Articles

The Textile Sector Can Potentially Become an INR 20 Lakh Cr Sector in Five Years: Piyush Goyal

Opportunity India Desk Jun 27, 2022 - 3 min read

Union Minister of Textiles, Commerce & Industry, Piyush Goyal, showed some glimpses of government's planning to support textile product exports and ensure the inclusion of sustainable technology. During an event in Tiruppur, Tamil Nadu, Union Minister Piyush Goyal said that the government is planning to create 75 textile hubs like Tiruppur, in future, to generate ...

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Health Minister Lays Foundation Of CGHS Wellness Centre in Tamil Nadu

Opportunity India Desk Jun 27, 2022 - 3 min read

Union Minister for Health and Family Welfare Mansukh Mandaviya on Monday visited the Tamil Nadu government Multi Super Speciality Hospital in Chennai where he virtually laid the foundation stone of CGHS Wellness Centre and Lab at Avadi. During his visit, Mandaviya witnessed the Robotic Surgery Facility and Early Pregnancy Screening Centre. Further, he interacted with ...

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Pine Labs Set To Acquire Fintech Start-Up Setu For USD 70 mn

Opportunity India Desk Jun 24, 2022 - 4 min read

Merchant commerce platform Pine Labs has announced that it is set to buy application programming interface (API) fintech start-up Setu for USD 70 million as the company plans to expand its offerings beyond merchant payments. This is Pine Labs’ third acquisition in last four months. It picked up a majority stake in payments solution provider ...

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What All You Should Know About Max Life’s Newly Launched Smart Fixed-Return Digital Plan

Opportunity India Desk Jun 24, 2022 - 2 min read

Max Life Insurance Company Limited announced the launch of a non-linked, individual life insurance plan. The plan, named ‘Max Life Smart Fixed-return Digital Plan’ offers customers to meet short-term financial goals with a minimum policy tenure of five years. Additionally, it offers guaranteed tax-free returns up to 6.14 per cent along with life cover protection ...

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RBI Proposes Norms For Outsourcing Of IT Services

Opportunity India Desk Jun 24, 2022 - 3 min read

The Reserve Bank of India has proposed norms for the outsourcing of IT services to ring-fence banks and other regulated entities from financial, operational and reputational risks. According to the RBI Draft Master Direction on Outsourcing of Information Technology (IT) Services, Regulated entities will not require prior approval from the central bank for the outsourcing ...

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HDFC Life Launches 'Cardiac Risk Assessment test at Home' with Uber Diagnostics

Opportunity India Desk Jun 24, 2022 - 2 min read

HDFC Life, a long term life insurance provider, has launched a service named 'Cardiac Risk Assessment at Home’ that will enable customer to get tested at home. Traditionally, some applicants were required to undergo medicals test by visiting health centres (empanelled with the life insurer), based on their health conditions, including a stress test to evaluate ...

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PM Emphasises On The Importance Of Increased Export

Opportunity India Desk Jun 24, 2022 - 3 min read

Lauding the increase in export, Prime Minister Narendra Modi said the country had decided that despite every challenge, it has to cross the threshold of USD 400 billion (INR 31,32,224 crore) merchandise export hence the Indian exports stood at a total of USD 670 billion (nearly INR 50 lakh crore). He was speaking at the ...

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MSMEs To Access USD 3.7 Trillion Markets During Trade Show

Opportunity India Desk Jun 23, 2022 - 3 min read

MVIRDC World Trade Center (WTC) is going to organise three-month-long ‘Connect India International Trade Show’ which will be conducted online from August 1 to November 1, World Trade Center Mumbai said on Thursday. According to Vijay Kalantri, Chairman, MVIRDC World Trade Center (WTC) Mumbai, the micro, small, and medium enterprises (MSMEs) will have access to ...

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India’s International Economic Resilience Improves To Second Position: PHD Chamber

Opportunity India Desk Jun 23, 2022 - 3 min read

Despite the massive disruptions in both demand and supply side factors in the backdrop of COVID-19 pandemic and further geopolitical distress, India’s International Economic Resilience has improved to second position in 2022 as compared to third position last year. “India, through its effective dynamic policy environment, is the only economy among the top ten leading ...

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Jio-BP to Power EV Charging Stations at Nexus Malls

Opportunity India Desk Jun 23, 2022 - 2 min read

Nexus Malls today announced its association with Jio-bp, a fuel and mobility joint venture between Reliance Industries Limited and BP PLC, for the rollout of Electric Vehicle charging stations and battery swapping stations across 17 malls across 13 cities. Jio-BP plans to create an ecosystem for all those in the EV value chain ...

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