by PTI News | Mar 1, 2022 | 5:38 pm | News
New Delhi, Mar 1 (PTI) Indian ultra-high net worth individuals (UHNWI), those having net worth of USD 30 million (about Rs 226 crore) and above, allocated 11 per cent of their investable wealth towards luxury items like art, jewellery, classic cars, watches and handbags, according to Knight Frank. "11 per cent of the investable wealth [...]
by PTI News | Mar 1, 2022 | 5:34 pm | News
New Delhi, Mar 1 (PTI) Tech giant Microsoft on Tuesday announced that its Chief Executive Officer Satya Nadella's son Zain Nadella, who was born with cerebral palsy, has died. He was 26."Very sadly Satya's son Zain Nadella has passed away. The Nadellas are taking time to grieve privately as a family," a Microsoft spokesperson said [...]
by PTI News | Mar 1, 2022 | 5:31 pm | Corporate Action, News
New Delhi, Mar 1 (PTI) The Canada Pension Plan Investment Board (CPPIB) will invest Rs 2,650 crore in a joint venture with Bengaluru-based realty firm RMZ Corp to develop and acquire commercial projects across India. RMZ Corp and CPPIB announced that they have entered into their second joint venture to develop and hold commercial office [...]
by PTI News | Mar 1, 2022 | 5:31 pm | News
Mumbai, Mar 1 (PTI) Nasdaq-listed Concentrix Corporation, which provides customer experience solutions and technology, will double its headcount here to over 5,000 this year.Concentrix Catalyst, the local arm of the US parent, already employs 2,500 here, having hired more than 300 in the last quarter alone at the newly-created experience design and engineering team, it [...]
by PTI News | Mar 1, 2022 | 5:15 pm | News
New Delhi, Mar 1 (PTI) India's cashless retail transactions on UPI platform were worth Rs 8.27 lakh crore in February, slightly lower than the amount recorded in the previous month, data from the National Payments Corporation of India (NPCI) showed on Tuesday. There were a total of 452 crore (4.52 billion) transactions in February 2022. [...]
by PTI News | Mar 1, 2022 | 5:15 pm | News
New Delhi, Mar 1 (PTI) Nearly 30 per cent wealth of Indian ultra-high-net-worth individuals (UHNWIs) was allocated towards purchase of principal and second housing properties last year, according to Knight Frank. In its attitude survey, part of the Wealth Report 2022, property consultant Knight Frank India said that 29 per cent wealth of Indian UHNWIs, [...]
by PTI News | Mar 1, 2022 | 4:52 pm | Commodities, Commodity Prices, Economy, News
Mumbai, Mar 1 (PTI) The ongoing crisis in Ukraine is set to push the country's import bills beyond the USD 600 billion mark this fiscal, given India's import dependence on crude oil, natural gas, gems and jewellery, edible oils and fertilisers, which can lead to a spike in inflation and current account deficit, and a [...]
by PTI News | Mar 1, 2022 | 4:38 pm | Economy, News
New Delhi, Mar 1 (PTI) CryptoWire on Tuesday said it has entered into an agreement with cryptocurrency exchange Bitbns to commence trading on India's first global crypto index IC15 beginning next month. With the commencement of trading on IC15, an index of cryptocurrencies, around 4 million users of Bitbns will get the benefit of trading [...]
by PTI News | Mar 1, 2022 | 4:34 pm | News
New Delhi, Mar 1 (PTI) Tech giant Microsoft has said its Chief Executive Officer Satya Nadella's son Zain Nadella has died.Zain was 26 and was born with cerebral palsy."Very sadly Satya’s son Zain Nadella has passed away. The Nadellas are taking time to grieve privately as a family," a Microsoft spokesperson said in response to [...]
by PTI News | Mar 1, 2022 | 4:24 pm | News
Mumbai, Mar 1 (PTI) The US-based Tarsadia Foundation has tied up with Dasra to launch a 'resilience fund' to help communities impacted by the pandemic by supporting non-profits with a financial aid of over Rs 500 crore over 10 years. Maya Patel, executive chair of the foundation, said with the third wave of the pandemic [...]
