Tag: Compliance
Infosys Launches AI and Cybersecurity Centre in Hubballi
Infosys has launched a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka, marking a strategic step in the company's decentralised expansion across tier-2 cities. The facility is part of Infosys Living Labs and aims to serve as both a client delivery unit and a hub for applied research and academic collaboration. Expanding innovation capacity beyond metros
The Hubballi centre reinforces Infosys’ strategy...
Meta Secures $29B for AI Data Centre Push
Meta has selected investment firms PIMCO and Blue Owl Capital to spearhead a $29 billion funding deal aimed at expanding its AI-focused data centre footprint in the United States. The financing will support major infrastructure projects in rural Louisiana and forms part of the company’s larger AI co-development strategy. $26B debt from PIMCO, $3B equity from Blue Owl
According to a source familiar with the matter,...
Aviva India Fined $7.5M for Tax Evasion
Aviva India, the local arm of the British insurance giant, has been hit with a $7.5 million penalty after tax authorities uncovered fraudulent tax...
RBI Imposes ₹68.1 Lakh Fine on Banks, NBFC for Non-Compliance
The Reserve Bank of India (RBI) has imposed monetary penalties amounting to ₹68.1 lakh on Nainital Bank Ltd and Ujjivan Small Finance Bank for...
₹1 Lakh SEBI Fine on Link Intime Over TSR’s Cybersecurity Violations
The Securities and Exchange Board of India (SEBI) has imposed a ₹1 lakh penalty on Link Intime India Pvt Ltd due to cybersecurity compliance...
India Tightens Digital Data Regulations: DPDP Draft
The Indian government has released the draft Digital Personal Data Protection (DPDP) Rules, marking a critical step towards operationalizing the Digital Personal Data Protection...
