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Flipkart Launches Unified Payments Interface (UPI)
Flipkart launches its unified payments interface (UPI) services for online and offline payments . The service will initially be available for Android users, according to a company statement . It claims to have more than 50 crore registered users and 14 lakh sellers on its marketplace .
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Read more at News18
Vedanta Resources to Deleverage $3 Billion Debt
Vedanta Resources does not foresee a rollover of its loans . It plans to deleverage as much as $3 billion debt over the next three years, a senior official said at an analyst meeting . The parent company has multiple avenues to meet its debt obligation .
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Read more at The Times of India
Vedanta Resources to Deleverage $3 Billion Debt
Vedanta Resources plans to delever as much as $3 billion debt over the next three years, a senior official said . The financial year 2025 maturities of $1,100 million and close to USD 750 million of interest servicing would be managed through brand fees, dividends from operating companies .
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Read more at Business Today
Vedanta Resources to Deleverage Debt by USD 3 Billion Over Next 3 Years
Vedanta Resources does not foresee a rollover of its loans, a senior official said . It plans to deleverage as much as USD 3 billion debt over the next three years . The financial year 2025 maturities of USD 1,100 million and close to USD 750 million of interest servicing would be managed through brand fees .
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Read more at News18
Setting of Herbal Extract Business (SHEB) Program
5-day hands-on entrepreneurial training program titled 'Setting of Herbal Extract Business (SHEB) is set to take place from March 11 to March 15, 2024 . The event is organized by Medi-Hub, a Technology Business Incubator (TBI) dedicated to the advancement of agri-business in the realm of medicinal and aromatic plants . Participants can expect to gain valuable knowledge and skills essential for establishing successful ventures in the herbal extract business .
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Read more at Krishi Jagran
Goa Enterprise Excellence Awards
The Herald Group will present the Enterprise Excellence Awards in six categories today, March 3, at 7 pm at Planet Hollywood Beach Resort, Utorda . The Herald team put out a call for nominations and received a total of 50 nominations across different categories .
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Read more at Herald Goa
Bank Holidays in March 2024
Banks across states will remain closed for 14 days in March . This includes public holidays, regional holidays, and regular closures on second and fourth Saturdays and all Sundays . In Bihar, state-specific holidays include Bihar Diwas on March 22, and Yaosang second day/Holi on March 26 and 27 . Online banking services and ATMs will work smoothly .
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Read more at Business Today
Rameshwaram Cafe Blast in Bengaluru
Dr. G Parameshwara shed light on the ongoing Rameshwaram Cafe blast . He highlighted potential motives such as business rivalry, upcoming elections, and scaring investors due to the stable government in the state .
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Read more at Times Now
Bengaluru Rameshwaram Cafe Bomb
Police have intensified its probe to trace the accused who planted the bomb at the city’s popular cafe on Friday, injuring 10 people . The National Investigation Agency (NIA) is likely to take over the investigation into the blast .
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Read more at India Today
Rameshwaram Cafe Bomb - The Prime Suspect
Dr. G. Parameshwara said business rivalry, impending elections and terrorising investors coming to Bengaluru . He said eight teams are working to crack the case and they are accompanied by the National Investigation Agency (NIA), National Security Group (NSG) and Intelligence Bureau (IB)
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Read more at The Hindu