All posts by Konnect Worldwide

HDFC Bank uses e-clout to launch digital wallet

MUMBAI: HDFC Bank is drawing on its clout as a banker to most of the e-retailers to launch a digital wallet and an electronic marketplace for various online merchants. Once an accountholder or cardholder (even non-HDFC Bank debit and credit cardholder) registers for a digital wallet, he can transact on most websites using only wallet credentials.

Infosys catches up with TCS in operating margin

Azim Premji’s son Rishad may become Wipro vice-chairman

BENGALURU: Rishad Premji, the eldest son of Wipro’s billionaire chairman Azim Premji, could assume the vice-chairman’s position in the coming months, sources close to the company said. Rishad, currently the chief strategy officer of the $7.3-billion IT company, is expected to join the board when executive director and CFO Suresh Senapaty retires from the company in March.