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The ASEAN-India Business Council (AIBC) honored Perfios for its sustained efforts in fostering Digital Transformations for the BFSI segment and helping in achieving the objective of controlling medical inflation through Smart-Insurance-Claims decisioning. KUALA LUMPUR, Malaysia, March 20, 2023 /PRNewswire/ -- Perfios, the category-creator, AI powered financial software solutions leader, has been awarded the prestigious AIBC award at the 5th ASEAN-India Business Summit in Kuala Lumpur, Malaysia. A Fintech Leader, Perfios Wins the ASEAN-India Business Achievement (AIBC) Award 2023 Based in Kuala Lumpur, Perfios is a global leader in AI-powered financial decisioning solutions and commands over 80% market share within its key market segments. With extensive ASEAN presence including Singapore, Malaysia, Vietnam, Philippines, and Indonesia, Perfios has demonstrated an ecosystem-wide integration with cross-sectoral players in the region, redefining the landscape of credit and insurance decisioning. Trusted by 900+ BFSI institutions globally, Perfios operates across 18 different geographies. Displaying world-class capabilities, Perfios has pioneered ingenious AI/ML powered solutions by leveraging insights from 500+ million transactions processed every month, underpinned by global best practices for quality and data security standards. "As a Malaysia-based company, we are pleased that our contribution to ASEAN financial services has been recognized and we hope to continue to help ASEAN's Banks and Insurers leap-frog in the race to build AI-capabilities in their decision-making," says Perfios' Chief Executive Officer of International Business, Pramod Veturi. "At the same time, our insurance decisioning capability has been proven to help insurers sharply control claims costs and rein in the inflation within rising costs of medical care." Perfios' Insights, a Fintech solution that employs intelligent OCR and Machine Learning, transformed the lending practices of Southeast Asian banks and NBFCs by analyzing bank statements digitally. The solution drastically reduced credit processing time for top banks in the region resulting in an improved user experience for their SME customers. The InsurTech solution, Acclaim, helps Southeast Asian health insurers combat Fraud, Waste & Abuse (FWA) by verifying the authenticity of claims in real time - thus helping address one of ASEAN's top concerns in controlling medical insurance inflation. Acclaim has reduced the claim processing time for its customers by over 80% while providing more than 5% savings in claims pay-outs for ASEAN's top Life & Health insurers. Perfios is committed to driving digital transformation and financial inclusion for the BFSI segment, and this award recognizes its sustained efforts towards achieving this goal. About Perfios Perfios Software Solutions is the largest SaaS-based B2B Fintech software company empowering 900+ FIs to make informed decisions in real-time. Perfios specializes in real-time financial decisioning, analytics, end-to-end onboarding automation, due diligence, monitoring, litigation automation, and more. Perfios' core data platform has been built to aggregate and analyze both structured and unstructured data and provide vertical solutions combining both consented and public data for the BFSI space catering to their stringent Scale Performance, Security, and other SLA requirements. You can write to us at connect@perfios.com Media Contact: Name: Erina KusabuEmail: erina.k@perfios.comContact: +60 123321420
Transforming Bangladesh's sea lane to the Middle East and India West Coast main ports with weekly direct service calls Diversifying Chittagong's transhipment hubs connectivity to Jebel Ali and Khalifa Port in the Gulf; and Nhava Sheva and Mundra in India Creating the opportune Bangladesh-India-Sri Lanka-Gulf sea corridor; and game-changing in connecting cargoes for air transfers from Dubai to destinations in Europe and USA DHAKA, Bangladesh, March 14, 2023 /PRNewswire/ -- The CMA CGM Group, a global player in sea, land and air logistics solutions; today announced the launch of the new Bangladesh India Gulf Express (BIGEX) service. The service will debut as the first and fastest direct service that connects Bangladesh to Jebel Ali and Abu Dhabi in the Gulf; as well as Nhava Sheva and Mundra in India. BIGEX will commence sailing from the port of Chittagong on 5th April. Three 1,700-TEU vessels deployed on the service will ply the westbound rotation of Chittagong - Colombo - Mangalore - Nhava Sheva – Mundra; and Jebel Ali - Khalifa Port on the eastbound leg. Transforming Bangladesh's sea lane to the Middle East and India West Coast The introduction of BIGEX charts the Bangladesh-India-Sri Lanka-Gulf corridor, transforming Bangladesh's sea lane to the Gulf and India West Coast. Characterised by fast transit times, exports from Chittagong will reach Jebel Ali and Abu Dhabi in just 14 and 15 days respectively. A more efficient and greener alternative to trucking, BIGEX will get Bangladesh shipments to Nhava Sheva and Mundra in eight and 10 days respectively. Diversifying Bangladesh's transhipment connectivity BIGEX is also set to diversify Chittagong's connectivity to transhipment hubs beyond the key Asian ports to the Gulf and India West Coast ports. This expands the routes to markets and further reduces transit time, such as that for US-bound Bangladesh cargoes that will be relayed via Colombo. Providing end-to-end shipping and inland solutions Entered Bangladesh in 1996, the CMA CGM Group currently employs almost 80 staff members across three agency offices in Chittagong, Dhaka and Khulna. It currently offers three CNC maritime services – Bay Bengal Express (BBX), BBX2 and BBX3- that call the port of Chittagong each week. Beyond its container shipping services, CMA CGM provides return rail services from the Chittagong port to Inland Container Deport in Dhaka; as well as barge services from Chittagong port to the Inland Container Terminal in Pangaon and SAPL River Terminal Muktarpur, Munshiganj. The logistics business of the group also renders air, ocean and ground solutions. "The CMA CGM Group is committed in developing our shipping and logistics capabilities to support investments in Bangladesh and along the supply chain. The launch of BIGEX creates the opportune Bangladesh-India-Sri Lanka-Gulf corridor, opening new routes to and from the global markets for Bangladesh businesses," said Laurent Olmeta, Chief Executive Officer of CMA CGM Asia Pacific Limited. "BIGEX will game change in how our shippers take their exports to the global markets in the fastest and most efficient ways. Not only will it lead to more sea route options, it can seamlessly connect cargoes for air transfers from Dubai to destinations in Europe and USA," said T Sivakumar, Managing Director of CMA CGM Bangladesh.
DAHEJ, India, March 8, 2023 /PRNewswire/ -- Gulbrandsen, a global specialty chemicals leader, has started production of triethylaluminum (TEAL) at a new manufacturing facility located in Dahej, India, to meet increasing global demand. Aluminum Alkyls are used as co-catalysts for manufacturing polyolefins, synthetic rubber, pharmaceuticals and other fine chemicals. "This investment supports Gulbrandsen's commitment to meet the growing needs of our customers for high quality aluminum alkyls," says Ron Hatchell, Global Business Director of Organometallics. "The Dahej site will also play a vital role in achieving our long-term strategic targets and strengthen our presence in an attractive high-growth market." About Gulbrandsen: Gulbrandsen is a manufacturer of industrial chemical intermediates, fine chemicals and catalysts used in process industries. For more information, please visit our website at www.gulbrandsen.com.
XIAMEN, China, March 7, 2023 /PRNewswire/ -- Antaisolar, the leading supplier of the whole industry chain in PV mounting systems, has recently completed the signing of a 23MW supply agreement with WELSPUN INDIA LIMITED, committing to provide its classic slew-drive single-axis independent tracking system - TAI Simple for the solar plant. Having cultivated in the solar industry for seventeen years, Antaisolar is now developing at a rapid pace. This signing is another milestone for Antaisolar to expand its business presence in the Indian market. Solar tracking systems are proven to be more efficient than fixed mounting systems by making solar panels follow the sun's path to maximize absorbing the sunlight, which helps increase energy yield. Whereas, with advanced technology improving the energy yield, there also comes the drawback that utilizing tracking systems requires more investment. TAI-Simple, Antaisolar's intelligent 1P tracking system, adopts the patent single-point slew drive design with two dampers on both sides, which not only can greatly save cost in procurement, installation, and O&M, but also ensure the stability of the whole structure. Following the trend of reducing the LCOE of solar plants, purchasers are more interested in the solution of tracking systems combined with bifacial or large-size modules. Antaisolar has captured this demand and started R&D many years ago to optimize product adaptability. Until now, Antaisolar has the entire tracker product line matched perfectly with all types of solar panels. Indian solar market is growing at such an unimaginable speed that the installed capacity of PV systems in India has grown from 6.76GW in 2016 to 54GW in 2022. Competition becomes more fierce when the government announced the target to achieve 280GW of installed capacity by 2030. Antaisolar shows its confidence in exploring the Indian market and started deployment very early. The Indian office of Antaisolar is located in New Delhi where clients can find local sales and engineers providing the best solution for them. Antaisolar also cooperated with local supply chain factories and has secured 2.5 GW production capacity per annum, which enables fast delivery to the project location. Holding the mission of Raise a Green World, Antaisolar is making strides to achieve the globalization, bringing cutting-edge technology and thoughtful service to clients around the world. Along with the rapid growth of the solar market, Antaisolar is strengthening itself, always ready to solve what's next. Contact us Website: www.antaisolar.com Email: sales@antaisolar.com
BANGALORE, India, Feb. 16, 2023 /PRNewswire/ -- TÜV Rheinland, a global leader in independent testing, inspection and certification services, announced the appointment of Mr. Bhavik Trivedi as Managing Director for India operations. Mr. Trivedi will lead the India management team and will be responsible for finance management, productivity improvements, implementing business growth strategies, overseeing company growth and expansion in the Indian market. Announcing the leadership appointment, Mr. Benedikt Anselmann, Regional Executive Vice President, India Middle East & Africa, TÜV Rheinland said, "We are delighted to welcome Mr. Bhavik Trivedi as Managing Director for TÜV Rheinland India. The country is one of the fastest growing markets in our region. Mr. Trivedi is an industry veteran and we are confident that with him at the helm, our focus on profitable growth will get further accelerated in line with our expansion strategy. His track record of a customer-centric approach, focus on people and successful team-work, coupled with deep business knowledge, will propel TÜV Rheinland India to higher success." Bhavik comes with a strong experience in the TIC industry and is a seasoned business and finance professional with over 26 years of cross-functional experience. He has worked in various roles and contributed positively by influencing business growth through achievements in business development, finance management and productivity improvements. Commenting on his appointment, Mr. Bhavik Trivedi said, "I am honoured to join the 150 year old legacy of TÜV Rheinland, which stands for safety, quality and sustainability in all areas of business and life. I am excited to carry forward this culture of excellence, integrity, customer-centricity and agility that the company has nurtured, in India. I would like to thank the leadership of TÜV Rheinland for this opportunity." About TÜV Rheinland: TÜV Rheinland stands for safety and quality in virtually all areas of business and life. The company has been operating for more than 150 years and ranks among the world's leading testing service providers. It has more than 20,000 employees in over 50 countries and generates annual revenues of around 2.1 billion euros. TÜV Rheinland's highly qualified experts test technical systems and products around the world, support innovations in technology and business, train people in numerous professions and certify management systems according to international standards. In doing so, the independent experts generate trust in products as well as processes across global value-adding chains and the flow of commodities. Since 2006, TÜV Rheinland has been a member of the United Nations Global Compact to promote sustainability and combat corruption. Website: www.tuv.com Media contact: Mr. Samrat SinhaBrand and Communications, IMEATÜV RheinlandEmail: Samrat.Sinha@ind.TÜV.com
NEW DELHI, Feb. 8, 2023 /PRNewswire/ -- XCMG Excavator Machinery Business Unit of XCMG (SHE:000425) exhibited six customized excavator products at the 2023 bauma CONEXPO INDIA which was held from January 31 to February 3 at the India Expo Center in New Delhi. At the trade show, XCMG Excavator gained over 300 prospective clients and received pre-sale orders for nearly 100 units of equipment in total. bauma CONEXPO INDIA 2023: XCMG Excavator Showcases Six Customized New Products, Signs Pre-Sale Orders of Nearly 100 Units of Equipment. The 2023 bauma CONEXPO INDIA, the largest and most influential industry trade show in South Asia, was attended by more than 600 construction machinery manufacturers and suppliers from around the world, and over 50,000 visitors. India, the most populated country in the world, boasts tremendous market potential thanks to its robust economic growth. Over the past few years, XCMG Excavator has customized 17 products covering all tonnage classes for the Indian market, which adapt to the local climate's high temperature and humidity as well as having upgrades for fuel efficiency ratio, condition identification and maintenance. XCMG Excavator showcased the XE80C, XE140I, XE215I-K, XE230CLC, XE250C and XE380C at the trade show. The XE215I-K excavator is one of the best-selling customized products in India. Equipped with the Cummins turbocharged engine and high-efficiency cooling systems, the model can operate in India's high-temperature environment of up to 52 degrees Celsius. The strengthened working arm and optimized bucket can meet the demand of ore operations, while the strengthened chassis with seven to eight load-bearing wheels guarantees steady travel, making the excavator an ideal choice for infrastructure constructions and mining operations in India. In 2022, XCMG India expanded business quickly and sold over 1,000 units of excavators, ranking top for volume and revenue growth, and the market share continues to grow. XCMG's excavators are widely deployed in India's infrastructure construction projects, and with successful talent localization, XCMG India has provided many jobs for the local labor market, with 95 percent of the company's employees being local. XCMG has developed a deep integrated whole process partnership with Schwing Stetter India, from research, production, supply, marketing to service, since the manufacturing plant of XCMG Excavators in India has been put into production. XCMG also builds a distribution network to achieve preliminary full coverage across India with its local product development tactics empowered by a global supply chain, an established spare parts center, an out-performing professional service team, and a long-term aim of providing industry leading products and experiences. "Looking ahead, XCMG will continue to take root overseas, promote its internationalization strategy, and provide local clients with high-quality and highly adaptable products along with the out-performing service," said Tu Hui, Managing Director of XCMG INDIA MANUFACTURING. For more information, please visit http://en.xcmg.com/en-ap/. XCMG Excavator Machinery Business Unit of XCMG (SHE:000425) exhibited six customized excavator products at the 2023 bauma CONEXPO INDIA. During the bauma CONEXPO INDIA 2023, XCMG Excavator gained over 300 prospective clients and received pre-sale orders for nearly 100 units of equipment in total. XCMG Excavator showcased the XE80C, XE140I, XE215I-K, XE230CLC, XE250C and XE380C at the bauma CONEXPO INDIA 2023. In 2022, XCMG India expanded business quickly and sold over 1,000 units of excavators, ranking top for volume and revenue growth, and the market share continues to grow.
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