Radha Rama Dorai, Managing Director – ATM and Allied Services, FIS

“ATM numbers have not been growing over the past one year. This is not a good situation, especially when the debit card issuance numbers are going up month on month and DBT dispensations are growing. The DBT beneficiaries need ATMs to withdraw the amounts so given by the Government. Some banks have initiated the process of upgrading their ATMs and reimbursing their service providers for the increased costs, while others are shutting down ATMs that are not profitable. Upgrading the ATMs for compliance is a long drawn out and logistically challenging process and one cannot expect full compliance across all the ATMs of the country, even by the end of this year. Various representations made by industry bodies to the Regulator and the Government for deferment or relaxation of deadlines, have not yielded substantive results so far.”

Fabindia launches Experience Center in Mumbai

The Wellness Center promotes healthy conscious living and encourages customers to interact with trained consultants on various aspects of health, lifestyle and well-being.The Fabindia Experience Center also offers an Interior Design Studio (IDS) a one-stop design solution to help create memorable spaces.

This is Fabindia’s second Experience Center in Mumbai and tenth in the country.

Upsouth expands presence in Pune

Quick Serving Restaurant chain Upsouth launched its seventh restaurant in Pune at Chandani Chowk. The company also announced its plans to foray into Gujarat soon and will open its first restaurant in Ahmedabad to begin with.

Capacit’e Infraprojects bags INR 483 crore order from MCGM

Capacit’e Infraprojects Limited has received contract worth of INR 483.81 Crore for proposed redevelopment of Harilal Bhagwati Municipal General Hospital at Borivali (W),Mumbai, from Municipal Corporation of Greater Mumbai, Health Infrastructure Cell.

Commenting on the same, Mr. Rahul Katyal, Managing Director said, “We are delighted to add order from Municipal Corporation of Greater Mumbai to our clientele. We remain more confident of delivering this project within the stipulated timelines and to client satisfaction. At Capacit’e, it is our

continuous endeavor to add quality orders from existing and new clients and we are confident on the growing execution capabilities of the Company”

Trend Micro launches MDR services in India

Trend Micro announced the availability of managed detection and response (MDR) services in India, an outsourced service to enterprises looking to deepen their threat-hunting and investigation capabilities. Addressing the shortage of cybersecurity professionals in the country, MDR augments a company’s existing security team by providing external expertise and resources to proactively hunt for stealthy threats in an IT environment. By uncovering and stopping such threats early, organizations can potentially avert data breaches.

Jet Airways on Women’s Day

Jet Airways will operate four domestic flights with all-women Cockpit and Cabin Crew members on occasion of Women’s Day and as part of its special in-flight fundraising drive, the airline is supporting the work of two leading NGOs – Mijwan Welfare Society and Save the Children India’s – Women’s Institute for Social Education working on women’s issues.

GoAir #Smartwoman campaign

GoAir to complimentary upgrade woman travellers to business class on March 08th to celebrate Woman’s Day across all its network on availability as well as first-come-first serve basis.

Jet offers unlimited waiver for IAF

Jet Airways is offering unlimited waivers on reissue/ refund penalties for the Indian Armed Forces, for flights within India with immediate effect. This would be applicable on all date, flight and rerouting changes, including fare difference, until further notice.