Press Release – Page 109 – THE ECONOMIC INDIA

13 Nov

Rajkot’s Smart City Vision: Municipal Corporation’s Bold Steps with Bond Issue for Water and Sewerage Expansion

Rajkot (Gujarat) [India] November 13: The Rajkot Municipal Corporation (RMC) has achieved a significant milestone in urban infrastructure development by raising Rs. 100 crore through a municipal bond issue. Oversubscribed by 4.95 times, this bond issue reflects strong investor confidence and underlines RMC’s dedication to fiscal discipline, transparency and innovation in urban governance. The Rs. 100 crore bond, issued with a five-year tenure at a 7.90% interest rate and rated AA by CRISIL, was offered on the National Stock Exchange’s Electronic Bidding Platform. The Government of India’s Rs. 13 crore interest subsidy for cities issuing municipal bonds will help reduce…

12 Nov

200-Hour Certified Yoga Teacher Training Rishikesh- A Life-Changing Experience

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New Delhi [India] November 12: A 200-hour course for certified yoga teachers There is more to Rishikesh than a certification. Aspiring yoga teachers can set out on a path of skill improvement, spiritual development, and self-discovery. This will enable you to fulfil your ambition of teaching yoga. A thorough program is offered by the 200-hour Certified Yoga Teacher Training Rishikesh. Your confidence in becoming a certified yoga instructor will increase as a result. This introductory course covers all facets of yoga, including anatomy, philosophy, and hands-on teaching methods. Yoga practice and study are part of the 200-hour YTT, which takes 24 days to…

11 Nov

Indian Economy, Trump and Much Ado About US Fed Rates

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New Delhi [India], November 11: Trump’s resounding win did not just add US$12 billion to Elon Musk and caused a broader rally across the US equity markets. One may justify the optimism due to the expected policy changes in stocks, but the subject that is less talked about is the rates. US government bonds dropped dramatically on the expectation of higher rates and for longer. For various reasons well known to investors, the US dollar plays an important role in global economics. It is not just the world’s reserve currency; it is also the denominator for the price of global…

11 Nov

Raghu Vamsi Group acquires UK-based PMC Group

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Hyderabad (Telangana) [India],November 11: Hyderabad based Raghu Vamsi Group, a Tier One manufacturer of high precision and hi-critical components, sub-assemblies, and systems for global OEMs like Boeing, GE Aviation, Honeywell, Rolls Royce, Collins Aerospace, Halliburton, Eaton, Cytiva etc. Celebrated its successful 100% acquisition of PMC Group, a leading UK-based precision machining company specializing in components for the Oil & Gas industry. The acquisition of PMC Group represents a strategic step forward in Raghu Vamsi Group’s vision to enhance its global footprint and expand its capabilities by moving up the value chain in providing high-precision products and solutions to critical industries…

11 Nov

Amid FTA Uncertainty between India and the UK, Consider Self-Sponsorship as a Solution for UK Immigration

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Mumbai (Maharashtra) [India] November 11: The UK is a preferred international destination for 89% of Indian businesses, according to new research. But while mid-market businesses recognise the opportunities the UK offers, a key barrier to trade and investment is a restrictive immigration and visa regime. Also, the need for detailed business documentation and proof of economic contribution’ is posing a challenge for investors. With a Free Trade Agreement (FTA) between India and the UK yet to materialise, visa specialists point to the self-sponsorship system as a solution. The scheme was pioneered by British legal firm A Y & J Solicitors and…

11 Nov

Taneira and JJ Active Host An Exhilarating Experience With A Saree Run In Bengaluru

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Bengaluru (Karnataka) [India], November 11: This Sunday, Taneira, a Tata product, joined forces with Bengaluru-based fitness company JJ Active to host a fun morning run. With a congregation of 9,000 women draped in a diverse range of exquisite weaves from across the country, Shalini Grounds in Jayanagar turned into a spectacular vision of colour, camaraderie and community. A powerful celebration of feminity, fitness and freedom, the Bengaluru Chapter of the Taneira Saree Run was flagged off by Mr. Tejasvi Surya, MP from Bangalore South, Mr. Ambuj Narayan, CEO of Taneira, and Coach Pramod from JJ Active. Much like the spirit…

08 Nov

Kennametal India sales higher by 4.8 Percent for Q1 FY25, PBT up 28.6 Percent

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Bengaluru (Karnataka) [India] November 8: Kennametal India Limited concluded Q1 FY25, ended September 30, 2024, registering sales of ₹ 2,704 Mn, 4.8% higher as compared to ₹ 2,579 Mn in the same quarter last fiscal year, driven by volume growth in both the Hard Metal and Machining Solutions Group businesses. Profit Before Tax (PBT) after exceptional item was ₹337 Mn against ₹262 Mn, up 28.6% over the same quarter, last fiscal year. Commenting on the results, Vijaykrishnan Venkatesan, Managing Director, Kennametal India said, “In Q1, our team continued to deliver profitable growth through cost efficiency measures and strong topline growth.…

08 Nov

RCS and Google Wallet services launch on L&T Metro Rail Hyderabad Ltd

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New Delhi [India] November 8: Powered by Billeasy and Route Mobile, L&T Hyderabad Metro commuters will now be able to book Digi-Tickets from RCS and store them directly on Google Wallet. This makes L&T Metro Rail Hyderabad the first Metro Rail project in the world to launch ticket booking on RCS & Google Wallet. Unlike traditional SMS, RCS offers enhanced communication capabilities, allowing for interactive, conversational messaging with rich media content like info cards and carousels, suggested reply buttons, and app integrations. Since RCS is natively supported on all modern Android smartphones in India, users can now avoid the hassle…

08 Nov

Guide to Paying UPPCL Electricity Bills Online via ICICI Bank Net Banking and iMobile App

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New Delhi [India] November 8: Paying electricity bills on time is necessary to have a continuous power supply to your place. With digitalisation, the payment process of electricity bills has become really easy. Earlier, one had to stand in long queues outside the collection office for hours to pay the bill. But, today, with the digitalisation of the finance sector, you can easily make electricity bill payments online. UPPCL, which stands for Uttar Pradesh Power Corporation Limited, is a public electricity generation and distribution company owned and operated by the state government of Uttar Pradesh. The company provides electricity to…

07 Nov

Enen Green: Enacting and Enhancing A Sustainable Future

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New Delhi [India], November 7: Headquartered in Delhi in 2010, ENEN Green Service Private Limited (ENEN Green) has grown from a small team into a leading sustainability and climate change consultancy with a dedicated team of professionals. It has the distinction of being India’s first and only EcoVadis Gold-rated consultancy focused on sustainability and climate change, and it also serves as the country’s sole approved EcoVadis Gold-rated training partner. Since its inception, ENEN Green has worked with numerous businesses to help them navigate the complex landscape of sustainability. The firm’s tailored solutions are designed to help clients manage their carbon…