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ISGEC Heavy Engineering to set up subsidiary in Canada

* ISGEC Heavy Engineering has decided to incorporate a wholly-owned subsidiary company in Canada to expand its business operations in the North American nation, the company said today.

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* ISGEC Heavy Engineering has decided to incorporate a wholly-owned subsidiary company in Canada to expand its business operations in the North American nation, the company said today.

"The subsidiary company is being incorporated to expand the business of the company in that part of the world by having manufacturing operations by acquiring assets or an existing company," ISGEC Heavy Engineering said in a regulatory filing.

It said further information will be given to the stock exchange as and when some material activity, including acquisition, takes place.

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TransUnion CIBIL announces free credit score offer * Credit information firm TransUnion CIBIL will offer consumers a chance to see their credit information for free once in a year.

Consumers can also subscribe to TransUnion CIBIL data if they wish to see data more frequently.

"This gives all consumers online access to their CIBIL score and a report in a few minutes from computer or mobile phone. This will make it easier for consumers to achieve and maintain their financial goals," TransUnion CIBIL VP and Head of Consumer Interactive Hrushi Mehta said in a statement.

The subscription will also offer customised personal information based on one's financial report.

A CIBIL score is a three digit numeric summary of an individual's credit history.

It is derived using details of loan-related payments and credit card payments. A CIBIL score is used by financial institutions and banks to evaluate credit worthiness of an individual.

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HP launches Centre of Excellence in Delhi * HP Inc today launched its first Centre of Excellence (CoE) in India to showcase innovative solutions developed locally.

HP said the facility will offer solutions that solve real life problems with technological innovations and is in tune with government's Digital India initiative.

The 4,000 square-feet facility aims to demonstrate multiple solutions for sectors such as education, healthcare, BFSI and manufacturing, an HP release said.

"Developed in collaboration with over 25 system integrators that include top IT software companies, the CoE will be used as a platform to exhibit solutions relevant to government and businesses," it added.

The centre also showcases futuristic technologies in security and surveillance through command and control centre, mobility and healthcare with digital ICT labs, e-health centres and telemedicine.

The centre was inaugurated by P P Chaudhary, Minister of State for Electronics and Information Technology.

"It (the centre) will allow government and non-government stakeholders to have a practical understanding of the solutions making it easier for decision makers to take a step forward towards comprehensive digitisation of the nation," Chaudhary said.

HP has worked on projects for Indian Railways, Unique Identification Authority of India (UIDAI) and digitisation projects for Life Insurance Corporation (LIC) and several state governments.

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

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