The Covid-19 pandemic was no deterrent for the NCR real estate market, which remained vibrant and performed remarkably well in 2022. The region witnessed more interest from private equity players than its counterpart realty hotspot MMR. ANAROCK Capital’s Flux – 9M FY23 report reveals that PE players invested USD 1,215 Mn … Read more
Category: Business and Finance
JIO LAUNCHES TRUE 5G IN GUWAHATI
Jio starts its True 5G services in Assam by launching its 5G service in Guwahati. The Honourable Chief Minister of Assam Dr. Himanta Biswa Sarma launched Jio True 5G services in Guwahati. Jio also launched it’s True 5G Powered Wi-Fi services in the Kamakhya Temple complex today in an event … Read more
Purabi Dairy organises Calf Show to highlight benefits of artificial insemination
The West Assam Milk Producers’ Cooperative Union Limited (WAMUL), popularly known as Purabi Dairy, organised a mega Calf Show at Nityananda Playground in Pathsala, Assam on January 7, 2023, to highlight the effectiveness and benefits of artificial insemination. Shri Atul Bora, Hon’ble Minister of Agriculture, Animal Husbandry, Veterinary & Dairying, Govt … Read more
Mirae Asset Acquires Grade-A Warehousing Space in India
Mirae Asset Credit Opportunities Fund has announced its outright acquisition of a pre-leased Grade A industrial asset at Bhiwandi, MMR for INR 130 Crs. The industrial property, housed in the 160-acre K-Square Integrated Industrial Park and spreads over 9 acres, has been acquired from Prakhhyat Group. As Mirae Asset Investment … Read more
India’s GDP nearing to $20 trillion, per capita income at $10k by 2047, says Bibek DebroyIndia’s GDP nearing to $20 trillion, per capita income at $10k by 2047, says Bibek Debroy
India’s GDP will be close to USD 20 trillion by 2047 and per capita income may reach USD 10,000 (at current value of USD), Bibek Debroy, chairman, Economic Advisory Council to the Prime Minister, said on Wednesday. Virtually addressing the inaugural session at the 57th Annual Conference of the Indian … Read more
Festival tourism lends boost to Meghalaya’s economy
India’s tourism industry contributed $178 billion, or about 5.8 per cent, to the country’s gross domestic product in 2021. This will more than double to $512 billion by 2028, according to Government data. The tourism sector provides about 137 million jobs. The industry has been noticing historic high demands of … Read more
Adani group takes control of NDTV, buys promoters stake at 17 pc premium to open offer price
On Friday, the Adani group fully took control of the news channel NDTV after purchasing the majority of the founders’ shares from Prannoy Roy and Radhika Roy for a premium of roughly 17% over the price it paid to the company’s minority shareholders. According to a regulatory filing, the Adani … Read more
Cong income through electoral trusts less than TRS, SP, AAP, YSRC; BJP got 72% donations: ADR report
The BJP received Rs 351.50 crore or 72.17 per cent of the total donations made to political parties by Electoral Trusts in 2021-’22, while the Congress received less than the TRS, Samajwadi Party, AAP and the YSR Congress, according to data released by the Association for Democratic Reforms (ADR) Thursday. … Read more
Reliance to buy 51% stake in Lotus Chocolate for Rs 74 crore
Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Retail Ventures Limited, said on Thursday it will acquire a 51% controlling stake in Lotus Chocolate. On Thursday, definitive agreements were signed by RCPL, Lotus Chocolate Company Limited, Prakash P Pai, Ananth P Pai, and other members of the present … Read more