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Manappuram Finance’s VP Nandakumar bestowed with Financial Success Champion Award

Ut World February 14, 2024 0

In a significant accolade for Indian entrepreneurship, VP Nandakumar, the Managing Director and CEO of Manappuram Finance, has been awarded the prestigious BFSIC EXO’s Financial Success Champion award. The award, presented in a high-profile ceremony by industry leaders, including Elites Continue Reading

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Zara Faces Backlash Over Controversial Ad Campaign: A Closer Look at the Fallout

Ut World December 12, 2023 0

Fashion retailer Zara removed an ad campaign from its mobile application and website with sculptures shrouded in white sheets and mannequins with missing limbs. Pro-Palestine campaigners attacked the advertisement, which featured model Kristen McMenamy posing in the middle of what appeared to be debris, claiming it looked like an Israeli assault on the Gaza Strip’s Continue Reading

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Unfair Business Practices: Inquiry against Zomato and Swiggy

Ut World April 5, 2022 0

Investigation against online food delivery companies Zomato and Swiggy for alleged business practices. According to the reports, such an inquiry has been ordered by the Competition Commission of India (CCI). It is alleged that Swiggy and Zomato are making some changes to their platform in favor of certain brands in the name of certain business […]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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Amazon  Attempting to Halt an Antitrust Investigation Into Its 2019 Merger With India’s Future Group

Ut World November 26, 2021 0

According to legal documents seen by Reuters, Amazon.com Inc has requested India’s Supreme Court to halt an expedited assessment of charges that the company hid material when seeking antitrust clearance for a 2019 merger with India’s Future Group. Amazon was accused of concealing information and making misleading statements by the Competition Commission of Continue Reading

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World Trade and Development Report: India for Preferential Status to Developing Nations

Ut World November 26, 2021 0

On Thursday, the administration emphasized the importance of maintaining the WTO’s special and differential treatment for developing and poor nations, as well as a consensus-driven approach, as essential principles, a viewpoint held by trade experts as well. “At the upcoming WTO ministerial conference, India will fight to preserve special and differential Continue Reading

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Paytm CEO’s Goal to Deliver India’s Largest-Ever IPO Backfires

Ut World November 19, 2021 0

Vijay Shekhar Sharma brushed away tears of pleasure as he recalled his climb from “commoner” to CEO of a digital payments behemoth that recently completed India’s largest-ever IPO. Before striking the opening gong at the Bombay Stock Exchange at 10 a.m. local time on Thursday, the founder and CEO of One 97 Communications Ltd., operator […]Continue Reading

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HCL Tech to Train and Hire High School Graduates in the United States

Ut World November 11, 2021 0

HCL Tech, an IT services provider, has announced an apprenticeship program in the United States to train and hire high-school graduates in order to boost its localization efforts in global markets. Apprentices who complete the program successfully will be offered full-time employment with HCL and will be able to pursue a debt-free college degree at […]Continue Reading

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FinMin to Federal Ministries and Departments: Clear Air India Dues, Buy Seats in Cash

Ut World October 28, 2021 0

All key ministries and government entities have been asked by the Finance Ministry to discharge Air India’s debts as soon as possible. The Department of Expenditure (DoE) also stated that government agencies may only purchase tickets from Air India in cash, as the carrier which is set to be acquired by the Tata group, no […]Continue Reading

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India’s September Trade Deficit Widens to Record $22.6 Billion

Ut World October 15, 2021 0

According to government data released on Thursday, India’s merchandise trade imbalance stretched to a record $22.6 billion in September, the largest in at least 14 years, as crude oil and gold imports soared. The Reserve Bank of India is unlikely to be troubled by the rising trade deficit because the trade surplus in services and […]Continue Reading