Day: July 27, 2024
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Aditya Birla Group enters the Rs 6.7 lakh crore Indian jewellery retail market with the launch of Indriya
On July 26, the Aditya Birla Group introduced its own brand, Indriya, to enter the quickly growing Rs 6.7 lakh crore Indian jewelry market. With an investment of Rs 5,000 crore, the business hopes to rank among the top three jewellery stores in India within the next five years. This strategic move represents another major…
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Anil Agarwal: Privatizing two PSUs could make India a major gold producer
Mining tycoon Anil Agarwal stated on Friday that if PSUs Bharat Gold Mines and Hutti Gold Mines are privatized, India has the potential to become a significant gold producer. The announcement was made a few days after the Union Budget 2024–25 suggested lowering the customs charge on gold from 15% to 6%. “We import 99.9…
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Job Creation: Anand Mahindra Urges the Private Sector to Take Action
Anand Mahindra, Chairman of Mahindra Group, emphasized on Wednesday that India’s private sector must enhance its efforts to align with the government’s initiatives for job creation and youth employability. Without a unified approach, he warned, the nation’s demographic dividend risks turning into a demographic disaster. He responded to the Union Budget for 2024–25 by saying…