Ghulam Nabi Azad has quit Congress. Azad said in his resignation letter that the 23 leaders who wrote to point out weaknesses in the party were abused, insulted, humiliated, vilified The Congress, he said, has lost both the will and the ability under tutelage of the coterie that runs the AICC to fight for what […]
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PERFORMANCE HIGHLIGHTS The Group posted a consolidated revenue of approximately RMB196.1 million for the six months ended 30 June 2022, representing an increase of approximately 14.1% Gross profit increased by 9.9% to RMB86.4 million Net profit increased by 13.1% to approximately RMB49.9 million The increase in revenue was primarily driven by the surge in revenue generated from the sales of Vigour and Vitality Supplement Pill, Fever-removing and […]
The report explores the current state of the logistics industry and its impact on global trade and the supply chain BERLIN, GERMANY – Media OutReach – 24 August 2022 – Global Fintech MODIFI, today released its Global Supply Chain Disruptions: H2 2022 Prediction Report .In this report, Industry experts from around the world weigh in on their predictions for how supply chains will change and businesses must […]
Reserve Bank of India governor Shaktikanta Das has once again came down heavily upon cryptocurrencies, saying that the digital assets can create a lot of financial instability in terms of the ability of the central bank to determine monetary policy. Das’ comments came in sync with his and the RBI’s general views on cryptocurrencies, which has […]
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HONG KONG SAR – Media OutReach – 24 August 2022 – Best Mart 360 Holdings Limited (“Best Mart 360” or the “Company”, together with its subsidiaries, the “Group”; stock code: 2360.HK), a leisure food retailer in Hong Kong, announced that Mr. Lin Tsz Fung and Ms. Hui Ngai Fan entered into a memorandum of understanding ( the “MOU”) with China Merchants Hoi Tung Trading Company Limited (the […]
LIC Housing Finance and Bajaj Housing Finance have recently announced a hike in lending rates for home loans by 0.5 per cent. Banks and non-bank lenders have been reviewing their lending rates ever since the Reserve Bank of India (RBI) increase its key interest rate by 140 basis points in three tranches since May 2022. On Monday, […]
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Leading economists have pencilled in a high 13-15.7 per cent uptick in the economy in the first quarter of 2022-23 with an upward bias. Soumya Kanti Ghosh, the group chief economic adviser at State Bank of India, on Tuesday said he expects the GDP to clip past 15.7 per cent in the first quarter with […]
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Trusted friend, guru and ace investor-entrepreneur Radhakishan Damani is understood to be the main trustee of ace investor Rakesh Jhunjhunwala’s estate. The other trustees include Kalpraj Dharamshi and Amal Parikh, both confidantes of Jhunjhunwala. Jhunjhunwala’s firm Rare Enterprises will continue to be managed by his two trusted lieutenants Utpal Seth and Amit Goela. Utpal Sheth […]
The post Radhakishan Damani to head Rakesh Jhunjhunwala Trust first appeared on IPA Newspack.
Shares of One97 Communications, which operates the financial services platform Paytm, gained nearly 4 per cent on Monday after shareholders of the company approved the re-appointment of Vijay Shekhar Sharma as managing director and chief executive officer of the company. The resolution to reappoint Vijay Shekhar Sharma as Paytm’s chief executive officer and managing director […]
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The government has no plan to import wheat into India and the country has sufficient stocks to meet its domestic requirements and the Food Corporation of India (FCI) has enough stock for public distribution. The Department of Food & Public Distribution said this on Sunday in response to media reports that government authorities are making […]
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The impact of recent changes to GST rates and somewhat uneven distribution of the southwest monsoon rainfall with the deficiency in the eastern region of the country could be a source of upward pressure on prices, according to the minutes of the RBI’s Monetary Policy Committee (MPC). It also said some rise in GST tax […]
The post GST rate hikes to pressure prices upwards: RBI first appeared on IPA Newspack.
More than 80% of Shopee’s Sellers Are Building Consumer Loyalty With Value Beyond Price KUALA LUMPUR, MALAYSIA – Media OutReach – 22 August 2022 – A new study of over 3,300 buyers and 2,100 sellers across Malaysia by online marketplace platform Shopee on its users, examines the impact Malaysians are making on the economy through their continued online shopping behaviours. Celebrating the Heart of Malaysia on E-Commerce […]
CMHK also introduces Home Wi-Fi Assistant Service at HK$88 per month, with free installation offered to new customers. HONG KONG SAR – Media OutReach – 18 August 2022 – CMHK Home, a smart-home product line developed by China Mobile Hong Kong (CMHK), launches its new Wi-Fi 6E product today. CMHK is the first telecommunications services provider to launch the TP-Link Deco XE75 Wi-Fi 6E Router with a […]
The updated practical handbook supports financial advisors in understanding the unique features of HNW life insurance and how it can help protect their customers’ wealth HONG KONG SAR – Media OutReach – 19 August 2022 – Transamerica Life (Bermuda) Ltd. (TLB), a leading High Net Worth (HNW) life insurer, in partnership with Hubbis (HK) Limited (“Hubbis”), announced the release of the updated “Guide to HNW Life Insurance […]
Amid an eventful two days for the Congress in Karnataka after Leader of Opposition Siddaramaiah’s car was attacked with eggs in Kodagu on Thursday, the grand old party went a step ahead and alleged that the chief minister’s post in the state was “for sale”. Leader of opposition in the Karnataka legislative council, BK Hariprasad […]
The post Cong claims Rs 2,500 crore bid for Karnataka CM post first appeared on IPA Newspack.
Bhutan will ban the import of all vehicles except utility vehicles, heavy earthmoving machines and agriculture machinery to save dwindling foreign exchange reserves, the government said in a notice seen by Reuters on Friday. Nestled between China and India, the country of fewer than 800,000 people is grappling with the effects of soaring oil and […]
The post Bhutan faces Lanka-type crisis as forex reserves plummet first appeared on IPA Newspack.
India does not plan to curb rice exports as the world’s biggest exporter of the staple has sufficient stocks and local rates are lower than state-set support prices, trade and government sources said. India banned wheat exports on May 14, just days after New Delhi forecast record shipments of 10 million tonnes this year, as […]
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More customisation and colour options available to help homeowners achieve their personal aesthetics SINGAPORE – Media OutReach – 19 August 2022 – Samsung Electronics Singapore today announced the expansion of its Bespoke Home, including new Bespoke Refrigerator personalisation options and a new colour for Bespoke Jet™ to provide homeowners versatility to express their individuality within their living spaces. Homeowners can build their dream homes with the new […]
Revenue Up 3.2% to RMB1,398 Million Net Profit Amounts to RMB257 Million Interim Dividends of HK18 Cents Per Share HONG KONG SAR – Media OutReach – 19 August 2022 – China Lilang Limited (“China Lilang” or the “Company”, together with its subsidiaries the “Group”; stock code: 1234) has today announced its 2022 interim results. Results Highlights Revenue increased by 3.2% to RMB1,398 million Net profit was RMB257 […]
Elon Musk has terminated the $44 billion Twitter deal, citing that the microblogging platform had failed to provide him proper information on the fake accounts on its site. The billionaire notified the decision in an US SEC filing, accusing the social media company of breaching “multiple provisions of the agreement”. However, Twitter’s board in a […]
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Syrma SGS Tech IPO Opens Today: Syrma SGS Technology (SSTL) IPO opens for subscription today, August 12, 2022. The Rs 840 crore public offer will be available for subscriptions till August 18. Electronic manufacturing services firm Syrma said it has raised Rs 252 crore from anchor investors ahead of its initial share sale. Nomura, Kuber India […]
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The stock market witnessed healthy performance and closed at a four-month high in the last session following a decline in US inflation for July, but overall it was a rangebound session. The BSE Sensex rallied more than 500 points to 59,333, while the Nifty50 rose 124 points to 17,659. Results Today More than 700 companies including […]
The post Stocks: Aurobindo Pharma, LIC, ONGC, Hero MotoCorp, and others first appeared on IPA Newspack.
IRCTC Shares Today: Indian Railway Catering and Tourism Corporation (IRCTC) shares were trading lower in the opening trade on Thursday morning. IRCTC posted a 196 per cent surge in its net profit, at Rs 246 crore, for the quarter ending June 30, 2022-23 (Q1 FY23). It reported a net profit of Rs 82.5 crore in […]
The post IRCTC shares decline despite 251% jump in June quarter revenue first appeared on IPA Newspack.
