With banks tying up with as many as two to five software vendors, credit rating agency Experian expects the launch of CrossCore to ease workflow at banks and help integrate third-party solutions for fraud management.
With increasing research that bubble top containers, used to store drinking water, may contain bisphenol A (BPA), corporates are increasing looking at safer, more eco-friendly options and hence, the switch to PET.
Sebi has come out with a consultation paper on how comexes should deal with warehouses registered with them. It has specified minimum standards for warehouses which want to be part of the commodity derivatives space in the country.
Hindustan Unilever has re-organized its foods and refreshments business into two separate portfolios. This follows both foods (Knorr, Kissan and Annapurna) and refreshments (Bru, Lipton, Magnum, Cornetto and Kwality Walls) attaining scale following a growth momentum.
RBI on May 26 ordered all operators to ensure that their existing machines can process “EMV chip and PIN cards by September 30, 2017” while “all new ATMs shall necessarily be enabled for EMV chip and PIN processing from inception.”
The Federation of Surat Textile Traders Association (FOSTTA) has strongly urged the ministry of textiles to propose anti-dumping duty on the fabrics imported from China and other countries to rescue the domestic man-made fabric (MMF) sector in the country.