Adani's Launch of $1.2 Billion Copper Plant Set to Enhance India's Metal Manufacturing Landscape
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Under the banner of Kutch Copper, a subsidiary of Adani Enterprises Ltd, the inaugural phase of the USD 1.2 billion greenfield copper refinery commenced operations, with the dispatch of the maiden batch of cathodes to clientele, as per an official statement released by the company.
Unveiling the Dominance of 'Underdog' Founders in the Global Unicorn Landscape: Insights from a Recent Report
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Surprisingly, the study uncovered that a staggering 70% of unicorns have founders who fit the underdog archetype, such as immigrants, women, and individuals from diverse racial backgrounds. This marks a significant departure from the traditional narrative dominated by male founders, with a noteworthy 17% of unicorns featuring female founders in 2023, as reported by TechCrunch.
ShareChat Raises Close to $49 Million from Major Investors, Reveals Report
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According to a report by startup news outlet Inc42, referencing the company's regulatory filings, this infusion of capital is aimed at aiding ShareChat in its journey towards profitability within the next 12 to 15 months.
India can push growth close to 9 pc by implementing a few more reforms in next 5 years: Panagariya's Vision
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Speaking at the Times Now Summit, Panagariya highlighted India's open economy and predicted sustained rapid growth over the next few decades. The recent third-quarter GDP growth of 8.4 percent surpassed expectations, indicating the country's economic resilience.
India's 2025 GDP Growth Estimate Upgraded to 6.8% by Morgan Stanley
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The firm elaborated on its revised projections, stating, "We anticipate a year-on-year GDP growth of 6.8 percent in fiscal year 2025, marking a 30 basis points increase from our earlier projection of 6.5 percent, driven by the continued traction in industrial and capital expenditure activities. Furthermore, on a calendar year basis, we foresee a growth rate of 6.8 percent in 2024, up from the previous estimate of 6.4 percent."
Entire Crew of Baltimore Bridge-Colliding Container Ship Comprised of Indian Nationals, Confirms Company
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According to information provided by the Synergy Marine Group, all crew members aboard the "Dali" were Indian nationals. The vessel, with a capacity of 10,000 TEU and carrying 4,679 TEU onboard, is owned by Grace Ocean Private Ltd and was en route from Baltimore to Colombo.
LIC Faces Rs 178 Crore GST Demand Notice
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The Life Insurance Corporation of India (LIC) revealed on Tuesday that tax authorities have issued a demand notice amounting to approximately Rs 178 crore for the underpayment of Goods and Services Tax (GST) over two financial years.
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