Cast Software eyes $9 million revenue from India in 2018

Cast provides software intelligence to IT companies for measuring their software structural quality and uses system-level analysis to detect the dangerous structural software flaws.

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In March, the Reserve Bank of India ordered a comprehensive audit of the company#39;s IT systems, citing "material" supervisory concerns, without elaborating further, and barring it from taking on new customers.

India imposed an export tax of 15% on eight steel products late on Saturday, at a time steelmakers are looking to make up for tepid local demand by increasing market share in Europe, whose supplies have been hit by Russia#39;s invasion of Ukraine.

General Atlantic is in early-stage investment talks with about 15 companies in sectors including technology, financial services, retail and consumer, Sandeep Naik, the head of its business in India and Southeast Asia, said in an interview.

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