Union Bank MD: Focus is on zero disturbance

From April 1, Mangalore-based Corporation Bank and Hyderabad-headquartered Andhra Bank will merge into Union Bank. The merger, which was announced and planned last year, comes into effect amid the Covid-19…

Imports dip 16%, exports 8% till March 19

India’s imports have declined nearly 16% to $23 billion during March 1-19, while exports dropped 8.2% to $16.3 billion during this period, data accessed by TOI showed.

DoT working on 3 options for telco bailout

The telecom department is working on at least three options to defer the Rs 1.47 lakh crore adjusted gross revenue (AGR) liability of telcos – Vodafone Idea and Airtel, including…

Mobile exports buck trend, grow 3x in Apr-Nov

Data accessed by TOI pointed to a spurt in mobile exports after several assembly units came up in the country. The list of exporters includes Apple, which is shipping iPhones,…

We are cannibalising our own business: TCS COO

TCS COO NG Subramaniam says revenue cannibalisation is integral to its growth strategy. In an interview with TOI, he speaks about how TCS is repositioning itself for higher-value work and…