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OPEC – Plus members decide to extend oil output cuts of 2.2 million barrels per day to 2nd quarter

Dubai: Members of the coalition of the world’s top oil-producing nations, OPEC - Plus have agreed to extend voluntary oil output cuts of 2.2 million barrels per day into the second quarter. Saudi Arabia, the leader of the Organization of the Petroleum Exporting Countries, OPEC, today said it would extend its voluntary cut of 1 million barrels per day, bpd through the end of June, leaving its output at around 9 million bpd. The move is a part of the group’s perpetual balancing act to stabilize oil prices by reducing

Indian-American presidential candidate Nikki Haley defeats Donald Trump in Republican nominating contest

Washington: Indian-American presidential candidate Nikki Haley defeated Donald Trump to mark her first win in the Republican nominating contest. Haley achieved the feat against the former American President in Washington DC. Haley received 1274 votes against Trump's 676. Haley, formerly was a US envoy to the UN and a former South Carolina governor. She created history by becoming the first Indian-American woman ever to win either the Democratic or the Republican primaries. She also became the first woman to win a Republican

AYUSH-ICMR Advanced Centre launched in New Delhi

New Delhi: Union Minister of Health and Family Welfare Dr. Mansukh Mandaviya launched the AYUSH-ICMR Advanced Centre today in New Delhi for Integrated Health Research at AIIMS. The AYUSH-ICMR Advanced Centre's goal will be to provide holistic healthcare to patients by using both traditional Indian wisdom and modern medicine together. These centers will be set up in various AIIMS locations such as AIIMS Delhi, AIIMS Jodhpur, AIIMS Nagpur, and AIIMS Rishikesh. They will focus on important research areas to develop

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Advent International and Multiples to invest INR 1,930 Crores or $230M in Ananya Birla’s Svatantra Microfin

Mumbai: Founded and chaired by Ms. Ananya Birla, Svatantra Microfin Pvt. Ltd. (“Svatantra”) has entered into a definitive agreement with Advent International (“Advent”), one of the world’s largest and most experienced private equity investors, and Multiples Private Equity (“Multiples”), India’s leading private equity investor, for an investment of INR 1,930 Crores or $230M. This deal marks the largest investment by private equity investors in the microfinance sector in India. The investment follows Svatantra’s recent

Shyam Steel Inaugurates State-of-the-Art Integrated Steel Plant in Purulia

New Delhi, March 4, 2024 — In a momentous event graced by the virtual presence of Hon'ble Chief Minister of West Bengal, Mamata Banerjee, Shyam Steel, a venerable name in the steel industry, continues its legacy of excellence with the inauguration of its fourth Integrated Steel Plant at JSK-II, Purulia, West Bengal. Established in 1953, Shyam Steel has consistently exemplified excellence, and this new venture marks another significant milestone in its illustrious journey. The Raghunathpur Steel

OTTplay Premium and RunnTV Join Forces to Redefine the Streaming Landscape in India

Mumbai: India's first AI-powered streaming, recommendation, and content discovery platform, OTTplay Premium, is excited to announce the strategic onboarding of RunnTV, a digital platform that brings the true TV experience to the digital world. The alliance between these two platforms intends to change the streaming entertainment landscape by providing customers with an unparalleled and tailored content experience. RunnTV, known for its 24x7 thematic channels featuring highly curated content spanning movies, TV shows,

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