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Business Economy


ACT Fibernet to power the startups in Karnataka with high speed broadband connectivity

ACT Fibernet to power the startups in Karnataka with high speed broadband connectivity

Bengaluru, Oct 25 (UNI) Atria Convergence Technologies Ltd. (ACT Fibernet), India’s largest fiber-focused wired broadband Internet Service Provider (ISP) has entered into an agreement with the Karnataka Government to provide the startups registered with the start-up cell with high speed broadband connectivity.

Under the agreement, the Bengaluru based ACT Fibernet will extend its best fiber optic technology to all the registered startups of the government’s startup cell, according to a release here on Thursday.

Speaking on the partnership, Minister for IT and BT K J George said “Bengaluru is the startup capital of India, and we have been strongly nurturing the startup ecosystem with policies and initiatives to help entrepreneurs and established industries flourish. I am extremely pleased that ACT Fibernet has come forward to extend their support and connect our startups with high speed broadband connectivity. This move will certainly help us build a more conducive environment for our startups to grow.”

ACT Fibernet Ltd CEO Bala Malladi said “It is our commitment to provide the best internet services to the startups and incubators and help them stay connected seamlessly.”

IT & BT Department Principal Secretary Gaurav Gupta said “When we speak about startups, Bengaluru holds the top position in the country, and to retain this momentum we make continuous effort to introduce policies and programs suiting their requirements."

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SAT asks NSE to give Rs 625 cr to SEBI within 2 weeks

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22 May 2019 | 7:21 PM

Mumbai, May 22 (UNI) The Securities Appellate Tribunal (SAT) on Wednesday asked the National Stock Exchange (NSE) to transfer Securities and Exchange Board of India (SEBI) Rs 625 crore within two weeks in connection with the NSE co-location case.

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Canara Bank launches Facebook and Instagram

22 May 2019 | 7:16 PM

Bengaluru, May 22 (UNI) Public lender Canara Bank, in order to serve and reach out to a larger clientele base, especially the youth, has marked its official presence on two of the most influential social media platforms in India--Facebook & Instagram today.

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Heritage Foods registers revenue growth of 13 07 pc in Q4FY18-19

22 May 2019 | 7:02 PM

Hyderabad, May 22 (UNI) Heritage Foods Limited, one of the leading private dairy players in India, has declared its financial results for the fourth quarter ended March 31, 2019.

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Fifth Smart Cities India Expo inaugurated

22 May 2019 | 6:40 PM

New Delhi, May 22 (UNI) The fifth Smart Cities India 2019 expo, including Transport India, Solar India, Buildings India and Water India expos, was inaugurated by Housing and Urban Affairs Secretary Durga Shanker Mishra on Wednesday.

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Bharti AXA Life Insurance wins FICCI Claims Excellence Award

22 May 2019 | 6:38 PM

Mumbai, May 22 (UNI) Bharti AXA Life Insurance, a joint venture between Bharti Enterprises and AXA, one of the world’s largest insurance companies, has been conferred with the ‘Claims Excellence Award’ by the Federation of Indian Chambers of Commerce and Industry (FICCI).

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