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Cut government stake in banks below 50%: ASSOCHAM
The Punjab National Bank's fraudulent transactions worth INR 11,300 crore should act as a strong trigger for the government for reducing its stake to less than 50% in the banks which should then be allowed to work on the lines of private sector lenders with a full sense of accountability to their shareholders protecting interest of depositors, ASSOCHAM has said.Read more
Tanla firewalls India's leading telco from fraudulent international SMS transactions
Tanla, a cloud communication provider, processing over 90 billion business communications annually, announces the commercial deployment of its international long-distance SMS hub with a leading mobile operator in India. The hub is a benefit rich, integrated and regulatory compliant platform developed, deployed in record time and managed by Tanla for monetising international SMS.Read more
DowDuPont™ announces completion of DuPont’s transactions with FMC
DowDuPont™ (NYSE:DWDP) announced that DuPont has completed its acquisition of FMC Corporation’s Health and Nutrition business (FMC H&N), except for the omega-3 business, and its divestment to FMC of a portion of DuPont’s crop protection business.Read more