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BENGALURU: The market size of the Indian enterprise fintech sector is projected to reach $20 billion, according to a report by venture capital firm Chiratae Ventures and finance consultancy Digital Fifth. The market size of the enterprise fintech sector was reported to be at $2.7 billion in 2022. The BFSI industry is rapidly transforming, driven […]

The post Indian Enterprise Fintech Sector May Reach $20 Billion: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

BETUL, GOA: India will invest $67 billion in the gas sector over the next 5-6 years as part of an “unprecedented amount” of funds being put in to develop energy infrastructure, said Prime Minister Narendra Modi on Tuesday. Speaking at the second edition of the India Energy Week (IEW) in Betul in South Goa, Modi […]

The post India To Invest $67 Billion In 5-6 Years For Developing Gas Sector: PM Modi first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Enforcement Directorate and the Financial Intelligence Unit have asked the RBI to share its report on the recent action taken to bar Paytm Payments Bank Ltd from accepting deposits or top-ups in customer accounts, official sources said on Tuesday. Federal agencies ED and FIU, tasked with checking violations under the Prevention of […]

The post FIU, ED Seek Report From RBI on Paytm first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI/NEW DELHI: Facing an uncertain future following severe restrictions imposed by RBI, Paytm brass has held talks with FM Nirmala Sitharaman and the regulator, in a bid to impress upon them to reverse the decision. While executives of the bank, including founder Vijay Shekhar Sharma, met RBI officials on Monday, they called on the FM […]

The post Paytm Top Brass Meets FM, RBI Officials Amid Stiff Curbs first appeared on Latest India news, analysis and reports on IPA Newspack.

Recognized for Leadership and Excellence in Smart Buildings Solutions Space TOKYO, JAPAN – Media OutReach Newswire – 7 February 2024 – Azbil Corporation (Tokyo Stock Exchange Code: 6845) announced that it has won the 2023 Southeast Asia Company of the Year Award, Smart Buildings Solutions, for two consecutive years from global growth strategy consulting firm Frost & Sullivan as part of their 2023 Asia-Pacific Best Practices Awards. […]

Discover Japan’s Hidden Treasures: Unveiling “FUN! JAPAN-KIZUNA” – The Gateway to In-Depth Insights through Local Interaction on online bulletin board TOKYO, JAPAN – Media OutReach Newswire – 7 February 2024 – Fun Japan Communications, a JTB Group company that operates “FUN! JAPAN,” has launched a new service, “FUN! JAPAN-KIZUNA”. FUN! JAPAN has been continuously conducting activities such as information dissemination, campaigns, and events related to the attractions […]

Equipped with local and global industry insights, it serves as a one-stop destination for discovering comprehensive F&B solutions and fostering collaborative innovations for sustainable success SINGAPORE – Media OutReach Newswire – 7 February 2024 – Nestlé Professional, a global leader in the food and beverage (F&B) industry, has unveiled its latest initiative aimed at transforming the way it engages with food-service operators. The newly inaugurated Customer Engagement […]

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SINGAPORE – Media OutReach Newswire – 7 February 2024 – JustCo, Asia’s leading flexible workspace provider, has today announced its new partnership with Razer, the world’s leading lifestyle brand for gamers, to elevate hot-desking experiences, starting with JustCo The Centrepoint. Members can now head to the brand-new Razer Experience Zone, to try out the award-winning Razer Fujin mesh gaming chairs and Razer’s Pokémon Edition Peripherals. This immersive […]

Five veterans associated with large electronics companies have come together to start a new venture – Awesense Five Pvt Ltd – for design and manufacturing sensors. The sensors play a pivotal role in monitoring and control systems, making their domestic manufacturing a priority. Due to their sensitivity and strategic importance, dependence on imports poses a […]

The post Electronics Industry Veterans Unite To Form ‘Awesense Five’ For Sensor Manufacturing first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Banks have witnessed strong growth corporate loans in the third quarter, driven by demand from companies in the infrastructure and power sector. With economy expected to grow at a faster pace and the government’s focus on strengthening the infrastructure, lenders expect the corporate loan demand to remain firm in the coming quarters. “We have […]

The post Infrastructure Drives Banks’ Corporate Loan Growth first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Leading FMCG companies are betting on a gradual recovery in rural demand this year on the back of improving macroeconomic conditions, continued government spending and price cuts. Many companies said the industry continued to witness sluggish rural demand in the December quarter with the urban consumption continuing to outpace rural demand. On the […]

The post FMCG Companies Betting On Gradual Rural Demand Recovery This Year first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Capital market regulator SEBI will soon widen the ambit of large, mid and small cap stocks based on their market capitalistion after the dizzying rally in equity markets last year. Mutual funds have moved SEBI to enhance the large-cap classification from top-100 companies in terms of market capitalisation to 125. Subsequently, mid-cap will now […]

The post SEBI May Enhance Large-Cap Stocks Categorisation first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Food Safety and Standards Authority of India (FSSAI) on Monday said that various amendments in food safety regulations have been approved to to do away with Bureau of Indian Standards (BIS) or Agmark certifications for food products. In line with the concept of “One Nation, One Commodity, One Regulator”, the food safety […]

The post FSSAI Approves Amendments In Regulations To Do Away With Agmark, BIS Certification For Food Products first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The department of telecommunications (DoT) is examining methodologies to directly allocate spectrum to enterprises like Infosys, Tejas Networks, Tata Communications, Tata Power, Larsen & Toubro, GMR, Capgemini, etc. It has set up an internal study group to suggest ways to achieve the objective. Officials said that direct allocation of spectrum to these enterprises […]

The post Direct Spectrum Allocation For Private 5G Being Looked At first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Organization for Economic Co-operation and Development (OECD), in its latest interim economic outlook released on Monday, raised India’s growth outlook for 2024-25 (FY25) to 6.2 per cent from the 6.1 per cent estimated earlier in its November outlook. “The emerging-market (EM) economies have generally continued to grow at a solid pace, despite […]

The post OECD Marginally Raises India’s GDP Growth Forecast To 6.2% For FY25 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Services sector activity expanded at the fastest pace in six months in January, as buoyant international and domestic demand contributed to rising new business orders, according to results of a private sector survey released Monday. HSBC India Services PMI Business Activity Index rose to 61.8 in January as compared with 59 in the […]

The post Services PMI Expands At Fastest Pace In Six Months In January first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India may allow at least four state-owned banks to raise funds or expand their public float in the first half of the next fiscal year to accelerate their lending business and improve public participation, said people familiar with the development. The four lenders include Punjab National Bank (PNB), which is targeting a follow-on […]

The post Four Public Sector Banks May Get Approval To Raise Funds In H1 Of FY25 first appeared on Latest India news, analysis and reports on IPA Newspack.

HONG KONG SAR – Media OutReach Newswire – 6 February 2024 – Today, CPA Australia submitted a series of recommendations for possible inclusion into Budget 2024-25 to the Hong Kong SAR Government. With an estimated HK$127 billion fiscal deficit for the financial year 2023-24 and HK$708 billion of fiscal reserves, CPA Australia urges the Government to make announcements in the upcoming budget that balance the need to […]

BEIJING, CHINA – Media OutReach Newswire – 6 February 2024 – On February 5th, the highly anticipated Yuewen Global IP Awards, which was grandly held in Singapore, made its debut broadcast on Tencent Video. This marked a significant milestone for the prestigious awards ceremony as it expanded its reach beyond national borders, reflecting its ambition to establish a global presence. Chinese Culture and Entertainment Group Yuewen Expands […]

KPMG Pulse of Fintech – H2′ 2023 Singapore’s AI funding soared by 77 percent to US$481.21 million in 2023 across 24 deals, signifying increasing faith in AI’s potential. Singapore’s crypto, payment, and insurtech sectors showed resilience amid market fluctuations, with investors evolving their strategies. Global fintech funding halved from US$196.6 billion (7,515 deals) in 2022 to US$113.7 billion (4,547 deals) in 2023, paralleled by a 68 percent […]

HONG KONG SAR – Media OutReach Newswire – 6 February 2024 – After a somewhat turbulent 2023, which ultimately turned out much better than expected, 2024 is shaping up to be as decisive as it is uncertain, both in (geo)political terms, with more than 60 national elections – presidential and/or legislative – and in economic terms, with risks mounting on a still slowing global economy. In this […]

NEW DELHI: Fast-moving consumer goods (FMCG) companies have reported single-digit volume growth with improved margins in most segments during December quarter, helped by moderating commodity inflation, though operating environment remained challenging. “Some of the companies also reported a decline in their topline numbers, as they extended the benefits of softening commodity prices to the consumer […]

The post FMCG Firms Report Single Digit Growth With Better Margin In Q3 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Billionaire Mukesh Ambani has been ranked first among all Indians and second globally in the Brand Guardianship Index 2024 compiled by Brand Finance. “The chairman and managing director of Reliance Industries Ltd overtakes the likes of Microsoft’s Satya Nadella, and Google’s Sundar Pichai to be ranked No.2 globally only behind Tencent’s Huateng Ma. […]

The post Mukesh Ambani No.2 Globally In Brand Guardianship Index first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: ONGC, IOC and other oil PSUs will invest about Rs 1.2 lakh crore in the coming fiscal starting April 1 in oil and gas exploration, refineries, petrochemicals and laying pipelines to meet the needs of the world’s fastest-growing energy consuming nation. The investment proposed in 2024-25 is 5% higher than Rs 1.12 lakh […]

The post ONGC, IOC, Other Oil PSUs To Invest Rs 1.2 Lakh Crore In FY25 first appeared on Latest India news, analysis and reports on IPA Newspack.

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