Business Featured Latest news

RBI To Launch Retail Digital Rupee On December 1 On Pilot Basis

Ut World November 29, 2022 0

The retail digital rupee will be introduced on December 1, 2022, as the Reserve Bank of India (RBI) said today. Eight banks have been chosen by the central bank to take part in this trial in stages. A digital token that stands in for legal cash will be used to represent the retail digital Continue Reading

Business Featured Latest News

Metaverse In Race To Become 2022’s Oxford Word Of The Year

Ut World November 28, 2022 0

With “Metaverse” being a finalist for the Oxford Word of the Year 2022, voters can now choose their favourite word for the first time. On December 2, voting will end, and on December 5, the results will be made public. The Metaverse is a “virtual reality environment in which users can interact with one another’s avatar […]Continue Reading

Business Featured Latest News

In Talks To Sell Bisleri, Including With Tata Group: Chairman R Chauhan

Ut World November 24, 2022 0

Ramesh Chauhan, a seasoned businessman, revealed on Thursday that he is looking for a buyer for his packaged water company Bisleri International and is in talks with a number of parties, including Tata Consumer Products Ltd. A 7,000 crore contract with Tata Consumer Products Ltd.(TCPL), according to a report, was refuted by the 82-year-old pioneer […]Continue Reading

Business Featured Latest News

Health is a priority at Aries Group; 400 Employees of the group participate in Dubai run 2022

Ut World November 23, 2022 0

As part of its Happiness initiative, employees of Aries Group, the largest multinational consortium in the Middle East, participated in the Dubai run 2022 on 20 November. Now in its sixth year, Dubai Fitness Challenge puts forward a simple goal: complete 30 minutes of activity each day for 30 days. Sir Sohan Roy, the founder […]Continue Reading

Business Featured Latest News

Jio Gets Company Tribunal’s Approval To Acquire Reliance Infratel

Ut World November 21, 2022 0

Today, Jio received authorisation from the National Company Law Tribunal (NCLT) to purchase Reliance Infratel (RITL). For the purpose of completing the purchase of RCOM’s tower and fibre assets, the tribunal ordered Jio to deposit 3,720 crore into an escrow account at the State Bank of India (SBI). Jio has suggested putting $3,720 crore in […]Continue Reading

Business Featured Latest News

Rupee Falls 16 Paise To 81.85 As Dollar Rises On Global Gloom

Ut World November 21, 2022 0

A increase in instances in China that pushed for stronger controls there caused investor sentiment to decline globally on Monday, hurting the rupee’s chances of an early lifting of curbs as the currency surged broadly. The rupee was last trading at 81.8475 per dollar, down from its previous closing of 81.6875 on Friday, according to […]Continue Reading

Business Featured Latest News

Zomato Cuts Workforce Up To 3% In Performance-Based Churn

Ut World November 19, 2022 0

According to a corporate representative who talked to NDTV, Zomato, a food ordering service, has reduced its personnel by up to 3% as part of ongoing performance-based layoffs. The representative stated, “There has been a routine performance-based churn of under 3% of our personnel; there is nothing more to it. According to a person with […]Continue Reading

Business Featured

The Not-So-United Kingdom

Ut World November 14, 2022 0

Article By V P Nandakumar MD & CEO Manappuram Finance Ltd   The socio-economic situation in the United Kingdom seems to be going from bad to worse to calamity. The wounds of Brexit were still raw when Covid-19 happened and the country suffered an economic slump, the kind of which has not been seen in […]Continue Reading

Business Featured Latest News

Gautam Adani Bounces Back To 3 On Forbes Rich List, Overtakes Jeff Bezos Again

Ut World October 31, 2022 0

Gautam Adani’s wealth increased after Indian stocks gained for two weeks in a row and outpaced Wall Street shares. As a result, he now occupies the third position on Forbes’ Real-Time Billionaires List, surpassing Amazon founder Jeff Bezos once more. Gautam Adani’s wealth increased by $314 million on Monday, bringing it to $131.9 billion, making […]Continue Reading

Business Featured Latest News

Dr Ajit Ravi’s Initiative Behind FICF: Forum for Business Tycoons and Entrepreneurs

Ut World October 30, 2022 0

Pegasus was established in the year 2000 in Kerala, India and is into organizing events. Pegasus had conducted nearly 2315 events under their name and Dr Ajit Ravi Pegasus is the brain behind all the renowned titles. The events organised by them are International Fashion Fest, Celebrity Cricket Tournament, Minnalai Film Media Business Award, MBA […]Continue Reading