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Mumbai: The Hong Kong-based RYTHM rpt RYTHM Foundation today strengthened its partnership with Cancer Patients Aid Association (CPAA) by committing USD 1 million to help treat cancer patients in the country.

"We are committing to allocate USD 1 million over the next three-five years towards community well being projects in India through active participation in the 'Swastha Bharat Abhiyaan' programme," RYTHM Foundation trustee Richard E Zinkiewicz said.

A series of community well-being initiatives have already been implemented through QNet in Karnataka, Tamilnadu and Telangana, he added.

The CPAA is a non-profit organisation dedicated to the total management of cancer as a disease for last 48 years. Last September, the foundation had announced partnership with the NGO's adopt-a-cancer patient scheme under which it is funding treatment of 20 poor children suffering from cancer. ---------------------------------------------------------- Yes Bank to install water purifiers at 360 WesternRly stations

Mid-size private sector lender Yes Bank today signed an agreement with the Western Railway to install water purification systems at 360 smaller stations on the network.

The installations will be done at 'D' and 'E' category railway stations in Maharashtra, Madhya Pradesh and Gujarat and is part of a project to provide drinking water at 1,000 railway stations by 2019, a Yes Bank statement said.

It has already set up similar facilities at 276 railway stations on the Konkan Railway and Central Railway in Maharashtra and Goa in the last two years. -------------------------------------------------------------- Excellon Software ties up with Microsoft

Midsize IT firm Excellon Software today tied up with Microsoft to help enterprises comply with the newly introduced goods and services tax.

It is a cloud-based solution hosted on Microsoft Azure and offers GST automation and compliance platform with support services, a company statement said.

"As a GST Suvidha Provider we will provide innovative methods to tax payers in interacting with the GST Systems for an end-to-end compliance," the company's co-founder Vinod Tambi said.

------------------------------------------------------------ Devesh Sachdev of Fusion Microfinance is MFIN veep

Mumbai: The Microfinance Institutions Network (MFIN) today elected Devesh Sachdev,CEO of Fusion Microfinance, as its new vice-president.

"I am grateful to the Board and to my co-members for entrusting me with this important responsibility during these challenging times," Sachdev said in a statement.

Rakesh Dubey, CEO, SVCL will continue as the president of the MFIN.

-------------------------------------------------------------- Bharat Financial enters 2-wheeler, home improvement loans

Hyderabad: As part of its business diversification strategy, Bharat Financial Inclusion (formerly SKS Microfinance) is planning to rollout twowheeler loans and home improvement loans to its existing borrowers.

Two-wheeler loans will be given those borrowers who have been with it for a minimum two years, and the ticket size will range from Rs 33,000 to Rs 42,915, according to its annual report.

The company also plans to enter home improvement loans as well.

As of March 2017, the company had 6.7 million members (excluding Andhra and Telangana) including 5.32 million borrowers with a gross loan portfolio of Rs 9,149.6 crore and 1,399 branches.

Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI