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/PRNewswire/ -- FXFY LLC ("Forexify"), in partnership with Corbel Capital Partners ("Corbel"), is pleased to announce a significant investment into Advanced...
Real-time payment solutions in the offing 1118930 SHARE The real-time payment solutions in Oman is to give an entirely new dimension to automation of various clearing house services to the banks and their customers in the Sultanate. The projects, which are under active consideration of the Central Bank of Oman, are equipped with handling sophisticated functionalities and processing needs of all the banks operating in the country. A senior official of real-time payments solutions company ProgressSoft termed these projects as major steps for the Sultanate’s finance sector ...
European Investment Bank Issues Digital Bond on Ethereum. Will Bond Tokenization Become the Norm? This past week, the European Investment Bank (EIB) issued a €100 million digital bond offering on the Ethereum blockchain. The EIB worked with Goldman Sachs, Santander, and Societe Generale on the issuance along with the support of the Banque of France. Notably, the payment of the issue monies from the underwriters to the EIB has been represented on the blockchain in the form of a central bank digital currency (CBDC). The EIB states that it believes that the digitalization of capital markets m...
Britannia Industries, ABB, TVS Motor, Nippon Life, Symphony, PNB Housing, Sanofi India, Hatsun Agro Products and VST Industries are among companies which will report their quarterly results on Tuesday. Tech Mahindra: IT major Tech Mahindra reported a 34.6 per cent jump in net profit to Rs 1,081 crore for the March 2021 quarter on account of an expansion in profit margins, and guided towards targeting for a double-digit revenue growth in FY22. The IT firm said it has acquired Eventus Solutions Group for up to $44 million. SBI Card: SBI Cards and Payment Services reported a 110 per cent rise i...
Here are the top stocks to track today: Tech Mahindra: The IT major on Monday reported net profit of Rs 1,081 crore for the fourth quarter ended March 31, 2021, up 34.6 per cent year-on-year (YoY). On a sequential basis, the figure was down 17.4 per cent from Rs 1,309.8 crore. The company misses estimates of over 50 per cent jump in Q4 PAT. SBI Card: SBI Cards and Payment Services (SBI Card) reported a net profit of Rs 175 crore in the March quarter of FY21, up 110 per cent compared to Rs 84 crore in the same period last year due to lower provisions and a significant jump in other income and ...