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PayMate says has achieved annualised run-rate of $1 3 bn in GST payments
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PayMate achieves annualised run-rate of $1 3 billion
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Positive bias seen for Nifty at open
March 03, 2021
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Concerns on rising bond yields have softened after central bankers across the world have pushed back against higher rates
After gaining sharply in the last couple of days, Indian markets are likely to open flat on Wednesday. The SGX Nifty at 15,020 points to a 60-point positive opening for Nifty futures, which on Tuesday closed at 14,958.15.
Global markets too present a firm trend with most of Asia-Pacific ruling in positive territory though overnight the US markets closed in the red.
Concerns pertaining to rising bond yields appear to have softened a bit after central bankers across the world have begun to push back against higher rates. This should offer some comfort to Indian equities and INR as rising bond yields in the US and declining spreads between US Treasury yields and India’s G-Sec yields had started putting pressure on INR.
Kissflow has announced a partnership with Redington to expand reach of its flagship product, Kissflow’s NO-CODE platform in India.
Demand for no-code / low-code products has doubled in the last one year with organisations going fully remote and many making a permanent move to hybrid work models. Business leaders are now realising the value of digitising internal business processes & automating workflows, including vendor, supplier & partner facing applications, so that ‘work from anywhere’ is truly possible.
Despite this strong need from business users, workflow and business process automation is still a low priority for IT teams, due to the bandwidth challenges on IT resources. of IT leaders say project backlogs prevent them from working on strategic projects especially the ones that are low hanging fruits. This is where No-Code platforms like Kissflow come in – they allow business users who are closer to the problem to create workflows in minutes with no coding required.
ACCEL Limited acquires IT Services Business of Ensure Support Services India Ltd
Posted On: 2021-03-02 08:03:34 (Time Zone: Arizona, USA)
Accel Limited, the BSE listed (ACCEL | 517494 | INE258C01038) IT and Realty company, today announced that they have acquired the IT Services Business comprising IT Infrastructure Management Services, Warranty Management Services and eWaste Management Services of Ensure Support Services India Limited. After this transaction, all the existing businesses of Ensure Support Services Limited will be run under Accel Limited, as Accel IT Services. Earlier, on 31st July 2020, Accel Limited had acquired Ensure Support Services Limited from Redington India limited in an all cash deal, thereby making it a wholly owned subsidiary of Accel Limited.
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