UpFront
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Indian IT projected to lose 14 percent of workforce to automation
In five years, India's outsourcing sector could lose 4.8 lakh jobs, consultancy HFS Research estimates
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PE deals fall by 46% in H1 2016; angels drive deal momentum
Energy sector was the worst hit with not a single deal in the first half of 2016
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TeamLease acquires ASAP Info Systems
The acquisition, for an enterprise value of Rs 67 crore, gives TeamLease an entry in to the IT staffing business
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SBI, Flipkart tie-up to offer pre-approved EMI facility to shop online
Under this partnership, SBI will provide overdraft facility to a pre-qualified set of customers for transacting on Flipkart
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JP Morgan gets nod for three new branches in India
Global financial services company to also offer services in New Delhi, Bengaluru and Chennai
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Scripbox raises undisclosed investment in funding led by Omidyar Network
The money will help the finance startup, which automates mutual fund recommendations, to expand operations
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HDFC Bank launches digital banking services for SME clients
The digital facility will do away with the need to call on a relationship manager or visit a branch, to transact or to get clearances
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Stressed assets percentage for Indian banks narrowing: Analysts
But gross NPAs continue to rise in the past six months
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NSE finally plans a listing
With pressure from shareholders, the-much talked-about IPO will list its shares in the Indian and overseas markets
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Amazon opens two local data centres in India
They will be operational in Mumbai. Online retail giant says it has more than 75,000 Web Services customers in the country
