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Major software services provider, Tata Consultancy Services (TCS), is planning to set its development centers in tier-II and tier-III cities such as Pune, Nagpur, Gandhinagar, Kochi and Chandigarh to drive its future growth in the domestic market. The centres in Pune and Gandhinagar are likely to be operational by the end of this year while … Read more TCS looks at tier-II and tier-III cities for future growth
As per the latest report by Insurance Regulatory Development Authority (IRDA), the country’s major private and public insurance companies have lost their market share in new business premiums. Largest public sector insurance company Life Insurance Corporation has managed to mitigate some of the losses in new business premium to 4% during November as against a … Read more Insurance companies sales hit hard in Nov : IRDA report
European and American buyers are asking Indian exporters to match the Chinese prices in wake of the global economic slowdown and resulting aggressive pricing policy adopted by China. Federation of Indian Chambers of Commerce and Industries – FICCI has found in a survey that Indian exporters are struggling to compete their Chinese counterparts on pricing … Read more Indian exporters failing to compete Chinese on pricing front
The leading global provider of integrated software products for banks and financial institutions — Nucleus Software Exports – has bagged an order form one of the leading financial institutions of U.A.E — National Bank of Umm Al Qaiwain. The deal is to provide the Bank with a comprehensive, powerful, and flexible system to support their … Read more UAE’s National Bank chooses Nucleus Software’s FinnOne solution
The Buildings and Industrial Structures (B&IS) and Water Divisions of IVRCL Infrastructures and projects have bagged major orders to the tune Rs 260.46 crore, the company informed in its announcement made to the BSE. The Bangalore Metro Rail Corporation placed two orders for setting up of four elevated metro stations for Bangalore Metro Rail Project. … Read more IVRCL Infra bags four major projects worth Rs 260.46 cr
The second largest private sector lender, HDFC Bank, has surpassed the largest private sector lender, ICICI Bank, in terms of branch network. HDFC Bank has a nationwide network of 1,412 branches spread across 528 towns and cities, while the ICICI Bank has 1,400 branches across the country. HDFC Bank has almost doubled its branch network … Read more HDFC Bank surpasses ICICI in branch count