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Argentina Accuses P&G of Fraud, Suspends its Operations

Argentina Accuses P&G of Fraud, Suspends its Operations

By Narayan Ammachchi The Argentine government has accused Procter & Gamble of tax fraud and ordered the U.S. consumer giant to suspend its operations in the country immediately. According to Argentina’s Federal Tax Administration, Procter & Gamble deliberately inflated the price ...

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Argentina Set to Pass Telecommunications Reforms

Argentina Set to Pass Telecommunications Reforms

By Narayan Ammachchi Argentina looks set to reform its telecom industry, which is struggling with a lack of foreign investment and slowing broadband penetration. The national Congress is debating a new telecom bill designed to allow carriers to offer bundled services. ...

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Technisys Raises $13 Million From Global Venture Funds

Technisys Raises $13 Million From Global Venture Funds

By Narayan Ammachchi Argentine banking software maker Technisys  has raised US$13 million in series B funding. The financing included investments from Intel Capital, Alta Ventures, KaSZeK Ventures, Endeavor Catalyst and Holdinvest. The Miami, Florida-based firm stated that it would use ...

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