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RBI raises cap on e-RUPI vouchers to Rs 1 lakh, allows multiple-usage

Mumbai, Feb 10 (PTI) The Reserve Bank on Thursday increased the cap on the e-RUPI prepaid digital vouchers to Rs 1 lakh from Rs 10,000 and permitted its usage multiple times to facilitate digital delivery of various government schemes to the beneficiaries.The e-RUPI prepaid digital voucher, developed by the National Payments Corporation of India (NPCI), [...]

Pure Storage to Contribute to ‘Make in India’ by Expanding Research & Development Capabilities in the Country

Ajeya Motaganahalli appointed as Managing Director, India R&D BANGALORE, India, Feb. 10, 2022 /PRNewswire/ -- Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, announced today plans to expand its Research & Development (R&D) capabilities in India. The company also announced the appointment of Ajeya Motaganahalli as Managing Director [...]

RBI to enhance VRR cap for foreign investors by Rs 1 lakh crore from April 1

Mumbai, Feb 10 (PTI) The voluntary retention route (VRR) cap for foreign portfolio investors (FPIs) will be enhanced by Rs 1 lakh crore to Rs 2.50 lakh crore, given the increased interest shown by them, Reserve Bank of India Governor Shaktikanta Das announced on Thursday.The enhancement of VRR, which seeks to provide a separate channel, [...]

Shadowfax Technologies Recognized as a Great Place to Work in 2022

Bangalore, Karnataka, India – Business Wire India Shadowfax Technologies, India's leading crowdsourced platform for last-mile deliveries, has been recognized as the "Great Place to Work.” The coveted accreditation arrives just in time, adding another feather to the firm's already impressive crown, identifying the firm's ongoing efforts toward developing a sustainable growth culture. Great Place to [...]

RBI holds interest rate steady at record low

Mumbai, Feb 10 (PTI) The Reserve Bank of India (RBI) held its key lending rates steady at record low levels for the 10th straight meeting to support a durable recovery of the economy from the COVID-19 pandemic. RBI Governor Shaktikanta Das said the monetary policy committee decided to hold the lending rate, or the repo [...]

FIRMENICH DELIVERS STRONG RESULTS IN FIRST HALF OF FISCAL YEAR 2022, DESPITE CHALLENGING RAW MATERIAL AND SUPPLY CHAIN ENVIRONMENT

GENEVA, Feb. 10, 2022 /PRNewswire/ -- Firmenich International SA, the world's largest privately-owned Fragrance and Taste company, announces its Half Year Results for the six months ended 31 December 2021. Financial Highlights • Revenue reached CHF 2,241 million, up +12.3% year-over-year at constant currency[1]. On a reported basis, Revenue increased +12.2% year-over-year • EBITDA[2] of [...]

Marking the 3rd year of the Pulwama Attack HarperCollins Publishers India announces the release of As Far as the Saffron Fields: The Pulwama Conspiracy By Danesh Rana

NEW DELHI, Feb. 10, 2022 /PRNewswire/ -- The story of a region in conflict, told through the story of a single terror attack. Based upon personal interviews with the protagonists, police chargesheets and other evidence. As Far as the Saffron Fields is by far the most definitive book on the Pulwama attack, going where no [...]

Prime Video teams up with NBCUniversal’s hayu to bring popular reality TV shows to India

Mumbai, Feb 10 (PTI) Streaming service Prime Video has collaborated with hayu, NBCUniversal's ad-free OTT platform, to bring popular reality TV shows such as "The Real Housewives", "Below Deck" and "Top Chef" to the Indian audiences.hayu will be available on Amazon's streaming service as an add-on subscription, the company said in a statement on Thursday.hayu [...]

Persistent to acquire Data Glove assets for USD 90.5 million

New Delhi, Feb 10 (PTI) IT company Persistent Systems will acquire assets of Data Glove for USD 90.5 million (about Rs 677 crore) in an all-cash deal, the company said in a regulatory filing on Thursday.Through this deal, Persistent will acquire assets of Data Glove Inc, USA, with assets of its Indian subsidiary and affiliate [...]
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