IT security firm Sophos on Wednesday said it has acquired software company Invincea from its current shareholders for a cash consideration of $100 million with a $20 million earn-out.Invincea CEO Anup Ghosh and COO Norm Laudermilch will join Sophos in key ... Prokerala, 2 weeks ago
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While RBI may cut rates by 25 basis points in the February policy review, global monetary policies hold the key to much of the financial assets flow in 2017, reports Anup Roy/Business Standard from Mumbai. Movements in bond and currency markets in 2017 will be dictated by the global trends, say experts. Global bond yields and crude oil prices will directly impact local bonds, whereas the rupee would take cues from the stock market and the dollar. If crude oil prices continue to firm up and ...Rediff.com, 1 month ago
Bank deposits may touch Rs 17 lakh crore by December 30 The theory that all banned notes will come back into the system may not be true.Anup Roy/Business Standard finds out. With the government deciding to remain silent on the exact amount that banks have received in deposits through old currency notes by now, speculation is rife that the entire money scrapped could be coming back to the Reserve Bank of India by December 30. Therefore, questions could be raised about the utility of the ...Rediff.com, 2 months ago
Two out of 12 experts polled say central bank will cut rate to cushion note ban blow; others say Fed rate hike might make it push the pause button, reports Business Standard's Anup Roy. The six-member monetary policy committee headed by Reserve Bank of India Governor Urjit Patel is likely to cut the policy rate by at least 25 basis points in the December 6-7 policy review. But, the case for a pause is equally strong, say economists. However, the central bank is unlikely to pause, given a ...Rediff.com, 2 months ago
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