Articles

Delayed Payment Complaints By MSEs Drop: Govt data

Opportunity India Desk Jan 02, 2023 - 2 min read

The government said that delayed payment applications filed by micro and small enterprises (MSEs) against central public sector units and departments dropped 11.7 per cent to 31,192 in the calendar year 2022 from 35,347 in 2021. The amount involved in these applications also dropped by 9 per cent from INR 7,849 crore to INR 7,128 ...

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Gross Bank Credit Across Sectors Five Times High In April-Nov FY22: SBI

Opportunity India Desk Jan 02, 2023 - 2 min read

The gross bank credit across sectors in the current fiscal years stood five times higher than INR 2.12 lakh crore during the April-November period. It stood at INR 10.56 lakh crore, Soumya Kanti Ghosh, Group Chief Economic Advisor, State Bank of India said in a tweet on bank credit till November. “Credit is expanding across ...

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Indowud: A Wood Without Wood To Cut Stubble Burning And Deforestation

Opportunity India Desk Dec 30, 2022 - 4 min read

With an aim to solve the issues such as deforestation and stubble burning, Indowud has come up with an alternative to produce furniture which looks like wooden but is made with the use of stubble, which is a huge reason for pollution in the national capital Delhi. Speaking about the journey of Indowud BL Bengani, ...

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CUET, NEP Creating More Opportunities In Education Sector For Edtech Companies

Opportunity India Desk Dec 29, 2022 - 4 min read

With the National Testing Agency (NTA), in March 2022, introducing the Common University Entrance Test (CUET), the stress of students of senior secondary schools have increased as they have to prepare for their board exams and entrance exams to get admission in the colleges for further studies. However, the increasing difficulties for the students and ...

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Ola to Launch Six New Electric Vehicles to Indian Market by 2026

Opportunity India Desk Dec 29, 2022 - 1 min read

Wholly-owned subsidiary of ANI Technologies, Ola Electric on Wednesday, announced that the company will be launching six segment specific vehicle for Indian Market by the end of 2026. For now the company only manufacture Electric Scooters. Ola currently has three scooter models – the Ola S1, the Ola S1 pro and newly launched Ola S1 ...

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From The City Of Nawabs To Every Corner Of India

Opportunity India Desk Dec 28, 2022 - 5 min read

Hyderabad is emerging as a hotbed of start-ups, and the city is fast becoming a land of opportunities for young entrepreneurs. With more and more business-friendly policies put in place by the government, Hyderabad has become one of the best places to set up a business. New free zones, incubators, and tech parks are being ...

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Premium Products Drive Footfall And Rentals In Malls In H1

Opportunity India Desk Dec 26, 2022 - 2 min read

The rating agency Icra has said that during the April-September period, trading values recovered to about 115 per cent of pre-Covid levels, backed by increase in spend per footfall in these sectors. It also said that mall footfall was around 85 per cent of pre-Covid levels as premium and luxury products in the jewellery, electronics ...

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Zeon Lifesciences Collaborates With Vitonnix

Opportunity India Desk Dec 26, 2022 - 3 min read

Zeon Lifesciences, an Indian nutraceutical and herbal product manufacturer has collaborated with Vitonnix to launch a sublingual spray to meet the daily nutrient requirement. Zeon and Vitonnix have collaborated on the design and production of numerous products in this category for a variety of indications. The company is engaged in collaborative novel research & technology ...

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RRVL Acquires METRO India in a 2850 Cr Deal

Opportunity India Desk Dec 23, 2022 - 3 min read

Reliance’s Reliance Retail Ventures Limited (‘RRVL’) on Thursday signed definitive agreements to acquire 100 per cent equity stakes in METRO Cash & Carry India Pvt Ltd. (‘METRO India’) for a total amount of INR 2,850 crore, subjected to closing adjustments. METRO India started as the first company to introduce cash-and-carry business format in the country ...

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What’s Up Wellness Receives Angel Investment from Several Investors

Opportunity India Desk Dec 22, 2022 - 5 min read

What's Up Wellness, a digital-first wellness business with its headquarters in Gurugram, has announced that their first angel financing round has raised an undisclosed sum from a number of investors. The company was bootstrapped before this. The funds acquired through this round will be put to use ...

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