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Reliance Brands Ex MD And CEO Darshan Mehta Dies At 64
Darshan Mehta, former Managing Director & CEO of Reliance Brands Ltd (RBL), who transformed Reliance's luxury and lifestyle retail business, died on Wednesday, according to people aware of the development.
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Tesla Signs Deal for First India Showroom to Sell Imported EVs
Tesla has signed a lease deal to open its first showroom in Mumbai. The showroom will be situated in the Maker Maxity building in the business and retail hub of Bandra Kurla Complex near the city's airport, according to the papers.
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Coinbase Acquires UK FCA's VASP Licence to Offer 'Better' Suite of Crypto Services
Coinbase says its new VASP licence will allow it to offer a ‘better’ suite of crypto products and services for the communities of UK’s retail and institutional investors. The exchange will include fiat-to-crypto service offerings as part of its business expansion there.
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Experts On How Budget Can Empower Businesses And Consumers
Giving an overview of the retail sector, Mr Parekh said that it has witnessed robust growth, and is projected to rise from $779 billion in 2019 to $1.8 trillion by 2030.
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KuCoin Launches New Pay Feature That Enables UPI-Like Payments via QR Codes
KuCoin has unveiled KuCoin Pay, a new payment solution enabling merchants and businesses to accept cryptocurrency for goods and services. Once integrated into their payment systems, merchants receive a unique QR code that customers can scan to complete transactions using crypto.Â
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Ola Electric Opens 3,200 Stores Amid Year of Consumer Complaint Woes
Ola Electric has increased the number of showrooms and service centers to 4,000, Ankush Aggarwal, group head of financial services and retail auto business, said at an event Wednesday.
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RBI Keeps Key Lending Rate Unchanged, Growth Target Lowered To 6.6%
The Reserve Bank of India (RBI) has kept its key lending rate unchanged for the 11th consecutive time citing high inflation, but lowered sharply the growth target for the current financial year.
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Pernod Ricard Denies Breaching India's Law, Its Lawyers Said Otherwise
An internal investigation ordered by Pernod Ricard concluded that top executives at its India business violated the law by colluding with alcohol retailers in New Delhi, according to a document seen by Reuters.
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Vijay Sales: Redefining Electronics Retail In India For 57 Years
Vijay Sales offers an extensive selection of over 9,000 products from 95 leading brands, ensuring customers find the perfect electronics for their needs, regardless of budget.
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NTPC Green Energy IPO Fully Subscribed On Last Day: Key Takeaways
The initial public offering (IPO) of NTPC Green Energy Limited was fully subscribed on the third and final day of bidding, November 22, driven by strong demand from retail investors.
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Reliance Jio IPO Said to Launch in 2025, Retail Unit Listing Slated for Much Later
Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion (roughly Rs. 8,41,090 crore). Reliance Industries' boss Ambani hasn't updated his IPO timelines after saying in 2019 that Reliance Jio and Reliance Retail would "move towards" a listing within five years.
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Hyundai India's Shares Fall 1.3% In Debut Trade After Record $3.3 Billion IPO
Hyundai Motor India's shares fell 2% in their market debut today, after a tepid response from retail investors to the country's largest ever initial public offering.
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No Change In RBI Repo Rate: What It Means For Your Monthly EMIs
The Reserve Bank of India's Monetary Policy Committee (MPC) wrapped up its three-day deliberations today, deciding to maintain the repo rate at 6.5 per cent for the fourth consecutive time this fiscal year and the tenth time overall.
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PayPal Launches Crypto Buying, Selling, and Holding for US Business Accounts Owing to User Demand
US-based merchants with PayPal business accounts can now buy, sell, and hold cryptocurrency directly through PayPal. This new service allows merchants to facilitate cross-chain crypto transfers and provides the option to withdraw their crypto assets.
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Retail Inflation At 3.65 Per Cent In August: Government Data
Inflation in the food basket was 5.66 per cent in August, marginally up from 5.42 per cent in July.
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Reliance Brands Ex MD And CEO Darshan Mehta Dies At 64
Darshan Mehta, former Managing Director & CEO of Reliance Brands Ltd (RBL), who transformed Reliance's luxury and lifestyle retail business, died on Wednesday, according to people aware of the development.
-
Tesla Signs Deal for First India Showroom to Sell Imported EVs
Tesla has signed a lease deal to open its first showroom in Mumbai. The showroom will be situated in the Maker Maxity building in the business and retail hub of Bandra Kurla Complex near the city's airport, according to the papers.
-
Coinbase Acquires UK FCA's VASP Licence to Offer 'Better' Suite of Crypto Services
Coinbase says its new VASP licence will allow it to offer a ‘better’ suite of crypto products and services for the communities of UK’s retail and institutional investors. The exchange will include fiat-to-crypto service offerings as part of its business expansion there.
-
Experts On How Budget Can Empower Businesses And Consumers
Giving an overview of the retail sector, Mr Parekh said that it has witnessed robust growth, and is projected to rise from $779 billion in 2019 to $1.8 trillion by 2030.
-
KuCoin Launches New Pay Feature That Enables UPI-Like Payments via QR Codes
KuCoin has unveiled KuCoin Pay, a new payment solution enabling merchants and businesses to accept cryptocurrency for goods and services. Once integrated into their payment systems, merchants receive a unique QR code that customers can scan to complete transactions using crypto.Â
-
Ola Electric Opens 3,200 Stores Amid Year of Consumer Complaint Woes
Ola Electric has increased the number of showrooms and service centers to 4,000, Ankush Aggarwal, group head of financial services and retail auto business, said at an event Wednesday.
-
RBI Keeps Key Lending Rate Unchanged, Growth Target Lowered To 6.6%
The Reserve Bank of India (RBI) has kept its key lending rate unchanged for the 11th consecutive time citing high inflation, but lowered sharply the growth target for the current financial year.
-
Pernod Ricard Denies Breaching India's Law, Its Lawyers Said Otherwise
An internal investigation ordered by Pernod Ricard concluded that top executives at its India business violated the law by colluding with alcohol retailers in New Delhi, according to a document seen by Reuters.
-
Vijay Sales: Redefining Electronics Retail In India For 57 Years
Vijay Sales offers an extensive selection of over 9,000 products from 95 leading brands, ensuring customers find the perfect electronics for their needs, regardless of budget.
-
NTPC Green Energy IPO Fully Subscribed On Last Day: Key Takeaways
The initial public offering (IPO) of NTPC Green Energy Limited was fully subscribed on the third and final day of bidding, November 22, driven by strong demand from retail investors.
-
Reliance Jio IPO Said to Launch in 2025, Retail Unit Listing Slated for Much Later
Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion (roughly Rs. 8,41,090 crore). Reliance Industries' boss Ambani hasn't updated his IPO timelines after saying in 2019 that Reliance Jio and Reliance Retail would "move towards" a listing within five years.
-
Hyundai India's Shares Fall 1.3% In Debut Trade After Record $3.3 Billion IPO
Hyundai Motor India's shares fell 2% in their market debut today, after a tepid response from retail investors to the country's largest ever initial public offering.
-
No Change In RBI Repo Rate: What It Means For Your Monthly EMIs
The Reserve Bank of India's Monetary Policy Committee (MPC) wrapped up its three-day deliberations today, deciding to maintain the repo rate at 6.5 per cent for the fourth consecutive time this fiscal year and the tenth time overall.
-
PayPal Launches Crypto Buying, Selling, and Holding for US Business Accounts Owing to User Demand
US-based merchants with PayPal business accounts can now buy, sell, and hold cryptocurrency directly through PayPal. This new service allows merchants to facilitate cross-chain crypto transfers and provides the option to withdraw their crypto assets.
-
Retail Inflation At 3.65 Per Cent In August: Government Data
Inflation in the food basket was 5.66 per cent in August, marginally up from 5.42 per cent in July.
