minister Narendra Modi for doing an "unbelievable job" in India.
-
"Nightmare": JP Morgan Vice President Faces Caste Bias In Gujarat's Housing Complex
Taking to X, Anirudh Kejriwal shared his grievances, tagging the Gujarat Police, Gujarat BJP, the Chief Minister of Gujarat, and other stakeholders.
-
''True Legend'': Paytm's Vijay Shekhar Sharma Hails Uday Kotak As ''India's Jamie Dimon''
In a post on X, he lauded Mr Kotak's contributions to the Indian banking sector, and called him the ''Jamie Dimon of India.''
-
World Fintech Day: Blockchain Is Here to Stay, Existing Fintech Players Must Welcome Web3, Say Experts
On the World Fintech Day, Web3 insiders from India have highlighted that blockchain is the next big refreshment to global financial systems. Meanwhile, the speed at which countries adopt blockchain and integrate it with their financial systems, has been called the metric that would change the game for nations looking to lead the Web3 revolution set...
-
Reliance Jio to Sign $1.7 Billion Deal With Nokia for Purchase of 5G Network Equipment: Report
Reliance Jio Infocomm is reportedly gearing up to sign a contract worth $1.7 billion (roughly Rs. 14,016 crore) with Nokia this week to purchase 5G network equipment. The contract could be signed as early as Thursday in Helsinki, Finland. HSBC, JP Morgan and Citigroup are reportedly backing Jio's 5G-related purchases.
-
Jio's Unlimited 5G Plans Put Airtel on Back Foot in India, Delay Profits: JP Morgan
The launch of cheaper postpaid plans with unlimited 5G by Reliance's Jio has put rival Bharti Airtel on the back foot in the Indian market and may delay recovery in its key profit metric, JP Morgan analysts said on Thursday.
-
TCS, Infosys Have Highest Exposure to US Regional Banks, Says JP Morgan After SVB Collapse
Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at JP Morgan said on Friday.
-
Indian IT Sector Growth Boom to End Due to Soaring Inflation, Supply Chain Issues, Predict JP Morgan Analysts
JP Morgan analysts have downgraded Indian IT sector to ‘underweight’ as they predict it will face an end to growth boom enjoyed during the pandemic. Soaring inflation, supply chain issues and the hit from the Ukraine war has been listed down as some of the major reason for this fall.
-
Supreme Court Asks JP Morgan To Deposit ₹140 Crore
The Supreme Court today directed multi-national firm JP Morgan to deposit ₹140 crore, which was Amrapali Group home buyers' money and allegedly siphoned off in contravention to the norms as per the forensic auditors report and last year's order in the case.
-
JP Morgan's Rs 187 Crore-Assets Attached, Firm Denies Wrongdoing In Top Court
The Enforcement Directorate on Wednesday informed the Supreme Court that it has attached the assets worth Rs 187 crore of multi-national firm JP Morgan alleged to have been involved in syphoning of Amrapali Group home buyers money.
-
JP Morgan Assets To Be Attached For Alleged Foreign Exchange Violation
The Supreme Court has told the Enforcement Directorate to attach Indian properties of JP Morgan, which engaged in a transaction with the now-defunct Amrapali Group to allegedly siphon off homebuyers' money in violation of the Foreign Exchange Management Act (FEMA) and foreign direct investment norms.
-
PM Narendra Modi Meets Tony Blair, John Howard, Henry Kissinger In Delhi
Prime Minister Narendra Modi on Tuesday met former British Prime Minister Tony Blair and former Australian Prime Minister John Howard who are in India to attend JP Morgan International Council Meet.
-
In Alleged E-Mail Fraud, Crores Sent To Fake Account By Government Firm
The CBI has registered a case against top officials of a public sector helicopter service company on the basis of a Central Vigilance Commission (CVC) complaint that they had transferred Rs 1.85 crore to a fake bank account in Indonesia instead of a Russian firm contracted for servicing chopper engines in 2016. The objective of the probe is to chec...
-
Pakistan Reopens Terror Camps Along Border, Security Agencies On Alert
Pakistan has reactivated all the terror camps it had temporarily shut down along the line of control, intelligence agencies have reported, indicating the need for security agencies to brace themselves for an increase in infiltration attempts in the days to come.
