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IRClass opens Abu Dhabi offices

Indian Register of Shipping (IRClass), a leading Classification Society, has opened offices in Abu Dhabi, its second location for IRClass in the Middle East, following Dubai. IRClass said the latest office reflects the society’s strong commitment to the region and represents the latest stage of

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GreeneStep announced “Advanced BAM”

Bangalore-based GreeneStep Technologies has announce “Advanced BAM” – a Business Activity Monitoring system for custom Alerts and Workflow that enables businesses to identify and respond to critical, time-sensitive business conditions that impact productivity and profitability. Advanced BAM addresses the challenges of “not knowing” or “knowing

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Apollo brand expands to Africa; SEA

Taking forward its very fruitful association with Manchester United Football Club, leading tyre maker, India’s Apollo Tyres has announced the extension of this association to the whole of Africa, Malaysia, Vietnam, Philippines, Singapore, Cambodia, Laos, Myanmar and Brunei. This is in addition to the existing

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The GST Imbroglio in India: Political and Economic Costs

Political grand-standing on the alleged complicity of a Central Minister and two State Chief Ministers, all belonging to the ruling Bharatiya Janata Party, has stalled the passage of a reforms-linked Constitution Amendment Bill in India’s Parliament. To salvage this bill, which is designed to introduce

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Cigniti Technologies appraised

Hyderabad-based Cigniti Technologies said its Managed Testing Services Division has been appraised at CMMI-SVC v1.3, Maturity Level 5. Acknowledging the achievement, Srikanth Chakkilam, Executive Director, Cigniti, said, “Cigniti has become the world’s first Independent Software Testing services company to be appraised at CMMI-SVC v1.3, Maturity

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India’s renewables development gather pace

India’s “seven horses of energy” electricity sector transformation is gathering pace, with far-reaching ramifications for renewable energy development and the structural decline of seaborne thermal coal, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Indian energy analysis firm,

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FIS sets up Bengaluru lab

Jacksonville-headquartered FIS, a global leader in banking and payments technology as well as consulting and outsourcing solutions, has launched India’s first financial inclusion lab in Bengaluru. The lab is aimed at developing innovative ways to extend banking access to India’s millions of underbanked citizens. The

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I Squared Capital invest in solar-owner Ampus

Global infrastructure investor, I Squared Capital, through its ISQ Global Infrastructure Fund, is investing in Amplus Energy Solutions Private Limited, an owner and operator of distributed rooftop solar power in India. Amplus constructs and operates distributed rooftop solar projects for industrial and commercial customers under

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Surbana Jurong completes Amaravati master plan

Singapore’s leading consultancy, Surbana Jurong has completed its analysis of the master plan for Amaravati, the upcoming new and vibrant capital city of Andhra Pradesh. The analysis includes details of demographic and economic factors that can drive the economy. This is the latest in a

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Mahindra to set up payment bank in India

The Reserve Bank of India has granted an “in-principle” approval to Tech Mahindra Ltd to set up a Payments Bank under the Guidelines for Licensing of Payments Banks issued on November 27, 2014. The bank will be an independent unit under the Mahindra Group led