The RBI unveiled new regulations in October 2022, which enhanced governance standards and permitted ARCs to act as resolution applicants under the IBC's ambit

ARC industry will need to reinvent itself

Business Standard

Noida (Uttar Pradesh) [India], September 27: Redcliffe Labs' diagnostic tests are more cost effective at tackling illnesses, like diabetes and heart disease, than many standard treatments, new analysis released at the UN General Assembly today shows, highlighting the importance of digitally-enabled and low-cost diagnostics businesses in combatting India's rising pandemic of non-communicable diseases.

Redcliffe Labs Diagnostics Deliver USD 400 Million in Economic Savings for India by Tackling Pandemic of Non-communicable Diseases

Visakhapatnam (Andhra Pradesh) [India], September 27: India's most trusted luxury furniture brand Durian Furniture opened a store in Visakhapatnam on 26th August 2023. This is their 1st store in the state of Andhra Pradesh that showcases high-quality lifestyle furniture pieces designed to elevate modern homes. The store is located at the prime location of Dondaparthy, opposite the Railway DRM Office. This sprawling 7000 sq. ft. franchise store, is owned by Hari Prasad Konchada. 

Luxury furniture brand Durian Furniture launches their first store in Visakhapatnam, Andhra Pradesh

McLean (Virginia) [US], September 27: Mars, Incorporated today released The Mars Net Zero Roadmap, a decisive action plan for achieving Net Zero greenhouse gas (GHG) emissions across its full value chain by 2050. The Mars Roadmap includes a new target reviewed by the Science Based Targets Initiative to cut emissions by 50% by 2030, from a 2015 baseline, with a pathway to Net Zero by 2050. 

Mars Publishes \"Accelerated, Affordable and Achievable\" Net Zero Roadmap to Cut Emissions 50 per cent by 2030 Across Full Value Chain

India's DOTA 2 team will begin their campaign against Kyrgyzstan and the Philippines in their opening group stage games on September 29

Asian Games 2023, Asian Games Hangzhou 2022

Chennai (Tamil Nadu) [India], September 27: The world of e-commerce is witnessing a transformative wave, and at the forefront of this revolution stands Baapstore, the leading dropshipping platform for millions of online sellers. As more individuals and businesses venture into the digital marketplace, the age-old barriers to entry are crumbling, thanks to the innovative approach of dropshipping.

Online Sellers Strike Gold with 300 Per cent Profits at Zero Inventory Cost via Baapstore\'s 5G Dropshipping Platform

Meanwhile, companies like HP and Acer, which do not sell mobile phones in India, are likely to miss out

Apple iPhone

The restructuring exercise will be undertaken by Arjun Mohan, who was recently elevated as chief executive officer (CEO) of its India business, replacing Mrinal Mohit, according to the sources

Byju's

To borrow Rs 6.55 trillion in second half

money, cash, rupees

Senco Gold hit a new high of Rs 590.55, rallied 11% on the BSE in Wednesday's intra-day trade and now quotes at a hefty 86% premium over its issue price in little more than 2 months.

Jewellery, Art Work

Closing Bell on September 27, 2023: Among sectors, most of the key indices settled in the positive zone with the Nifty Pharma index gaining the most, up 1.2 per cent

BSE, NSE, Sensex, Nifty, stock markets

JP Nadda further stated that developments in railways will lead to a new era of connectivity and help make progress in the realisation of a developed India

Bharatiya Janata Party president JP Nadda

In the viral videos, Raghav was seen being joined by Delhi Chief Minister Arvind Kejriwal, Punjab Chief Minister Bhagwant Mann and several other politicians

Not thinking about an IPO as of now, says chairman

Dr Krishna Ella

iPhone maker Apple has plans to scale up production in India by over five-fold to around USD 40 billion (about 3.32 lakh crore) in the next 4-5 years, according to government sources.
According to the official, who did not wish to be named, the company has crossed the USD 7 billion production mark in the last financial year.
"Apple has plans to increase production in India to over USD 40 billion in the next 4-5 years. It has crossed USD 7 billion in the last fiscal," the official said.
An email query sent to Apple did not elicit any reply.
Apple manufacturers iPhones in India and has plans to start manufacturing Airpods from next year.
The officer said that Apple has no immediate plans to make iPads or its laptops in India.
"They don't have any plans to participate in IT hardware PLI. They may come at a later stage but as of now their focus is to scale up existing production levels," the officer said.
The company globally sold iPhones worth USD 191 billion and products worth USD

Fractional ownership of real estate is gradually gaining acceptance among investors as assets under management have touched Rs 4,000 crore, according to a report.
TruBoard Partners, a tech-enabled real asset management company, has come out with a report on fractional ownership.
Many private companies have set up fractional ownership platforms that allow investors to own a fraction of real estate assets.
"Fractional ownership typically involves the ownership of an underlying real estate asset among multiple investors. This lowers capital requirements and facilitates participation of a larger set of players in real estate asset ownership," the report said.
Investors infuse their fund in securities issued by a Special Purpose Vehicle (SPV), established by the fractional ownership platform.
These platforms provide a formal channel that enables a group of people to pool in money and jointly own real estate.
"Although the concept of fractional ownership of real estate is at a nascent 

Real Estate, Realty sector, Construction, Realty

The Nijjar murder is fast unfolding into treacherous scenarios that could have tragic consequences for both nations. No one stands to gain from the ongoing face-off

India Canada

International credit agency Moody's Investors Service has made sweeping assertions against Aadhaar without citing any evidence, the Unique Identification Authority of India (UIDAI) said on Monday.
The UIDAI issued a strong rebuttal to Moody's Investors Service which claimed that the Aadhaar system often results in service denials and the reliability of biometric technologies, especially for manual labourers, in hot and humid climates is questionable.
"A certain investor service has, without citing any evidence or basis, made sweeping assertions against Aadhaar, the most trusted digital ID in the world. Over the last decade, over a billion Indians have expressed their trust in Aadhaar by using it to authenticate themselves over 100 billion times," the UIDAI said in a statement.
The unique id Aadhaar's custodian said that the report in question does not cite either primary or secondary data or research in support of the opinions presented in it.
"The investor service did not make any

Adhaar, UIDAI

Canada has updated travel advisory for its citizens in India asking them to "stay vigilant and exercise caution" in the context of recent developments as there are calls for protests and some "negative sentiment" towards Canada on social media.
Tensions flared between India and Canada following Canadian Prime Minister Justin Trudeau's explosive allegations of a "potential" involvement of Indian agents in the killing of Khalistani extremist Hardeep Singh Nijjar, 45, on his country's soil on June 18 in British Columbia. India had designated Nijjar as a terrorist in 2020.
India angrily rejected the allegations as "absurd" and "motivated" and expelled a senior Canadian diplomat in a tit-for-tat move to Ottawa's expulsion of an Indian official over the case.
"In the context of recent developments in Canada and in India, there are calls for protests and some negative sentiment towards Canada on social media. Please remain vigilant and exercise caution," the Canadian government said in an

The leaders of both countries should encourage bilateral trade and people-to-people exchanges that can help build bridges

India's rage is misplaced and hardly serves to endear the country to those appalled by the idea that it may have had a Canadian citizen killed

R K Bansal

ARC industry will need to reinvent itself

Latest News

In this Section

All

Redcliffe Labs Diagnostics Deliver USD 400 Million in Economic Savings for India by Tackling Pandemic of Non-communicable Diseases

Luxury furniture brand Durian Furniture launches their first store in Visakhapatnam, Andhra Pradesh

Mars Publishes "Accelerated, Affordable and Achievable" Net Zero Roadmap to Cut Emissions 50 per cent by 2030 Across Full Value Chain

Asian Games: Esport, Indian League of Legends team bow out in quarters

Online Sellers Strike Gold with 300 Per cent Profits at Zero Inventory Cost via Baapstore's 5G Dropshipping Platform

Most Popular

Read

Shared

Commented

Tech giants Apple, Samsung likely to benefit from MeitY's new import regime

Edtech firm Byju's to lay off 4,000 employees in major restructuring

Centre sticks to market borrowing plan for H2FY24; introduces 50-year bond

Stock of this recently-listed jewellery retailer has zoomed 47% in 2 weeks

Sensex up 173 pts on Nomura upgrade, Nifty tops 19,700; all but banks gain