Deccan Gold Tanzania, a wholly-owned subsidiary of Deccan Gold Mines, has uncovered a significant gold block within the Nzega-Tabora Greenstone belt located in Tanzania. This discovery underscores the company’s adeptness in exploration and prospecting, particularly in navigating complex Continue Reading
Business
Following a mixed response to its announcement of a Pure Veg Fleet, Zomato has decided to abandon the plan of introducing a green uniform for delivery partners handling vegetarian orders. Initially, Zomato CEO Deepinder Goyal had introduced the ‘Pure Veg Mode’ and ‘Pure Veg Fleet’ to cater to the needs of vegetarians and even made […]Continue Reading
Nykaa, the fashion and beauty retailer, is determined to defend its position amidst competition from both established conglomerates and emerging players in the Indian market. Founder and CEO Falguni Nayar emphasized the company’s strong foothold, built on brand recognition, a loyal customer base, and deep business insights. In an interview with PTI, Nayar highlighted Continue Reading
Vedanta Aluminium, India’s leading aluminium producer, has initiated the ‘Panchhi -Sapno Ka Udaan’ program aimed at both recruiting and empowering economically disadvantaged girls in the coal mining regions of Odisha’s Sundargarh district. Sixteen local girls from villages like Girisima, Jamkani, Jharapalam, and Mendra within the Jamkani mining Continue Reading
Piyush Goyal, the Minister of Commerce and Industry, announced on March 15th that India has entered the top 10 countries globally in terms of patent grants, reflecting significant progress in the country’s intellectual property landscape. During the fiscal year 2023-24, approximately 100,000 patents have been issued, a considerable increase from the 6,000 patents Continue Reading
Tata Motors, a prominent automobile manufacturer, is set to invest ₹9,000 crore in constructing its inaugural plant in Tamil Nadu, as stated by the state’s industries department. This investment is anticipated to generate around 5,000 job opportunities. TRB Rajaa, Tamil Nadu’s industries minister, announced on social media that Tata Motors will establish a Continue Reading
Article By V.P. Nandakumar, MD & CEO, Manappuram Finance Ltd Bringing the multitudes of unbanked population in rural India to the formal credit market remains a major policy challenge but the task of financial inclusion has been made easier by the accelerated pace of digitalisation Providing last mile credit to consumers has been a shared […]Continue Reading
Article By Dr Sumitha Nandan Executive Director, Manappuram Finance Ltd Commercial lenders including NBFCs are on a path of healthy growth despite tightening risk weight norms by the regulator Post-pandemic recovery in the banking sector has many surprises on the upside. The most important eye-opener was the steady growth in non-farm credit off-take which has […]Continue Reading
Article By V.P. Nandakumar, MD & CEO, Manappuram Finance Ltd To sustain growth momentum in the long run, the government and the industry along with financial institutions should roll out a synchronised policy to boost productivity in the key manufacturing sector that will generate quality jobs, higher income and enhanced demand There are no two […]Continue Reading
The government has raised the authorized capital of the Food Corporation of India (FCI) from ₹10,000 crore to ₹21,000 crore to bolster its operational abilities and meet its objectives more effectively, as stated by the Food Ministry. FCI, serving as the primary agency for food grain procurement at minimum support prices (MSP) to safeguard farmers’ […]Continue Reading