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Opportunity India Desk Sep 28 2023 - 2 min readHaryana Textile Association has expressed its desire to invest INR 2,000 crore in Uttar Pradesh. A delegation consisting of 21 members has announced plans to establish 50 industrial units in the initial phase, with this investment anticipated to generate job opportunities for more than 25,000 individuals, both directly and indirectly, within the state. ...
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Opportunity India Desk Sep 28 2023 - 2 min readBLive, a multi-brand EV platform on Thursday joined hands with RunR Mobility to introduce its revolutionary range of EVs to BLive EV stores across India, the company said in a press release. Gujarat-based RunR Mobility manufactures indigenous smart-electric scooters with swappable batteries. The company boasts a massive, cutting-edge 4.2-acre plant ...
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Opportunity India Desk Sep 28 2023 - 2 min readBMW on Thursday launched its much-awaited iX1 xDrive30 SUV to the Indian market which will be bought in India via Completely Built-up Unit (CBU). It will cost around INR 66.9 lakh (ex-showroom). The SUV is based on the popular BMW X1, which was not just the bestselling luxury SUV for the ...
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Opportunity India Desk Sep 28 2023 - 2 min readIDP Education, the leader in international education services has signed an agreement with the State Bank of India (SBI) to assist students seeking education loans for their overseas studies. According to the partnership, two industry leaders combine their expertise and simplify the financing journey for aspiring students pursuing education abroad.
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Opportunity India Desk Sep 28 2023 - 2 min readMusashi Auto Parts India, a wholly-owned subsidiary of Musashi Seimitsu Industries, and a leading manufacturer of two and four-wheeler transmission components in India has joined hands with Delta Electronics and Toyota Tsusho Corporation to sell electric vehicles drive units for two-wheelers in the country. According this joint venture, the companies will ...
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Opportunity India Desk Sep 27 2023 - 3 min readThe Finance Ministry has issued the final rules pertaining to the valuation of the shares issued by unlisted startups to resident and non-resident investors under the new angel tax mechanism introduced in the Finance Act, 2023. The Central Board of Direct Taxes (CBDT) stated that the valuation of compulsorily convertible preference ...