Bug in UPI app costs Bank of Maharashtra Rs 25 cr in one of India’s biggest financial fraudsAbout 50-60 people in Aurangabad discovered this loophole and have collected a good deal of money, according to NPCI
InfrasoftTech promotes Rajesh Mirjankar as managing director & CEOMirjankar takes up this role from Hanuman Tripathi, founder & ex-group managing director who stepped down recently to pursue new goals.
InfrasoftTech rolls out digital banking solution QRys for contactless paymentsInfrasoftTech, a technology enabler specialising in digital solutions for the banking and financial services sector launched QRys.
- Nasscom sets up 'product council'
Software industry body Nasscom today announced setting up of a 'product council' to help develop the product ecosystem in India.
- Mid-sized IT cos bet on buys even in troubled times
However analysts warn that there have been instances in the past of acquisitions going sour, especially during downturns.
- Mid-sized IT cos go for buyouts
Companies say that technology services with evolved business models and pricing mechanisms are vital for customers even during difficult ti...
- InfrasoftTech to acquire DFS unit of KPIT Cummins
Under the arrangement, KPIT Cummins will progressively transfer people and most of the customer contracts of its DFS Unit to InfrasoftTech.
- KPIT Cummins sells financial services software business to Infrasoft
IT firm KPIT Cummins has exited financial services software segment by selling its business to Infrasoft Technologies.
- Government prepares ground for TDS on services, to primarily impact B2B service providers, including IT majors like TCS, Infosys, Wipro, BPOs & consultancy services
CBEC has set up a study group to examine the modalities of the TDS method for the sector and also sought comments from stakeholders.
- Homegrown cos competing with SAPs & McAfees
A host of homegrown companies are competing with the SAPs and McAfees of the world, to manage and protect the flood of data that Indian com...
- Jersey Island woos Indian cos, offers bridge to Europe
Jersey Island, off the coast of UK, is home to Carey Olsen and several other investment banks, making it a financial hub and gateway to Eur...
- Anti-money Laundering software to curb terrorist activity
Infrasoft Technologies’ Anti-money Laundering software is helping curb terrorist activity across the world.
- Infrasoft eyes bigger play in BFSI segment
Mumbai-based Infrasoft Technologies, a player in the financial services domain is looking to expand its product offering and is scouting fo...
- Trip to success
Dreaming big is necessary. But equally important is to have scalability and adaptability. That’s the secret behind this success story.
- Core banking gains currency among co-ops
Kapol Co-operative Bank has 15 branches and a customer base of around 2.5 lakh in Mumbai and Surat. Sometime back, the bank decided to put ...
- Infrasoft plans 2 buyouts in US, UK
Banking service solution provider Infrasoft Technologies plans two acquisitions in the US and UK to expand its global footprint.
- Infrasoft Tech plans to raise $25 mn
Unlisted Indian software firm Infrasoft Technologies Ltd plans to raise around $25 million either through an initial public offering or pri...