infosys blockchain - Daily News Capsule

The information technology (IT) chief said Infosys shares rose 2.7 percent on BSE to a new high of Rs 1480 in intra-day trade on Monday, considering it would offer a buyback of fully paid equity shares. In a meeting to be held on Wednesday 14 April 2021. "The board of the company will consider a proposal for buyback of fully paid-up equity shares of the company at its meeting to be held on April 14, 2021," the company said in its release on the exchanges. https://twitter.com/chetnaparmar631/status/1381242916446863361?s=20 The IT services giant has also been approved to hold a board meeting on April 13 and 14 to acknowledge and record the company's consolidated financial results for the quarter and year ended March 31, 2021, is. Also, read | In the first quarter of 2021, Mercedes-Benz...

Tech Mahindra Ltd has partnered with a Netherlands-based blockchain application service provider called Quantoz. In order to launch a new scheme of a blockchain solution for global banks and financial institutions. The usage of Stablecoins as a mode of payment can result in reducing transaction costs and processing time. Also while providing the potential to audit and high security. “This collaboration is in consideration of the OCC (Office of the Comptroller of Currency) announcement allowing federally chartered US banks to use stable coins for standard banking functions like payments and transactions. This will accelerate the regulated use of blockchain and has the potential to boost its adoption across banking vertical," Tech Mahindra said in a statement. Stablecoins are di...