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Meanwhile, three ministers from Maharashtra held talks with Sabu at a virtual meeting. Share Via Email | A+A A- By Express News Service KOCHI: While states continue to shower offers of incentives on Kitex after the garment exporter scrapped a Rs 3,500 crore project in Kerala alleging harassment in the form of inspections, the company has received invitations from three countries also. According to Kitex CMD Sabu M Jacob, the UAE, Oman and Bangladesh have sent invitation to him. While the UAE and Oman offered opportunity to start a unit in the free zones with tax benefits, Bangladesh has offered some incentives. “But Kitex is not planning to go abroad as we have better offers from Indian states,” Sabu told TNIE. ....
SaveIN raises undisclosed pre-seed funding from global, Indian investors May 21, 2021 Will use funds to expand its market reach SaveIN, a social finance-based neobank, has raised an undisclosed amount in pre-seed funding from a clutch of global and Indian angel investors and industry stalwarts. The Gurgaon-based firm will use the funds for expansion plans and product development. The names of the investors – who were from banking, consulting, blockchain and fintech – were not immediately disclosed. “The company is looking to use the recently raised funds to expand its market reach, accelerate product development and strengthen its in-house team. We aim to reach over 5 lakh users by the end of this financial year from the present 10,000,” Jitin Bhasin, Founder and Chief Executive Officer at SaveIN said. ....
Tech giant Infosys plans to create 500 jobs in Calgary expansion The global technology services company Infosys plans to create 500 jobs in Calgary over the next three years as it ramps up its Canadian workforce. Social Sharing CBC News · Posted: Mar 03, 2021 1:20 PM MT | Last Updated: March 3 Infosys, a global digital services and consulting firm, said Wednesday it plans to expand its presence in Calgary from about 10 people to 500 employees by 2023. (Marcio Jose Sanchez/The Associated Press) ....