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    Business Wire IndiaAvalara, Inc., a leading GST compliance automation solution provider, announces the successful GSTR-2 filing on production for its clients. The Avalara software solution, TrustFile GST, created history in the filing of GSTR-2 for its clients, earlier in the month of July 2017.

    Harshad Shinde, Product Manager, GST India, Avalara stated, “We have successfully filed GSTR-2 recently and became one of the first ASPs to file GSTR-2 with the GSTN guidelines. I am confident Avalara TrustFile GST will be one of the first ASP solutions to file GSTR-3 for its customers.”

    Filing of GSTR-2 is a complex task, requiring amalgamation and reconciliation of sales and purchase data, but Avalara TrustFile GST is an automation solution that has simplified this process through the use of cloud technology:

    • Retrieving Data: GSTR-2 requires businesses to submit accurate sales and purchase data each month. Avalara TrustFile GST can either directly extract this sales & purchase data from an established ERP or accounting system, or give a business, a mechanism to upload a simple CSV file.
    • ITC issues: In the GSTR-2, it’s important to enter the ITC claim amount for each invoice or C/D notes individually. Avalara makes this very easy through GSTR 2 input template in the CSV file.
    • Reconciliation issues: GSTR-2 requires accurate reconciliation of invoices between businesses, including all debit/credit notes. Avalara TrustFile offers an auto reconciliation feature and matching of invoices in GSTR2A.
    Coupled with an additional advantage of prior GST experience (in Brazil and Canada) and Avalara’s experience in serving more than 20,000 clients globally, Avalara TrustFile GST is a cloud based solution that helps with complete automation of GST compliance. TrustFile GST provides a huge array of benefits, including timely compliance, report generation, comparison of reports, decision making, cost-effectiveness with reduced staff, technical and online support, and more.
    About Avalara

    Avalara helps businesses of all sizes achieve compliance with transactional taxes, including sales and use taxes, VAT, excise, communications, and other tax types. The company delivers comprehensive, automated, cloud-based solutions that are designed to be fast, accurate, and easy to use. Avalara’s Compliance Cloud™ platform helps customers manage complicated and burdensome tax compliance obligations imposed by state, local, and other taxing authorities throughout the world.
    Avalara offers more than 600 pre-built connectors into leading accounting, ERP, ecommerce and other business applications, making the integration of tax and compliance solutions easy for customers. Each year, the company processes billions of indirect tax transactions for customers and users, files more than a million tax returns and manages millions of tax exemption certificates and other compliance documents.
    A privately held company, Avalara’s venture capital investors include Sageview Capital, Battery Ventures, Warburg Pincus, Technology Crossover Ventures, Arthur Ventures, and other institutional and individual investors. Headquartered in Seattle, Avalara has offices across the U.S. and overseas in the U.K., Belgium, Brazil, and India. More information at

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    Business Wire IndiaGlobal rating agency Moody's Investors Service raised India's sovereign credit rating to 'Baa2' from 'Baa3'. Moody's also changed its rating outlook to stable from positive, explaining that at the 'Baa2' level, the risks to India's credit profile were broadly balanced.

    It is extremely positive international recognition for India after undergoing various revolutionary reforms introduced in NDA regime over past few years. The economic reforms such as improvement to the monetary policy framework, address issues of NPA's, recapitalisation, Insolvency & Bankruptcy law, fiscal consolidation framework, GST has brought in much required push in the productivity, improvised business climate ultimately fostering strong and sustainable growth of Indian economy. Government's reform programme will surely reap the benefits once the smooth implementation is focused upon.
    We congratulate Hon'ble Prime minister Shri Narendra Modi on giving this upgrade to the economic credibility of India. Describing the upgrade as a development it will reduce the cost overseas borrowing and improve investments in India', Dr Niranjan Hiranandani, CMD, Hiranandani Communities and President, National Real Estate Development Council (NAREDCO) pointed out that the rating upgrade had come after a long spell of 13 years. He further added, "Continuous progress on economic and institutional reforms will enhance India's high growth potential, overseas borrowing by Indian companies is set to get cheaper. It is also expected that foreign investors will be positively inclined to invest more in India with robust growth story".

    Emphasis on robust infrastructure and rural development spending will sustain their growth story. Indian companies are set to benefit from rating upgrade as investors would be keen to lend money. Lower cost of borrowings will help govt to maintain fiscal discipline and Indian companies will be able to reap the benefits of lower cost of borrowings.
    Thus upgrade in India's global rating is very heartening indication of resilient and robust Indian financial system poised to strengthen growth. This will act as a further boost to the goal of Housing for All.

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    Business Wire IndiaBajaj Finserv, through its lending arm, Bajaj Finance Ltd., has announced the lowest ever interest rates on Home Loans & Home Loan Balance Transfer in its limited period offer. Home buyers can now avail a loan at 8.30% for a loan value above Rs. 30 lakh. Currently, it is one of the lowest interest offered by any financial institution in the country.

    Bajaj Finserv is also offering the highest top-up value of Rs. 50 lakh for applicants opting for balance transfer at a minimal interest rate. The top-up amount can be used for different purpose like new home décor and improvement, wedding or holiday expenses, or second home investment through a very simple process. This unique proposition of home loan balance transfer with a top-up from Bajaj Finserv could ensure lower interest rates and savings on EMI’s.

    The offer is open to all customers applying for new loans and ones seeking home loan balance transfer between November 23 to November 29, 2017.

    Home loans from Bajaj Finserv comes bundled with other added advantages like instant approval, 3 EMI Holiday, speedy disbursal and much more.

    Bajaj Finserv Home loan’s benefits:

    Customers availing a home loan from Bajaj Finserv can avail a 3 EMI holiday which allows the customer to start repaying the loan 3 months post the disbursal. In this period customers can divert the funds towards setting up their home and plan their finances better.

    Applying for Home Loan with Bajaj Finserv is an easy and convenient process wherein the customer can check their eligibility online and calculate their EMI through the home loan EMI calculator with the flexibility of choosing their tenor.

    On fulfilment of the eligibility criteria, the loan is approved within 5 minutes and a representative gets in touch with the customer immediately. Applicants can apply for a home loan with minimum and basic documents like identity proof, address proof, income details and bank statement. Bajaj Finserv offers a door step service for collecting the customer’s documents as per time convenient to customer. 
    About Bajaj Finance Ltd.

    Bajaj Finance Limited, the lending and investment arm of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 21 million customers across the country. Headquartered in Pune, the company's product offering includes Consumer Durable Loans, Lifestyle Finance, Personal Loans, Loan against Property, Small Business Loans, Home Loans, Credit Cards, Two-wheeler and Three-wheeler Loans, Construction Equipment Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Re-Financing Loans. Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today.

    To know more, please visit:

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    Business Wire IndiaOnline Mutual Fund Investment Platform, in a span of 18 months, has crossed the milestone of 1 Lakh Happy Investors. FundzBazar would like to thank all its channel partners and investors for their support.

    FundzBazar has seen the fastest addition in new investors in the last 7 months. It has garnered 57,700 new investors during this period.

    FundzBazar was launched with a sole vision to provide Ease-of-Investing to Indian investors. Since the launch, FundzBazar has launched several investor-friendly features which provide freedom and flexibility to invest anytime and from anywhere to Indian investors.

    What's New @ FundzBazar: Since the launch

    • Started allowing NRIs, HUFs and Minors to open their FundzBazar accounts
    • Launched facility to transact with 900+ banks to invest which includes all small and regional co-operative banks across India
    • Launched Paperless eKYC facility. Now, 1st time mutual fund investors can complete their KYC in just 2 minutes on FundzBazar
    • Launched Portfolio Scanner Report wherein investors can track and monitor all their investments in just one click!
    • Launched instant redemption facility called 'InstaFundz'. Investors can earn higher returns than the traditional savings bank account and redeem their investments upto Rs. 50,000 per day per AMC anytime, anywhere, 24x7 and in just 30 minutes!
    • Introduced online option to manage account. Investors can now put their request to change bank, email id, mobile no. online. Investors can also appoint or change nominee online
    • Introduced 'Easy Sign Up' facility in mobile app. With this, investors can sign up and open FundzBazar account from their mobile itself. No need to have a laptop or desktop to open FundzBazar account

    About Prudent Group

    FundzBazar has been promoted by Prudent Group, a group which has more than 17 years of experience in financial advisory and distribution business.

    Prudent manages Rs. 14, 644 Crore AUM and is having a wide network of 66 branches in 19 states with 9200+ channel partners catering to 4.45 lakhs+ clients with no. of live SIPs of 6.04 Lakhs+.

    For more information, visit:,

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    Business Wire India

    Under the agreement, CEDEX will leverage on IDEX diamond knowledge and real-time diamond prices to present it to its future exchange customers, while IDEX will use CEDEX technology to better accommodate investments in the diamond professional market.


    This press release features multimedia. View the full release here:


    With over two decades of undisputable reputation as a prominent and unbiased market leader in the diamond industry, IDEX moves to strongly reinforce CEDEX technological innovations. “We believe that the diamond industry stands to gain by connecting with CEDEX B2C offerings, vision, and trading models. The integration into the financial world and the transformation of diamonds into a new financial asset class have been a key driving force behind IDEX’s activity since the company’s establishment. Joining forces with CEDEX enables us to better serve our diamond suppliers and traders” says Ehud Cohen, Founder and Chairman of IDEX Online. “There is no doubt that harnessing IDEX’s diamond suppliers’ data and inventory is a pivotal step forward towards connectivity between the diamond industry and the financial market” says Ronen Priewer, founder of CEDEX. “By providing analysis driven from the largest available database of B2B diamond transaction records, IDEX enables our proprietary technology, the DEX, to achieve accurate and scientific results making it a unique diamond value benchmark for any financial need. CEDEX which fosters usage of Cryptocurrency CEDEX coin to enable trading in diamonds is targeting to enlarge the offering through collaboration with IDEX online.


    Both companies complement themselves, as IDEX is a B2B reality, while CEDEX is B2C. This creates new opportunities for both companies, enabling mutual methodological advice and benefits deriving from the markets that the companies cover. This move sets both companies to enlarge into the emerging new economy system.


    About CEDEX


    CEDEX is the First Certified Blockchain Based Diamond Exchange.

  is a global exchange that focuses on bridging the gap between the traditional diamond industry and the innovative financial markets. With its extensive industry knowledge, CEDEX wants to engineer a ground-breaking change – enabling people to liquidate and trade in diamonds like any other financial asset, in a transparent and secure way.


    The CEDEX exchange will enable trading on individual diamonds, shares in a high- value stone or shares in a basket of diamonds (ETF). Through the DEX, CEDEX’s machine learning algorithm and blockchain technology that rates and evaluates diamonds’ prices, traders, buyers and sellers will have full confidence in investing on the platform.


    The CEDEX project was founded by a team of professionals in technology (trading platforms and pricing engines), financial markets and the diamond industry.


    About IDEX Online


    IDEX - International Diamond Exchange - is the leading online diamond-trading platform for professional diamond traders located in the main diamond cities such as Antwerp, Mumbai, Ramat Gan and New York.


    IDEX reach into the professional diamond trade is comprehensive - more than 7,000 professional traders use the system regularly; more than 75% of the supply chain inventory is featured on the system. IDEX is a leader and innovator in diamond pricing products and its prices and data has become one of the industry standards. The widely used and followed IDEX Diamond Index has been published continuously since 2004 and is the first and oldest index based on actual listing data.





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    Business Wire India

    Andersen Global is proud to announce the debut of the Andersen name in Turkey as member firm, NAZALI Tax & Legal, will officially adopt the Andersen name in January 2018. The tax and legal firm has locations in Istanbul, Ankara, Izmir and Bursa and will now operate as a full-fledged member firm of Andersen Global.


    “The adoption of the Andersen name demonstrates the next step to further extending our boundaries and integrating our team globally. We are excited to continue strengthening our practice and capabilities, and together we will strive to find the best solutions for our clients,” stated Managing Partners of Andersen Tax in Turkey, Ersin Nazali and Cagdas Guren. “Incorporating additional offerings internationally and extending our support will help us build on our foundation and further provide seamless coverage in key markets.”


    Global Chairman and Andersen Tax LLC CEO, Mark Vorsatz, added, “The team in Turkey is dedicated, passionate, and have shown outstanding commitment to client service. They are an excellent fit for our firm, our clients, and our core principles.”


    Under the name Andersen Tax, the firm will continue to provide tax and legal consultancy services in a wide range of industries to many national and international clients including tax compliance, accounting, corporate and commercial law, corporate restructuring, tax litigation, social security and employment law, customs and foreign trade law, intellectual property law, and litigation-enforcement and bankruptcy law.


    Andersen Global is an international association of legally separate, independent member firms comprised of tax and legal professionals around the world. Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 2,500 professionals worldwide and a presence in over 78 locations through its member firms and collaborating firms.





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    Business Wire India

    Mr. Satish Chawla, Zonal Head, Mumbai - UAE Exchange India receiving the award
    Mr. Satish Chawla, Zonal Head, Mumbai - UAE Exchange India receiving the award

    Nation is moving towards development through Digitalization. Things are getting updated with new techniques for availing better services. To explore the world with digital transactions UAE Exchange India made excellent services through Xpay cash wallet. It provides secure and easy payments for mobile recharge, entertainments, online shopping and other utility bills at affordable cost. 
    Because of exemplary and innovative service in XPay cash wallet, the company has won the Drivers of Digital Award 2017 for the best Financial Service/Banking Category.
    Mr. Satish Chawla, Head Corporate-West India received the award from Mr. Naveen Surya, Chairman of Payment Council of India at an exclusive event held on 26 October 2017 at The Mayfair Worli, Mumbai. It's a great complement for the company to promote more digitalized services to the customers for their requirements.About UAE Exchange India
    UAE Exchange India is one of the best and renowned of financial services with its penchant quality and optimized service trends. Connecting people and creating progress with the finest of quality is the vision of the company, that has an extensive reach of 375 plus branches serving a population of 1.25 million people under the proficient support of 3500 employees. The company has been instrumental in providing excellent service in Foreign Exchange, Money Transfer, Air Ticketing & Tours, Loans, XPay Cash Wallet, Insurance and Share Trading.

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    Business Wire India

    Crypto Click Limited has now started general affiliate registration for our ICO/cryptocurrency ASP “Crypto Click Affiliate” from 10th of November 2017.


    “Crypto Click Affiliate” - ICO/cryptocurrency related ASP
    Official Website:


    - Concept of Crypto Click Affiliate


    Our offered products are limited to cryptocurrency related products and affiliate commission will be paid out in Bitcoin.


    ICOs (Initial Coin Offering) are attracting massive attention in the cryptocurrency industry at the moment.


    ICOs are a way for start-up companies to raise money by selling investors tokens in exchange for equity, similar to an IPO.


    ICO are booming with massive growth in the overall cryptocurrency industry. To illustrate this, there was an ICO that raised 35mil USD within 30sec, which was a big news in the industry.
    Therefore “Crypto Click Affiliate” - the ICO and Cryptocurrency ASP - is the most attractive ASP, which provides our affiliates to earn massive commission with ICO products.


    - Why ICO?


    The ICO structure is very similar to an IPO.
    If the tokens issued in the ICO was 1 USD as the starting price (for corporate fundraising), its price could go up to 2 USD, 3 USD and more when listed (=capital gain for investors).
    This is the same effect as people investing in attractive unlisted stocks, more funds come into more attractive ICOs.


    - Our mission is to serve our trusted affiliate partners with only exceptional ICOs. We believe this enables the advancement of technology, growth, and economic progress through our specialized affiliation program.


    The growing popularity of ICOs in the global blockchain industry is due to it being the newest way of corporate funding.
    However, there are a number of incorrect information in circulation about ICOs.


    Free flow of ICO information is not consistent, therefore purchaser can receive inaccurate and twisted information causing big misunderstanding of the white paper and the project itself.
    ICO hosts providing accurate and detailed information for a deeper understanding of the project is the key to a successful fundraising.


    Crypto Click Affiliate is here to provide the much needed true information to our affiliates.
    We will provide scheduled marketing material like ICO team interviews and IR information constantly.
    Only exceptional ICOs that passed our strict guidelines are going to be our partners for their fundraising.
    We have already lined up a number of credible ICO partners, mainly from Europe, through our extensive global network.
    Please note that 4 of those amazing ICO partners are already in preparation and will soon be ready for their pre-sales.
    And there are more and more of incredible ICO partners coming our way!


    - Why Crypto Click Affiliate?


    1. Life time commission
    You can receive your commission permanently with Crypto Click Affiliate, unlike other affiliate systems.


    In a general affiliate set up, affiliates earn their commission only from their customer’s first product purchase.
    In our affiliation program, our affiliates will receive commission on their customer’s every purchase without limitation.
    The more the customers purchase, the bigger the commission, permanently.


    2. High average spending per customer
    We have data that shows average spending of a customer is around 2,630 USD.
    Please remember that ICO customers are investors and their investment amount is increasing in speed with the hype of the ICO market.


    3. 100% approval rate!
    In general affiliation, ASP pays out commission only after advertisers approve sales of affiliates.
    ASPs are therefore unable to pay out commissions to affiliates without having these approvals.
    With this non-transparent system, advertisers have the power and could falsely adjust sales of affiliates.


    At Crypto Click Affiliate, we are the only ones to review, confirm and approve affiliate sales and not the advertisers.
    With our innovative affiliation system, we can prevent the unfortunate losses of affiliate’s efforts.


    4. Speedy 1 day commission payout
    Speedy 1 day commission payout is now possible with these steps;


    1. We send customer’s purchase amount to our payment solution system


    2. We manage customer’s information within our system


    3. We review, confirm and approve all the affiliate sales


    4. We payout commission to our affiliates first


    5. Finally we payout the rest to our ICO partners


    Please note that on the first month of operation of our program, we will run payouts in 2 week cycles.
    By January 2018, we estimated to be able to provide you payouts within 1 day!


    5. Hybrid commission program with affiliate commission & bounty
    Crypto Click Affiliate introduces the new “Bounty Program” apart from the affiliate commissions.
    Our affiliates can earn ICO tokens as a “bounty” reward, in exchange for media exposure on SNS, blogs and video-sharing sites.


    We provide revenue share (affiliate commission) + media exposure commission (bounty) as a new hybrid style of an ASP.
    Please refer to below for our base reward program (please note that commission details will be adjusted for each ICO);


    1. SNS Bounty
    Twitter – Earn bounty by retweeting official ICO tweets five times.
    Facebook – Earn bounty by providing “likes” and shares of official ICO posts.


    2. Blog/Article post Bounty
    Earn bounty by posting an article of the ICO’s whitepaper and road map.


    3. Movie upload Bounty
    Earn bounty by uploading original movies about ICO products.


    Our affiliates can earn commission just by media exposure without actual sales, which is great for affiliation beginners!
    Use both of our attractive hybrid commission programs to maximize your earnings!
    Hurry and join us on our brand new cryptocurrency affiliate program now!


    “Crypto Click Affiliate”


    - Crypto Click (Website:


    Crypto Click is the operating company of Crypto Click Affiliate, our main business focus is to offer the best ICO/cryptocurrency affiliate program and the best solutions for ICO marketing, such as our ICO information curation service, blockchain installation support, and altcoin listing support at our partner’s exchange market.


    For more information, please refer to our company website above.





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    Business Wire India

    Inauguration of Tolichowki branch, Hyderabad
    Inauguration of Tolichowki branch, Hyderabad

    UAE Exchange India reached the height of excellence in outstanding customer-centric services through advanced and digitalized techniques. Extending a seamless and hassle-free service for all their customers, Tolichowki Branch, Hyderabad conducted a ribbon cutting ceremony for their renovated premise on November 22nd, 2017. Along with inaugural ceremony branch also launched Dubai Shopping Festival Package 2018 through an array of exuberant customer activities marking the day for the participants.
    Chief Guest Mr. Kausar Mohiuddin, Member of Legislative Assembly inaugurated the renovated premise with Dr. Qaiser Afzal. On this special occasion, branch invited 30 devout customers, who were updated with informative sessions especially about Dubai Shopping Festival 2018 which were commented by the audience as beneficial. On this special occasion Mr. N Gopi, Zonal Head shared, “We are really delightful to instigate the biggest shopping fiesta of Dubai with the best rates available for our customers on this special occasion.” About UAE Exchange India

    UAE Exchange India is one of the best and renowned financial service provider with its penchant quality and optimized service trends. Connecting people and creating progress with the finest of quality is the vision of the company which has made it extend its frontiers to over than 375 locations serving a population of 1.25 million people under the proficient support of 3500 employees. The company helped to provide excellent service in Foreign Exchange, Money Transfer, Air Ticketing & Tours, Loans, XPay Cash Wallet, Insurance and Share Trading.

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    Business Wire IndiaInsurance industry suffers fraud in more ways than one. We're not just talking about the bogus insurance claims.
    Technology-savvy new-age fraudsters play a more intelligent game. As Insurance companies have migrated a part of their marketing and sales online, fraudsters have found new avenues to make money. Using bots, fake registrations, cancellations, click farms and more, fraudsters syphon away a significant chunk of the business's budget and productivity, spoiling the experience of genuine customers as well.
    Adby Ventures, a company specializing in preventing frauds against businesses, announced today that HDFC Life, one of India's largest insurance players, has implemented its solutions to detect and prevent fraud and protect interests of the business & the customers. According to web stats, lakhs of users visit HDFC Life online every month to evaluate and buy insurance. HDFC Life drives a significant part of their business through this online platform, employing a variety of online marketing channels.
    “Fraud is omnipresent. It is impossible for a digital marketer to escape it. Smarter is the marketer who acknowledges the risk and works towards mitigating it,” says Vivek Singh, co-founder, Adby Ventures. “In my ten years of marketing role, I faced everything from bot-spams​ to large call-centers especially designed to punch fraud. I am glad to work with other marketers to build defense layers against them. Globally, Ad Fraud is estimated to be more than 16 Bn dollar problem this year. It is considered one of the largest forms of organized crime. Adby Ventures has deployed monitoring layer had HDFC Life’s online insurance platform, and it will serve as a gate for all incoming digital traffic. Suspicious patterns are immediately caught and reported. It serves as a CCTV except that it additionally highlights the thief in Red,” said Vivek.
    About Adby Ventures
    Adby Ventures provides media-intelligence and fraud-intelligence services to business and their marketing team. It enables marketing teams to detect fraud in real time and make sure their efforts and budgets are utilized on cleaner and productive channels. Adby employs awareness, audits and monitoring tools and technologies to ensure that digital marketers stay a step ahead of digital fraudsters.
    ​Additionally, Adby Ventures provides media-intelligence ​platform to publishers, advertisers and agencies - enabling them to keep a watch on the market opportunities and the ad strategies of competitors. RummyCircle, Airtel, Jagran, HindustanTimes, Network18, Vodafone, Bloomberg Quint, Adda52 and GroupM are some of the clients that Adby Ventures services.
    For more information visit

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    Business Wire India

    In celebration of the Final Draw for the 2018 FIFA World Cup Russia™, Visa (NYSE: V), the Official Payment Service Partner of FIFA, released travel and spending data for the 2018 FIFA World Cup™. Throughout official FIFA venues, Visa will enable a cash-free fan experience by implementing point-of-sale terminals that accept a Visa credit or debit card and a range of digital payments, such as those made via phone or watch.


    These enhancements ensure official FIFA venues are equipped with the latest in payment innovation and are ready for the increase in expected international visitors to Russia. Based on spending trends and insights from Visa, it is projected that Russia will host an additional 300,000 to 500,000 international visitors1 during the months of June and July 2018, on top of a baseline average of 4.3 million total international visitors2 to Russia during that same time period over the past four years.


    Based on historical data1 from the previous four FIFA World Cup™ tournaments, Visa projects foreign visitors to Russia will represent a 6 to 10 percent increase in foreign visitors to the country in June and July 2018. The largest share of non-native travelers to Russia are forecast to come from:

    • Europe (69 percent)
    • Asia Pacific (12 percent)
    • Americas (8 percent)

    Based on historical data3 from the 2014 FIFA World Cup Brazil™, Visa anticipates Russia can expect to see an increase in per traveler spending. On average, visitors attending the 2014 FIFA World Cup Brazil™ spent 31 percent more3 per card than regular tourists in Brazil. Visa projects this difference was a result of FIFA World Cup™ fans spending:

    • Over 25 percent more at restaurants
    • Over 10 percent more on transportation
    • Close to 10 percent more on lodging

    “As the Official Payment Service Partner of FIFA, Visa is excited for fans all over the world to join us in Russia,” said Ekaterina Petelina, country manager, Visa Russia. “From unveiling the latest payment innovations to upgrading payment terminals to allow for contactless cards and digital payments, such as those made via phone or watch, throughout official venues, Visa will continue to elevate the fan experience. Visa provides simple and secure payment options for those in attendance, so they can get back to their seats quickly and focus on the match.”


    Global ticket sales for the 2018 FIFA World Cup Russia™ continue to perform well, as FIFA recently reported4 that:

    • Close to 800,000 tickets have been sold so far to the FIFA World Cup global fan base.
    • Nearly 50 percent of the ticketing demand is coming from the host country, Russia, with Argentina, Australia, Brazil, China, Colombia, Germany, India, Mexico and the United States making up the largest number of international requests.

    To ensure fans have a seamless and secure payment experience when attending the 2018 FIFA World Cup Russia™, Visa developed the following recommended travel tips that fans can take advantage of.


    Know Before You Go to Russia

    • Notify your issuing bank or financial institution of anticipated travel plans, including use of Visa debit, credit or prepaid cards abroad to avoid any issues while processing transactions. Issuing banks can also provide information about travel-related benefits for Visa account holders, including opt-in mobile services, such as Mobile Location Confirmation through your bank’s mobile app or Visa’s Travel Authorization Tag.
    • Register for SMS notifications with your specific bank, or the bank’s transaction notification service, to track purchases made on your Visa accounts as you travel.
    • Set up automatic bill pay for any credit cards to give you some peace-of-mind that your account will be current while traveling abroad.
    • Make two copies of important travel documents, namely your passport, in case of emergency. Leave one copy with a friend or relative and carry the other separate from your original documents. You can also take a photo with your cellphone of important documents.

    Travel Tips for Fans in Russia

    • When paying by card, pay in “local currency” for a competitive exchange rate.
    • Use a credit or debit card for purchases. Visa offers security, convenience and ease when paying abroad. It is safer than carrying cash.
    • Whenever possible, pay through a chip-activated terminal when using your credit or debit card for enhanced security.
    • Look for the Visa or PLUS logo at any point-of-sale terminal to ensure international payment cards are accepted.

    As the Official Payment Service Partner of the 2018 FIFA World Cup Russia™, Visa will be celebrating the spirit of football in Russia and is looking forward to showcasing the future of digital payments with fans from all over the globe. For additional information on Visa’s sponsorship of the 2018 FIFA World Cup Russia™, visit




    Visa International Travel (VISIT) platform is a proprietary model that combines Visa's cardholder data with publicly-available cross-border arrival statistics. The database provides a comprehensive view into high-frequency cross-border travel flows, currently encompassing the top 82 origin and destination countries, which collectively account for more than 80 percent of global travel. VISIT combines unique counts of Visa cardholders that register a face-to-face transaction at a merchant outside their home country in a given calendar month with other transaction data such as average spend per cardholder, card usage patterns at lodging merchants and others. Visa uses this data to econometrically model official arrival statistics compiled by various government sources and to generate estimates that fill in the large gaps existing in the cross-border travel data.


    About Visa Inc.


    Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit, and @VisaNews.


    1 Estimate based on the Visa International Travel (VISIT) platform, 2002-2014.


    2 Visa International Travel (VISIT) platform, four-year average, 2014-2017.


    3 VisaNet 2014.


    4 See for more information about ticket sales for the 2018 FIFA World Cup™.



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    Business Wire IndiaInfineon Technologies AG (FSE: IFX / OTCQX: IFNNY) has been recognized with two SESAMES Awards for the world's first post-quantum cryptography implementation on a contactless security chip. The prestigious industry awards were presented today at the TRUSTECH 2017 in Cannes. Infineon was awarded in two of six categories: Cybersecurity and eGovernment.
    Infineon is a pioneer in the development of encryption mechanisms that can withstand the computing power of future quantum computers. The company is already preparing for the smooth transition from currently used security protocols to post-quantum cryptography.
    Infineon is the first provider to transfer post-quantum cryptography to contactless smart cards. The small chip size and limited storage space for storing and executing such a complex algorithm as well as the transmission speed were challenging.
    Further information is available at
    The SESAMES Awards is presented to the best innovations in the field of digital security. A jury of independent experts selected the winners in a total of six categories at the TRUSTECH trade fair in Cannes, France. Further information is available at
    Visit us at TRUSTECH 2017 (Cannes, France, 28-30 November) at booth A/049 Riviera (Rotunde) and find out about the latest chip solutions for contactless payment, identification and transport ticketing. Further information is available at:

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    Business Wire India

    Schlumberger Limited (NYSE:SLB) will hold a conference call on January 19, 2018 to discuss the results for the fourth quarter and full year ending December 31, 2017.


    The conference call is scheduled to begin at 8:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time.


    To access the conference call, listeners should contact the Conference Call Operator at +1 (800) 288-8967 within North America or +1 (612) 333-4911 outside of North America approximately 10 minutes prior to the start of the call, and ask for the “Schlumberger Earnings Conference Call.”


    A webcast of the conference call will be broadcast simultaneously at on a listen-only basis. Listeners should log in 15 minutes prior to the start of the call to test their browsers and register for the webcast. Following the end of the conference call, a replay will be available at until February 19, 2018, and can be accessed by dialing +1 (800) 475-6701 within North America or +1 (320) 365-3844 outside of North America, and giving the access code 433023.


    About Schlumberger


    Schlumberger is the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. Working in more than 85 countries and employing approximately 100,000 people who represent over 140 nationalities, Schlumberger supplies the industry's most comprehensive range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance.


    Schlumberger Limited has principal offices in Paris, Houston, London and The Hague, and reported revenues of $27.81 billion in 2016. For more information, visit





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    Business Wire India

    Brickwork Chairman, Vivek Kulkarni and CEO, Sangeeta Kulkarni by Patrick Lim, Director - Business & Service Excellence, SPRING Singapore in the presence of David Rasquinha, MD EXIM Bank of India, R Mukundan, MD Tata Chemicals Ltd and TT Ashok, MD Taylor Rubber P Ltd.
    Brickwork Chairman, Vivek Kulkarni and CEO, Sangeeta Kulkarni by Patrick Lim, Director - Business & Service Excellence, SPRING Singapore in the presence of David Rasquinha, MD EXIM Bank of India, R Mukundan, MD Tata Chemicals Ltd and TT Ashok, MD Taylor Rubber P Ltd.

    Brickwork India has been recognized with the “SMB Star Icon Award for Sustained Performance Excellence” at the Business Excellence 2017 Awards function hosted by CII institute of Quality and Exim Bank, at Hotel Taj Bangalore on Sat, 25th Nov 2017.
    This award, considered amongst the highest quality awards in India, was presented to Brickwork Chairman, Vivek Kulkarni and CEO, Sangeeta Kulkarni by Patrick Lim, Director - Business & Service Excellence, SPRING Singapore in the presence of David Rasquinha, MD EXIM Bank of India, R Mukundan, MD Tata Chemicals Ltd and TT Ashok, MD Taylor Rubber P Ltd.
    The assessment is based on the “European Foundation for Quality Management (EFQM) Excellence model” which evaluates an organization’s sustainable competitiveness and journey towards excellence. The fundamental concepts of excellence related to Customers, People, Operations and Business are assessed on the following parameters:
    • Leading with vision, inspiration & integrity
    • Achieving balanced results succeeding through people
    • Adding value for customers
    • Nurturing creativity & innovation
    • Building partnerships
    • Taking responsibility for a sustainable future
    • Managing by processes
    There were 4 levels of recognition based on the total score achieved. It is a matter of great pride that Brickwork received the highest level of recognition of “Star Icon”, across all the Indian SMB’s by scoring over 500 points in its maiden attempt itself.About Brickwork India
    Brickwork India was co-founded in 2005 by Vivek and Sangeeta Kulkarni with the pioneering concept of Remote Executive Assistance (REATM) to provide best-in-class Executive Assistant experience to organizations worldwide. This customized business assistance helps organisations to optimize their executive time by freeing them up from routine and non-core tasks.
    Brickwork has supported customers across 116 countries and delivered more than 20,000 plus projects. Its customers range from Fortune 500 companies, SMB's and start-ups to innovative entrepreneurs and busy CXOs across 52 plus industries. Some of the customers who have leveraged REA support include Wall Street firms, CXO's from large enterprises, well known industrialists, media celebrities, senior consultants, a US Senator and an advisor to the US president.
    Brickwork has the distinction of being the first Indian virtual assistance company to receive the ISO 27001:2013 certificate for data security and confidentiality. It is also certified as a Women-owned Business Enterprise (WBE), by WEConnect International headquartered in Washington DC, USA.
    Brickwork and its CEO, Sangeeta Kulkarni have received recognition from the industry through the following awards:
    • “SMB Star Icon Award for Sustained Performance Excellence” at the CII-Exim Bank Business Excellence Awards - 2017
    • “Active Customer Engagement” award as part of the CII Award for “Customer Obsession” 2016
    • Award for “Leveraging digital transformation to deliver superior customer experience 2016” by CII
    • Asia Pacific Entrepreneurship award in the most promising category by Enterprise Asia in 2016
    • “Women Entrepreneur of the year – IT” award by STPI in 2015

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    Business Wire India

    CLIMATECOIN and CARBON TRADE EXCHANGE (CTX) – GEM, closed an agreement to create the first peer to peer decentralized platform for carbon credits trading/exchange in the world.


    Climatecoin will become the first carbon zero cryptocurrency in the world by ‘stapling’ a carbon credit to every coin. CTX is the world’s first Global exchange for Carbon and has now joined with the world’s leading Climate ‘Finance’ Crypto currency to create a new future for both sectors. “Who better than the Best of Breed for us to partner with into the blockchain and Crypto currency sector?” says CTX founder and CEO Wayne Sharpe.


    James Haft, CEO and Co-Founder of Climatecoin is excited, “We solve so many problems with one deal; we underwrite our currency, we help save the planet, offset our Coins carbon and electricity ‘footprint’ and we show how we lead the world even in Crypto sector”.


    By this agreement also Climatecoin will be the only cryptocurrency to be accepted as a payment in CTX global exchange platform and will be able to sell carbon credits to its current customers.


    Climatecoin will also be an Investor into many environmental business Carbon with the capital raised from its token sale.


    Token sale starts December 1st, lasts for one month. Everybody will be able to buy from website exchanging for ethers or from in bitcoin and credit card.


    Climatecoin will be listed in 2 of the biggest world exchanges Etherdelta and



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    Business Wire India

    Payza has won Star Achievers Award for E-commerce International Payment Processor presented by Star of the Industry
    Payza has won Star Achievers Award for E-commerce International Payment Processor presented by Star of the Industry

    Payza was recognized as the best international payment processor at the 2017 Super Achievers Awards in Mumbai, India. The award is a third major win for Payza this year at international events, along with wins at the MPE Awards in Berlin, Germany, and the CNP Awards in Orlando, U.S.A.
    Payza is the first online payment platform in India, capable of Inward, Outward, Domestic payments and Remittances with full support of exchanges. Payza members in India can instantly send and receive money, to and fro over 190 countries worldwide. Members can use their desktops or mobile app to send & receive money using Payza’s easy and secure services.

    Payza’s win at the 2017 Super Achievers Awards comes the same month as the company was nominated for Startup of the Year at the India FinTech Awards. The company was represented at both events by Payza India Director, Vineet Tewari.
    “It is because of the contributions of every Payza India employee that we achieved this level of recognition. I am very proud of our team for all that we have accomplished,” said Vineet Tewari.
    “Payza has many more exciting plans for India and the world, we hope to keep building on our success this year,” added Tewari. “Stay tuned for another brand-new product release: Outward Remittances. Absolutely hassle-free, seamless and completely online, a send money option across the Globe, available at one single click, one single platform, at the comfort of your home.”About Payza
    Payza is an award-winning online payment processor. The highly secure platform provides businesses around the world practical solutions for processing online payments and disbursing payouts and remittances, both in traditional currencies and Bitcoin. Payza supports 26 currencies and serves over 14 million Business and Personal members in more than 190 countries.
    Payza offers a wide range of built-in tools including: Online payment processing, online global money transfers, fraud screening, subscription billing, transaction dispute resolution, cryptocurrency exchange services, global payouts, and much more. Payza accounts can be managed through the desktop website or using the Payza App for Android and iOS.
    More information is available about Payza on its website (, Facebook, Twitter, LinkedIn, and the company's blog.

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    Business Wire India

    Mr. Kapil Wadhawan, Chairman, Wadhawan Global Capital (WGC) conferred with an Honorary Doctorate in Management by the Jagran Lakecity University, Bhopal, India
    Mr. Kapil Wadhawan, Chairman, Wadhawan Global Capital (WGC) conferred with an Honorary Doctorate in Management by the Jagran Lakecity University, Bhopal, India

    Key Highlights
    • The honour is in recognition of his single-minded focus on financial inclusion and social equality
    Mr. Kapil Wadhawan, Chairman, Wadhawan Global Capital (WGC) was conferred with an Honorary Doctorate in Management by the Jagran Lakecity University, Bhopal, India. This distinction is a recognition of Mr. Wadhawan's single-minded focus on the vision of financial and social equality advocated by his father, Late Shri Rajesh Wadhawan during his lifetime.

    The conferment of the University's highest honour took place at the convocation ceremony held at its Bhopal campus on 2nd December 2017. Shri Hari Mohan Gupta, Chairman, Jagran Social Welfare Society and Chancellor, Jagran Lakecity University, presented the degree to him.

    Commenting on the University's decision to confer the Honorary Doctorate on Mr. Wadhawan, Professor Anoop Swarup, Vice Chancellor, Jagran Lakecity University said, "The Honorary Doctorate is awarded to individuals who have made a meaningful impact through their business leadership. Mr. Wadhawan is a distinguished entrepreneur who has made an invaluable contribution towards driving financial inclusion and social equality. In the last 18 years, he has led the growth of DHFL from a monoline housing finance company to a world-class financial conglomerate that WGC is today. Further, he has guided the group to craft an enduring CSR vision that seeks to empower the marginalized through the foundation of education."

    Commenting on the occasion, Mr. Wadhawan said, "At WGC, we believe education is the key to solving the inequality gap. With this in mind, I humbly accept this distinction. This recognition is an acknowledgement of our commitment to enable empowerment and social equity through our business and community efforts. I dedicate this distinction to my father as it inspires me to pursue his mission of universal financial inclusivity with greater belief and conviction."
    Mr. Wadhawan was among a distinguished group of people who were presented Honorary Degrees by the Chancellor of the University. Addressing the congregation, Mr.Wadhawan spoke to the students about their responsibilities in the fast-changing business world. He reminded them that as citizens of the world, they need to break barriers and make rules that will help in unifying the prevailing discrimination and protectionist movement ruling global politics. Further, he underlined the opportunities for progress that an equal world presented and how the new generation should work hard to convert the ‘can’ to 'will'.About WGC (

    Wadhawan Global Capital (WGC) is one of the leading financial services group in India. WGC manages US$ 20 billion of assets through its Lending, Investment and Insurance platforms. WGC has partnered with leading financial institutions such as International Finance Corporation (IFC), Washington, Prudential Financial Inc., United States, Asian Development Bank and Korea Development Bank.

    WGC is the parent company for some of the prominent brands in India such as Dewan Housing Finance Limited (DHFL) which is a market leader with three decades of experience in financing affordable housing, Aadhar Housing Finance, Avanse Financial Services, DHFL Pramerica Life Insurance, DHFL Pramerica Asset Managers and DHFL General Insurance. The company has a London based wholly – owned subsidiary Wadhawan Global Capital (UK) Ltd.

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    Business Wire IndiaMahindra Logistics Ltd. (MLL), one of India’s largest 3PL solutions providers in the Indian logistics industry, today announced its consolidated financial results for the half year ended September 30, 2017. 

    H1 FY18 performance compared with H1 FY17

    • Revenue grows to Rs. 1,688 crore from Rs. 1,228 crore, up 37% 
    • EBITDA expands to Rs. 56 crore from Rs. 42 crore, up 35%
    • PAT increases to Rs. 29 crore from Rs. 22 crore, up 30%
    • Diluted Earnings Per Share increases to Rs. 4.09 compared to Rs. 3.23
    Business Highlights
    • MLL has reported a strong operational and financial performance in H1 FY18 on the back of new client wins and by expanding existing long-term customer relationships
    • Non-Mahindra Supply Chain revenue grows by 49%.
    Commenting on the performance, Mr. Pirojshaw Sarkari (Phil), CEO of Mahindra Logistics, said"I am delighted to present the first financial results following our successful public listing. I extend a warm welcome to all our public shareholders and look forward to their participation and support in our exciting journey of sustained progress, which we believe will create increasing long term value for all our stakeholders.

    We have reported a strong financial and operational performance in H1 FY18 on the back of new client wins and by expanding existing long-term customer relationships. Going forward, GST coupled with infrastructure status will further enable 3PL players to organize the logistics space.” 
    About Mahindra Logistics

    Mahindra Logistics Limited (MLL) is a portfolio company of Mahindra Partners, the USD 1 billion private equity division of the USD 19 billion Mahindra Group. MLL is an integrated third-party logistics (3PL) service provider, specializing in supply chain management and people transport solutions. Founded more than a decade ago, MLL serves over 300 corporate customers across various industries like Automobile, Engineering, Consumer Goods and E-commerce. The Company pursues an “asset-light” business model, providing customised and technology enabled solutions that span across the supply chain and people transport operations.

    For more information, visit

    About Mahindra Partners

    Mahindra Partners is the 1 billion USD Incubation, Private Equity & Venture Capital division of the Mahindra Group. Its mission is to accelerate value creation through a diversified global portfolio of emergent businesses. The portfolio spans across multiple industries like logistics, steel processing, renewable energy, conveyor systems, retail, infrastructure consulting and skill building, luxury boat manufacturing and media. It has recently expanded operations in U.S. by investing in the IoT and shared mobility space.

    For more information, visit

    About Mahindra

    The Mahindra Group is a USD 19 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It has a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, components, commercial vehicles, consulting services, energy, industrial equipment, logistics, real estate, steel, aerospace, defence and two wheelers. Headquartered in India, Mahindra employs over 200,000 people across 100 countries. 

    Learn more about Mahindra on / Twitter: @MahindraRise Facebook: @MahindraRise 

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    Business Wire IndiaSentiment improved in the diamond trade as expectations rose for the US and Chinese holiday seasons. Polished-diamond trading was stable in November, with jewelers filling Christmas orders.

    Trading activity was slower than previous years, and polished prices softened during the month. The RapNet Diamond Index (RAPI) for 1-carat diamonds slid 0.9% in November and has fallen 5.5% since January.

    RapNet Diamond Index (RAPI™)
    Nov. 1, 2017 - Dec. 1, 2017
    Jan. 1, 2017 - Dec. 1, 2017
    Dec. 1, 2016 - Dec. 1, 2017
    RAPI 0.30 ct.
    RAPI 0.50 ct.
    RAPI 1 ct.
    RAPI 3 ct.

    © Copyright 2017, Rapaport USA Inc.

    The Rapaport Monthly Report – December 2017 outlines three reasons diamond prices declined despite the promise of the holiday season:
    1. Trading slowed with Indian dealers on vacation, as the Diwali festival began later than usual this year;
    2. There is a high volume of goods on the market. The number of unique stones listed on RapNet was up 5% year on year, reaching 1.35 million on December 1;
    3. Demand remains selective, focusing on medium and lower qualities, with very weak demand for D- to F-color, IF- to VVS-clarity diamonds, which are an important part of RAPI.
    Manufacturers and dealers continue to carry the risk of holding the industry’s inventory, with many retailers relying on memo supplies and refusing to maintain large inventory positions. Manufacturers are being squeezed, as mining companies increased production and supply in 2017, while US jewelers have reduced their stock requirements.

    The trade is encouraged by reports of a good start to the holiday season, with strong showings in mobile sales over Thanksgiving weekend and Cyber Monday. At the same time, double-digit growth among the Hong Kong-based jewelers has fueled optimism for the Chinese New Year season.

    The industry is also benefiting from stronger generic marketing this year. Trading is expected to improve in the first quarter, when jewelers typically replenish stock after the holiday season. Effective advertising will help sustain the polished market once that restocking is complete.

    The Rapaport Monthly Report is available at

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    Business Wire India

    Moody’s Analytics has been named Technology Vendor of the Year in the 2018 Risk Awards. This award reflects how our solutions help banking and insurance professionals around the globe leverage new technologies to work more efficiently and make smarter business decisions.


    This press release features multimedia. View the full release here:


    “We’re honored to be named Technology Vendor of the Year by Risk,” said Steve Tulenko, Executive Director at Moody’s Analytics. “The transformation to a digitized world is both a great opportunity and a challenge for the industry. To support our customers, we have invested in building a technology stack that helps them modernize and lower their cost of ownership. Winning Technology Vendor of the Year validates our strategy and affirms the breadth and quality of our solutions.”


    Financial services firms are innovating to keep pace with their customers’ evolving needs. Dramatic increases in data availability and computing power have enabled firms to adopt big data technologies to gain insight into their business. Many financial firms are now leveraging cloud computing, artificial intelligence, and software as a service to serve their clients as never before. Moody’s Analytics solutions integrate the company’s deep domain expertise with new technologies that drive innovation in our markets.


    Moody’s Analytics also won four categories in the Market Technology Awards: Solvency II Product of the Year, Economic Scenario Generation Product of the Year, Regulatory Reporting Product of the Year (Insurance), and Stress Testing Product of the Year.


    Click here to learn how Moody’s Analytics solutions can help your organization.


    About Moody’s Analytics


    Moody’s Analytics helps capital markets and risk management professionals worldwide respond to an evolving marketplace with confidence. The company offers unique tools and best practices for measuring and managing risk through expertise and experience in credit analysis, economic research, and financial risk management. By providing leading-edge software, advisory services, and research, including the proprietary analysis of Moody’s Investors Service, Moody’s Analytics integrates and customizes its offerings to address specific business challenges. Moody's Analytics is a subsidiary of Moody's Corporation (NYSE:MCO), which reported revenue of $3.6 billion in 2016, employs approximately 11,700 people worldwide and maintains a presence in 41 countries. Further information is available at





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