IT firm Virtusa to set up five Centres of Excellence

Global IT services company Virtusa today said it will set up five Centres of Excellence (COEs) in India in partnership with technical institutes.
The initiative aims to train students in Business Process Management (BPM) tools at the engineering college level and make them employable for requirements of the industry, the company said.
Virtusa has partnered with CVR College of Engineering, Dr BV Raju Institute of Technology (both in Hyderabad), Maharaja Vijayaram Gajapathi Raj College of Engineering, Vizianagaram, Vishnu Institute of Technology, Bhimavaram and Chennai Institute of Technology to establish the COEs.
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Syndicate Bank raises redeemable NCBs for Rs 750 cr * Public sector Syndicate Bank today said it has raised unsecured redeemable non-convertible Basel III Compliant Tier II bonds in the nature of debentures aggregating to Rs 750 crore.

"Syndicate Bank has raised unsecured non-convertible redeemable 10-year Basel-III compliant Tier-II bonds of Rs 750 crore at 8.95 per cent on a private placement basis," the Bank said in a statement.

It said this issue closed on December 1, 2014. This bond was assigned AA+ rating both by ICAR and CARE.
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Monster.Com launches tools to find better jobs, talent online * Online and career recruitment solutions provider Monster.Com India has launched new features that would empower job seekers and recruiters to identify the best opportunities and connect on the go.
The company has launched the Monster Mobile App, its Professional Networking feature and Monster Analytics, wherein employers can seek talent more effectively.