Chennai, Apr 27 (PTI) Integrated payments technology company FSS (Financial Software and Systems) on Wednesday said the Philippines-based Equicom Savings Bank has deployed its payment authentication solution FSS Secure3D, that can provide added security to card holders and reduce fraud risk. FSS Secure3D identifies higher risk transaction before the transaction is authorised and the solution [...]
New Delhi, Apr 27 (PTI) Global insurer Generali Asia on Wednesday said it has appointed Bruce de Broize as Managing Director and Chief Executive Officer of Future Generali India Life Insurance (FGILI). The appointment follows Generali's move to consolidate its position in FGILI by completing the transaction to become the majority stakeholder. In March, Italian [...]
New Delhi, Apr 27 (PTI) Mahindra Group Chairman Anand Mahindra on Wednesday batted for permitting a greater degree of participation and expression on Twitter, agreeing with his followers on the social media platform.He, however, said there is an urgent need for agencies and platforms that are dedicated exclusively to calling out fake news, fake posts [...]
New Delhi, Apr 27 (PTI) Engineering systems and solutions provider Uniparts India Ltd has filed preliminary papers with the capital markets regulator Sebi to raise funds through an IPO. According to the Draft Red Herring Prospectus (DRHP), the initial share sale is entirely an Offer for Sale (OFS) of 15,731,942 equity shares by promoter group [...]
Mumbai, Apr 27 (PTI) Maharashtra Chief Minister Uddhav Thackeray on Wednesday claimed the Centre owed Rs 26,500 crore to the state, after Prime Minister Narendra Modi said some states did not reduce VAT on petrol and diesel despite the excise duty cut by the Union government in November last year. Thackeray also accused the Centre [...]
New Delhi, Apr 27 (PTI) French tyre major Michelin on Wednesday said it has become the first tyre brand in India to be accredited with the recently introduced star labelling programme which is aimed at improving sustainability and newly introduced performance standards for tyres. Michelin X Multi Energy Z tyre has been awarded the industry's [...]
NEW DELHI, April 27, 2022 /PRNewswire/ -- His excellency the Danish ambassador to India, Freddy Svane today launched the 'Digital Data Platform pilot for Efficient Management of Renewable Energy', to be deployed at BSES Yamuna Power Limited (BYPL), a power distribution company in Delhi. The digital platform is developed by Columbus, a global IT services [...]
Mumbai, Maharashtra, India (NewsVoir) Lasa Supergenerics Limited, India’s Leading API Manufacturer, announced that it has secured a new order of Rs. 500 Million from just 5 customers. We are delighted to announce that with the efforts of our Marketing Team and the quality of product we offer we were able to grab the order of [...]
New Delhi, Apr 27 (PTI) Drug firm Lupin on Wednesday said it has appointed Diana Amador-Toro as Senior Vice President for Global Compliance. Amador-Toro will be responsible for leading the company's global compliance function including training, internal audit, and investigations. She will be based in Lupin's Somerset office in New Jersey, USA. "Quality is one [...]
The Union Cabinet has approved financial support of Rs 820 crore for India Post Payments Bank, a source said on Wednesday. The support will help state-run payments bank to penetrate deeper into the country, especially in the rural area and work towards financial inclusion. "There was a proposal to provide Rs 820 crore financial support [...]
AHMEDABAD, India, April 27, 2022/PRNewswire/ -- Panamax Infotech Limited has been Great Place to Work®-Certified in India (from March 2022 to March 2023). Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a [...]
Mumbai, Apr 27 (PTI) As the country recovers from the pandemic, the retail industry has resumed its growth trajectory and is likely to witness 10 per cent annual growth to reach approximately USD 2 trillion by 2032, according to a report. According to a BCG-RAI report titled "Racing towards the next wave of Retail in [...]
New Delhi, Apr 27 (PTI) Gross leasing of industrial and warehousing space rose 11 per cent across five major cities to 6.2 million square feet during January-March period, according to real estate consultant Colliers India."Activity in Grade A industrial and warehousing facilities continues to be robust during Q1 2022 with gross absorption in the top [...]
New Delhi, Apr 27 (PTI) Jaguar Land Rover (JLR) on Wednesday said it has initiated "Open Innovation strategy", to accelerate next-generation technology and sustainability to support its modern luxury vision for the business, its partners, and customers. Open Innovation will drive collaborations with start-ups, scale-ups and like-minded external organisations on electrification, connectivity, digital services, metaverse, [...]
Telecom operator Bharti Airtel has acquired around 7 per cent stake in cloud-based networking solutions provider Cnergee Technologies under the Airtel Startup Accelerator Program. The stake acquisition will enable Airtel to sharpen its NaaS proposition for Small and Medium Businesses (SMBs), who are looking to accelerate their shift to cloud-based applications, Airtel said in a [...]
New Delhi, Apr 27 (PTI) Crude oil prices on Wednesday rose by Rs 6 to Rs 7,875 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for May delivery traded higher by Rs 6 or 0.08 per cent at Rs 7,875 per barrel in 5,580 [...]
Swiss cement maker Holcim Group is on a journey towards its green focus. The giant has recently acquired building solutions and products, however, it is divesting its stake in Asian countries and others such as Russia and Brazil. The board of the cement maker is about to meet next week to decide on the sale [...]
