Microsoft keen to get bigger pie in payments bank segment

To tap business opportunities that the proposed payments banks will bring in, global technology company Microsoft plans to offer back-end support to these players. The company is in talks with some......

Dhirubhai Ambani, Dilip Shanghvi chosen for Padma awards

Son of a school teacher in a remote village in Gujarat, late Dhirubhai Ambani lived in a one-room chawl in Mumbai with his wife and children and went on to establish the Reliance Group.......

How 23 new banks will make an impact in India

RBI is planning to come up with 'on tap' licences which means there will not be any cut-off date for applying for the licences. The niche banks - small finance and payments banks -have been set up......

Dilip Shanghvi bets big on other businesses

Before the deal with Suzlon, Shanghvi made only a couple of small investments in his personal capacity. Dilip Shantilal Shanghvi, 59, has a problem that many would die for - dealing with......