IT services major Cognizant has set up a new office in Riyadh, a move that will help the company enhance its existing operations in the Middle East and help clients build digital businesses, operations and systems.
Cognizant currently employs more than 200 professionals in Kingdom of Saudi Arabia (KSA), delivering services to more than 25 organisations.
"We started operations in KSA in 2011 and have steadily grown our presence and investment in the country," Cognizant Vice President, Middle East and India Narayan Iyer said.
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CreditVidya partners Fullerton India
* Financial technology startup CreditVidya has partnered with Fullerton India to offer alternative data-based authentication and verification services, which will significantly improve the efficiency of loan processing.
"An increasingly digitalised ecosystem is transforming the way a consumer conducts his financial and non-financial transactions, and interacts with the environment," Fullerton India Head (Strategy and Business Execution) Anand Natarajan said.
CreditVidya's expertise in alternate data analytics has helped comprehensively digitise the customer validation processes, he added.
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FreeCharge bets big on toll payments;eyes 500 pts by Jan '17 * Snapdeal-owned FreeCharge today said it is in the process of finalising multiple toll collection arrangements across the country and payment through its wallet will be accepted at over 500 points by January-end.
The company's wallet, which will be accepted on the Delhi - Faridabad Skyway from today, is already live on the Yamuna Expressway.
"FreeCharge is in the process of finalising multiple toll collection arrangements across the country. By January 31, 2017, FreeCharge will be accepted for payments at more than 500 toll points across India," FreeCharge CEO Govind Rajan said.
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General Atlantic announces promotions of top officials * General Atlantic, a global growth equity firm, today announced promotions of Aaron Goldman and Shantanu Rastogi as managing director, and Erin Chang as principal.
Goldman is based in the firm's New York office and focuses on investments in the financial services sector and Rastogi leads investments in the financial services, healthcare and retail and consumer sectors in General Atlantic's Mumbai office, a company statement said.
Chang is a senior investment professional in the firm's Hong Kong office, focusing on investments in the retail and consumer and healthcare sectors. The promotions will be effective January 1, 2017, it added.
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BSE Institute offers 2-day course on bankruptcy code * BSE Institute today announced it is offering a two-day certification course on 'Insolvency and Bankruptcy Code 2016'.
The course provides a comprehensive overview and evaluation of the new bankruptcy law and relevant topics revolving around time-bound settlements of corporate solvency and liquidation proceedings.
The programme will be of immense practical benefit to professionals like company secretaries, chartered accountants, and bankers, among others.
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