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Bank of Baroda raises interest rates on fixed deposits

Unique Times June 18, 2022 0

Bank of Baroda (BoB), a public sector bank, has hiked interest rates on fixed deposits below Rs 2 crore. The Bank of Baroda has hiked interest rates on June 8, 2022, after the Reserve Bank of India raised the repo rate. The bank has hiked interest rates on fixed deposits of one to three years. Continue Reading

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EXPORTS: INDIA’S $400 BILLION MILESTONE

Unique Times May 23, 2022 0

Article By V P Nandakumar MD & CEO Manappuram Finance Ltd India’s merchandise exports grew by 43 per cent in 2021-22 to cross the milestone of $400 billion dollars. The record exports in FY 2021-22 represent a 33 per cent surge over the pre-pandemic levels of 2019-20. If the year 2020 was defined by the […]Continue Reading

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MANAPPURAM’S MSME AND OTHER VERTICALS’ LOANS

Unique Times March 30, 2022 0

  Article By V.P. Nandakumar MD & CEO of Manappuram Finance Ltd. A business of Rs.800 crore built from scratch in 3 years On 14 February 2022, Manappuram Finance Limited published its results for the 3rd quarter ending December 2021. The key takeaway was that despite the impact of the omicron variant (which was particularly […]Continue Reading

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Kiran Mazumdar, Falguni Nayar are most talked-about women business leaders in India

Unique Times March 4, 2022 0

Kiran Mazumdar-Shaw, the chairperson of Biocon, has taken the top spot in Wizikey’s latest News Score ranking of the ten most-talked-about women leaders in India. Falguni Nayar, the CEO of Nykaa, has taken second place. Wizikey has released its most recent news score report on women who are breaking into various industries and making headlines […]Continue Reading

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THE PHENOMENAL RISE OF ESG INVESTING HAS A FLIP SIDE

Unique Times October 20, 2021 0

Article By V.P. Nandakumar MD & CEO of Manappuram Finance Ltd These days, we hear a lot about a trend in the markets called ESG investing, and about all the money flowing into it globally. ESG stands for Environmental, Social, and Governance, being the three broad areas of concern that drive certain market players who […]Continue Reading

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Ford’s Exit From India: Halt to the Future of Employees, Dealers

Unique Times September 11, 2021 0

Thousands of employees at Ford Motor Co. and numerous Ford-related businesses face an unclear future after the global automaker abruptly ended its operations in India on Thursday, following a growing list of American automakers to leave the nation. The decision, which was revealed on Thursday, would have an impact on 4,000 staff, hundreds of dealers, […]Continue Reading

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Ford stops production in India; Only until the sale stock runs out

Unique Times September 10, 2021 0

US automaker Ford ceases production in India. The manufacturing unit at Sanand in Gujarat will close by the end of this year and the Chennai unit by the middle of next year. Sales of the Figo, Aspire, Freestyle, Ecosport and Endeavor models will be discontinued as soon as current stock runs out. Sales of imported […]Continue Reading

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ToneTag Partnered with Amazon: Deploying Voice-Payment Tech

Unique Times May 28, 2021 0

The fintech that specializes in the use of sound to carry payment credentials, ToneTag, has partnered with Amazon deploying a technology that completes transactions by talking to television or orally placing an order in-store. ToneTag co-founder Kumar Abhishek stated, “Voice assistants like Alexa convert sound into instructions, but they cannot carry data. By adding our Continue Reading

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Why do people take gold loans?

Unique Times May 26, 2021 0

Shri V.P. Nandakumar MD & CEO of Manappuram Finance Ltd  Manappuram Finance Ltd. first entered the gold loans market in the latter half of the nineties, it also became the first NBFC in India to get into gold loans. Till then, this business was the preserve of the unorganised sector, the pawnbrokers and moneylenders who […]Continue Reading

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Covid-19 Pandemic: Maruti Suzuki’s Production Falls by 7 Percent in April

Unique Times May 6, 2021 0

India’s largest carmaker Maruti Suzuki said its total production in April 2021 stood at 1,59,955 units, which has come down to 7 percent from March this year. Its Chairman R.C Bhargav stated it was difficult to provide a sales outlook due to the uncertainties related to Covid-19 as well as production constraints. He also stated […]Continue Reading