Articles

Big Bull of Dalal Street Rakesh Jhunjhunwala passes away at 62

Opportunity India Desk Aug 14, 2022 - 2 min read

Big Bull of the Dalal Street, one of the most prominent investor in Indian stock market and Founder of the budget airline Akasa Air Rakesh Jhunjhunwala passed away on Sunday. One of the richest among riches in India, Jhunjhunwala was 62. He was declared brought dead to the Breach Candy Hospital in Mumbai around 6:45 ...

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Johnson & Johnson To End Global Sales Of Talc-Based Baby Powder

Opportunity India Desk Aug 12, 2022 - 3 min read

The drugmaker Johnson & Johnson has decided to stop selling talc-based baby powder globally in 2023, over two years after it ended US sales of a product that drew thousands of consumer safety lawsuits. “As part of a worldwide portfolio assessment, we have made the commercial decision to transition to an all cornstarch-based baby powder ...

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AUM of Fintech Industry to Reach USD 1 Trillion by 2030: EY Report

Opportunity India Desk Aug 12, 2022 - 2 min read

Fintech Industry in India will reach USD 1 trillion, by 2030, says a report by Venture capitalist firm Chiratae Ventures and consulting firm Ernest and Young. In terms of revenue generation, the industry in terms of Asset under Management and USD 200 billion in terms of revenue, a joint report by The report also said ...

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Govt Launches Automated Online Data Transfer To Monitor PLI Scheme For Auto

Opportunity India Desk Aug 12, 2022 - 3 min read

Ministry of Heavy Industries has launched Automated Online Data Transfer for capturing critical data related to Domestic Value Addition (DVA) from the PLI applicant’s Enterprise Resource Planning (ERP) system to PLI Auto Portal. All approved applicants of the PLI Scheme have their own ERP system. ERP is a type of software that organisations use to manage business ...

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Aakash BYJU'S Launches 'Education for All' To Empower Girl Child

Opportunity India Desk Aug 11, 2022 - 3 min read

To celebrate the Government of India’s Azaadi ka Amrit Mahotsav initiative, Aakash BYJU’S, the national leader in test preparatory services, is organising a major drive towards inclusivity and empowerment of girl students in the arena of private coaching for higher education through ‘Education for All’, a nationwide project to offer free NEET and JEE coaching ...

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Strict Norms For Digital Lending Space Issued By RBI

Opportunity India Desk Aug 11, 2022 - 3 min read

The Reserve Bank of India (RBI) in its new guidelines said that all digital loans must be disbursed and repaid through bank accounts of regulated entities only, without pass-through of loan service providers (LSPs) or other third parties. The guidelines, aimed at curbing rising malpractices in the digital lending ecosystem, follow the recommendations of a ...

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RBI Provides In-principle Approval to EaseBuzz for Payment Aggregation Authorisation

Opportunity India Desk Aug 11, 2022 - 3 min read

EaseBuzz, a leading platform that provides payment solutions in the country received in-principle approval from Reserve Bank of India for Payment Aggregator Authorization. EaseBuzz provides businesses with technology based payment solutions to digitise the payment collection in easy steps. The company is creating easy to use and pocket friendly API (Application ...

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Amazon to Onboard 18,000 SMBs under 'Amazon Pay Smart Stores’ Program

Opportunity India Desk Aug 11, 2022 - 3 min read

Payment services wing of Amazon, Amazon Pay, has announced to onboard around 18,000 merchants from Tier-II, III cities as a part of its ‘Amazon Pay Smart Stores’ program. The program intends customers to find offline stores which helps stores to get customers easily. According to the company the programmes will not only make the customer ...

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Raksha Bandhan: Siblings Build Businesses Together To Touch New Heights

Opportunity India Desk Aug 11, 2022 - 4 min read

Partnering with right person can have an incredible impact on your business and if the partner is your sibling then working together for a common goal takes the joy to next level. And who can be the best other than a sibling who shares a common interest and future goals. The bond of brother and ...

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5G Innovations To Take Gaming Industry To New Level: Experts

Opportunity India Desk Aug 11, 2022 - 3 min read

With the upcoming 5G innovations in India, the gaming industry is set touch a whole new level in India which currently has over 420 million active online gamers and a 500 million strong digitally native, young population, said industry leaders. The next phase of growth for gaming in India driven by accelerating adoption of 5G, ...

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