Intellect Design Arena has launched PF Credit specifically designed for the Philippines, after the global launch of PF Credit. This specialised suite of Digital Experts, built on Intellect’s enterprise-grade Open Business Impact AI platform Purple Fabric (PF), is designed to revolutionise the speed, accuracy, and compliance of lending operations for Philippine banks. PF Credit directly addresses the pressing need for faster, more inclusive digital lending by leveraging advanced Large Language Models (LLMs) and deep domain intelligence tailored to the Philippine market.
Newgen Software Technologies’ wholly owned subsidiary-- Newgen Software Technologies Pte. incorporated in Singapore, has accepted a Letter of Award (LOA) from a leading Bank in Malaysia for providing end-to-end project management services in relation to Enterprise Content Management System (ECM). The aggregate value of the aforesaid Award is RM 6,465,400.80 (i.e. Rs 13.96 crore).
Global Health (Medanta) has formally launched its new state-of-the-art 550-bed super speciality hospital in Noida, marking a major expansion of its presence in the National Capital Region and Uttar Pradesh. Strategically located in Sector 50, Noida and boasting direct connectivity with the Metro network, the new hospital is well positioned to serve patients across Delhi-NCR and the underserved regions of Western Uttar Pradesh. It will deliver comprehensive tertiary and quaternary care across 25+ super specialities including Cardiology, Oncology, Neurosciences, Gastroenterology, and Orthopaedics, among others.
Lemon Tree Hotels has signed two new properties - Lemon Tree Hotel, Surat Airport and Keys Prima by Lemon Tree Hotels, Haridwar. Lemon Tree Hotel, Surat Airport, shall be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels, while Keys Prima by Lemon Tree Hotels, Haridwar, will be franchised under Lemon Tree Hotels. The two properties will further strengthen the company’s presence in Gujarat and Uttarakhand while catering to both business and leisure travellers with a fresh, vibrant, and value-driven experience.
Oriental Rail Infrastructure’s wholly owned subsidiary-- Oriental Foundry has secured order worth around Rs 2.55 crore for manufacture and supply of 762 quantity of Coupler Body with Shank Wear Plate for wagons against North Western Railway’s E-Tender invited from North Western Railways.
Tamilnad Mercantile Bank (TMB) has rolled out its New Loan Origination System (LOS) and inaugurated new premises for its first Credit Management Centre (CMC) in Thoothukudi to strengthen its lending operations and significantly reduce loan approval Turn Around Time (TAT). This new technology is aimed at bringing greater speed, accuracy and standardisation across the Bank’s loan processing workflow. In this technology collaboration, the Bank has partnered with ‘Nucleus Software’ based at Noida.
In an era where digital transformation is rapidly reshaping the landscape of vocational and technical education, VTCT Skills has embraced innovation by partnering with Excelsoft Technologies to deliver its next-generation e-Testing platform. This strategic partnership underscores VTCT Skills commitment to staying ahead of the curve by adopting scalable, accessible, and AI-powered solutions that cater to the evolving needs of learners, training providers and the employers/industries they serve. Following a comprehensive evaluation process, VTCT Skills awarded the contract to Excelsoft Technologies to deliver 300,000 exams per year. Excelsoft stood out for its proven track record in delivering rapid, customised implementations for Assessment Organisations (AOs), and for the advanced configurability of its Saras platform.
