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Singapore

DBS Bank plans to triple gold loan business in five years

Michael Grunwald Nov 4, 2022
It is also planning to launch its own proprietary credit card, scale up tie-ups for bancassurance and increase partnerships with NBFCs for co-lending. Having achieved a…
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Business Profiles

Kalpataru Power rises on winning orders worth Rs 1,290 crore

Michael Grunwald Nov 4, 2022
Kalpataru Power Transmission added 1.18% to Rs 472.05 after the company, along with its international subsidiaries, secured new orders / notification of awards of Rs 1,290 crore.…
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Business Profiles

India ahead of China, Vietnam in cheap manufacturing; ranks no. 1

Michael Grunwald Nov 4, 2022
India, with an overall score of 40.8, ranks 13 in ‘power’ category. Its rankings in entrepreneurship and quality of life are 31 and 38, respectively. In a boost to India's push…
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Business Profiles

Adani Enterprises Q2 net more than doubles; revenue rises threefold

Michael Grunwald Nov 4, 2022
In Q2, integrated resource management, saw revenue growing over three times to Rs 30,435 crore YoY Adani Enterprises’ consolidated net profit for the quarter ended September…
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America

Apple is now valued more than Alphabet, Amazon and Meta combined

Michael Grunwald Nov 4, 2022
Apple's market value is now higher than that of Alphabet, Amazon and Meta combined. The iPhone maker's worth stands at $2.307 trillion, while its tech peers add up to $2.306…
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Social Media

Twitter sued for mass layoffs by Elon Musk without enough notice

Michael Grunwald Nov 4, 2022
Twitter intends to start cutting staff Friday, the company said in an email to employees. Musk plans to get rid of half the workforce Twitter Inc. was sued over Elon Musk’s plan…
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Article

Good medicine will make good business but good business does not make good medicine: Dr Naresh…

Michael Grunwald Nov 4, 2022
Synopsis “For our valuation and pricing exercise, we have spoken to almost 100 institutional investors across India and internationally. There are leading sovereign funds like GIC…
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Business Profiles

Adani New Industries installs wind turbine, taller than Statue of Unity

Michael Grunwald Nov 4, 2022
Standing 200 metres tall, the wind turbine has the capacity to produce 5.2 MW of electricity and can power approximately 4,000 homes A wind turbine taller than the world's…
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Business Profiles

Reliance plans to enter salon business, may buy into Naturals

Michael Grunwald Nov 4, 2022
Synopsis It is in final stages to enter into a joint venture by acquiring about 49% stake in Groom India Salons & Spa, the company which runs Naturals Salon & Spa, said…
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Business Profiles

Agri finance company Kissandhan eyes 15% of Farmers Producer Organisation business, signs up four…

Michael Grunwald Nov 4, 2022
Synopsis With central government’s focus on increasing FPOs in India, they are coming up in a big way. Last year, the government had approved and launched the Central Sector…
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