बिजनेस

Financial experts often recommend that investors should invest in funds that capture the near complete spectrum of the markets, in other words well diversified funds. One tends to gravitate towards large cap funds since they optically cover anywhere from ~80-85% of the market capitalization. Although large caps do represent the broader markets/indices, investors should recognize that these funds do not …

Jaipur, 07 January, 2019: The fourth edition of TransUnion CIBIL- SIDBI MSME Pulse Report shows that commercial credit growth recovery continues at 13.5% YOY growth in the Sep’18 quarter. The report further states that the total on-balance sheet credit exposure in India stood at ₹ 105.5 lakh crores as of Sep’18 of which MSME credit accounts for ₹24.7 lakh crores, …

Jaipur, 07th January, 2019: Navayuga Engineering Company Limited (NECL) a dominant player in the engineering and core infrastructure, today entered the Guinness Book of World Record for concrete pouring. The flagship entity of the INR 250 billion Navayuga Group which is currently building the world’s largest flood discharge capacity dam at Polavaram in Andhra Pradesh, successfully set two GUINNESS WORLD …

Jaipur, January 07, 2019: The Sherco TVS Factory Rally Team began their Dakar 2019 journey with a ceremonial flag off held in Lima, Peru today. This is the fifth consecutive participation of the team in the iconic Dakar Rally. This year, the team boasts of 4 riders – Michael Metge (France), Adrien Metge (France), Aravind KP (India) and Lorenzo Santolino …

How payments industry fared in 2018 and outlook for 2019 The Indian economy has traditionally been dominated by cash, where 95% of the consumers pay via cash or cheque. However, increasing internet penetration coupled with rising availability of smartphones have led many Indian consumers to shift to digital payment modes such as paying for goods and services through any electronic …

Jaipur, 5 th  January 2019: Kumbh Mela, the largest peaceful congregation of pilgrims on earth and recognised by UNESCO as an Intangible Cultural Heritage of Humanity, has a history that dates back to thousands of years. The grandeur of the cultural extravaganza celebrated at four different cities in India, over a period of 12 years, draws throngs of devotees seeking …

Jaipur, January 5, 2019: SpiceJet, the country’s favourite carrier, today announced the launch of 12 new non-stop flights and frequencies connecting metros and non-metros upon its domestic network. All the new flights are effective 20th January, 2019. SpiceJet will be the first Indian carrier to introduce daily direct flights on the Dehradun-Jammu, Dehradun-Jaipur and Dehradun-Amritsar routes. SpiceJet has also enhanced …

Jaipur, 05 January 2019: In a major relief, the Union Government has accepted apex body – The Gem & Jewellery Export Promotion Council’s (GJEPC’s) demand to grant IGST-related exemption on supply of gold by Nominated Agencies to exporters of articles of gold. The GST Council recently announced that gem & jewellery exporters will no longer have to pay 3% IGST …

Jaipur, January 05, 2019: In a first of its kind collaborative initiative in India between a pharmaceutical and medical device company, Eris Lifesciences (BSE: 540596; NSE: ERIS), one of the leading players in the chronic drugs segment and India Medtronic Pvt. Ltd, a wholly owned subsidiary of Medtronic plc (NYSE: MDT), the global leader in medical technology, today announced their …

Jaipur 5th  January 2019: ICICI Bank today announced that it has signed a Memorandum of Understanding (MoU) with Small Business FinCredit India Pvt. Ltd. (SBFC), a systemically important Non-Banking Finance Company for entrepreneurs, to jointly provide credit to MSMEs. The partnership has been forged under the aegis of RBI’s circular dated September 21, 2018 that permits banks to engage with …