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By P. Sudhir A small US investor firm has challenged the Indian behemoth, the Adani group, and shaken it to its foundations.  The Hindenburg Research, a short selling firm, brought out a 129-page report on the Adani group marshalling evidence of all the funding operations and offshore activities of the 578 subsidiaries and shell companies […]

The post Investigation Into The Entire Business Activities Of Adani Group Is Imperative first appeared on IPA Newspack.

Adani Enterprises Ltd has called off its Rs 20,000-crore share sale, saying it would not be “morally correct” in the current market condition. Adani Enterprises chief Gautam Adani has said although the FPO closed successfully yesterday, “the market has been unprecedented (today), and our stock price has fluctuated over the course of the day”. “Given […]

The post Adani ditches share issue on ‘moral’ grounds first appeared on IPA Newspack.

ShopUp, the largest full-stack B2B commerce platform in Bangladesh, announces a major milestone in securing $30 million in debt financing. The $30 million financing round was comprised of $20 million from Lendable, the global provider of debt to fintech companies in emerging markets, marking their first investment in South Asia. DHAKA, BANGLADESH – Media OutReach – 2 February 2023 – ShopUp, the largest full-stack B2B commerce platform […]

TAIPEI, TAIWAN – Media OutReach – 2 February 2023 – Asian Stationery & Office Products Online Exhibition (ASOP 2023) is a virtual and physical integration targeting Asian suppliers, importers, and exporters. It will be exhibited from January 9 to April 30, 2023, and is expected to bring an excellent opportunity for exhibitors to expose their brands. This transnational trade event, jointly organized by AsianNet and TradeAsia (www.e-tradeasia.com), […]

Samajwadi Party chief Akhilesh Yadav on Wednesday said the Union Budget for 2023-24 has given “nirasha” (despair) instead of “asha” (hope) to people of the country. He also claimed that the budget further increases inflation and unemployment. Finance Minister Nirmala Sitharaman presented the budget for the fiscal year 2023-24 in Lok Sabha on Wednesday and […]

The post ‘Nirasha’ instead of ‘asha’ to Indians, says Akhilesh Yadav first appeared on IPA Newspack.

By K Raveendran Increased tax collections in view of a post-Covid pickup in the economy, easing of commodity prices as part of a global trend and lower subsidies on account of a reduction in food and fertilizer subsidy, apart from the withdrawal of Covid-related reliefs have given finance minister Nirmala Sitharaman a lot of elbow […]

The post Relatively Favourable Conditions Help Finance Minister Go For A Capex Boost first appeared on IPA Newspack.

The Union Budget is not people-friendly as it has been prepared keeping in mind the interests of a few businessmen, People’s Democratic Party (PDP) chief Mehbooba Mufti alleged on Wednesday. Talking to reporters here, the former Jammu and Kashmir chief minister said the budget presented by Union Finance Minister Nirmala Sitharaman is the same as […]

The post Budget not people-friendly, says Mehbooba Mufti first appeared on IPA Newspack.

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Robust and resilient Customer Identity and Access Management (CIAM) exists at the vanguard of identity security SINGAPORE – Media OutReach – 1 February 2023 – Okta, Inc. (NASDAQ: OKTA), the leading independent identity provider, today unveiled the APAC findings of its second annual State of Secure Identity Report highlighting key areas of concern for security professionals tasked with managing digital identities, including the exponential rise of fraudulent […]

SINGAPORE – Media OutReach – 1 February 2023 – Chubb has announced the appointment of Omar Ghaznawi as Regional Head of International Personal Lines (IPL) for the Asia Pacific region, effective 1 February 2023. He will be responsible for managing and developing the region’s automobile, residential, specialty personal lines, and high-net-worth insurance businesses. Omar is currently based in New York as Vice President, Global Head of Residential, […]

Backbase recognized for excellence in Celent international digital banking awards SINGAPORE – Media OutReach – 1 February 2023 – Backbase, the Engagement Banking platform leader, was recently named a winner of several xCelent Awards in Celent’s digital banking-themed reports, covering retail and small business banking internationally. These awards continue the strong recognition Backbase has received from the analyst community and the ability to help customers win in […]

Workato was recognized for its Customer Experience with 4.9/5 ratings in Gartner Peer Insights and Market Responsiveness delivering 450 releases in the past 12 months. SINGAPORE – Media OutReach – 31 January 2023 – Workato, the leading enterprise automation and integration platform, announced today that it has again been recognized as a Leader in the 2023 Gartner® Magic Quadrant™ for Integration Platform as a Service. Workato has […]

Begins 2023 by cutting interest rates on some products and offers base rate trackers GUERNSEY – Media OutReach – 31 January 2023 – Skipton International, the award winning Guernsey-licensed bank, has announced the launch of limited company buy-to-let lending giving customers an additional financing option for growing UK property portfolios. Roger Hughes – Skipton International According to Hamptons, a leading UK estate and letting agency and part […]

Builds on its successful listings on OKX, Kucoin, Bybit, Gate, and Huobi SINGAPORE – Media OutReach – 31 January 2023 – Oasys, a gaming-optimised blockchain built by gamers for gamers, is excited to announce its upcoming listing on bitbank, a leading Japanese crypto exchange. This listing will further enhance the liquidity and accessibility of the Oasys network, which is already listed on five centralised exchanges, OKX, Kucoin, […]

By Kalyani Shankar One of the important businesses in Parliament is the annual budget presentation. This year too, on February 1, Union Finance Minister Nirmala Sitharaman will present the 2023 budget. Why is a budget important? It gives a bird’s eye view of the government’s fiscal policy and how it will distribute resources. The 2023 […]

The post Narendra Modi Govt’s Last Full Budget On February 1 May Have Some Surprises first appeared on IPA Newspack.

By Arun Srivastava In one stroke the empire of the world’s third richest till the other day, Gautam Adani, which he had built on the edifice of dishonesty and crony capital has been crashed. The assault has come from the US-based Hindenburg Research which charged the Adanis of being “engaged in a brazen stock manipulation […]

The post Hindenburg Exposure Underlines Patronage Of Ruling Govt To Adani Group Companies first appeared on IPA Newspack.

By Subrata Majumder Chinese official English daily “Global Times” reiterated recently in its column that India’s policy initiative to reduce imports from China would backfire. It said “India needs integration, not protection”. In another argument, given the Apple’s Inc shifting to India, Global Times jeered, “Apple, facing softening demand, can hardly make India a manufacturing […]

The post India’s Imports Of Components From China Are Finally Coming Down first appeared on IPA Newspack.

Both companies are striving for net zero carbon emissions by 2050 and prioritize green operations as part of their ESG agenda BANGKOK, THAILAND – Media OutReach – 30 January 2023 – In a joint effort to drive a greener supply chain, Big C Supercenter, “The Thai Retailer with Customers at its Heart” the leading grocery retailer in Thailand, and DHL Supply Chain Thailand, the global market leader […]

By P. Sreekumaran THIRUVANANTHAPURAM: There is no mistaking it. Kerala has erased its image of being an investment-hostile State despite the campaign of misinformation being peddled day in and day out by the Opposition parties. Two recent developments have knocked the stuffing out of the argument of the Cassandras and doubting Thomases.  Firstly, Kerala’s Startup […]

The post Kerala Is Now Attracting Large Number Of Investors first appeared on IPA Newspack.

The Congress must be the “fulcrum” of any Opposition alliance to take on the BJP in the 2024 general elections as no coalition can be “meaningful” or “relevant” without it, senior leader Jairam Ramesh said on Saturday. The Congress general secretary also said that in his view, the Congress should be preparing to fight on […]

The post Cong wants to be fulcrum of any opposition alliance first appeared on IPA Newspack.

By K Raveendran ‘Insha Allah’ is a term used extensively by Arabs and Muslims across the world to mean ‘god willing’. But according to Arabic linguists, Insha Allah means ‘only if god willing’. There is a subtle difference between the two usages, the former denoting a lot more optimism than what may be warranted. This […]

The post God Can’t Save Pakistan From Its Present Predicament, Only IMF Can first appeared on IPA Newspack.

By Dr. Gyan Pathak PM Narendra Modi’s assertion during his very first “Rozgar Mela” of 2023, that opportunities for employment and self-employment are continuously improving, was made in contradiction to the facts. There’s a serious distortion in the Indian job market which needs urgent redressal, instead of hollows claims that enormously understate the extraordinary sufferings […]

The post Serious Distortion In Indian Job Market Needs Urgent Redressal first appeared on IPA Newspack.

Matein Khalid If banks were people, Standard Chartered Bank (SCB) would be a plain Jane spinster, always a bridesmaid but never a bride, jilted at the altar by her suitors and now at the nikah by First Abu Dhabi Bank. I had a near heart attack when I saw the shares rise 20% in London as the grapevine said a major Abu Dhabi bank was going to bid for […]

By Saifur Rahman  The total value of land and property sale and mortgage jumped 76.5 percent to US$143.86 billion (Dh528 billion) in 2022, from US$81.74 billion (Dh300 billion), in 2021, according to the Dubai Land Department, the emirate’s land and property registry. This is the first time the land and property transactions value crossed the Dh500 billion record and marks a new milestone in the history of […]

VinBrain will collaborate with Microsoft in data sharing, product cross-validation, and product research & development. VinBrain is the first Vietnamese customer to sign a formal collaboration agreement with Microsoft to develop AI-powered healthcare services HANOI, VIETNAM – Media OutReach – 26 January 2023 – VinBrain, one of Vietnam’s leading technology companies, is working to transform global healthcare through its AI products. One of VinBrain’s primary products is […]

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