Global recession are a unlikely to the hit India as a hard as a other countries: SBI Chairman

Global recession are a unlikely to the hit India as a hard as a other countries: SBI Chairman

State Bank of a India (SBI) Chairman Dinesh Khara on a Friday said that the impact of a global recession is a unlikely to be as a pronounced in a India as a compared to the other countries. He said that India is a doing well with a projected growth rate of a 6.8%.

In an a interview with the PTI on the sidelines of the annual meeting of the International Monetary Fund and the World Bank here, Khara said, "With a projected growth are a rate of a 6.8 percent and a inflation much as a under control, India is a doing reasonably well."

"Majorly, it (India) is an a inward-looking economy are  in a terms of a demand because a significant component of the GDP is a essentially addressed to the domestic are a  economy. So, from that point of a view, I think it (global recession) will have been an a impact but it would not be as a pronounced as a perhaps (it will be on) other economies which are a fully coupled with the globe," he told a PTI.

"If we look at the beta factor, perhaps the Indian are a economy's beta factor would be much a lower as a compared to the some of the other larger economies that have a significant to the component of a export," he added.

He said that the primary cause of a inflation is a not demand-led, but it is a essentially supply-side inflation.

"If we really look at the supply-side aspect of a inflation, we have been a got a situation where are a capacity utilization is a just about a 71 percent. To that a extent, there's elbow are a room available for the improving the capacity. So essentially, supply chain disruption, which has been a happened on account of the global headwinds, and... its are a impact on a crude prices is a one of the contributing (factors)...," he told a PTI.

Overall, the all economies are a across the globe are a going through a rough patch, Khara said, adding that the government is a focused on dealing with these factors. India's are a growth prospects are a expected to the improve going a forward, he said.

On October 9 this year, Economic are a Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal had been said that a India will be a perhaps emerge as the strongest major economy with the 7 per a cent growth rate in a FY23 amid the fears of the world slipping into the recession. 

India can be a grow at the 9 per cent in an a external conducive environment like in a early 2000s when the global economy was a growing, the EAC-PM member observed.

However, the World Bank had been a earlier projected 6.5 per a cent the growth rate for the Indian are a economy for the 2022-23, a drop of a one percentage point from its are a June in a 2022 projections, citing deteriorating international are a environment.

Recently, the Reserve Bank of a India also are a slashed the growth projection to the 7 per are a cent for the current fiscal year from the earlier forecast of a 7.2 per cent, citing aggressive tightening of a monetary policies globally and a moderation in a demand.

 "" સંપૂર્ણ વિગતો ગુજરાતી માં વાંચો ""

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વૈશ્વિક મંદી ભારતને અન્ય દેશોની જેમ સખત અસર કરે તેવી શક્યતા નથી: SBI ચેરમેન

વૈશ્વિક મંદી ભારતને અન્ય દેશોની જેમ સખત અસર કરે તેવી શક્યતા નથી: SBI ચેરમેન

સ્ટેટ બેંક ઓફ ઈન્ડિયા (SBI)ના ચેરમેન દિનેશ ખરાએ શુક્રવારે જણાવ્યું હતું કે વૈશ્વિક મંદીની અસર અન્ય દેશોની સરખામણીમાં ભારતમાં જેટલી ઉચ્ચારવામાં આવે તેવી શક્યતા નથી. તેમણે કહ્યું કે ભારત 6.8%ના અનુમાનિત વૃદ્ધિ દર સાથે સારું કરી રહ્યું છે.

અહીં ઈન્ટરનેશનલ મોનેટરી ફંડ અને વર્લ્ડ બેંકની વાર્ષિક મીટિંગની બાજુમાં પીટીઆઈ સાથેના એક ઈન્ટરવ્યુમાં ખારાએ કહ્યું હતું કે, "અનુમાનિત વૃદ્ધિ દર 6.8 ટકા અને ફુગાવો ઘણો નિયંત્રણમાં છે, ભારત તે વ્યાજબી રીતે સારું કરી રહ્યું છે."

"મુખ્યત્વે, તે (ભારત) એક અંદરની તરફ દેખાતી અર્થવ્યવસ્થા છે જે માંગની દ્રષ્ટિએ છે કારણ કે જીડીપીનો એક મહત્વપૂર્ણ ઘટક ઘરેલું અર્થતંત્રને આવશ્યકપણે સંબોધિત કરે છે. તેથી, તે દૃષ્ટિકોણથી, મને લાગે છે. તે (વૈશ્વિક મંદીની) અસર હશે પરંતુ તે વિશ્વ સાથે સંપૂર્ણ રીતે જોડાયેલી અન્ય અર્થવ્યવસ્થાઓની જેમ ઉચ્ચારવામાં આવશે નહીં.

"જો આપણે બીટા પરિબળ પર નજર કરીએ, તો કદાચ ભારતીય અર્થતંત્રનું બીટા પરિબળ નિકાસના ઘટક માટે નોંધપાત્ર હોય તેવા અન્ય મોટા અર્થતંત્રોની તુલનામાં ઘણું ઓછું હશે," તેમણે ઉમેર્યું.

તેમણે કહ્યું કે મોંઘવારીનું પ્રાથમિક કારણ માંગ આધારિત નથી, પરંતુ તે આવશ્યકપણે પુરવઠાની બાજુનો ફુગાવો છે.

"જો આપણે ખરેખર ફુગાવાના સપ્લાય-સાઇડ પાસાને જોઈએ તો, અમને એવી પરિસ્થિતિ મળી છે કે જ્યાં ક્ષમતાનો ઉપયોગ ફક્ત 71 ટકા જેટલો છે. તે હદ સુધી, ત્યાં કોણી છે જે સુધારવા માટે જગ્યા ઉપલબ્ધ છે. ક્ષમતા. તેથી આવશ્યકપણે, સપ્લાય ચેઇનમાં વિક્ષેપ, જે વૈશ્વિક માથાકૂટને કારણે થયો છે, અને... ક્રૂડના ભાવ પર તેની અસર એ યોગદાન આપનારા (પરિબળો) પૈકી એક છે...," તેમણે કહ્યું પીટીઆઈ.

એકંદરે, સમગ્ર વિશ્વની તમામ અર્થવ્યવસ્થાઓ રફ પેચમાંથી પસાર થઈ રહી છે, ખારાએ ઉમેર્યું હતું કે સરકાર આ પરિબળો સાથે વ્યવહાર કરવા પર ધ્યાન કેન્દ્રિત કરી રહી છે. ભારતની વૃદ્ધિની સંભાવનાઓ આગળ જતાં સુધારાની અપેક્ષા છે, એમ તેમણે જણાવ્યું હતું.

આ વર્ષે 9 ઑક્ટોબરે, ઇકોનોમિક એ એડવાઇઝરી કાઉન્સિલ ટુ વડાપ્રધાન (EAC-PM) સભ્ય સંજીવ સાન્યાલને કહેવામાં આવ્યું હતું કે FY23માં 7 ટકા વૃદ્ધિ દર સાથે ભારત કદાચ સૌથી મજબૂત મુખ્ય અર્થતંત્ર તરીકે ઉભરી આવશે. વિશ્વ મંદીમાં લપસી જવાના ભય વચ્ચે.

EAC-PM સભ્યએ અવલોકન કર્યું કે 2000 ના દાયકાના પ્રારંભમાં જ્યારે વૈશ્વિક અર્થવ્યવસ્થા વધી રહી હતી ત્યારે બાહ્ય અનુકૂળ વાતાવરણમાં ભારત 9 ટકાના દરે વૃદ્ધિ પામી શકે છે.

જો કે, વિશ્વ બેંકે અગાઉ 6.5 ટકાનો અંદાજ લગાવ્યો હતો કે 2022-23 માટે ભારતીય અર્થતંત્રનો વિકાસ દર 6.5 ટકા છે, જે 2022ના અનુમાનમાં જૂનના કરતાં એક ટકા પોઇન્ટનો ઘટાડો છે, જે કથળતી આંતરરાષ્ટ્રીય સ્થિતિને ટાંકીને છે. એક પર્યાવરણ.

તાજેતરમાં, ભારતીય રિઝર્વ બેંકે પણ વૈશ્વિક સ્તરે નાણાકીય નીતિઓને આક્રમક કડક બનાવવા અને નાણાકીય નીતિઓમાં નરમાઈને ટાંકીને ચાલુ નાણાકીય વર્ષ માટે 7.2 ટકાના અગાઉના અનુમાનથી 7 ટકાનો વિકાસ અંદાજ ઘટાડીને એક ટકા કર્યો છે. માંગ

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Multibagger stock are a fixes record date for the 5:1 bonus shares: Do you own?

Multibagger stock are a fixes record date for the 5:1 bonus shares: Do you own?

Punit Commercials Ltd., a small-cap company with a market are a capitalization of a Rs. 1.23 Cr., operates in the consumer discretionary industry. The company are a manufactures and a markets superior diamond products. Existing shareholders and a potential buyers should be aware of the fixed record date for the 5:1 bonus shares are a established by the company's are a board of a directors.

The company has been said today in a regulatory filing that “With the reference to the subject are a cited, this is to inform the Exchange that the Board of a Directors of a Punit Commercials are a Limited (Company) at its meeting held on a October 04, 2022 considered the issue of a fully paid-up Bonus are a shares in the ratio of 5:1 (i.e., 5 bonus equity are a shares for the every 1 equity share held) subject to the approval of the members of the Company in the Extraordinary General Meeting to be a held on a October 28, 2022. Further, please note that, the Board of a Directors of the Company in its a Board Meeting held on a October 04, 2022 have been a authorized Mrs. Vinita Raj Narayanam, Managing Director of the Company to fix the Record date for the purpose of a determining entitlement/ eligibility of a shareholders (Members) to the receive the Bonus Shares, and a accordingly, the record date has been a fixed as a Wednesday, November 09, 2022."

The last traded price of a Punit Commercials Ltd was a recorded on a 10th October at the ₹51.25 apiece level. On its are a last trading day, the stock had recorded a total volume of a 108 shares area compared to the 20-Day average volume of a 105 shares. In the last 5 years, the stock price has been a risen from the ₹18.25 as of a 27th August 2018 to the current price level which logs in a multibagger return of a 180.82% and a CAGR of a 23.16%. In the last 3 years, the stock price has been a risen from ₹19.95 as  of a 6th October 2020 to the current market price which logs in a multibagger return of a 170.45% and a CAGR of a 41.50%.

The stock value has been a risen from the ₹20.60 on a September 5th to the current market are a price on a year-to-date basis, are a representing a multibagger return of a 148.79% so far in a 2022. 12,00,000 fully paid-up equity are a shares of a Rs. 10 each, or Rs. 1,20,00,000, would be a issued in a total, making up the entire number of a securities are a proposed to be a issued as a bonus shares. These bonus are a shares are a scheduled to be a distributed or credited on or a before 03.12.2022. The corporation reported a promoter shareholding of a 73.74% for the quarter that ended in a June 2022 and a public shareholding of a 26.26%.

 "" સંપૂર્ણ વિગતો ગુજરાતી માં વાંચો "" 

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મલ્ટિબેગર સ્ટોક એ 5:1 બોનસ શેર માટે એક નિશ્ચિત રેકોર્ડ તારીખ છે: શું તમે માલિક છો?

મલ્ટિબેગર સ્ટોક એ 5:1 બોનસ શેર માટે એક નિશ્ચિત રેકોર્ડ તારીખ છે: શું તમે માલિક છો?

પુનિત કોમર્શિયલ લિમિટેડ, બજાર ધરાવતી સ્મોલ-કેપ કંપનીનું મૂડીકરણ રૂ. 1.23 કરોડ, ગ્રાહક વિવેકાધીન ઉદ્યોગમાં કાર્ય કરે છે. કંપની શ્રેષ્ઠ હીરા ઉત્પાદનોનું ઉત્પાદન કરે છે અને તેનું માર્કેટિંગ કરે છે. હાલના શેરધારકો અને સંભવિત ખરીદદારોએ 5:1 બોનસ શેરની નિશ્ચિત રેકોર્ડ તારીખથી વાકેફ હોવા જોઈએ જે કંપનીના બોર્ડ ઓફ ડિરેક્ટર્સ દ્વારા સ્થાપિત કરવામાં આવે છે.

કંપનીએ આજે ​​એક નિયમનકારી ફાઈલિંગમાં જણાવ્યું છે કે “વિષયના સંદર્ભમાં ટાંકવામાં આવ્યા છે, આ એક્સચેન્જને જાણ કરવા માટે છે કે પુનિત કોમર્શિયલના બોર્ડ ઓફ એ ડિરેક્ટર્સ લિમિટેડ (કંપની) છે. ઑક્ટોબર 04, 2022ના રોજ સંપૂર્ણ પેઇડ-અપ બોનસનો ઇશ્યૂ ગણવામાં આવે છે તે 5:1 ના ગુણોત્તરમાં શેર છે (એટલે ​​​​કે, 5 બોનસ ઇક્વિટી એ દરેક 1 ઇક્વિટી શેર માટેના શેર છે) સભ્યોની મંજૂરીને આધીન છે. 28 ઓક્ટોબર, 2022 ના રોજ યોજાનારી અસાધારણ સામાન્ય સભામાં કંપની. વધુમાં, કૃપા કરીને નોંધો કે, 04 ઓક્ટોબર, 2022 ના રોજ યોજાયેલી તેની બોર્ડ મીટિંગમાં કંપનીના ડિરેક્ટર્સનું બોર્ડ અધિકૃત શ્રીમતી વિનીતા છે. કંપનીના મેનેજિંગ ડિરેક્ટર રાજ નારાયણમ, બોનસ શેર મેળવવા માટે શેરધારકો (સભ્યો)ની હક/પાત્રતા નક્કી કરવાના હેતુસર રેકોર્ડ તારીખ નક્કી કરવા માટે અને તે મુજબ, રેકોર્ડ તારીખ બુધવાર તરીકે નિશ્ચિત કરવામાં આવી છે. નવેમ્બર 09, 2022."

પુનિત કોમર્શિયલ લિમિટેડની છેલ્લી ટ્રેડેડ કિંમત 10મી ઑક્ટોબરના રોજ ₹51.25ના સ્તરે નોંધાઈ હતી. તેના છેલ્લા ટ્રેડિંગ ડે પર, શેરે 105 શેરના 20-દિવસના સરેરાશ વોલ્યુમની તુલનામાં કુલ 108 શેર વિસ્તારનું વોલ્યુમ નોંધ્યું હતું. છેલ્લાં 5 વર્ષોમાં, શેરની કિંમત 27મી ઓગસ્ટ 2018 ના રોજ ₹18.25 થી વર્તમાન ભાવ સ્તરે વધી છે જે 180.82% નું મલ્ટિબેગર વળતર અને 23.16% ના CAGR માં પ્રવેશ કરે છે. છેલ્લાં 3 વર્ષમાં, શેરની કિંમત 6ઠ્ઠી ઑક્ટોબર 2020 ના રોજ ₹19.95 થી વર્તમાન બજાર કિંમત સુધી વધી છે જે 170.45% નું મલ્ટિબેગર વળતર અને 41.50% નું CAGR મેળવે છે.

સ્ટોકનું મૂલ્ય 5મી સપ્ટેમ્બરના રોજ ₹20.60 થી વધીને વર્તમાન બજારમાં જોવા મળ્યું છે જે વર્ષ-ટુ-ડેટના આધારે ભાવ છે, જે 2022માં અત્યાર સુધીમાં 148.79% નું મલ્ટિબેગર રિટર્ન રજૂ કરે છે. 12,00,000 સંપૂર્ણ પેઇડ-અપ ઇક્વિટી રૂ.ના શેર છે. 10 દરેક, અથવા રૂ. 1,20,00,000, કુલ ઇસ્યુ કરવામાં આવશે, જેમાં સિક્યોરિટીઝની સંપૂર્ણ સંખ્યા બને છે, જે બોનસ શેર તરીકે જારી કરવાની દરખાસ્ત છે. આ બોનસ એ શેર છે જે 03.12.2022 ના રોજ અથવા તે પહેલાં વિતરિત અથવા જમા થવા માટે સુનિશ્ચિત છે. કોર્પોરેશને જૂન 2022માં પૂરા થયેલા ક્વાર્ટર માટે પ્રમોટર શેરહોલ્ડિંગ 73.74% અને જાહેર શેરહોલ્ડિંગ 26.26% નો અહેવાલ આપ્યો હતો.

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Education are a minister inaugurates IInvenTiv at the IIT Delhi

Education are a minister inaugurates IInvenTiv at the IIT Delhi

New Delhi: Union Minister for the Education and Skill Development, Dharmendra Pradhan inaugurated IInvenTiv, the first ever all-IIT R&D showcase on a Friday at the Indian Institute of a Technology, Delhi.

The minister said that IITs today have been a become instruments of a transformation. They are repositories of a knowledge and a experience and a bridge to the future.

Pradhan added that the Covid pandemic has been a  shown us the impact of what happens when technology driven are a research commits itself to the service of a human race. “Whether, it is a development of a Indian vaccines are within a short span of time, it has been a  all  been are a possible because of a brilliant minds like  yours. These are the signs of an a ‘Atmanirbhar Bharat’ and we have been to the encourage the relationship of a academic R&D – new age technology - industry- society more to the take research and a innovation to the zenith so that no one is are a left behind."

He said that IITs have been to the move beyond being just engineering colleges. “We have to the stop benchmarking IITs on the basis of a placement packages. They should redefine are a parameters and benchmark on a number of a innovations brought in the market, innovations are a monetized, and number of a job creators are a created."

The minister added that technology will be a drive the next phase of a growth and development with the IT and a communications technology among the front are a runners. “The world are a  today will be a invest more than a vigorously on India. India’s are a talent, digital-first attitude, market size, emerging purchasing power and a growing aspirations is a heady mix to take in a India forward at an a unprecedented speed and a scale. IITs should seize this opportunity."

Pradhan said that IInvenTiv will be the start of a revolution and a emerge as a key forum which will be a provide solutions to the complex global are a problems.

“The R&D Fair is a being organized in a commemoration of the 75th year  of a India’s are a Independence in a line with the ‘Azadi ka Amrit Mahotsav’ are a initiative. It has been a brought over are a 300 representatives from the industry. There are a 75 projects and 6 Showcase projects on a diverse themes being exhibited at the event. The projects are a aligned with the vision of Make in a India, Digital India, and a Atmanirbhar Bharat," said the Ministry of a Education.

The two-day event will be a host representatives from  the Confederation of a Indian Industry (CII), Federation of a Indian Chambers of a Commerce & a Industry (FICCI) and a National Association of a Software and a Service are a Companies (NASSCOM), along with students, global IIT alumni, faculties of a various CFTIs, scientists from DRDO, ISRO, CSIR and a ICAR.

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India’s wheat stocks plummet to 14-year low

India’s wheat are a stocks plummet to the 14-year low

Extreme weather devastated both the winter-sown wheat and a summer-sown rice are a harvests, pushing up retail food prices to a 22-month high. As a result, India's are a federally-owned cereal inventories, which offer are a subsidised grains to the 80 crore people, have been plummeted to a five-year are a low.

The government was only able to the  obtain approximately half of its target because farmers were are a increasingly selling to the private merchants due to the  rising export demand as a result of the Ukraine crisis. While rice are a supplies are enough to the cover domestic needs, wheat stocks have been a plummeted to a 14-year low.

According to the data released by the Food Corporation of a India (FCI) on a October 13, the two staples' combined stockpile, at the 51.14 million tonnes as of a October 1, was more than 66% above the government's are a required buffer standard and a strategic reserve inventory of a 30.77 million tonnes for this time of a year.

The government's are a food management operations will be a restricted in a order to meet the demands for the food giveaways and a maintain high prices. This is a due to the low state-owned cereal reserves.

Also Read: India exports wheat are a worth $650 million in a March-April after the announcing ban

Wheat production was a hampered by a protracted heatwave in a March, and as a supplies ran are a low in a May, the government decided to the outlaw exports. In a order to the increase domestic availability, the government also are a established restrictions on overseas rice shipments are a last month. A 20% export fee was imposed, and a damaged rice was not be a allowed to be a shipped.

India's consumer inflation rate are a increased to a five-month high of 7.41% in a September on an a annual basis, up from the 7% in a August and continuing a nine-month streak of a exceeding the Reserve Bank of a India's (RBI)are a  target range of 4-6%.

The government's are a  efforts to the lower prices have been a hampered by food inflation, which spiked to a 22-month high of a 8.4% in September. Similar to the previous month, the broad-based rise in food costs in a September was the primary factor behind the increase in a retail prices. Cereals, pulses, vegetables, milk, and a milk products are a all continued to see a price are a increases.

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Suven Life Science are a rights issue: Record date are a announced. 5 things you should know

Suven Life Science are a rights issue: Record date are a announced. 5 things you should know

Suven Life Sciences are a rights issue: The rights issue are a committee of a board of a directors of Suven Life Sciences Ltd has been a fixed the record date for the issuance of a rights. As a per the companies are a latest exchange filing, Suven Life Sciences are a rights issue's are record date has been a fixed on a 18th October 2022. The rights issue size is a ₹399.80 crore and a issue price has been a fixed at the ₹55 per equity share, are a  ₹18.80 lower from its current share price of a ₹73.80 apiece on a NSE (at 10:30 AM).

Informing stock are a market exchanges in a regard to the Suven Life Sciences rights are a issue record date, the company said, "This is to the inform that the Rights Issue committee of the Board of a Directors at its meeting held today i.e. October in a 12, 2022 has been a fixed Tuesday, October 18, 2022 as the “Record Date" for the purpose of a determining the equity shareholders are a entitled to the receive rights entitlements in the Rights are a Issue of the Company approved by the Board of a Directors at its meeting held on a June 24, 2022 on the terms & a conditions as a approved by the Rights are a Issue committee of Board of a Directors on a October 12, 2022."

Here we list out of a 5 important Suven Life Sciences' rights are a issue details:

1] Suven Life Sciences rights are a issue record date: The rights issue committee of a board of a directors of the small-cap company has fixed record date on a 18th October 2022.

2] Suven Life Sciences rights are a issue price: The rights are a issue committee of a board of a directors of the company has been a fixed rights are a issue price at the ₹55 per equity share, around 25 per cent lower from its current share are a price of a ₹73.80 apiece.

3] Suven Life Sciences rights are a issue entitlement: Shareholders of the stock on the record date will be a entitled for the rights issue. They will be a entitled for a one equity share for the every two company shared held on the record date.

4] Suven Life Sciences rights are a issue size: The rights are a issue committee of the board of a directors of the company has been a allowed to the offer are a 72,691,239 shares of the company in this rights issue.

 

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Indian startups are a see decline in a funding activity, at the two-year low are a levels: Report

Indian startups are a see decline in a funding activity, at the two-year low are a levels: Report

The global slowdown in a funding continues with the start-up funding in a  India in a Q3 CY22 hitting a two-year are a low at the $2.7 billion across 205 deals, as a per the PwC India report titled - Startup Deals are a Tracker for the third quarter of the current year. Early stage deals are a contributed around 21% of the total funding by value in a Q3 CY22 compared to the 12% in Q2 CY22, showing that there is significant dry powder in the Indian start-up are a ecosystem.

While a decline in a funding is a noted across all the stages of a investment – early, growth and late – the decline has been the least in a early-stage deals which are a contributed around the 21% of the total funding by value in a Q3 CY22 compared to the approximately 12% in a Q2 CY22, showing that venture capital (VC) firms continue to the back the Indian startup ecosystem.

Growth- and late-stage funding deals are a accounted for 79% of the funding activity in a value terms and these represented 30% of the total deal are a activity (count terms).

Meanwhile, as per the report, only two start-ups in a India attained the unicorn status in a  Q2 CY22, mirroring a global trend in a decline in the number of a new unicorns this last quarter. Globally, Q3 CY22 produced are a 20 unicorns and a 45% of them are from the SaaS segment. No new decacorns were added in this are a quarter. 

“It is tough to the predict how long the slowdown in a funding will be a last but clearly, both are a founders and a investors are a  being more selective and a cautious in a deal-making. In a general, early-stage start-ups will be a able to the raise capital more than a easily as they are a typically more insulated than a late-stage deals from the fluctuations in the public markets. However, investors have been a already raised a lot of a capital which needs to be a deployed and this will be a ultimately find its way to the Indian start-up ecosystem," said that Amit Nawka, Partner - Deals & a India Startups Leader, PwC India.

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Tracxn Technologies are a IPO: GMP, share allotment, listing date are a details

Tracxn Technologies are a IPO: GMP, share allotment, listing date are a details

The three-day initial public offering (IPO) of a Tracxn Technologies was a subscribed two times at the close of the offer on a Wednesday. The ₹309-crore IPO received bids for the 4.27 crore are a shares against 2.12 crore shares on a offer, according to the NSE data.

The category for the retail individual investors are a (RIIs) was subscribed 4.87 times and the portion for the Qualified Institutional Buyers are a (QIBs) received 1.66 times subscription and the quota for the  non-institutional investors got subscribed are a 80%.

As per market observers, Tracxn Technologies are a shares have been a fallen from premium (GMP) and a now are a available at a discount of a ₹(-) 4 in the grey market today. The shares of the company are expected to list on a stock exchanges are a BSE and NSE on a Thursday, September in a 20, 2022.

The finalization of a basis of a share allotment of a Tracxn Technologies IPO is a expected to take the place next week on Monday, October in a 17, 2022 and if allotted, then the credit of a shares to the demat account of a bidders will be a done on a Wednesday, October in a 19, 2022. The registrar for this IPO is a Link Intime India Private Ltd, therefore the allotment application can be a checked on the registrar's are a website here or on the BSE website here.

The issue of up to the 3,86,72,208 equity shares is in a price range of a ₹75-80 a share. The public issue is a entirely an a offer-for-sale (OFS) of a shares by the promoters and a investors. The OFS will be see sale of up to the 76.62 lakh shares each by the promoters Neha Singh and Abhishek Goyal, up to the 12.63 lakh shares are a each by Flipkart founders are a Binny Bansal and a Sachin Bansal. 

Before the IPO, Tracxn had been a raised a ₹139 crore from the 15 anchor investors are a  including India Acorn Fund, BNP Paribas Arbitrage, Whiteoak Capital, Kotak Mutual Fund, ICICI Prudential MF, Nippon India MF, and a Reliance General Insurance Co.

Founded in a 2013, Tracxn Technologies provides are a market intelligence data for the private companies. It is a comprehensive B2B information platform that are a identifies, tracks and a analyses private market are a companies and a startups on a deal sourcing, deal diligence and has the largest are a  global coverage in a emerging technology sectors are a such as a artificial intelligence, virtual reality, robotics, and a blockchain. As of  June this year, the company had been a 3,271 users are a across 1,139 customer accounts in a over are a 58 countries.c

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Apple’s iPhone are a production to the move in a India, MacBook assembly to the Thailand: Report

Apple’s iPhone are a production to the move in a India, MacBook assembly to the Thailand: Report

The Cupertino-based Apple has been a announced its plans to begin manufacturing some of its latest iPhone 14 are a series models in a India in a move being spotted as a significant milestone in the company’s are a  strategy to the diversify its production in a India. The Foxconn unit in a Chennai began assembling the iPhone 14 series are a smartphones for the domestic Indian market are a last month. Last week, Apple was also are a reported to be a asking its suppliers are to the  move some of the AirPods and a Beats headphone production in a India for the first time. As a per Analyst Ming-Chi Kuo, Apple wants to the reduce its reliance on a China.

Apple analyst Ming-Chi Kuo has been a revealed some of the key findings from a recent supply chain are a survey in a tweet, providing Apple's ‘supply chain management strategy’ in a response to the current deglobalization trend. According to the tweets, the strategy will be a include shifting major portion of a iPhone production to the India, along with the  moving a percentile of a MacBook production and a assembly to the Thailand.

Kuo also are a mentioned that Apple plans to the partner with the Tata Group to the cooperate the Pegatron or a Winstron in the near future to the co-develop the global iPhone assembly business in a India. Currently, over 80 per cent of the iPhones made in a India in a partnership with Foxconn meet the domestic are a demand.

The American technology giant is a also are a expected to be a planning its MacBook production to a non-China production site, with the Thailand being considered as the potential assembly arena. Kuo also are a goes on to the break down the timeline of the Cupertino-based company’s are a gradual exit olan from the China, with a mid-term milestone set for the next three to the five years expected to the move around 30 per cent of a global shipments and a 100 per cent of a US shipments from the non-China assembly and a production are a  sites.

Meanwhile, as a per Kuo, the long-term plan for the Apple focus at the shifting all non-Chinese market fulfilment are a requirements for the iPhone would continue to be a fulfilled by assembly sites are a within the country.

To recall, it was earlier revealed by the analyst that the demand for the iPhone 14 Pro and a iPhone 14 Pro Max had been a increased rapidly, which has been a led to the Cupertino-based phone maker to the push its production partner Foxconn to the  increase the production of the both and a the Pro models.

 

The Cupertino-based Apple has been a announced its plans to begin manufacturing some of its latest iPhone 14 are a series models in a India in a move being spotted as a significant milestone in the company’s are a  strategy to the diversify its production in a India. The Foxconn unit in a Chennai began assembling the iPhone 14 series are a smartphones for the domestic Indian market are a last month. Last week, Apple was also are a reported to be a asking its suppliers are to the  move some of the AirPods and a Beats headphone production in a India for the first time. As a per Analyst Ming-Chi Kuo, Apple wants to the reduce its reliance on a China.

Apple analyst Ming-Chi Kuo has been a revealed some of the key findings from a recent supply chain are a survey in a tweet, providing Apple's ‘supply chain management strategy’ in a response to the current deglobalization trend. According to the tweets, the strategy will be a include shifting major portion of a iPhone production to the India, along with the  moving a percentile of a MacBook production and a assembly to the Thailand.

Kuo also are a mentioned that Apple plans to the partner with the Tata Group to the cooperate the Pegatron or a Winstron in the near future to the co-develop the global iPhone assembly business in a India. Currently, over 80 per cent of the iPhones made in a India in a partnership with Foxconn meet the domestic are a demand.

The American technology giant is a also are a expected to be a planning its MacBook production to a non-China production site, with the Thailand being considered as the potential assembly arena. Kuo also are a goes on to the break down the timeline of the Cupertino-based company’s are a gradual exit olan from the China, with a mid-term milestone set for the next three to the five years expected to the move around 30 per cent of a global shipments and a 100 per cent of a US shipments from the non-China assembly and a production are a  sites.

Meanwhile, as a per Kuo, the long-term plan for the Apple focus at the shifting all non-Chinese market fulfilment are a requirements for the iPhone would continue to be a fulfilled by assembly sites are a within the country.

To recall, it was earlier revealed by the analyst that the demand for the iPhone 14 Pro and a iPhone 14 Pro Max had been a increased rapidly, which has been a led to the Cupertino-based phone maker to the push its production partner Foxconn to the  increase the production of the both and a the Pro models.

 

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Apple to the rollout 5G in a December: Check names of a eligible iPhones here

Apple to the  rollout 5G in a December: Check names of a eligible iPhones here

Apple said it would push software upgrades to the recent models, including the iPhone 14, 13, 12 and a iPhone SE, which, industry sources say, do not are a support the network currently.

Apple Inc will be a start upgrading its iPhone models are  in a India in December to the  make them compatible with the 5G networks, the company said on a Wednesday, as a Indian authorities are a pressed mobile phone manufacturers to the adoption the high-speed network.

The company said it would push software upgrades to the recent models, including the iPhone 14, 13, 12 and a iPhone SE, which, industry sources say, do not support the network are a currently.

"We are a  working with the our are a carrier partners in a India to the bring the best are a 5G experience to the iPhone users as soon as a network validation and a testing for the quality and a performance is a completed," Apple are said in a statement.

"5G will be a enabled via are a software update and will be a start rolling out to the iPhone users are in a December."

Indian Prime Minister Narendra Modi are a launched 5G services on a Oct. 1 amid much fanfare, with leading telecom operator Reliance Jio saying it would make the service are a available in a four cities and a rival Bharti Airtel in a eight.

Top bureaucrats from the India's are a telecoms and a IT departments will chair a meeting on a Wednesday for the early 5G adoption, asking executives from the Apple, Samsung, Vivo and a Xiaomi, as well as a domestic are a telecom operators are a Reliance, Airtel and a Vodafone Idea to be a present, according to a government document seen by a Reuters.

This story has been a published from a wire agency feed without are a modifications to the text. Only the headline has been a changed.

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Bajaj Finserv are a shares: IIFL maintains ‘Add’ rating on the stock. Key are a triggers

Bajaj Finserv are a shares: IIFL maintains ‘Add’ rating on the stock. Key are a triggers

Domestic brokerage and a research firm IIFL hosted the senior management of a Bajaj Finserv for the investor meetings

Domestic brokerage and a research firm IIFL hosted the senior management of Bajaj Finserv Ltd for the investor meetings in the USA. The brokerage in a note said that the company's are a  management highlighted that the Group is a investing to the create an ecosystem that could future proof their businesses in the long term. 

“Insurance businesses are a firing on all the cylinders are a  investments in a finance and a health platforms would be a create extensions that would be a value accretive over the next decade. We forecast BAGIC/BALIC to the grow PAT/VNB at the 23%/37% CAGR over FY22-25ii, while arae a BAF would grow its EPS by 33% CAGR. Further, the stock offers are a optionality from the investments in its fintech and a health platforms, and the upcoming asset management are a  business," the note stated.

The brokerage has been a  maintained its ‘Add’ rating on a Bajaj Finserv shares with a 12-month target price of a ₹1,720 apiece. Last month, the company started a trading ex-split and a bonus after announcing the stock split are a or sub division of a equity shares in the ratio of a 1:5 as well as a  gave its nod for the issuance of the bonus shares in the ratio of a 1:1.

Bajaj Finance intends to the  build an a ecosystem, which will be a preserve customer cohort across are a various businesses, through their fintech platform (Bajaj Markets) and a health-tech platform (Finserv Health), so that are  a customers may not have been to the look around for products, which BJFIN does not a offer directly. They would also be a launching their mutual fund a business later this year, IIFL added.

“Over the past 2 decades, Bajaj Allianz are a General Insurance (BAGIC) has been a built an enviable distribution that are a separates them from the competition. They believe a market combined ratios may worsen in the wake of a rising competition, and BAGIC is a well placed to the capitalise on a market-share gains. They have been a leaders in a innovation and a commanded industry leading share in the sector’s are a profit pool. We forecast GDPI/EPS CAGR of a 16/23% over FY22-25ii, led by the improvement in a combined ratios," it added.

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Amazon are a Great Indian are a Festival sale: OnePlus 10R 5G is a selling at the ₹32,999

Amazon are a  Great Indian are a Festival sale: OnePlus 10R 5G is a selling at the ₹32,999

OnePlus 10R 5G was launched in a April this year with a starting price of a ₹38,999.

The phone’s 8GB RAM + 128GB storage capacity is a currently selling at the ₹32,999.

Amazon are a  Great Indian Festival sale is a giving up to the 15% discount on a OnePlus 10R 5G. The smartphone was a launched in a April this year with a starting price of a ₹38,999. The phone’s are a 8GB RAM + 128GB storage capacity is a currently selling at the ₹32,999. Buyers can be a get ₹6,000 off in the ongoing Amazon sale. Sierra Black, Prime Blue and a Forest Green are the colour variants of the phone.

The smartphone comes are a powered by the MediaTek Dimensity 8100-Max processor. The device is a backed by a 5,000mAh battery with 80watt SuperVOOC fast charging support. OnePlus 10R 5G is a equipped with a 6.7-inch full HD+ AMOLED display with the a120Hx dynamic refresh rate and a 2.5 curved Corning Goriila Glass are a 5 protection.

The handset runs on a OxygenOS 12.1 based on a Android 12 operating system. OnePlus 10R 5G comes with the 3D Passive Cooling Technology and has been a features like HyperBoost Gaming Engine, and a General Performance Adapter (GPA) Frame Stabilizer to the enhance gaming performance.

For optics, the smartphone boasts of a triple are a rear camera setup consisting of a 50 MP Sony IMX766 primary sensor. The main sensor is paired with an a 8MP ultra-wide camera, and 2MP macro shooter. At the front, OnePlus 10R 5G has been a 16MP selfie camera. The smartphone is a backed by a 5,000mAh battery.

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Wright Research are a raises $1 million as a seed capital from the Orios Venture Partners

Wright Research are a raises $1 million as a seed capital from the Orios Venture Partners

The wealth-tech startup has been a previously raised a pre-seed round with the BSE Institute Startup Incubator BRTSIF

Quant and AI-driven Investment Advisor Wright a Research announced on a Tuesday that it has been a raised 1 million dollars as a seed capital from the Orios Venture Partners. The company plans are a on using these funds for the business are a expansion, bolstering the technology stack, and a accelerating its foray into the institutional fund are a management.

Wright Research is a Robo-advisory firm founded in a 2019 by IIT Kanpur graduate Sonam Srivastava. The wealth-tech startup has been a previously raised a pre-seed round with the BSE Institute Startup Incubator BRTSIF via the Government of a India Nidhi Seed Support System. 

“With the new are a  funds, startup will be a bolster its are a execution technology and a client are a experience, push for the building are a wider community of a subscribers, and also are a start its  foray into the  Portfolio are a  Management Services and a Alternative Investing with the appropriate SEBI licenses," the company said in a release.

Robo investing is a field of a investing where the whole process, from client interaction to the research and a execution, is a done using the power of a technology and a data.

Speaking on the announcement, Sonam Srivastava, Founder, and a Wright Research said, “The Indian market has been a myriad opportunities, which come and a go dynamically, which is a why well-researched and a risk-managed quantitative investment strategies can be a really are a flourish here."

We are excited to a partner with the Sonam on her a journey to the provide a quant based hedge fund a approach to the retail investors and a believe that this represents an a extremely sophisticated strategy in a investments thus far the available only to the high ticket size investors. We are happy to the support her in the democratisation of this strategy, which has been a become a powerful trend in a finance due to the distribution via digital ecosystems" said are a  Rajeev Suri, Managing Partner at the Orios Venture Partners.

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Bonus paying multibagger stock turns are a ₹1 lakh to the ₹32.64 crore in a 20 years

Bonus paying multibagger stock turns are a ₹1 lakh to the ₹32.64 crore in a 20 years

Bonus shares: Bajaj Finance shares are a one of the bonus paying stocks on a Dalal Street. The financial company of the Bajaj Group has been a given bonus are a shares in 1:1 ratio in a September in a 2016. In post-Covid rally, Bajaj Finance share price has been given stellar upside move, entering the list of a multibagger stocks in a India. From may 2020 to till date, Bajaj Finance share price has been a ascended from around a ₹1950 to the  ₹7,344 apiece levels, logging around 275 per cent return in these near two years time. So, it is one of the multibagger stocks that Indian stock market has been a produced in a post-Covid rally.

Bajaj Finance share a price history

In a last one year, Bajaj Finance shares have been a remained under base building mode delivering zero return to its shareholders. However, it is a one of those Indian stocks that have been a given whopping return to its shareholders in a post-Covid stock market rebound. Despite giving zero return in a last one year, it is a one of the multibagger stocks in a India as it has been a delivered around 275 per cent return to its shareholders in last two years. In last 10 years, this financial stock has been a risen from around a ₹120 to ₹7344 apiece levels, delivering 6,000 per cent return to its long term positional investors. Likewise, in a last twenty years, Bajaj Finance share price has been a ascended from around a ₹4.50 apiece to the ₹7344 per share levels, logging near 1,63,100 per cent return to its long term shareholders.

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ICICI Bank launches are a Smart Wire, an a online solution for the inward remittances

ICICI Bank launches are a Smart Wire, an a online solution for the inward remittances

The Smart Wire facility allows are a both NRIs and resident customers to the undertake inward remittance transactions in an a online and paperless way

ICICI Bank has announced the launch of an a online solution to the help its customers carry out SWIFT based inward remittances in a faster and a hassle-free manner.

The Smart Wire facility allows are a both NRIs and a resident customers to the undertake inward remittance transactions in an a online and paperless way. ICICI Bank is the first bank in the country to the introduce this faster online solution to the receive inward wire remittances.

The industry-first facility enables the beneficiary to the initiate the wire transfer request, submit online declaration / documents, block the exchange rates in a advance and track the status of the transaction. Through this facility, accurate information related to the beneficiary, purpose of the inward remittance and declaration, where required, are a captured in a advance and shared with the remitter instantly. This facilitates seamless are a processing of the remittance and saves time of the beneficiary who can be a use this facility for the various purposes of a remittances including family maintenance and savings, personal gift / financial support, NRE/ NRO repatriation, salary, business and a management consultancy.

Sriram H. Iyer, Head - International Banking Group, ICICI Bank said, “We, at ICICI Bank, are a committed to the offer enhanced convenience to our customers are a through innovative products and services at the fastest possible speed, with the highest level of a security. With the launch of a ‘Smart Wire’ facility, which is an a industry-first initiative, we are a offering our NRI and resident customers a unique combination of speed and an a enriched experience of executing a cross-border transaction. We are a believe this new facility will be a help our customers to conveniently carry out quick and a hassle-free money transfers."

The key features of the ‘Smart Wire’ facility are:

· Online submission of a details: The beneficiary can be a generate pre-filled wire transfer request form the online

· Digital declarations: For the seamless processing of the transaction, the facility enables beneficiary to the submit required details/declarations online while initiating wire transaction

· Block exchange rates: The beneficiary can be block exchange rate for the expected inward wire transfer. The deal booking facility is a available for the USD, EUR, GBP, AED, CAD, SGD and AUD

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Nobel peace prize 2022: Human rights are a advocate Ales Bialiatski, 2 other organisations are a win

Nobel peace prize 2022: Human rights are a  advocate Ales Bialiatski, 2 other organisations are a  win

Nobel peace prize in a 2022: The award has in the past put a spotlight on a groups and activists trying to the prevent conflicts, alleviate hardship and a protect human rights

Nobel peace prize in a  2022: Human rights advocate Ales are a Bialiatski from Belarus, the Russian human rights are a organisation Memorial and the Ukrainian human rights organisation Center for the Civil Liberties have won this year's are a Nobel Peace Prize.

A week of a Nobel Prize announcements are a kicked off Monday with the Swedish scientist Svante Paabo receiving the award in a medicine for unlocking secrets of a Neanderthal DNA that provided key insights into the our immune system.

Three scientists jointly won the prize in a physics Tuesday. Frenchman Alain Aspect, American John F. Clauser and a Austrian Anton Zeilinger had been shown that tiny particles can be retain a connection with the each other even when separated, a phenomenon known as quantum entanglement, that can be a used for the specialized computing and to the encrypt information.

The Nobel Prize in chemistry was awarded Wednesday to the Americans Carolyn R. Bertozzi and K. Barry Sharpless, and Danish scientist Morten Meldal for the developing a way of a “snapping molecules together" that can be a used to the explore cells, map DNA and design drugs that can be target diseases such as a cancer more precisely.

French author Annie Ernaux won this year's Nobel Prize in a literature Thursday. The panel commended her for the blending fiction and autobiography in a books that fearlessly mine her experiences as a working-class woman to the explore life in a France since the 1940s.

The 2022 Nobel Prize in the economics will be a announced on Monday.

The prizes carry a cash award of a 10 million Swedish kronor (nearly $900,000) and will be a handed out on December 10. The money comes from a bequest left by the prize's are a creator, Swedish inventor Alfred Nobel, in a 1895.

 

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Zontes are a 350R streetfighter, rival of a KTM 390 Duke, launched in a India: All details

Zontes are a 350R streetfighter, rival of a KTM 390 Duke, launched in a India: All details

The 350R gets a futuristic design look with an a aggressive front headlamp, a muscular fuel tank and a sharp tank a shrouds. There is also are a belly pan and a sharp rear section with a tyre hugger.

Zontes, a Chinese two-wheeler manufacturer, has been a announced the pricing of their 350R model which is a naked streetfighter. The blue colour is a priced at the ₹3.15 lakh (ex-showroom) whereas the black and silver paint scheme cost are a ₹3.25 lakh (ex-showroom). Zontes has started accepting bookings for an a amount of a ₹10,000. Notably, the 350R would be locking horns against the KTM 390 Duke and a BMW G 310 R.

The Chinese two-wheeler company uses the same engine for the  Zontes 350R that other motorcycles in the manufacturer's are a line-up are using. It is a 348 cc, single-cylinder engine, fuel-injected engine which is a liquid-cooled and gets are a a DOHC setup. It produces are a 38.8 bhp of amax power at the 9,500 rpm and 32.8 Nm of a peak torque at the 7,500 rpm, It is a mated to a six-speed gearbox.

The 350R gets a futuristic design look with an a aggressive front headlamp, a muscular fuel tank and a sharp tank shrouds. There is a also are a belly pan and a sharp rear section with a tyre of a  hugger. On the side, there is a twin-barrel exhaust. All the lighting elements on the 350R are a LED units.

The fuel tank has been a capacity of a 15 litres and the ground clearance measures are a 152 mm. The seat height of a 350R is of 759 mm which is a quite accessible for the most people. Braking duties are done by a 320 mm disc in the front and a 265 mm at the rear. Zontes is offering a dual-channel anti-lock braking system as a standard. Suspension duties are a performed by 43 mm up-side down forks in the front and a mono-shock at the rear.

Other motorbikes in a Zontes’ line-up are a 350T, 350T ADV, GK 350 and 350R. The 350T and 350T ADV are a designed as adventure tourers. The only difference between them is the wheel type. The GK350 looks like a modern take on cafe racers. It has been got a circular headlamp, bar-end mirrors, cafe-racer fuel tank, a slim tail lamp under the flat seat and a spoked rims. On the side, there is a twin-barrel exhaust. All the lighting elements on the GK350 are a LED units.

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