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Nayara Energy lawsuit against SAP over software service halt in Delhi HC next week
Nayara Energy is taking SAP India to the Delhi High Court. SAP suspended critical software services for Nayara, citing European Union sanctions. Nayara argues its contract is with SAP India, an Indian company, and not subject to foreign sanctions. The court will hear the case next week. This dispute highlights foreign law impacting Indian operations and energy security.
SBI inducts 5,783 junior associates to strengthen branch banking services
State Bank of India has recruited 5,783 junior associates. This hiring strengthens customer service and branch operations. The bank added over 18,000 employees this fiscal year. This is a significant talent induction drive. SBI aims to onboard 16,000 employees annually for future growth. The bank is committed to creating employment opportunities and delivering superior service.
Alsco Pooling Service Share Price Today | HK: 2649 Stock - Investing.com India
Alsco Pooling Service Share Price Today | HK: 2649 StockInvesting.com India
Amazon rolls out 15-minute grocery delivery in Brazil, touts LatAm country as ‘top investment priority’
Amazon launched its Amazon Now service in Brazil, promising 15-minute delivery for essentials and groceries, starting in Sao Paulo and expanding to seven cities. Details here.
Slow motion: US companies cautious amid India's mega M&E Boom
American media giants are rethinking their India strategy. Recent years saw major players like Disney and Paramount adjust their stakes or exit operations. Lionsgate sold its streaming service. These moves reflect the challenges of India's competitive media landscape. Companies are now focusing more on content licensing rather than direct investment in local platforms.
No cultural taboo: The rich go for gold loan as metal soars
India's gold loan sector is evolving rapidly and redefining the way wealth is perceived and leveraged. Historically seen as a specialty service, it is now a popular financing option for the well-to-do. The prevalence of loans over ₹5 lakh is a clear indicator of this cultural evolution. This phenomenon is largely propelled by soaring gold prices and progressive government policies.
Airtel's NBFC capital infusion unlikely to impact its cash flows: Citi Research
Over the past two years, Bharti has built a strong lending service provider model by integrating technology, data, and customer insights. It now intends to integrate this capability with its NBFC and scale the business using its balance sheet.
Apple in talks with ICICI Bank, HDFC Bank and Axis Bank to start payment service in India: Report
Apple Inc. is in discussions with key Indian banks and global card networks in preparation to start Apple Pay in the world’s most populous country.
Apple in talks with ICICI, HDFC & Axis Bank to start payment service in India
Apple is in talks with ICICI Bank, HDFC Bank and Axis Bank, along with Visa and Mastercard, to launch Apple Pay in India around mid-2026, though the timeline is not final. The service is expected to support UPI as well as card payments, entering a market dominated by Google Pay, PhonePe, Amazon Pay and Paytm.
Hexaware Tech shares rise 5% on launch of AI agent platform
The company said the platform integrates with core enterprise systems, including CRM platforms, IT service management tools among others.
Nifty IT falls to three-year low: How should investors position themselves? Here's what analysts say
Analysts said the market reaction was particularly sharp for India’s service-based IT firms as investors fear these companies may be sidelined by AI firms.