Bank holidays for Pongal, Lohri, Makar Sankranti: Banks to be closed for 4 straight days in Tamil Nadu — State-wise list

Bank holidays for Pongal, Lohri, Makar Sankranti: With winter and harvest festivals knocking at the door, banks will be closed in multiple states next week for occasions like Pongal, Lohri, Makar Sankranti and Magh Bihu. In total, there are up to seven bank holidays next week, including the weekend offs. However, this does not mean…

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Rising sun looks west: Japanese firms expand India tech centres

The opportunity lies in higher-value work such as core platform engineering, AI-enabled manufacturing systems, financial services technology, digital twins, and data-driven operations, said Phil Fersht, chief executive of HFS Research.”Over time, this can translate into deeper product ownership, stronger IP creation, and long-term leadership roles for Indian talent within Japanese global organizations.” Source link

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RBI flags underwriting, asset quality risks in meeting with NBFC chiefs

MUMBAI: The Reserve Bank of India on Monday said governor Sanjay Malhotra met managing directors and chief executive officers of select non-banking financial companies (NBFCs), urging them to maintain sound underwriting standards and closely monitor asset quality. The meeting was part of the central bank’s ongoing engagement with regulated entities. Malhotra also held discussions with…

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Direct-to-mobile tech test by Prasar Bharati sparks row as COAI seeks stakeholder-led evaluation

Telecom industry body COAI on Monday raised concerns over a direct-to-mobile service technology test commissioned by public broadcaster Prasar Bharati without involving telecom operators and mobile device companies. The direct-to-mobile broadcast service technology, if successful, will enable direct transmission of live TV channels on mobile phones without cellular connectivity. Prasar Bharati had signed a pact…

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