Latest news with #BCD
Malaysian Reserve
17-07-2025
- Business
- Malaysian Reserve
Aprecomm Accelerates Beyond 50 Service Provider Customers with Further Expansion in Latin America
Aprecomm continues to gain momentum in Latin America by adding three new customers—BCD, IABOT, and Ingenio Networks—and now has over 50 broadband service provider partners that depend on its CPE management and customer experience software. BANGALORE, India, July 17, 2025 /PRNewswire/ — Today, Aprecomm, the intuitive, self-healing network and customer experience platform provider, announced that it has surpassed a significant milestone of 50 customers, adding Latin American managed service providers BCD, IABOT, and Ingenio Networks to its rapidly growing global customer base. BCD will implement Aprecomm's entire range of solutions, including WiFi optimization software, across its broadband services network and resell these services to providers throughout Latin America. Aprecomm's software will be fully integrated into BCD's gateways, supplied by Pulse Networks, and deployed to customers by the end of the year. 'We're excited to deploy Aprecomm's solution and immediately enhance our approach to customer support and experience through the power of AI,' said Nicolas Molinari, Director of Sales and Marketing at BCD. 'We are in an era where customers prioritize performance and service reliability over price, and we must embrace the latest technology to enable our service provider partners to fulfil their promise of an exceptional customer experience.' Thanks to Aprecomm's ease of integration, which significantly reduces time-to-market, IABOT—a provider of AI customer care automation services in Colombia—will implement Aprecomm's cloud-based customer service solutions in the third quarter of this year. 'We chose Aprecomm's AI tools to help our customers improve user experience and increase the efficiency of their technical support teams by automating key processes,' said Ronal Jamid Bohorquez, CEO & Founder of IABOT. 'A single dashboard offers complete network visibility, access to real-time data and analytics, and the ability to detect and resolve issues proactively—now we can provide a more agile, accurate, and memorable support experience.' 'We are excited to share these new customer wins as we reach a significant milestone of over 50 global service provider partners,' said Pramod Gummaraj, Founder & CEO, Aprecomm. 'In the 12 months since launching our customer experience solutions worldwide, we have formed partnerships with major tech companies including Nokia, Qualcomm, and Edgecore Networks, along with gaining numerous new customers; the additions of BCD, IABOT, and Ingenio Networks create further momentum for our company in Latin America as we continue our rapid growth.' Aprecomm's CX suite serves both residential and business subscribers, helping broadband service providers (BSPs) enhance their connectivity strategies. By leveraging advanced artificial intelligence and exclusive quality of experience algorithms, Aprecomm is leading the way toward zero-touch networks. Aprecomm adopts a self-healing approach to managed WiFi, adjusting the network to accommodate the unique needs of each user and the performance of every application. Advanced analytics and automated support tools provide access to invaluable customer insight and data, enabling service providers to monitor end-to-end network performance in real-time. Aprecomm's CX suite is field-proven[1] to enhance subscriber satisfaction and reduce operational costs. Aprecomm recently secured Frost & Sullivan's Best Practices Award for Innovation. Learn more here. Aprecomm harnesses the power of AI to provide a unique applications suite that enables service providers to create self-optimizing and self-healing broadband networks. Our quality-of-experience engine monitors and optimizes WiFi performance to ensure consumers enjoy the best possible internet experience. At the same time, our cloud-based support applications leverage real-time data to predict and resolve customer service issues before they happen, saving providers time and money. Aprecomm manages over 7 million home and business locations, partnering with more than 50 service providers worldwide. We're making intuitive, self-healing networks a reality. Follow Aprecomm on LinkedIn here. #IntuitiveNetworks #BringingJoyOnline #WiFiThatWorks Visit to discover more. Press contact: [email protected] [1] Excitel case study Logo – View original content:
Yahoo
17-07-2025
- Business
- Yahoo
Aprecomm Accelerates Beyond 50 Service Provider Customers with Further Expansion in Latin America
Aprecomm continues to gain momentum in Latin America by adding three new customers—BCD, IABOT, and Ingenio Networks—and now has over 50 broadband service provider partners that depend on its CPE management and customer experience software. BANGALORE, India, July 17, 2025 /PRNewswire/ -- Today, Aprecomm, the intuitive, self-healing network and customer experience platform provider, announced that it has surpassed a significant milestone of 50 customers, adding Latin American managed service providers BCD, IABOT, and Ingenio Networks to its rapidly growing global customer base. BCD will implement Aprecomm's entire range of solutions, including WiFi optimization software, across its broadband services network and resell these services to providers throughout Latin America. Aprecomm's software will be fully integrated into BCD's gateways, supplied by Pulse Networks, and deployed to customers by the end of the year. "We're excited to deploy Aprecomm's solution and immediately enhance our approach to customer support and experience through the power of AI," said Nicolas Molinari, Director of Sales and Marketing at BCD. "We are in an era where customers prioritize performance and service reliability over price, and we must embrace the latest technology to enable our service provider partners to fulfil their promise of an exceptional customer experience." Thanks to Aprecomm's ease of integration, which significantly reduces time-to-market, IABOT—a provider of AI customer care automation services in Colombia—will implement Aprecomm's cloud-based customer service solutions in the third quarter of this year. "We chose Aprecomm's AI tools to help our customers improve user experience and increase the efficiency of their technical support teams by automating key processes," said Ronal Jamid Bohorquez, CEO & Founder of IABOT. "A single dashboard offers complete network visibility, access to real-time data and analytics, and the ability to detect and resolve issues proactively—now we can provide a more agile, accurate, and memorable support experience." "We are excited to share these new customer wins as we reach a significant milestone of over 50 global service provider partners," said Pramod Gummaraj, Founder & CEO, Aprecomm. "In the 12 months since launching our customer experience solutions worldwide, we have formed partnerships with major tech companies including Nokia, Qualcomm, and Edgecore Networks, along with gaining numerous new customers; the additions of BCD, IABOT, and Ingenio Networks create further momentum for our company in Latin America as we continue our rapid growth." Aprecomm's CX suite serves both residential and business subscribers, helping broadband service providers (BSPs) enhance their connectivity strategies. By leveraging advanced artificial intelligence and exclusive quality of experience algorithms, Aprecomm is leading the way toward zero-touch networks. Aprecomm adopts a self-healing approach to managed WiFi, adjusting the network to accommodate the unique needs of each user and the performance of every application. Advanced analytics and automated support tools provide access to invaluable customer insight and data, enabling service providers to monitor end-to-end network performance in real-time. Aprecomm's CX suite is field-proven[1] to enhance subscriber satisfaction and reduce operational costs. Aprecomm recently secured Frost & Sullivan's Best Practices Award for Innovation. Learn more here. Aprecomm harnesses the power of AI to provide a unique applications suite that enables service providers to create self-optimizing and self-healing broadband networks. Our quality-of-experience engine monitors and optimizes WiFi performance to ensure consumers enjoy the best possible internet experience. At the same time, our cloud-based support applications leverage real-time data to predict and resolve customer service issues before they happen, saving providers time and money. Aprecomm manages over 7 million home and business locations, partnering with more than 50 service providers worldwide. We're making intuitive, self-healing networks a reality. Follow Aprecomm on LinkedIn here. #IntuitiveNetworks #BringingJoyOnline #WiFiThatWorks Visit to discover more. Press contact: corporatecomms@ [1] Excitel case study Logo - View original content to download multimedia: SOURCE Aprecomm Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Mint
14-07-2025
- Business
- Mint
Indias vegetable oil imports flat in June despite tariff cut boost to crude oils
New Delhi, Jul 14 (PTI) India's vegetable oil imports remained flat at 15.49 lakh tonnes in June compared to the same month last year, even as shipments of crude edible oils surged more than 25 per cent, industry body Solvent Extractors Association (SEA) said on Monday. The rise in crude oil shipments came after the government reduced the Basic Customs Duty (BCD) on crude edible oils, including crude palm oil, crude soybean oil, and crude sunflower oil, to 10 per cent from 20 per cent, effective May 31. Total vegetable oils, comprising both edible and non-edible oils, stood at 15.50 lakh tonnes in June 2024. In the edible oil category, barring crude sunflower oils, imports of other crude edible oil variants rose 25.64 per cent to 11.51 lakh tonnes in June from 9.16 lakh tonnes a year earlier. However, crude sunflower oil shipments declined 53.58 per cent to 2.61 lakh tonnes in June from the year-ago period. According to SEA data, crude palm oil (CPO) imports rose 23.55 per cent to 7.88 lakh tonnes in June from 6.37 lakh tonnes a year earlier, while crude soybean oil imports increased 30.39 per cent to 3.59 lakh tonnes from 2.75 lakh tonnes. Crude Palm Kernel Oil (CPKO) imports rose 33.33 per cent to 4,000 tonnes in June from 3,000 tonnes in the year-ago period. Total imports of crude edible oils (CPO, CPKO, crude sunflower and crude soybean oils) stood at 11.51 lakh tonnes in June. Among refined edible oils, RBD palmolein imports rose to 1.63 lakh tonnes in June against 1.45 lakh tonnes a year earlier. Non-edible oil imports fell to 18,497 tonnes in June from 23,178 tonnes in June 2024. SEA said agencies, including NAFED, HAFED and NCDEX, are currently holding approximately 14 lakh tonnes of soybean and a similar quantity of rapeseed. "In view of the rising prices of edible oils, the Government of India may consider releasing a substantial quantity of these stocks into the market over the next three months, ahead of the upcoming harvest," SEA said. With the kharif soybean crop harvest expected in just two and a half months, early liquidation of these stocks will help stabilise prices during the festive season, the industry body added. "Timely action will not only benefit consumers but also ease the financial and logistical burden on government agencies, while supporting overall domestic availability of edible oils," SEA said. India, the world's largest edible oil consumer and importer, had edible oil stocks of 15.68 lakh tonnes as of July. In the first eight months of the oil year 2024-25 (November 2024-June 2025), total vegetable oil imports reached 94.34 lakh tonnes, down 8 per cent from 102.29 lakh tonnes in the same period last year.
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Business Standard
14-07-2025
- Business
- Business Standard
Vegetable oil imports flat in June despite tariff cut boost to crude oils
India's vegetable oil imports remained flat at 1.54 million tonnes in June compared to the same month last year, even as shipments of crude edible oils surged more than 25 per cent, industry body Solvent Extractors Association (SEA) said on Monday. The rise in crude oil shipments came after the government reduced the Basic Customs Duty (BCD) on crude edible oils, including crude palm oil, crude soybean oil, and crude sunflower oil, to 10 per cent from 20 per cent, effective May 31. Total vegetable oils, comprising both edible and non-edible oils, stood at 1.55 million tonnes in June 2024. In the edible oil category, barring crude sunflower oils, imports of other crude edible oil variants rose 25.64 per cent to 1.15 million tonnes in June from 916,000 tonnes a year earlier. However, crude sunflower oil shipments declined 53.58 per cent to 261,000 tonnes in June from the year-ago period. According to SEA data, crude palm oil (CPO) imports rose 23.55 per cent to 788,000 tonnes in June from 637,000 tonnes a year earlier, while crude soybean oil imports increased 30.39 per cent to 359,000 tonnes from 275,000 tonnes. Crude Palm Kernel Oil (CPKO) imports rose 33.33 per cent to 4,000 tonnes in June from 3,000 tonnes in the year-ago period. Total imports of crude edible oils (CPO, CPKO, crude sunflower and crude soybean oils) stood at 1.15 million tonnes in June. Among refined edible oils, RBD palmolein imports rose to 163,000 tonnes in June against 1.45 lakh tonnes a year earlier. Non-edible oil imports fell to 18,497 tonnes in June from 23,178 tonnes in June 2024. SEA said agencies, including NAFED, HAFED and NCDEX, are currently holding approximately 1.4 million tonnes of soybean and a similar quantity of rapeseed. "In view of the rising prices of edible oils, the Government of India may consider releasing a substantial quantity of these stocks into the market over the next three months, ahead of the upcoming harvest," SEA said. With the kharif soybean crop harvest expected in just two and a half months, early liquidation of these stocks will help stabilise prices during the festive season, the industry body added. "Timely action will not only benefit consumers but also ease the financial and logistical burden on government agencies, while supporting overall domestic availability of edible oils," SEA said. India, the world's largest edible oil consumer and importer, had edible oil stocks of 1.56 million tonnes as of July. In the first eight months of the oil year 2024-25 (November 2024-June 2025), total vegetable oil imports reached 9.43 million tonnes, down 8 per cent from 10.22 million tonnes in the same period last year. Indonesia and Malaysia are the major palm oil suppliers to India, while Argentina, Brazil and Russia supply soybean oil. Russia and Ukraine are the main suppliers of sunflower oil. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Mint
14-07-2025
- Business
- Mint
SC dismisses retrospective integrated GST demand on aircraft repairs abroad
New Delhi: In a relief for airlines such as IndiGo and SpiceJet, the Supreme Court on Monday dismissed a plea by the customs department seeking to impose integrated goods and services tax (IGST) on re-imported aircraft and parts sent overseas for repairs. The tax demand was based on a 2021 government notification that sought to clarify and retrospectively amend a 2017 exemption. Under the original 2017 notification, airlines were required to pay only basic customs duty (BCD) on the cost of repairs, freight, and insurance when re-importing aircraft parts after overseas maintenance. In 2021, the government clarified that IGST was also applicable on the repair value and freight—and attempted to apply this retrospectively to past imports. A bench comprising Justices B.V. Nagarathna and K.V. Viswanathan on Monday refused to admit the customs department's appeal against an 5 August 2024, ruling by the Customs, Excise & Service Tax Appellate Tribunal (CESTAT). The tribunal had rejected the retrospective tax demand, holding that it would place an additional burden on airlines. 'I do not have a problem in dismissing…Civil appeal dismissed,' the bench said. During the hearing, additional solicitor general (ASG) N. Venkataraman, appearing for the customs department, argued that nearly ₹ 100 crore in tax revenue was at stake. 'This is high tax, ₹ 100 crore…I need this appeal to be admitted,' he said. The ASG also submitted that the interpretation of the 2017 notification is already under challenge before the Supreme Court. He contended that even if the 2021 clarification is struck down for being retrospective, IGST could still be imposed based on the 2017 notification, which he argued already included such a tax under the phrase 'duties of customs.' 'If we succeed on the interpretation of the 2017 notification, then these 1,800 bills of entry will automatically be covered. Even if the 2021 notification is struck down for being retrospective, our case survives because duties of customs under the 2017 notification include IGST. All I am requesting is that if we win on the 2017 notification, the benefit of that ruling should apply to these bills as well,' he added. The court, however, rejected the argument, observing: 'You can't do it by a retrospective amendment…If the 2017 notification did not cover IGST, you cannot use the 2021 notification to impose it retrospectively.' The '1,800 bills' refer to bills of entry—import declarations filed by airlines with Customs for each shipment of aircraft parts or aircraft re-imported after repairs abroad. As of July 2024, India imposes a uniform IGST rate of 5% on all imports of aircraft components, engine parts, and MRO (maintenance, repair and overhaul) items, as part of efforts to promote the aviation sector. The dispute originated after the rollout of goods and services tax (GST) on 1 July 2017. Prior to GST, airlines sending aircraft parts or engines abroad for repairs paid BCD and countervailing duty (CVD) only on the cost of repairs, freight, and insurance—not on the full value of the parts. Post-GST, Notification No. 45/2017-Customs (dated 30 June 2017) continued this exemption structure. It required payment of 'duty of customs' on the cost of repairs plus insurance and freight, but did not mention IGST. Airlines such as IndiGo and SpiceJet interpreted this as an exemption from IGST, paying only BCD. Customs authorities, however, argued that 'duty of customs' included IGST under the GST regime, and began raising demands for IGST payment on such re-imports from August 2017 onwards. Airlines challenged these demands before CESTAT. In November 2020, CESTAT ruled in favour of the airlines, holding that IGST was not payable under the 2017 notification since it was not explicitly included. The government then challenged this ruling in the Supreme Court, which admitted the customs department's appeal. That case remains pending. After the Supreme Court admitted the customs department's appeal, the government issued Notification No. 36/2021-Customs on 19 July 2021, amending the earlier notification to specifically include IGST and compensation cess, and inserting an explanation that this was always intended to apply. Customs then attempted to levy IGST retrospectively for the period from 1 July 2017 to 18 July 2021 based on this amendment. This move was again challenged by airlines before CESTAT, which in August 2024 ruled in their favour and struck down the retrospective tax demand. That CESTAT ruling was the subject of Monday's dismissal by the Supreme Court. Separately, IndiGo has also challenged the constitutionality of the 2021 notification itself before the Delhi High Court. On 4 March 2025, the high court ruled in favour of the airline, declaring unconstitutional a portion of the 2021 notification that sought to impose IGST and cess on the repair cost of goods re-imported into India after overseas maintenance. That ruling has not yet been challenged by Customs in the Supreme Court.
