This testifies to the portal's unique digital capabilities and functionalities that have facilitated greater efficiency, transparency, and seamlessness in public procurement. Nearly 50 per cent of this GMV has been attributed to the procurement of services, displaying a remarkable surge of 205 per cent in terms of services procured on GeM in FY 23. The portal started its trailblazing journey to Rs 4 lakh crore-landmark with Rs 422 crore in GMV in 2016.
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Hyundai India announces Rs 32,000 cr investment
Hyundai Motor India has planned an investment of Rs 32,000 crore in the country over the next 10 years, between 2023 to 2032, said Unsoo Kim of Hyundai Motor India during the HMIL IPO-related press conference on Wednesday at Mumbai.
Pharma revenue to surge 8.5% YoY, driven by domestic and US niche launches
Pharma Industry revenue growth is likely to grow by 8.5 per cent (YoY) and will be driven by domestic formulations and niche launches in the US market, according to a report by Axis Securities.
Gujarat CM unveils stamp honouring 25 years of Adani's Mundra Port
In a ceremony marking 25 years of Mundra Port, Gujarat Chief Minister Bhupendrabhai Patel released a commemorative postal stamp to honour the port's contributions to India's maritime and economic growth.
CABINET EXTENDS FORTIFIED RICE SCHEME TO 2028, TACKLING ANAEMIA CRISIS
The fortified rice supply initiative under TPDS, ICDS, and PM POSHAN aims to combat anaemia and micronutrient deficiencies nationwide.
Auto OEMs anticipate steady growth amidst growth in 2W, PV and tractors: Report
Original Equipment Manufacturers (OEM) under coverage are projecting notable growth in key financial metrics for the upcoming fiscal quarter, according to Axis Securities report.
ALIEUS HEDGE FUND RAISES USD 5 MILLION IN 30 DAYS SINCE LAUNCH
âThe overwhelming response from global investors and the fact that companies are now competing to buy astake in our fund highlights the disruptive potential of our networking approach. Weâre thrilled by the enthusiasm from investors in India, the UK, Malaysia, Singapore, Mexico, and beyond, and we look forward to further discussions with those interested in becoming part of our journey.â said Ashish
India's Digikore Studios Becomes First VFX Company to Create AI-Generated Video
Digikore Studios Limited (NSE--DIGIKORE), which specializes in delivering Visual Effects (VFX) for a diverse range of projects, proudly announces a groundbreaking innovation as the first VFX company in the world to create fully AI-generated motionbased video content.
Priyank Gupta leads Chaudhrana Iron Traders to unprecedented growth in Prayagraj
Chaudhrana Iron Traders Chri Private Limited located at Prayagraj, operating under the brand name \"RP Gupta Loha Wale,\" announces exceptional business growth under the leadership of Priyank Kumar Gupta. The company has experienced a remarkable increase in turnover from Rs20-25 crores to over Rs 100 crores in just four years.
Karnataka hosts Maldives President Muizzu, explores partnership opportunities
On October 9, 2024, the Chief Minister's Office (CMO) in Bengaluru, Karnataka, welcomed a high-profile delegation from the Maldives, led by President Mohammed Muizzu and First Lady Sajidha Mohammed.
Congress fuels hatred, desperate for power, says PM Modi
Coming down heavily on Congress, Prime Minister Narendra Modi on Wednesday accused the party of engaging in \"politics of hatred\" and desperation to regain power. He claimed that the Congress is sowing seeds of hatred in people's minds every day.