Kotak Plans to Hire 400 Engineers to Ramp Up Tech Transition
Kotak Mahindra Bank Ltd. plans to hire around 400 engineers this year as it races to upgrade its technology systems after coming under the regulator’s scrutiny for lapses.
Kotak Mahindra Bank Ltd. plans to hire around 400 engineers this year as it races to upgrade its technology systems after coming under the regulator’s scrutiny for lapses.
The Riksbank cut its benchmark interest rate for the first time in eight years, acting before the neighboring euro zone in a bid to offer respite to Sweden’s recession-stricken economy.
April was the Earth’s 11th consecutive month of record-breaking heat, with warmer weather already sweeping across Asia and a hotter-than-usual summer expected in Europe.
Alstom SA shares soared after the troubled train maker outlined a capital increase of about €1 billion ($1.1 billion) to shore up its balance sheet after project delays and ongoing struggles from the acquisition of a Canadian rival.
BMW AG’s earnings fell in the first quarter after rising manufacturing costs weighed on the luxury-car maker’s profitability.
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