As Chief Financial Officer, Ranganath oversaw key functions across the group, including corporate finance, taxation, treasury, mergers and acquisitions, risk management, and investor relations.

RBI Governor Urjit Patel today unveiled UPI version 2.0 which will allow customers to use overdraft limit for making payments for merchants.

Over the last one year, the Council, chaired by Union Finance Minister and comprising state ministers, has slashed rates in 191 items.

Apart from ratonalising tax rates under the Goods and Services Tax, the GST Counil also approved simpler tax GST return filing and two simplified forms - Sugam and Sahaj - for B2C and B2B traders.

The meeting of the board will be held on July 12 and 13 to consider the audited consolidated financial results of the company and its subsidiaries for the quarter ending June 30, 2018, Infosys said in a BSE filing.

Raising concern with the Indian and US market regulators over Infosys not filing form 20F this year, an anonymous whistleblower has written a letter to the US Securities and Exchanges Commission (SEC) and Sebi.

Infosys faced months of protracted standoff between its founders led by NR Narayana Murthy and the previous management over issues of corporate governance and compensation to former executives.

Infosys would deal with concerns raised by shareholders with regard to a whistleblower's letter complaining about governance issues, its Non-Executive Chairman Nandan Nilekani said today.

Ravi Venkatesan has resigned as an independent director from Infosys, the first board-level departure since Nandan Nilekani took over the chairmanship of the IT major more than eight months back.

The government is also planning to impose a sugar cess of maximum Rs 3 on each kg sold by sugar companies.

Bill and Melinda want other countries to adopt the Aadhaar scheme. To undertake this level of project in other countries, the World Bank and the Gates Foundation have reportedly roped in multi-billionaire Nandan Nilekani.

The new GST return filing mechanism continues to be delayed as authorities find it difficult to strike a balance between revenue considerations and taxpayer convenience.

A ministerial panel, chaired by Sushil Modi, today worked out a new simplified model for GST return filing as per which credit could be given on a provisional basis once the supplier uploads the sales invoice.

Panaya was acquired in 2015 under the then Infosys CEO Vishal Sikka who later had to resign over the differences between board members and the founders including NR Narayana Murthy. And one of the issues that led to Sikka's removal was the acquisition of Israel-based IT firm Panaya.