India Insight

India’s debit card safety rule boosts sales of payment processing firms

December 16, 2013

Companies that help in processing card payments look set to benefit from rising demand for portable card swipe machines after the Reserve Bank of India adopted new rules to prevent fraud and enhance security.

Dark horse Tech Mahindra wins race to acquire Satyam

April 13, 2009

Tech Mahindra, part of Indian business group Mahindra & Mahindra, won the race to acquire Satyam Computer Services on Monday, in a deal that’ll help the mid-sized outsourcer gain in size and also lift clarity on Satyam’s fate.