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UTI Flexi Cap Fund – A flexi-cap portfolio
12 May

UTI Flexi Cap Fund – A flexi-cap portfolio

Business Bureau0 CommentsBusiness
UTI Flexi Cap Fund – It is one mutual fund product category that investors can look for investing in meeting long-term wealth creation goals. Flexi-cap funds are open-ended equity funds investing at least 65% of total assets are invested in equity assets of companies across the different market capitalizations viz., large-cap, mid-cap or small-cap fund. UTI Flexi Cap Fund is one of the oldest funds in the category (launched in 1992) and has a long-term track record of consistent performance. The Fund has a corpus of over Rs. 24,237-Crore and trusted by over 18.55 Lakh investors (as on April 30,…
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Delhi University completes 100 glorious years of education and empowerment
12 May

Delhi University completes 100 glorious years of education and empowerment

Business Bureau0 CommentsBusiness
Two institutions of Delhi University, Centre for Innovation in Infectious Diseases, Research, Education and Training (CIIDRET) and Delhi School of Skill Enhancement & Entrepreneurship Development (IoE-DSSEED) joined forces to celebrate the valedictory ceremony of the '100 Days Skill Festival'. More than 400 participants from 90 different institutions and courses across the nation have been trained and upskilled. The Skill India Mission's objective is to empower the youth of the country with adequate skill sets to increase their employability and improve productivity. The festival has created an ecosystem for learning, collaboration, and networking, bringing together students, instructors, academicians, industry, and facilitators.…
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Government Lowers Threshold For E-Invoicing To Rs 5 Crore From Aug 1
12 May

Government Lowers Threshold For E-Invoicing To Rs 5 Crore From Aug 1

Priyanka Bhowmick0 CommentsBusiness, India,
The central government has notified lowering the threshold for e-invoicing from Rs 10 crore to Rs 5 crore after which it will be mandatory for small businesses to conduct business transactions through e-invoicing from August 1, 2023. In the exercise of the powers of the Central Goods and Services Tax Rules, 2017, the Government, on the recommendation of the Council, amended the notification. "In the said notification, effective August 1, 2023, for Rs 10 crore, rs 5 crore will be substituted," it said.Phased implementation of e-invoicing has multiple benefits for the entire tax ecosystem, including improved compliance and enhanced collection,…
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IBM launched Watsonx Platform to power next-generation foundation models for business
12 May

IBM launched Watsonx Platform to power next-generation foundation models for business

Business Bureau0 CommentsBusiness
IBM has announced IBM watsonx, a new AI and data platform that will enable enterprises to scale and accelerate the impact of advanced AI with trusted data. This platform will enable enterprises to train, tune and deploy AI models, including foundation models and machine learning capabilities, across their organization with trusted data, speed, and governance. It will run across any cloud environment. IBM is announcing further planned advancements at Think, including a GPU-as-a-service infrastructure offering, an AI-powered dashboard to measure, track, manage, and report on cloud carbon emissions, and a new practice for watsonx and generative AI from IBM Consulting.…
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Alia Bhatt becomes luxury brand Gucci’s first Indian global ambassador
11 May

Alia Bhatt becomes luxury brand Gucci’s first Indian global ambassador

Business Correspondent0 CommentsEntertainment, Business
Actress Alia Bhatt has been appointed as Gucci's Global Ambassador. Gucci, a fashion industry, is an Italian high-end luxury fashion house based in Florence, Italy. “I’m honored to represent the house of Gucci not only in India but at a global stage. Gucci’s legacy has always inspired and intrigued me and I’m looking forward to the many sartorial milestones we create together,” said Alia.
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EOW files FIR against BharatPe co-founder Ashneer Grover
11 May

EOW files FIR against BharatPe co-founder Ashneer Grover

Priyanka Bhowmick0 CommentsBusiness, India,
Mr. Grover, who has since created a fantasy sports app called Crippy and built his career with great appearances on podcasts and reality television shows, has yet to comment on the allegations. In the past, he has denied any wrongdoing.Alleging that the allegations came from "personal hatred and low thinking", he said, "The only admirable thing about me is my dreams and the ability to achieve them against all odds through hard work and initiative." The FIR accuses Ashneer Grover and others of criminal breach of trust, criminal conspiracy, cheating, dishonesty and forgery. If convicted, they face life in prison.…
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Future Generali India launches insurance awareness campaign in Sikkim
11 May

Future Generali India launches insurance awareness campaign in Sikkim

Business Bureau0 CommentsBusiness
Future Generali India Insurance Company Limited (FGII), one of India's leading private general insurance players, has launched an insurance awareness program on wheels called "KEEP YOUR FAMILY SECURED, GET INSURED!" in Sikkim. The objective of this program is to create awareness about the benefits of insurance and increase insurance penetration in the region. The campaign van was flagged off from Gangtok city by the dignitaries,Dr. Yogesh Verma - Professor & Ex Medical Superintendent, Sikkim Manipal University, Mr. Pramod Dalmia - Principal Dealer Mahindra Rajsons Enterprises and Mr. Rajesh Somani - Valuer & Loss Accessor in Sikkim. The van campaign will…
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Luthra & Luthra Founder Rajiv Luthra no more
11 May

Luthra & Luthra Founder Rajiv Luthra no more

Priyanka Bhowmick0 CommentsBusiness, India,
Luthra and Luthra, founder and managing partner of the Law Office, have died today. The last rites will be completed at Lodhi Crematorium at 12 noon. He was under treatment at Medanta Hospital for illness. A first-generation lawyer, Luthra founded the firm Luthra & Luthra in 1990. Describing a career and life rich with diverse experiences in a recent interview for Bar and Bench, he said, "I've had a very interesting career so far, and I've had very different, varied interests with very little connection. But everywhere, the connection was enjoyment; the connection was passion."
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After Mumbai and Kumarakom, 3rd G20 DWG meeting held in Goa
10 May

After Mumbai and Kumarakom, 3rd G20 DWG meeting held in Goa

Business Bureau0 CommentsBusiness
G20 Development Working Group’s (DWG) third meeting was held in Goa. The meeting is being held from May 8 to 11. It is being attended by G20 members, nine invited countries and more than 80 representatives of various international and regional organizations. Earlier, the G20 DWG meeting was held in Mumbai from December 13 to 16 last year while the second meeting of the DWG was held in Kumarakom, Kerala in April this year. The second day of the DWG meeting started with the opening of 'ECHO'. An exhibition on women-led development was organized on the occasion, showcasing the role…
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