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Articles by Accel Partners
Jiraaf crosses INR 1000 crore in Investments
The investments on the platform grew 15x in the last 12 months Jiraaf, one of the fastest-growing high-yield alternative investment platforms in India, has recorded more than 15x growth and deployed more than INR 1,000 cr in investments as of January 2023. Jiraaf is the first horizontal fixed-income platform enabling digital participation from investors with a minimum investment size of INR 1 lakh. Investors can earn yields ranging from 8% to 20% for a period of 30 days to 3 years.
Punjab National Bank Organises Walkathon To Commemorate Har Ghar Tiranga
The initiative is inspired by Har Ghara Tiranga Campaign under the aegis of Azadi Ka Amritmahotsav, which aims at bringing our beloved national flag closer to our hearts Punjab National Bank (PNB), organised a Walkathon to commemorate India’s iconic milestone of 75 years of independence and to encourage the unfurling of the national flag at every home.
BW Marketing World, DDB Mudra Group Gear Up For Digital Almanac's Mega Launch
Creating an ecosystem that is dynamic and interconnected has substantially changed how marketers brainstorm strategies today. Digital and its various branches, for natural reasons, have come up to the top of their media and marketing list, offering the best ROI to most brands investing in it.
Atmanirbhar Bharat Not A Govt Program, But Mass Movement Of Society: PM Modi
The way the world is seeing that India is changing, there is hope in the country and the reason is the skill of 130 crore Indians, said Prime Minister Narendra Modi on Monday while addressing the nation from Red Fort. PM Modi said that the diversity of India is our strength. Being the mother of democracy gives India an inherent power to scale new heights. "Remember the time before Independence.
Sadhguru Encourages “Har Ghar Tiranga” Campaign, Sings National Anthem
As the wave of celebrations commemorating 75 years of India’s independence sweeps across the Nation, Sadhguru, Founder-Isha Foundation, has shared a soulful rendition of the National Anthem with the message: “A Mother who has stolen a billion hearts.
Indian Economy In The Ages Of Azadi Ka Amrit Mahotsav
This year we are completing 75 glorious years of being an independent nation. 15 August 1947, the day was also the beginning of the renovation of the economy. The country was badly impoverished and financially collapsed by the various attacks by the British. In the last 75 years, Indian democracy has come a long way with many twists and turns. According to Bank of America, the Indian economy is expected to become the third largest by 2031.
'Original' Shiv Sena, BJP Will Contest Maha Civic Polls Together: CM Shinde
The "original" Shiv Sena and the Bharatiya Janata Party (BJP) will contest the forthcoming elections to civic bodies in Maharashtra together, Chief Minister Eknath Shinde, who heads the rebel faction, has said. Speaking at an event in Thane, he said the rebel camp represents the "original" Shiv Sena. "The BJP and the Shiv Sena will contest the forthcoming elections to civic bodies including Thane in alliance," Shinde said on Saturday night.
From Qutub Minar To Charminar, ASI Monuments Lit Up In 'Tiranga' Theme
From Sher Shah Suri's Tomb in Bihar to Qutub Minar in Delhi, a large number of ASI monuments across India have been lit up in tri-colour theme, with Prime Minister Narendra Modi on Saturday saying the effort will surely strengthen the 'Har Ghar Tiranga' movement. The ASI has shared images, including aerial footage, of some of these sites bathed resplendently in colours of India ahead of the 75th anniversary of its Independence.
Prestige Estates Projects Is Targeting To Sell Properties Worth Ateast Rs 12,000 Cr
Realty firm Prestige Estates Projects is targeting to sell properties worth at least Rs 12,000 crore this fiscal, up 16 per cent annually, amid consolidation of housing demand towards credible developers. Prestige Estates Projects Ltd has a strong presence in South India and the company has made its foray into Mumbai market. In the last financial year 2021-22, the company's sales bookings rose 90 per cent to an all-time high of Rs 10,382.2 crore.
Rahul Karad - BW Education
Role Of Youth In Shaping Future Of Indian Politics Today India has the largest number of youth in the world. If they choose to serve the nation substantially, they must understand the machinery of our democracy and share their strong shoulders to steer the wheels to the direction they want Read More
New Law For SEZs: Commerce Ministry Proposes Host Of Incentives
The commerce ministry is proposing a host of direct and indirect incentives such as deferral of import duties and exemption from export taxes to revamp Special Economic Zones through a new legislation, an official said. In the Union Budget this year, the government proposed to replace the existing law governing Special Economic Zones (SEZs) with a new legislation to enable states to become partners in 'Development of Enterprise and Service Hubs' (DESH).
Centre Comes Up With Plan To Enhance Agro Exports To $23.56 Bn In FY23
The Ministry of Commerce and Industry’s export promotion body for agricultural products APEDA has set an export target of USD 23.56 billion for the financial year (FY) 2022-23. The ministry in a statement said that the APEDA has made an outreach strategy for the promotion of agro-export to accomplish the export target and 300 events will be organised under the plan.
Role Of Youth In Shaping Future Of Indian Politics
India as a practising democracy has always been celebrating her pluralistic, socio-cultural and political polarity. Beneath the sheath of our political, religious and other identities, we do possess a spirit of unity, of being one for this dear motherland. We mould the divergent ideologies of language, culture and religion into an augmented harmony. The inclusiveness has always been there in the national blood even during foreign subjections, stretching through centuries.
Big Bull Rakesh Jhunjhunwala Passes Away At Age 62
BW Businessworld He had an estimated net worth of $5.5 Billion (as of July 2022), which made him the 36th richest man in India. Photo Credit : 1660449237_hggChe_Screenshot_2022_08_14_09_23_13.jpg Rakesh Jhunjhunwala, Indian billionaire business magnate, stock trader and investor, has passed away at age 62, according to media reports. Born on July 5, 1960, Jhunjhunwala grew up in a Rajasthani family, in Bombay, where his father worked as a Commissioner of Income Tax.
AM Gautam - BW Education
Coward Attacks Literary Giant, Achieves Nothing Famous author Salman Rushdie was assaulted in Chautauqua, New York, as he waited to deliver a lecture. He's is said to be in critical condition, according to latest reports Read More
BW Education | Aditya Mahendra Gautam
Coward Attacks Literary Giant, Achieves Nothing Famous author Salman Rushdie was assaulted in Chautauqua, New York, as he waited to deliver a lecture. He's is said to be in critical condition, according to latest reports Read More
Coward Attacks Literary Giant, Achieves Nothing
BW Businessworld Famous author Salman Rushdie was assaulted in Chautauqua, New York, as he waited to deliver a lecture. He's is said to be in critical condition, according to latest reports Photo Credit : 1660419541_k1Yn5k_220812122607_01_salman_rushdie_file_2019_restricted_large_169.jpg A 75-year-old man was stabbed multiple times in New York and has been admitted to a hospital with serious injuries. It sounds like the usual news in our world, nothing special.
US Expresses Concern Over Russian Origin Of Fuel Shipped To US Via India
The United States has expressed concern to India that it was being used to export fuel made from Russian crude, through high-seas transfers to hide its origin, to New York in violation of US sanctions, a top Indian central banker said on Saturday.
Upgrad Concludes a Valedictorian Ceremony For IMT Ghaziabad Learners
1200+ learners completed the Post Graduate Program in Management with IMT Ghaziabad upGrad hosted a virtual valedictorian ceremony for over 1200 learners who have completed the Post Graduate Program in Management with IMT Ghaziabad. The program was powered by upGrad. Sumit Mathur - CMO, Kellogg India and Sethunathan L - CMO, JSW Cement joined as the chief guests, along with Prof. Vishal Talwar, Prof Puja Aggarwal Gulati, and Prof Sapna Popli from IMT Ghaziabad.
British Council, Tamil Nadu Govt Complete English Programme For State Officers
British Council and the Government of Tamil Nadu have an active Memorandum of Understanding (MoU) that focuses on collaboration for English language training of Tamil Nadu’s youth Grace Pachuau, IAS, Additional Commissioner, Industries & Commerce, Government of Tamil Nadu and Janaka Pushpanathan, Director, South India, British Council today announced the completion of a customised English language development course for the personnel of the Department of Industries and Commerce, Government of...
Rishihood Hosts Sri Aurobindo Lectures
Lecture series to celebrate 150th birth anniversary of Sri Aurobindo The Centre for Human Sciences, Rishihood University, inaugurated an Indian Council of Philosophical Research (ICPR)-sponsored series of lectures on ‘Sri Aurobindo’s Political and Cultural Philosophy: Nationalism and Swaraj’ at the Bharatiya Vidya Bhavan, New Delhi, to celebrate the 150th birth anniversary of Sri Aurobindo. It was a grand event that also marked ‘Azadi ka Amrit Mahotsav’ in India’s 75th year of Independence.
IIP Growth Slows Down To 12.3% YoY In June
India's industrial production grew in double digit for the second month in a row at 12.3 per cent in June mainly due to strong performance by manufacturing, power and mining sectors, according to official data released on Friday. However, the data showed that the industrial output growth is lower than 19.6 per cent recorded in May this year. It was 6.7 per cent in April.
Carving Out A Sustainable Future: My Message To The Leaders Of Tomorrow
Climate change is a critical global challenge, moving at an astonishing speed, that requires bold and swift intervention from one and all. There is a need to accelerate our efforts to find smarter solutions to climate change and biodiversity loss. A commitment across generations is important. The youth constitute a large part of the workforce and are the leaders of tomorrow who will need to shoulder the responsibility for the generations to come.
Afrojack and Dimitri Vegas Like Mike To Perform In Sunburn Goa 2022
With the theme of ‘The Future Is Now’, Sunburn Goa 2022 will showcase a three-day live event in December 16th edition of Asia’s biggest electronic dance music festival, Percept Live, creators of Sunburn have unveiled their much-awaited performance line-up.
YES Bank Enables Its Business Enterprise Customers To Go Live On ONDC
BW Businessworld ONDC is a strategic initiative aimed to democratie the entire digital commerce space Photo Credit : 1594278325_DaG0zQ_1000x_1.jpg YES Bank on Saturday announced its partnership with SellerApp, a seller-centric intelligence platform, to facilitate adoption of Open Network Digital Commerce (ONDC) amongst the seller segment of its customer base and help them increase their digital commerce footprint.
Canadian coffee brand Tim Hortons opens in Delhi NCR
Tim Hortons is Canada’s largest restaurant chain operating in the quick service industry, and international expansion has become an increasing priority for the brand Tim Hortons, Canada's iconic coffee and baked goods brand established in 1964, has opened in, India as part of an exclusive agreement with a joint venture entity owned by Apparel Group and Gateway Partners.
CM Kejriwal Urges Delhiites To Hoist National Flag At Their House
Chief Minister Arvind Kejriwal has urged Delhiites to hoist the national flag at their houses under the 'Har Ghar Tiranga' campaign beginning Saturday, saying the tricolour was honour and glory of the country. The Kejriwal government has planned to distribute 25 lakh tricolours among school children and people in every nook and corner of the capital and hold various other patriotic programmes to celebrate the 75 years of Independence. "The tricolour is our pride, honour, glory and life.
Stepping Into A New Future With IRINN And IPv
Today, the traditional communication networks are undergoing a big change and are converging into packet-based Next Generation Networks (NGN) which run on Internet Protocol (IP). Now, what are the Internet Protocols? They are communications protocols used for relaying packets of data across a network. The Internet Protocol's current version, IPv4, is about 27 years old and has many limitations. It is now getting replaced by Internet Protocol version 6 (IPv6) to overcome the limitations.
Focus On Customers, Solve Their Problem Immediately: Vaishnaw To BSNL Staff
Telecom minister Ashwini Vaishnaw on Friday asked BSNL staff to focus on customers and solve their problem immediately in order to help in turning around the fortunes of the loss-making organisation. The government has approved a package of Rs 1.64 lakh crore for the company and now responsibility lies on everyone to make the organisation very strong, the minister said. "I am rock solid with you. The Prime Minister is with you. Now, we have to be with our customers. Every customer is God.
Atal Incubation Centre, NMIMS Inks MoU With Legalwiz.in
The incubatees at AIC NMIMS will be able to avail the services of Legalwiz.in at a preferential discounted price AIC NMIMS, one among the many Atal Incubation Centres in India funded by Atal Innovation Mission set up by NITI Aayog, has recently inked a Memorandum of Understanding (MoU) with Legalwiz.in, a leading legaltech company founded in April 2016 to help start-ups with legal, financial, corporate and taxation compliances.
Delhi Reports 5th Monkeypox Case, Patient Returned From Nigeria
Delhi reported its fifth monkeypox case with a 22-year-old African woman testing positive for the infection, official sources said on Saturday. The woman had travelled to Nigeria a month ago. She was admitted to LNJP Hospital two days ago and her reports came out on Friday night, confirming that she was positive. She is the second woman in the national capital to contract the infection.
Vishal Gupta Appointed as Executive Vice President By Nykaa
BW Businessworld Nykaa recently announced the appointment of Vishal Gupta as Executive Vice President, Consumer Beauty Brand. Photo Credit : 1589278706_gwD1Dc_Nykaa_Logo_website.jpg Nykaa recently announced the appointment of Vishal Gupta as Executive Vice President, Consumer Beauty Brand. A graduate of IIT Delhi and IIM Bengaluru, Gupta has nearly 30 years of experience in FMCG.
What s Next For The Payments Industry-Rishi Chhabra
BW Businessworld Witnessing the evolution of the payments industry powered by innovation, it’s fair to say that this is just the start. Fueled by multiple factors, the industry today is benefitting both consumers and merchants, while following evolving regulatory guidelines Photo Credit : 1480333589_oEEuAw_Digital-payment-st.jpg The Indian payments ecosystem has had a revolutionary journey from cash to digital.
Bata Set To Expand Asset-Light Franchise
BW Businessworld To expand physically, Bata India is all set to adopt asset-light franchise. Photo Credit : 1491334069_bIn5Ym_1491319728_UDhaLG_bata.jpg To expand physically, Bata India is all set to adopt asset-light franchise. After the recently concluded annual general meeting (AGM), it was decided that 80 per cent of its physical store expansion will be undertaken through the route of the franchise.
National Flag Prices Hiking Daily; Nation To Celebrate Amrit Mahotsav
BW Businessworld PM Modi has started the campaign of Har Ghar Tiranga, since the the demand of the tricolor is growing day by day Photo Credit : 1660359600_kwy77e_PhotoGrid_1660359555386.jpg Indian flag Ashish Sahu, 31, is happy as the demand for the national flag is skyrocketing immediately after the government has launched a campaign "Har Ghar Tiranga" to formally entrust Indians with the personal responsibility of respecting the national flag.
With Alibaba Stake Cut, SoftBank's Son Cools Toward China Tech
SoftBank Group Corp's decision to sell down its Alibaba Group Holding, stake for a USD 34 billion gain may be aimed at bolstering its finances, but it also underlines how CEO Masayoshi Son has cooled on China tech. Son was formerly one of the sector's biggest cheerleaders and Alibaba is his most famous bet, immensely profitable and for his fans, symbolic of his foresight and investing acumen.
Godrej Industries Q1 Profit Up 38% At Rs 258 Cr; Revenue Rises 39%
Godrej Industries on Friday reported 38 per cent rise in consolidated net profit at Rs 257.60 crore for the quarter ended 30 June , 2022. The company had posted a net profit of Rs 185.99 crore for April-June period a year ago, Godrej Industries said in a BSE filing. Revenue from operations was Rs 4,024.55 crore in the quarter as against Rs 2,890.49 crore. Total expenses were at Rs 3,967.54 crore as compared with Rs 2,945.53 crore a year ago.
Jharkhand Govt Drafts Rs 2 300 Cr Plan To Provide Drinking Water Facilities To 10 Lakh People
The Jharkhand government has drafted a Rs 2,300 crore plan to provide drinking water facilities to around 10 lakh people living in areas under 18 urban local bodies of the state. The projects will be funded by agencies such as the World Bank, Asian Development Bank and the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme of the central government, an official release said here on Saturday.
Rester Hotels & Resorts announces signing of hotel in Indore
With this, the Rester group will have 11 operational hotels Rester Hotels and Resorts will bring its brand new hotel Rester Select to the commercial capital of Madhya Pradesh, Indore. Slated to open in October at Mahalaxmi Nagar, it will feature deluxe, club and suite rooms, multi-cuisine restaurant with bar and gym. With the addition of this hotel, the Rester group will have 11 operational hotels.
US Tightens Export Controls On Advanced Chip, Gas Turbine Engine Tech
The United States on Friday adopted new export controls on technologies that support the production of advanced semiconductors and gas turbine engines that it said are critical to its national security. The "emerging and foundational technologies" covered by the move include gallium oxide and diamond, because "devices that utilize these materials have significantly increased military potential," the Commerce Department said.
CCPA Moves Appeal Against Delhi HC Over Stay On Restaurant Guidelines
BW Businessworld The Central Consumer Protection Authority (CCPA) has appealed a July 20 order in the Delhi High Court, which overturned CCPA's new guidelines banning restaurants from adding service charges to meals by default. Photo Credit : 1577178687_NZAQdw_Delhi_High_Court_2.jpg The Central Consumer Protection Authority (CCPA) has appealed a July 20 order in the Delhi High Court, which overturned CCPA's new guidelines banning restaurants from adding service charges to meals by default.
It's The Age Of Drones, For Telcos
The unbelievable demand for drone applications across sectors continues to soar. The case is being pushed harder now than ever with the arrival of 5G. But interestingly, the emergence of drone applications in the era of 5G means that telcos have new business opportunities. Not too long ago, drones were assumed to be of use to the defence more than any other sector, but that is changing fast as its applications across domains offer a lot of promise to humanity at large.
21-23 Per Cent Revenue Growth Predicted For Apparel Retailers: Research Predicts
BW Businessworld Contributions from strong same-store sales, new store openings, and online channels are expected to drive apparel retailer sales growth of 21-23% this fiscal year. Photo Credit : 1499846307_siNwfJ_Textiles.jpg Contributions from strong same-store sales, new store openings, and online channels are expected to drive apparel retailer sales growth of 21-23% this fiscal year, an increase of 500 basis points (bps) from pre-pandemic levels, says Crisil research.
JW Marriott Bengaluru Prestige Golfshire Resort & Spa to host special I-Day brunch
The brunch will be held from 12:30 pm and 4 pm on Monday JW Marriott Bengaluru Prestige Golfshire Resort & Spa brings together the spirit of freedom with its new Great Independence Day Brunch from 12:30 pm to 4:00 pm on August 15, 2022. The brunch was recently launched at ‘The Aviary’, an outlet ideal for both a quick getaway and a long refreshing escape, where one may sit back and enjoy a soulful bird-watching experience with an expansive, panoramic view of the Nandi hills.
Delhi Govt. Carries Out Drive Against Edible Oil Adulteration
BW Businessworld The Delhi government, on Friday, said that it started carrying out a drive against adulteration of edible oils and multi-source edible oils. Photo Credit : 1638166583_ytnTNk_sweets.png The Delhi government, on Friday, said that it started carrying out a drive against adulteration of edible oils and multi-source edible oils. This was done by sending sweet samples from confectionaries to laboratories to keep a check on such malpractices during the upcoming festive season.
Govt Spending On Health, Education Can't Be Freebies: M K Stalin
Tamil Nadu Chief Minister M K Stalin on Saturday said the expenditure incurred by the government on education and health cannot be construed as freebies and stated such measures were being extended to the poor and those living in the fringes.
Rushdie's Stabbing Suspect Sympathetic To Iran's Revolutionary Guards: Report
The 24-year-old man detained in connection with the stabbing of Mumbai-born controversial author Salman Rushdie was sympathetic to "Shia extremism" and the causes of Iran's Islamic Revolutionary Guard Corps, according to a media report. Rushdie, who faced Islamist death threats for years after writing "The Satanic Verses", was stabbed on stage on Friday while he was being introduced at the event of the Chautauqua Institution in Western New York.
7,000 Expected At Red Fort On Independence Day, Security Heightened
A multi-layered security cover has been put in place and facial recognition system (FRS) cameras installed at the entry point of the Red Fort from where Prime Minister Narendra Modi will address the nation on Independence Day, officials said on Saturday. According to the police, around 7,000 invitees will arrive at the Red Fort, while over 10,000 police personnel will be deployed around the monument on Monday.
Himachal Pradesh: Congress Walks Out Of Assembly Over Old Pension Scheme
BW Businessworld The Congress legislators sought the adjournment motion under Rule 67 of Rules of Procedure and Conduct of Business in the Legislative Assembly Photo Credit : 1484719492_z4Y231_Pension-shutterstock_470.jpg The opposition Congress on Saturday staged a walkout from the Himachal Pradesh Assembly during the Question Hour, seeking an adjournment motion for discussion on the Old Pension Scheme (OPS).
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