New Delhi: Optical and digital solutions company Sterlite Technologies has received approval from shareholders and creditors for the demerger of its global services business, paving the way for shares of the new business to be listed separately.According to the company, the demerger proposal...
New Delhi: Edible oil major Adani Wilmar Ltd will acquire a 67 per cent stake in Omkar Chemicals Industries at an enterprise value of Rs 56 crore.Adani Wilmar, a joint venture between Adani Group and Wilmar Group of Singapore, is one of the largest FMCG companies in India. The company has a...
While 83 percent of consumers value knowing their devices protect their information, 74 percent approve of using their data for beneficial services, according to PwC India's latest report.Additionally, more than 66 percent were willing to share data for more personalized experiences."Our...
India, July 11, 2024 – Ayekart, a leading agri-food fintech platform, has announced a strategic partnership with Grameen India Foundation. This collaboration aims to extend Ayekart's Ayekrishi Platform (PaaS) along with market linkage services with integrated finance to Grameen...
This is a growth of 8 per cent compared to sales of Rs 11,400 crore in the first half of 2023, according to India Sotheby's report "International Realty and CRE Matrix".More than half of the home buyers in the Rs 10 crore plus luxury market belonged to the age category of 35-55 years.The...
According to the report, the value of the Indian food service industry is estimated to be Rs 5,69,487 crore by FY 2024.Kabir Suri, Chairman, NRAI and Company, said, "Despite setbacks during the COVID-19 pandemic, the food service industry in India is experiencing rapid growth. The sector...
Bengaluru, Karnataka BJP to hold a 'mega' protest in Mysuru on July 12 in connection with alleged fraudulent allotment of land to land losers by the Mysuru Urban Development Authority (MUDA), involving land given to Chief Minister Siddaramaiah's wife Parvathi, his President B Y Vijayendra said...
Mumbai: The Reserve Bank's FI-Index, which reflects the extent of financial inclusion across the country, increased to 64.2 in March 2024, showing growth in all parameters.The index aggregates information on different aspects of financial inclusion into a single value between 0 and 100, where...
Bengaluru, Chinese smartphone maker Xiaomi expects to double its device shipments in India to 700 million in the next 10 years, a top company official said on Monday.Speaking on the 10th anniversary of Xiaomi's operations in India, company president Muralikrishnan B said that the company has...
New Delhi: MobiKwik has become the largest digital financial services platform in terms of PPI wallet transactions by value in April and May, the company said on Monday.Citing Reserve Bank of India (RBI) data, MobiKwik said it has gained market share in financial transactions through prepaid...
New Delhi, MobiKwik on Monday said it has become the largest digital financial services platform in terms of PPI wallet transactions by value in April and May.Citing Reserve Bank of India (RBI) data, MobiKwik said it has gained its market share in financial transactions through prepaid payment...
Speaking symbolically on the foundation day of the 7th JITO Incubation and Innovation Fund (JIIF), Sharma said, "As a founder, my company is like my daughter...As a company, we are maturing. It was...it's just like if a daughter who is a school topper met with an accident while going for the...
Karachi, Pakistan's new coach Jason Gillispie on Sunday made it clear that he will not compromise on fitness and the onus is on the players to demonstrate the value they bring to the national team.Hours after arriving in Pakistan, the former Australian fast bowler spoke at a press conference...
New Delhi: As many as 73 per cent Indians prefer to read ingredient lists and nutritional value before purchasing any snack, reveals a new survey highlighting the growing inclination of most Indians towards healthy snacks.Based on a survey of over 6,000 people across India, the Healthy...
VMS Industries Limited, a leading player in ship recycling and asset decommissioning, announced the declaration of a first interim dividend of Rs. 0.50 per share, which is 5% of the face value of Rs. 10 per share for the financial year 2024-25. This announcement was made during a meeting of the...
New Delhi: Obesity can no longer be defined simply by body mass index (BMI) but should refer to how body fat is distributed throughout the body, researchers said while launching a new framework for diagnosing and managing obesity.Published in the journal Nature Medicine, the framework...
ALIP provides a way for policyholders to achieve the surrender value of their endowment insurance policies while retaining their life cover benefits.Ketan Mehta, Founder, ACESO, highlighted that LIC's endowment policies form a significant part of its annual issuance, but many policies (about 5...
On the back of successful implementation of policies and initiatives focused on achieving 'self-reliance' under the leadership of Prime Minister Narendra Modi, the Defense Ministry achieved the highest ever growth in indigenous defense production in value terms during FY 2024 .Bharat Earth...
New Delhi [India], With the government's push for the Make in India initiative, defense production has increased to historic levels. This increase in defense manufacturing has also generated substantial returns for investors in major defense manufacturing PSUs over the past year.According to...
PNNMumbai (Maharashtra) [India], July 5: LoanXpress.com, a digital platform owned by Vermillion Finalytics, is dedicated to helping small and medium businesses (SMEs) in India to raise debt capital from lenders. Recently, the platform has expanded its focus to the ESG (environmental, social...