December 5, 2024, New Delhi, India – Global technology brand OnePlus today announced an annual investment of ₹2,000 crores over the next three years to accelerate innovations in products and services in India. This investment plan was launched under the name of Project Starlight as a strategic vision for the brand’s future investment in the region. “At OnePlus, we are …
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The Money Club raises $2.5M in Series A Funding to Empower Financial Inclusion for India’s Lower Middle-Class
~ The funding round was led by Prudent Investment Managers and supported by existing investors like Venture Catalysts, LetsVenture, Z21 & Supermorepheus. ~ New Delhi, 5th December 2024: The Money Club, an on-demand liquidity platform, has raised $2.5 million in their Series A funding round led by Prudent Investment Managers. The round also welcomed new investors which included HNIs from …
Read More »Japan Credit Rating Agency awards SMFG India Credit AA- Rating, 4 notches above India’s Sovereign Rating
National, 05 December 2024: SMFG India Credit (SMICC), a wholly-owned subsidiary of Sumitomo Mitsui Financial Group (SMFG), has been awarded an international credit rating of “AA-” with a stable outlook by the Japan Credit Rating Agency (JCR). This exceptional outcome places SMICC four notches above India’s sovereign rating and only one notch below its parent financial group SMFG’s own “AA” …
Read More »News18 Bangla presents an exclusive edition of Soja Sapta featuring Mamata Banerjee
~ Mamata Banerjee will share her insights on critical matters affecting both the state and the nation~ News18 Bangla’s Soja Sapta, the highly regarded prime-time debate show, is set to host a historic event featuring West Bengal’s Chief Minister Mamata Banerjee. Known for addressing the state’s most pressing issues, the show has established itself as a crucial platform for discussions, bringing together politicians, …
Read More »Muthoot Microfin Slashes Lending Rates for the Third Time in 2024, Easing Access to Affordable Credit
25 bps on group loans and 125 bps on third-party product loans Bengaluru, 4th December 2024: Muthoot Microfin (NSE: MUTHOOTMF, BSE: 544055), a leading microfinance institution headquartered in Kerala, has announced its third interest rate reduction of the year, furthering its goal of making financial services more accessible and affordable. The microfinance institution has reduced lending rates by 25 bps …
Read More »Indian REITs Association and Bharat InvITs Association Host First Awareness Programme in Hyderabad for Retail Investors
Hyderabad, December 4, 2024: The Indian REITs Association (IRA) and Bharat InvITs Association (BIA) jointly hosted their first product awareness programme in Hyderabad today, aimed at enhancing investor understanding of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). This programme seeks to educate investors, promote the adoption of REITs and InvITs, strengthen the operating and regulatory environment, deepen capital …
Read More »INDIAN GAS EXCHANGE GAS MARKET UPDATE, NOVEMBER 2024
GIXI – AVG. PRICE FOR GAS DELIVERIES DURING NOVEMBER’24 WAS RS. 1,103/$13/MMBTU; ALMOST FLAT MoM ? TRADES 2.5 MILLION MMBTU (63 MMSCM) GAS VOLUME IN NOVEMBER’24; DECLINE OF 12% YoY ? TOTAL 131 TRADES EXECUTED DURING THE MONTH ? NAYARA ENERGY LIMITED JOINED AS PROPRIETARY MEMBER Bengaluru, Wednesday, 04 December 2024: Gas IndeX of India (GIXI) for November 2024 was …
Read More »PURE EV Announces Aggressive Nationwide Expansion, PuREPower, and Global Growth Plans
Bengaluru, 4th December 2024– PURE EV, one of India’s leading electric two-wheeler manufacturers, has unveiled an ambitious roadmap to strengthen its presence nationwide and expand globally while introducing innovative solutions for sustainable mobility. Over the next 30 months, the company aims to add 250 new dealerships, taking its total network to over 320 across India. The expansion will be driven …
Read More »Jawa Yezdi Motorcycles Joins Hands with Indian Navy to Commemorate 53rd Navy Day with Ten-Day Motorcycle Rally Across Western Coast
Bengaluru, December 4, 2024 – The Indian Navy and Jawa Yezdi Motorcycles announce the ongoing “Ride of the Marakkars” motorcycle rally, a momentous tribute to India’s rich maritime heritage and naval prowess. The rally commenced on December 2nd from INS Kunjali in Mumbai with a convoy of 22 motorcycles, led by senior officers of the Indian Navy. This historic journey …
Read More »Delta to Provide Made-in-India High-efficiency Rectifiers to ThunderPlus for its Fast Chargers for Low Voltage 2W and 3W EVs
India, December 4th, 2024 — Delta Electronics India announced today the signing of an MOU with ThunderPlus, a leading two-wheeler (2W) and three-wheeler (3W) electric vehicle (EV) charging solutions provider. Under the aforementioned agreement, Delta will provide advanced high-efficiency 4kW rectifier modules, made at its new large manufacturing site in Krishnagiri, Tamil Nadu, to support ThunderPlus’ fast chargers for the …
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