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Manappuram Finance Q1 Net Profit Jumps 38pc To Rs 368 Cr On Growth In Gold Lan Portfolio

Ut World July 29, 2020 0

Manappuram Finance Ltd on Wednesday posted nearly 38 per cent jump in its consolidated net profit at Rs 367.97 crore in the first quarter ended June of the current fiscal year. The non-banking finance company (NBFC) had registered a net profit of Rs 266.78 crore in the same period of the Continue Reading

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Investing in Gold and options for the retail investor

Ut World July 25, 2020 0

Article by V.P. Nandakumar is MD & CEO of Manappuram Finance Ltd.  Whenever the price of gold goes up, the personal finance columns published in various newspapers and periodicals see hectic discussions about how much money an investor should set apart for investing in gold. However, during periods when the price of gold is stable […]Continue Reading

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Combating Challenging Times and Moving Forward

Ut World May 29, 2020 0

COVID-19 has no doubt brought the world to a standstill. The financial impact of Covid-19 could be much more painful and prolonged than the health impact it creates. The International Monetary Fund (IMF) has recently released its global growth projections, revealing that in the year 2020, the global economy is expected to plunge into the […]Continue Reading

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Ajit Ravi: The journey of an ordinary man with an extra-ordinary dream

Ut World May 21, 2020 0

MBA Awards, MBA Award, International Federal Chamber ForumContinue Reading

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Manappuram Finance Q4 Net Jumps 53.7% To Rs. 392.7 Crore

Ut World May 15, 2020 0

Manappuram Finance Ltd., one of India’s leading NBFCs, declared its results for FY 2019-20 today. The company reported a full year consolidated profit after tax of Rs 1,461.8 crore, a sharp increase of 55.7 percent over the previous year’s figure of 938.9 crore. Consolidated net profit for Q4 ended March 31, 2020 stood at Rs.392.7 […]Continue Reading

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Atmanirbhar Bharat II: Nirmala Sitharaman says cheap loans for farmers and free food grains for migrants

Ut World May 15, 2020 0

Finance Minister Nirmala Sitharaman has put the pedal to the metal disclosing huge measures for transient laborers, road merchants, and little farmers. A One Nation One Ration Card to benefit free food grains from anyplace in the nation,  a first-of-its-sort moderate rental lodging for urban vagrants, Rs 2 lakh crore concessional credit lift to 2.5 […]Continue Reading

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Nirmala Sitharaman Live Updates: “To provide economic package to bulid a self-reliant nation”

Ut World May 13, 2020 0

On Tuesday, Prime Minister Narendra Modi pioneered a path with his Rs 20 lakh crore financial package declaration lifting up the spirits of 1.3 billion people. Over Rs 12-13 lakh crore worth has just been reported as on Wednesday, leaving as meager as Rs 7 lakh crore in unannounced alleviation. Any desires for whether this […]Continue Reading

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UAE to freeze assets of ‘richest Kannadiga’; More trouble for B.R. Shetty

Ut World April 29, 2020 0

Bavaguthu Raghuram (B.R.) Shetty, founder of NMC Health and UAE Exchange, experiences been in difficulty since February. The UAE based extremely rich person ventured down as co-director of NMC Health in February after the organization’s offers fell more than 70 percent since December. The drop in shares came following claims by a US venture firm […]Continue Reading

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Coronavirus Updates: During Covid 19 spread Zomato to introdue ‘contactless dining’

Ut World April 18, 2020 0

After contactless delivery to manage the COVID-19 pandemic, foodtech unicorn Zomato on Friday reported “contactless feasting” highlights to assist eateries with expanding trust and certainty of clients in their security and cleanliness gauges in a post-lockdown world. Zomato said that contactless eating will have three principle segments, contactless menu, Continue Reading

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Interim bail for HDIL promoter Rakesh Wadhawan denied by the court in PMC bank scam

Ut World April 17, 2020 0

HDIL advertiser Rakesh Wadhawan, at present lodged in prison regarding the multi-crore rupees Punjab and Maharashtra Cooperative (PMC) Bank scam case, was denied interim bail Friday by an special court here. Rakesh Wadhawan, who is in his 60s, had looked for bail health ground refering to the coronavirus spread. He has been prisoned under the […]Continue Reading