Newsbyts

By NewsByts Team

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Banking, Business, EconomyBusiness news, Business Today, Gujarat, Newsbyts, Nitin Gadkari

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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HealthHealth care, Health tech, Mumbai, News update, Newsbyts, Techinvention

TechInvention Lifecare announces the ground breaking of its state-of-the-art Global Collaborative Centre for Medical Countermeasures

HEALTH BYTS, 26th February 2024: In a significant stride towards enhancing global health security and pandemic preparedness, TechInvention Lifecare Pvt. Ltd. is proud to announce the ground breaking of its Global Collaborative Centre for Medical Countermeasures (GCMC) with an investment of approx. USD 15 million. The centre is strategically located close to the upcoming international airport in Navi Mumbai. GCMC has been acknowledged for its global significance at the 2nd World Local Production Forum in The Hague on 6-8 November 2023, organized by the WHO. The objective…

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Sports, VadodaraBaroda Cricket Association, BCCI, Gujarat, India, Newsbyts

Revival group candidates declared uncontested winners on 02 out of 12 seats of BCA Apex Council

Khagesh Amin and Arpita Patel of the Revival group were elected unopposed in the Indian Cricketers Association (ICA) elections. The Revival group has already won two of the 12 seats before the BCA elections start. With these it seems that the Revival group has already started its winning campaign in the upcoming BCA elections. The Indian Cricketers Association elections will be held by the BCCI from 27th to 29th October. Two male and two female ex-cricketers filed their candidatures to represent BCA as a Member Association of…

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Economy, SMENewsbyts, OurIndia, Supply chain finance

How supply chain financing can resolve capital issues for MSMEs

Micro, Small, and Medium Enterprises (MSMEs) employ approximately 111 million people and account for about 30% of India's GDP. These businesses are known as the backbone of the Indian economy. According to World Bank data, MSMEs are the largest employers in developing countries despite having the least financial and regulatory support. Their ability to survive and thrive is dependent on their ability to obtain sufficient funding. However, banks limit their exposure to MSMEs due to the high cost of service and the risk of lending without adequate…

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Information Technology, InternationalGoogle analytics, London, Newsbyts, OurIndia, SGAnalystics

SGAnalytics expands its global reach with its new London office

New Delhi: SG Analytics, a Global Insights & Analytics firm, opened its new office in Berkeley Square Park, London, as part of its global growth strategy and scale-up efforts.Set in the heart of London’s business activities, SG Analytics' new office in Berkley House will assist with the company’s growth in 2022 and beyond. The new office at Berkley Square House provides more space to meet with clients and partners, expands the company's presence in the heart of London, and enhances collaboration opportunities serving the diverse needs of…

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Aviation, Business, Economy, IndiaFlight from Mumbai to Delhi, Flights, Gujarat, India, Newsbyts, UPN

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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Auto, Automobile, Entrepreneurs, SMECosmo, Electric scooter price, EVeium, Gujarat, Newsbyts

Hyderabad based EV start-up EVeium launches three electric scooters – COSMO, COMET and CZAR

-        Scooter Price Range between 1.44 Lakh – 2.16 Lakh Approx -        Booking Starts with Just INR 999 , from August 8 2022 at EVeium showrooms in Pune,Hyderabad, Banglore and Calicut.(Ex Showroom) Hyderabad: EVeium, a new EV two-wheeler Brand in India has announced the launch of three new electric scooters- COSMO, COMET, CZAR. All the e-scooters have been launched under the high-speed category. Ellysium Automotives, the Auto arm of United Arab Emirates-based company META4 Group, recently announced the launch of its EV two-wheeler brand in India – EVeium. The scooter price ranges between…

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Economy, Education, India, InternationalAll time low rupee, Foreign education, Higher education, India, Newsbyts

Exclusive: Rupee’s Record Plunge Fuels Fear Among Study-Abroad Aspirants in India

The rupee fell to an all-time low of 80.05 against the dollar on Tuesday, fueling fears among study-abroad aspirants in India who are poised to spend substantially more money to realize their dreams than they originally planned to. The rupee’s record plunge against the US dollar was primarily due to the continued strength of the American dollar, the elevated global crude oil prices, and the continuous outflow of foreign funds from the local market as foreign investors go from Indian stocks and other assets into dollar-denominated assets.…

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