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Walmart-owned Indian payments firm PhonePe on Wednesday said it had launched a stock broking platform Share.Market that went live with stocks and exchange trading funds, as it expanded its range of financial services. PhonePe, which already offers insurance policies and allows users to invest in mutual funds through its payments app, will look to capitalize on its approximately 400 million user base as it enters a crowded Indian online stock broking platforms space with notable competitors...
Indian payments firm PhonePe forays into online stock broking
Nearly 400 participants from around 66 countries have confirmed their participation in the first UP International Trade Fair, scheduled to be held from September 21 to 25 in Greater Noida. A state government spokesperson said that majority of the countries and buyers are from Europe. “A total of 60 buyers from 15 European nations have confirmed their participation through registrations for the international trade show. Additionally, 50 buyers each from 11 countries from West Asia ...
66 countries to take part in UP`s International Trade Fair
Switzerland-based tech firm Logitech on Monday announced the appointment of Anand Lakshmanan as its India Head. According to the company, Lakshmanan, who has been a part of Logitech for over two years, will now take the role of overseeing Logitech's complete portfolio in the Indian market, encompassing B2C and B2B, businesses. Previously, he served as the head of B2B for Logitech India and South West Asia. "I am honoured to lead the B2B and B2C businesses in India. I believe...
Logitech appoints Anand Lakshmanan as India Head
Go Airlines (India) Ltd owner Wadia Group is completely committed to the airline and had no plans to exit it, the airline's chief executive told Reuters in an interview on Wednesday. His comments came a day after the cash-strapped Indian airline filed for bankruptcy, blaming "faulty" Pratt & Whitney (P&W) engines for the grounding of about half its fleet. The insolvency proceedings were aimed at reviving the airline and not selling it, CEO Kaushik Khona said, confi...
Go First owner has no plans to exit airline: CEO
Homegrown technology-native retail company ace turtle on Tuesday said it has raised $34 million (about Rs 293 crore) as part of its Series B funding. The company said the funds will be utilised to acquire long-term licenses of international fashion and lifestyle brands and expand company's proprietary technology stack. The funding round was led by new investors Vertex Growth, SBI Investment Co Ltd, Farglory, Lesing Nine, Stride Ventures, Tuscan Ventures and Trifecta Capital. The ...
ace turtle raises Rs 293 cr to expand retail footprint, tech stack
The top telecom industry body on Wednesday urged the government to exempt the levy of basic customs duty (BCD) charges in the upcoming Union Budget, which will further help in the deployment and smooth roll-out of 5G in India. Higher customs duty on telecom equipment is disrupting the cost effectiveness of the telecom companies as around 85 per cent of the telecom equipment in the country is imported. "BCD of 20 per cent is levied on import of most of telecom equipment like o...
Exempt levy of customs duty on telecom equipment to boost 5G roll out: COAI
Adani group company, Adani Wilmar has announced it would acquire popular rice brand Kohinoor from McCormick Switzerland GMBH. The takeover will give Adani Wilmar an exclusive rights over the brand Kohinoor Basmati rice along with a'Ready to Cook', 'Ready to Eat' curries and meals portfolio under the Kohinoor Brand umbrella in India, it said in a regulatory filing on Tuesday. "Adani Wilmar is pleased to welcome Kohinoor brand to the Fortune family. Kohinoor is a trus...
Adani Wilmar acquires popular rice brand Kohinoor
Taking a giant stride towards the future of mobility, Tata Motors on Friday showcased a pure electric SUV concept car titled 'Avinya' that claims to run for 500 kms in about 30-minute recharge. Expected to hit the roads in 2025, the electric vehicle is based on Pure EV GEN 3' architecture and the battery will support ultra-fast charge capability. Tata Motors' EV subsidiary Tata Passenger Electric Mobility debuted the global unveiling of the Avinya'. "While ma...
Tata Motors' electric car 'Avinya' promises 500 kms in 30-min recharge
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