Friday, Sep 18 2020 | Time 22:18 Hrs(IST)
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  • Centre asks States to ensure free movement of vehicles carrying medical oxygen
  • PM Modi is never affected by pressure politics: Nadda
  • Govt allows higher local content requirement for public procurement
  • Railway services to resume in Nepal
  • PM misleading farmers & country, farm laws a conspiracy to end MSP: Cong
  • UN chief calls for political will for Sustainable Development Goals
  • UNICEF official in Lebanon warns of danger of illegal immigration
  • EU Belarus sanctions list has 40 names so far : Source
  • Philippine President extends state of calamity by 1 year due to COVID-19
  • K'taka COVID tally crosses five lakh-mark
  • COVID-19: Toll in Bengal rises to 4,242, cases touch 2,18,772
  • COVID: 2,488 fresh cases, 23 deaths in Haryana
  • India's active COVID cases cross 10-lakh mark, tally surpasses 52 lakh-mark
  • J&K becomes part of National Generic Document Registration System
  • Lodhas to challenge HC order in appeal court
Business Economy


CAxiomSL the front runner in corroborating FRTB calculations with ISDA benchmarking to meet industry regulatory requirements

NEW YORK and LONDON and SINGAPORE, Aug. 11, 2020 /PRNewswire/ -- AxiomSL, the industry's leading provider of regulatory reporting and risk management solutions, today announces its Fundamental Review of the Trading Book (FRTB-SA) and Counterparty Credit Risk (SA-CCR) certification - as one of the first to provide clients with calculations in line with the International Swaps and Derivatives Association's (ISDA) 'golden source' calculations. This will help our clients to better manage Basel IV requirements, as well as future US regulatory mandates.
The golden source calculations are designed to ensure the credibility of firms' standardised calculations for FRTB, SA-CCR and CVA (Credit Valuation Adjustment). ISDA is working with all stakeholders to promote the global harmonisation of these calculations required by regulatory authorities. The initial benchmarking program commenced in 2018 and runs through to July 2021. AxiomSL is among the first vendors to comply with the rigorous calculations as per the ISDA benchmarks.
Panayiotis Dionysopoulos, Head of Capital, ISDA, says: "ISDA is spearheading an initiative involving over 40 member banks to drive the accurate and consistent implementation of the new Standardised Approach capital models across the industry. We are delighted that solution providers are now joining this initiative and welcome AxiomSL as an early adopter".
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Innovation fuels growth for retail and telecom sectors in BrandZ™

18 Sep 2020 | 9:01 PM

Mumbai, Sept 18 (UNI) Retail and telecom brands have outperformed most other categories and seen their brand value increase in the 2020 BrandZ™ Top 75 Most Valuable Indian Brands ranking, released today by WPP and Kantar.

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UP ropes in banks to credit Rs 15,000 cr finance to MSME units

18 Sep 2020 | 8:45 PM

Lucknow, Sep 18 (UNI) Utilising the facility extended by the Rs 20 lakh crore 'Aatmanirbhar Bharat Abhiyan' package announced by Union Finance Minister Nirmala Sitharaman in May, Uttar Pradesh government has roped in the banks to extend the credit of Rs 15,000 crore to the micro, small and medium enterprises (MSMEs) in the short term to overcome the working capital woes during the Covid-19 pandemic.

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Angel Broking Limited Initial Public Offer to open on 22nd September 2020

18 Sep 2020 | 8:11 PM

Kolkata, Sep 18 (UNI) Angel Broking Limited, one of the largest retail broking houses in India in terms of active clients on NSE as of June 30, 2020, will open the initial public offer of equity shares of face value of Rs 10 each (“Equity Shares” and such initial public offer, the “Offer”) on 22nd September 2020.

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Red Box Launches Next-Gen Voice Capture Platform, Providing a Gateway to Realtime Enterprise Voice Freedom

18 Sep 2020 | 7:46 PM

LONDON and NEW YORK, Sept. 18, 2020 /PRNewswire/ -- Dedicated voice specialist, Red Box, today announces the launch of Conversa, the world's first truly open microservices-based and cloud-agnostic enterprise voice platform, which gives organizations the power to listen, the freedom to share and the insight to act upon enterprise wide audio and media data.

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Captain Anny Divya celebrates beautiful souls in Safi’s latest campaign

Captain Anny Divya celebrates beautiful souls in Safi’s latest campaign

18 Sep 2020 | 7:14 PM

New Delhi, Sep 18 (UNI) Captain Anny Divya, world’s youngest Boeing 777 woman commander shares her life journey on breaking stereotypes in Safi’s latest campaign – ‘SACHAI ANDAR.ACHCHAI BAHAR.’
She started dreaming of touching the skies at the age of 10 and faced tough opposition from people around her as she juggled various issues including the financial requirement of the profession.

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