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MANAPPURAM’S MSME AND OTHER VERTICALS’ LOANS

Ut World March 30, 2022 0

  Article By V.P. Nandakumar MD & CEO of Manappuram Finance Ltd. A business of Rs.800 crore built from scratch in 3 years On 14 February 2022, Manappuram Finance Limited published its results for the 3rd quarter ending December 2021. The key takeaway was that despite the impact of the Continue Reading

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As Covid Curbs Ease, Indians Splurge On Business Class, 5-Star Hotels

Ut World March 29, 2022 0

According to India’s second-largest online travel agency, Indians are holidaying lavishly now, spending more on five-star hotels and booking business-class seats as the country recovers from the coronavirus pandemic that halted travel for two years. In an interview with Bloomberg Television on Monday, Prashant Pitti, a co-founder of EaseMyTrip, said, “People Continue Reading

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From 2023, India will build nuclear power plants in “fleet mode”

Ut World March 27, 2022 0

India plans to start construction on ten ‘fleet mode’ nuclear reactors over the next three years, with the first pour of concrete for a 700 MW atomic power plant in Karnataka’s Kaiga scheduled for 2023. From the pre-project stage, which includes excavation activities at the project site, the first pour of concrete (FPC) signals the […]Continue Reading

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India signs an agreement to establish a WHO Global Centre for Traditional Medicine

Ut World March 26, 2022 0

The World Health Organization (WHO) and the Indian government agreed to establish a WHO Global Centre for Traditional Medicine in Jamnagar, Gujarat, on Friday. The Indian government has invested USD 250 million in the centre, which aims to create a solid evidence base for policies and standards on traditional medical practises and products. Evidence and […]Continue Reading

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The First Indian Husband and Wife to Have Their Own Unicorn

Ut World March 23, 2022 0

A husband and wife team became the country’s first husband and wife to build their respective startups into unicorns with a $1 billion valuation. Oxyzo Financial Services, a digital lending company co-founded by Ruchi Kalra, announced on Wednesday that it had raised $200 million in its first round of funding, led by Alpha Wave Global, […]Continue Reading

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Baba Ramdev: Ruchi Soya and Patanjali will become global brands

Ut World March 21, 2022 0

Ruchi Soya Industries, a Patanjali Group subsidiary, has set a price range of Rs 615 to Rs 650 per share for its follow-on public offering, which will begin on March 24. The offering consists of a new issuance of equity shares for a total amount of Rs 4,300 crore. The proceeds of the offer will […]Continue Reading

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Travel: As India Inc opens its doors to the world, business travel takes off

Ut World March 19, 2022 0

Business travel is picking up again, thanks to a two-year low in Covid-19 cases and companies gradually reopening offices, but India Inc is still playing it safe. Many companies, including ITC, the RPG Group, KPMG, Mphasis, Panasonic, Dabur, UpGrad, and Mercedes-Benz India, have resumed business travel, but only when absolutely necessary and with stringent safety […]Continue Reading

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Hyderabad will host Microsoft’s largest data centre in India

Ut World March 8, 2022 0

Microsoft announced that it would build its largest data centre in India in Hyderabad, in collaboration with the Telangana government. The multinational corporation will invest Rs 15,000 crore in the new data centre region in Hyderabad over the next 15 years, which will be spread across three sites: Chandanvelly, Ellikatta, and Kottur. Telangana IT and […]Continue Reading

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PVR and Cinepolis India are in talks to merge for Rs 13,600 crore

Ut World March 7, 2022 0

According to four sources a deal is being worked out, the parent company of the country’s largest multiplex chain, PVR Limited, is in talks to strike a Rs 13,600-crore merger deal with rival and third largest movie theatre chain Cinepolis India. Cinepolis India will be valued between Rs 4,000 and Rs 5,000 crore. PVR Limited […]Continue Reading

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Anand Subramanian Former NSE Executive and Advisor to Chitra Ramkrishna Arrested

Ut World February 25, 2022 0

The Central Bureau of Investigation (CBI) has arrested Anand Subramanian, a former group operating officer (GOO) of the National Stock Exchange (NSE), in connection with its investigation into a bourse manipulation case that occurred in 2018. “A team of officials arrested Subramanian on 24th February night in Chennai.” “He will appear today in a competent Continue Reading