Business
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Banking, Business, Economy, , , ,

InvIT a runaway success; to help common man get 8.05% return: Nitin Gadkari

The union minister for road transport and highways says, InvIT bonds offer an unique opportunity to the common men to participate in the country’s rapid infra building and get healthy return on their investments…Nitin Gandkari, union minister in-charge of road transport and highways, today said that the new avenue will be aimed at attracting common men into investing public infrastructure.Infrastructure Investment Trust (InvIT) bonds, a new mechanism to finance infrastructure projects through private investments, will help poor individuals get healthy return while at the same solve the…
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Aviation, Business, Economy, India, , , , ,

New intercontinental flight strengthens trade between businesses in India, Asia, Europe and the rest of the world

UPS doubling flight rotations and airport gateway capacity for India New intercontinental flight strengthens trade between businesses in India, Asia, Europe and the rest of the world National: UPS(NYSE:UPS) today announced an expansion of its global smart logistics network with a new airport gateway facility in India at Kempegowda International Airport, Bengaluru (BLR). With this added capacity, a new Boeing 747-8 flight will now be able to further connect our customers in India with more international trade opportunities in Asia, Europe and the Americas. “Customers are at the core…
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Business, Economy, India, Special Story, ,

Should you invest in under-construction properties to get high ROI in 2022-23?

There is no denying the fact that a couple of years gone by has instilled a sense of insecurity in the minds of realty investors. However, that reluctance was short-term and the industry is looking at a full-scale recovery. Despite this, there remains a dilemma as to which property type is better? Ready-to-move-in or the under-construction one? As the year 2022 will be the flagbearer year for the sustainable recovery of the housing sector, investing in an under-construction property would fetch some excellent returns in the long…
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Business, Entertainment, Gujarat, , ,

With Gujarati movie ‘Saatam Aatham’, AIO launches Gujarat’s first NFT for entertainment sector

The company is in talks with three upcoming Gujarati movies for the NFT releaseNFTs are crypto digital assets that exist within a blockchain. It’s unique and exclusive. Every NFT comes with its own unique code and it cannot be replicatedWe also plan to have a prediction game on our platform where fans predict movie openings, reviews, screen time and win AIO tokens in return.We want to build a platform where regional production houses and artists can find sponsors for their upcoming movie, songs or shows by pre-launching…
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Business, Stocks, , , ,

Shares of Deepak Nitrite fell over 5 per cent in early trade today after a massive fire incident

Shares of Deepak Nitrite fell over 5 per cent in early trade today after a massive fire broke out at the company's chemical manufacturing facility in the Nandesari industrial area on the outskirts of Vadodara (Gujarat) on Thursday evening. The stock has fallen after six days of consecutive gain. It opened with a loss of 4.66 per cent at Rs 1950 on BSE. Deepak Nitrite stock further fell 5.14 per cent to Rs 1,940 on BSE. The large-cap share trades higher than 5-day moving averages but lower…
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Brands, Business, Fashion, , ,

Priti International reports a 54.5% rise in revenue to Rs 5,725.43 lakh in FY22

New Delhi: Home furnishing company Priti International Limited has announced its results for the quarter and financial year ended March 2022. The Jodhpur headquartered lifestyle player has reported a 41.6 per cent rise in the net profit of Rs 437.5 lakh in the financial year 2021-22, compared to a bottomline of Rs 309.02 lakh in the previous financial year. Total revenue from the operations of the company rose 54.5 per cent to Rs 5,725.43 lakh in FY 2021-22 as against a total revenue of Rs 3,706.84 lakh in…
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Business, Economy, SME, , , ,

SMEs remain upbeat on demand revival, according to the ASSOCHAM-Dun & Bradstreet Small Business Confidence Index

 Confidence amongst India's small businesses remains high with an overwhelming majority of the SME executives expecting improvement in the second quarter of 2022 on most of the parameters including sales, capacity utilisation and hiring, according to the ASSOCHAM-Dun & Bradstreet Small Business Confidence Index (SBCI). The index, which measures the level of optimism of small and medium businesses on key business parameters such as sales, employment, prices, inventory and investment, stood at 87 in Q2 2022.  An index value above 50 signals an improvement or increase in the forthcoming quarter…
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Business, Economy, Stocks, , ,

IRCTC’s net profit more than doubled during the January-March period to ₹214 crore: Dividend declared.

IRCTC's net profit more than doubled during the January-March period to ₹214 crore, compared with ₹104 crore in the corresponding period of last year. IRCTC, the catering and tourism arm of Indian Railways, reported 103% growth in revenue from operations to ₹691 crore in the fourth quarter as against ₹339 crore in the last year quarter. The company's board has recommended a dividend of ₹1.50 per share for the financial year 2021-22. On Monday, IRCTC's scrip rose 6.67% to settle at ₹696 on NSE. Segment wise, revenues…
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Authored Articles, Business, Digital, Education, Global Education, International, , ,

International Education MSQUARE MEDIA platform expands in Australia.

International education platform M Square Media (MSM) is expanding its brand of quality education management in Australia with its new MSM Australia Advisory Board. The newly formed Advisory Board features highly respected members who have decades of experience in the international education sector. With this initiative, MSM, headquartered in Canada, is fortifying its presence in key markets such as Australia. It has formed an Advisory Board in the United States, United Kingdom, Europe, and recently in Canada. MSM also has an International Board of Advisers for other…
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Business, Digital, Economy, ,

Cashaa and Chainlink Collaborate to Bring Crypto and Defi Solutions to the Masses

New Delhi  Cashaa, a crypto-friendly neo-bank, has now integrated Chainlink a crypto project which has a market cap of 12 Billion USD—open-source, and decentralized price feeds on its platform, available across various cryptocurrencies, stablecoins, indices, commodities, and more. The price feeds shall provide users with more accurate, tamper-proof exchange rates on the platform. Cashaa aims at staying transparent with the users, and the association with Chainlink comes in line with the same. Cashaa started as a peer to peer money transfer platform but over time we have become…
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