Wednesday, October 12, 2022

In Pics | Shortage of willows worries Kashmir’s cricket bat makers

In Pics | Shortage of willows worries Kashmir’s cricket bat makers Kashmir’s dwindling willow plantations are impacting the region’s famed cricket bat industry and risking the supply of cricket bats in India, where the sport is hugely followed. The industry employs more than 10,000 people and manufactures nearly a million bats a year. Most are sold to Indian tourists, while the rest are exported to Indian cities and other countries.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/in-pics-|-shortagewillows-worries-kashmir’s-cricket-bat-makers_16651301.html

AU Small Finance Bank hikes fixed deposit rates by 60 bps

AU Small Finance Bank hikes fixed deposit rates by 60 bps The increased rates have come to effect from October 10, 2022. The bank has hiked the fixed deposit rates by up to 60 basis points for retail deposits from flagship 6.9 per cent to 7.5 per cent for regular customers and 7.4 per cent to 8 per cent for senior citizens, it said in a release.

from Moneycontrol Business News https://ift.tt/J6qihL4

Yoho raises Rs 20 crore in funding round

Yoho raises Rs 20 crore in funding round The fresh funds raised in the Series A round will be used to create capabilities for new product propositions and sustainable manufacturing standards, Yoho said in a statement.

from Moneycontrol Business News https://ift.tt/HBh2IZM

Mercedes-Benz reports 28% rise in sales in India at 11,469 units in January-September

Mercedes-Benz reports 28% rise in sales in India at 11,469 units in January-September The company had sold 8,958 units in the same period last year, Mercedes-Benz India said in a statement.

from Moneycontrol Business News https://ift.tt/5q8HVlD

Meet the app that helps gig workers know how much they really make

Meet the app that helps gig workers know how much they really make The app offers a tiny form of resistance for drivers — who get paid by the job, and not the hour — against the dominance of the large companies that dispatch millions to deliver pizza, groceries, prescriptions or marijuana at the tap of a button

from Moneycontrol Business News https://ift.tt/6aGKHcf

Tuesday, October 11, 2022

Top Cryptocurrency News on October 12: Bitcoin trades at Rs 16.25 lakh, G20 to review OECD#39;s crypto framework and more

Top Cryptocurrency News on October 12: Bitcoin trades at Rs 16.25 lakh, G20 to review OECD#39;s crypto framework and more A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum, and NFT to help jump-start the day

from Moneycontrol Business News https://ift.tt/rQ4Ts7M

RCF inks pact with German firm#39;s arm for long-term supply of MoP

RCF inks pact with German firm#39;s arm for long-term supply of MoP The memorandum of understanding (MoU) was signed on October 6 between RCF and K Plus S Middle East FZE DMCC, which is the subsidiary of German firm K S Minerals and Agriculture GmbH.

from Moneycontrol Business News https://ift.tt/OQpy1mt

Suzlon to weigh selling off non-core assets after Rs 1,200-crore rights issue

Suzlon to weigh selling off non-core assets after Rs 1,200-crore rights issue “The Suzlon board will meet at the end of this quarter to discuss how and whether we want to divest the non-core assets that we have identified,” CFO Himanshu Mody added

from Moneycontrol Business News https://ift.tt/DIwU36g

Hardeep Singh Puri launches Offshore Bid Round; promises transparency, efficiency to investors

Hardeep Singh Puri launches Offshore Bid Round; promises transparency, efficiency to investors In a keynote address to industry leaders in Houston, the Union Petroleum and Natural Gas Minister described the initiatives taken by his Ministry in accelerating the exploration and production activities in India.

from Moneycontrol Business News https://ift.tt/ay4T5MC

Safex Chemicals acquires UK#39;s Briar Chemicals for 73 million pounds

Safex Chemicals acquires UK#39;s Briar Chemicals for 73 million pounds Briar Chemicals is the UK#39;s leading agrochemicals Contract Development and Manufacturing Organisation (CDMO).

from Moneycontrol Business News https://ift.tt/ZPKLjch

Monday, October 10, 2022

Wales govt to discuss with Welsh companies on investing in Gift City in Kochi

Wales govt to discuss with Welsh companies on investing in Gift City in Kochi Apart from that, a decision was also taken to sign a Memorandum of Understanding (MoU) with the Wales government to send health professionals from Kerala to the European country, the Chief Minister#39;s Office (CMO) said in a statement issued on Monday.

from Moneycontrol Business News https://ift.tt/8xfsnCH

LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...