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Image used for representational purposes. File | Photo Credit: Reuters India’s markets regulator has begun a preliminary review of the resignation letter of former HDFC Bank chairman Atanu Chakraborty for possible violations of rules governing directors of listed companies, two sources familiar with the matter said. Mr. Chakraborty told Reuters he was not aware of…
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Image used for representational purposes. File | Photo Credit: The Hindu Infosys has announced plans to acquire healthcare digital transformation company Optimum Healthcare IT and insurance consulting technology company, Stratus, for a cumulative amount of about ₹5,260 crore. Infosys will acquire Optimum Healthcare IT for up to $465 million, including upfront and earnouts, excluding management…
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Image used for representational purposes. File | Photo Credit: Reuters India’s federal steel ministry has sought assistance from the oil ministry to ensure that steel plants are not affected by liquefied petroleum gas shortages, a source with direct knowledge of the matter told Reuters on Thursday. India, the world’s second-biggest crude steel producer, is in…
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