By Nuvama Research L&T Technology Services (LTTS) will acquire the Smart World & Communication (SWC) business of its parent firm, Larsen & Toubro (L&T) for a cash consideration of Rs 800 crore. Smart World & Communication was founded in 2016 to cater to the demands in smart cities, address opportunities and provide smart solutions in the […]
Non-banking financial companies (NBFC) must further strengthen governance and internal audit standards, in-line with the implementation of scale-based regulations, the Reserve Bank of India (RBI) said in its latest report on the trend and progress of banking in India. In the face of tightened liquidity and increased competition from banks in categories such as auto […]
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