Business

World’s first Lions Club for transgender inaugurated by Mr. VP Nandakumar, MD &CEO, Manappuram Finance Limited

Ut World October 3, 2019 0

The first Lions Club for transgender was inaugurated by V.P. Nandakumar, MD & CEO of Manappuram Finance Ltd. and an International Director of Lions Clubs International. “Lions Club of Patna Dostana” has 20 members and was formed as a specialty club with Lion Reshma Prasad as its Charter Continue Reading

Business

Govt spoils trust put by people in LIC, alleges Priyanka Gandhi

Ut World September 20, 2019 0

Congress leader Priyanka Gandhi has levelled a serious allegation against the BJP-led central government over its policy related to the Life Insurance Corporation of India. Ms Priyanka alleged that the central government invested the funds amassed by the LIC in certain loss making businesses. She has strongly opposed the policy. And, she has mocked the […]Continue Reading

Business

CRISIL Upgrades Credit Ratings of Manappuram Finance Ltd

Ut World September 3, 2019 0

India’s premier rating agency, CRISIL, has upgraded the Credit Rating the long-term debt instruments of Manappuram Finance Limited (MAFIL) to ‘CRISIL AA/Stable’ (from ‘CRISIL AA-/Positive’) and reaffirmed its ‘CRISIL A1+’ rating on the company’s commercial paper (CP).  According to the Rating Rationale released by CRISIL, the Continue Reading

Business

AACCI Lifetime Achievement award to Mr. VP Nandakumar

Ut World July 1, 2019 0

The lifetime achievement award by Asian African Chamber of Commerce and Industry (AACCI) was awarded to Mr. VP Nandakumar, MD and CEO of Manappuram Finance Ltd, for his valuable services in the Finance and Business field. He is the first Malayalee to receive this award. Hon. Speaker Mr P. Sreeramakrishnan presented the award to Mr. […]Continue Reading

Business

V.C. PADMANABHAN MEMORIAL AWARDS FOR EXCELLENCE 2019 ANNOUNCED

Ut World June 8, 2019 0

Thrissur: The V.C. Padmanabhan Memorial Awards for Excellence for the year 2019 were announced today.  Prominent winners for the year include Cine actor Shri Jagathy Sreekumar and environmentalist Smt. Saalumarada Thimmakka. The other winners include Prof. P.J. Kurien, former Deputy Chairman, Rajya Sabha, Mr. T.K.A. Nair (IAS Retd.), former Adviser to the Prime Minister Continue Reading

Business

Insight: Whether app-based food delivery boys are properly rewarded

Ut World June 1, 2019 0

A conversation with an app-based food delivery boy reveals how unrewarding his job is and to what extent his lack of awareness regarding the legal obligations an employer must follower while offering a job is exploited by his employer. Nowadays, app-based delivery boys are everywhere. They keep shuttling here and there, wearing the t-shirts of […]Continue Reading

Business

IFC to invest $35 million in Manappuram Finance

Ut World May 29, 2019 0

Will help increase access to gold loans for low-income households and MSMEs Kochi – IFC, a part of the World Bank Group, will invest $35 million in Manappuram Finance Limited (MFL) to help low-income households and small enterprises get access to loans against their gold assets. This is IFC’s first investment in a gold-loan NBFC […]Continue Reading

Business

Oil price goes up since end of elections

Ut World May 21, 2019 0

Since the end of the general election in India, the oil price – both diesel and petrol – has been showing an upward momentum. Last day alone, a 8 to 10 paise increase in the petrol price and a 15 to 16 paise increase in the diesel price have been reported across the country. Mumbai […]Continue Reading

Business

Easing liquidity is the top priority of RBI

Ut World May 10, 2019 0

Adequate and swift monetary transmission remains a key policy challenge for RBI. To induce credit growth and reignite the economy, RBI has, in recent months, reduced policy rates by 50 basis points (bps). (1 basis point is 1/100th of 1 percent.) However, very few banks have passed on the benefit of lower interest rate to […]Continue Reading

Business

‘Insan Charitable Trust’- Elevating for a Noble Change

Ut World April 27, 2019 0

An Entrepreneur, Author and Social Activist, Mr Ansif Ashraf, has put his best foot forward towards a noble cause by starting a Charitable Foundation, ‘Insan Charitable Trust’ in the holy month of Ramadan. The Foundation is started by the inspiration of works done by Roukiya Bi, the great grandmother of Mr Ansif Ashraf. Roukiya Bi […]Continue Reading