Tag: Digital Banking

TeraNova DC Targets 2 GW of AI-Ready Data Centres in India by 2032

Singapore-based Hillhouse Investments has launched TeraNova DC, a dedicated data-centre platform that plans to invest $12 billion to $15 billion in India by 2032. With a target of more than 2 gigawatts (GW) of capacity, the platform is set to become one of the largest announced data-centre programmes in the country. TeraNova DC will focus on hyperscale and AI-ready infrastructure. Its proposed locations are Maharashtra,...

Tech Mahindra’s Profit Rises 23.2% as Almost Every Large Deal Now Includes AI

Tech Mahindra’s profit after tax (PAT) rose 23.2% year on year to $166 million in the second quarter of FY27. The company won $1.023 billion in new deals in the quarter, up 25.4% from a year earlier. Deal wins over the past 12 months rose 34.8% from the same period a year before. On the earnings call, CEO and Managing Director Mohit Joshi said...
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Infosys Opens New TechFin Hub in GIFT City

Infosys has inaugurated a new state-of-the-art Development Center (DC) in Gujarat International Finance Tec-City (GIFT City), Gandhinagar. The global IT major announced that the...

Super.money Records 175M UPI Transactions

Flipkart-backed fintech platform super.money is aiming to position itself among India’s top five neo-banks as it scales operations in digital payments and broadens its...

Western Union Expands Tech Capabilities with HCLTech

Western Union has announced a strategic partnership with HCLTech, positioning the IT services giant as its largest preferred partner in its transition to an...

JFS Buys SBI’s ₹105 Cr Stake in JPBL

Jio Financial Services (JFS) is set to acquire State Bank of India’s (SBI) entire stake in Jio Payments Bank (JPBL) for ₹104.54 crore, making...

Digital Banking: Changing Consumer Preferences and Behaviors

In today's rapidly evolving financial landscape, digital banking has emerged as a transformative force, reshaping the way consumers manage their finances. With the rise...