Tag: India

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BlackRock and Jio Financial Services to launch joint asset management venture in India

US asset management firm BlackRock and Jio Financial Services (JFS) are forming a 50:50 joint venture, Jio BlackRock, with an initial investment of $150...

Bain Capital buys majority stake in India’s Adani Capital, invests $120m to boost growth

US-based private investment firm Bain Capital will acquire a 90% stake in India's Adani Capital and Adani Housing, bolstering the non-banking financial institution's growth...

Banque Saudi Fransi completes payment processing upgrades with TCS

Banque Saudi Fransi (BSF), headquartered in Riyadh, Saudi Arabia, has upgraded its domestic and international real-time payment processing capabilities by implementing the core banking...

Spend management platform EnKash launches Olympus solution for businesses

Indian spend management platform EnKash has launched its Olympus solution, a technology stack that automates payables and receivables for mid-market enterprises (MMEs). The solution...

Apple eyes credit card launch in India as partnership with Goldman may be nearing its end

Apple is reportedly in talks with HDFC Bank and Indian regulators to launch a credit card in India. Meanwhile, Goldman Sachs is considering ending...

Danske Bank taps Infosys for digital transformation

Danske Bank, a Nordic banking giant, has partnered with Infosys to accelerate its digital transformation initiatives. As part of the collaboration, Infosys will acquire...