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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

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Singapore remittance rates

Axis Bank 46.36 DBS Bank  46.28 HDFC Quick Remit 46.13 ICICI Money2India 46.43 Remit Guru 46.39 Remit2India 46.18 SBI Singapore 46.27 Sourced from online links. fii-news.com   Share this post.

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5BARz launches Network Extender in India

5BARz India has started commercial rollout of the 5BARz® Network Extender in India after several months of extensive field testing. Further, 5BARz India got it’s first set of purchase orders from this Operator for the 5BARz® Network Extender. Samartha Nagabhushanam, 5BARz India CEO, stated, “We

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Mphasis signs service agreement with RBS

Bangalore-based Mphasis, a global technology company offering consulting, operations outsourcing and enterprise solutions, has signed a new master services agreement (MSA) with The Royal Bank of Scotland plc (RBS), to provide application management services. Mphasis will manage the performance and quality of critical applications at

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Thakral develops retirement villages

Singapore-listed Thakral Corporation Ltd has set up a joint venture via its subsidiary Thakral TCAP with PVAP Pty Ltd of Queensland to develop resort style retirement villages for over 50s living under the brand “Living Gems – A Thakral Joint Venture”. The 50:50 joint venture,

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Thakral to set up investment programme

Singapore-listed Thakral Corporation Ltd (TCL) has signed documents establishing a bespoke investment programme called the TCAP Australian Mezzanine Programme with Aberdeen Asset Management Asia Limited, on behalf of its property multi-manager products. Thakral’s subsidiaries, TCAP Investments Limited and Thakral Capital Australia Pty Ltd (TCAP), along

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ASA to audit Amira

Dubai-based Amira Nature Foods Ltd, a leading global provider of packaged Indian specialty rice, has engaged ASA & Associates LLP (ASA) as the Company’s independent auditors, effective August 19, 2015. ASA will commence work immediately to audit the Company’s financial results for the fiscal year