India: Ernst & Young To Hire Over 2000 Employees To Work On Blockchain, AI

India: Ernst & Young To Hire Over 2000 Employees To Work On Blockchain, AI

“Big Four” auditor Ernst & Young will hire 2,000 employees in India to expand its digital solution services across blockchain, artificial intelligence (AI), automation and tax technologies. EY is planning on recruiting the required new talent over the next three years, in parallel to its global plans to invest $1 … Read the rest

HSBC India Completes Joint Blockchain-Enabled Transaction With India Holding Giant RIL

HSBC India Completes Joint Blockchain-Enabled Transaction With India Holding Giant RIL

The Indian subsidiary of major global banking and financial services firm HSBC and India’s holding giant Reliance Industries (RIL) have completed a blockchain-enabled trade finance transaction. The blockchain-powered letter of credit (LoC) transaction, reportedly the first of its kind in India, involved export by RIL to U.S. client Tricon Energy, … Read the rest

Over 250 Corporates Join Hands With ICICI Bank’s Blockchain Platform For Trade Finance

ICICI Bank, India’s largest private sector bank by consolidated assets, announced that it has successfully on-boarded over 250 corporates on its blockchain platform for domestic & international trade finance. With this, leading Indian corporates, including ones from the ‘S&P BSE 100 Index’, are now undertaking domestic / international trade finance … Read the rest