With this investment, the bank hopes to advance its purpose of supporting "Future Tech Businesses of India," promote technological innovation across all industries, including finance, and maybe form partnerships with top tech businesses that Venture Catalysts has backed.
In cases of disputes companies are required to do the same under Section 12A of the Commercial Courts Act 2015. However, they rarely do so and directly approach courts.
Renkube is the first company to offer a motion-free tracking solution with glass design for solar panel; Halliburton Labs , JITO Angel Network, and K4 Mumbai Network also participated in the round
The Bank will also support the Start-ups with associated services such as investment banking, treasury operations, advisory and other ancillary financial services, through its diverse subsidiaries.
Its decisions must increase the value of the firm, which is valued 100 at the commencement of the resolution process, to at least 101 the next year, 102 the year after, and so on,says IBBI.
‘nobody can control a technology’ but there will be certain framework from government stand point but ‘I don’t think that Web 3.0 can completely be regularised because there will always be certain loopholes.”
The step of producing electric cars is a part of company’s plan to make an electric vehicle ecosystem, with its own cars, two wheelers and batteries at a single plant in the state of Tamil Nadu.
The bank has also raised MCLR for loans of other maturities – shorter maturities at 7.35 per cent, six months at 7.65 per cent, two years at 7.90 per cent and three years at 8 per cent.
The company is also planning to tap in the western region of the country by the end of 2022 and has debuted its services in Mumbai in line with this mission.
An investment of around 1.4 lakh Cr has been planned to be pumped into six strategic areas which are Petrochemicals, Gas, Renewables, New Businesses (Consumer Retailing), E-mobility and Upstream.
Rakesh Jhunjhunwala was also called ‘India's Warren Buffett’ who was always bullish about the stock market. The Billionaire investor had founded Akasa Air few months ago, which commenced its first flight as recently as last week.
Micro enterprises account for 95% of total SMBs, small & medium put together hold the remaining 5% share and 55% of SMBs are located out of urban cities whereas 45% are situated in rural areas.
VIP Industries, the luggage maker has set target on growing the premium segment through its brand-Carlton‘ and is looking to open 25 stores in 2016-17.
When we talk about the cosmetics business, there are trends and ideas coming up every now and then. Nail care and art business is one such trend which is steaming up the Indian cosmetics industry.
As Dosa is considered as a must have food in one’s lifetime, as reported by a credible International survey, therefore, there is no chance of business of Dosa ever witnessing recession. Invest in this deliciously lucrative opportunity.
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