Saturday, Dec 15 2018 | Time 15:25 Hrs(IST)
  • HP Assy adjourns sine die
  • RJD MLA Rajballabh Prasad Yadav and five others convicted in rape case
  • UP CM Yogi, Governor pay tributes to Vallabhbhai Patel on death anniversary
  • BJP workers stage protest on Rafale: Demand Rahul Gandhi's apology
  • BWF World Tour Finals: Sameer Verma crashes out in semi-final
  • Gadkari urges pvt sector to tap investment in expressways, waterways, clean Ganga projects
  • Govind Pansare murder case: Vasudev Suryvanshi, Bharat Kurne sent to magisterial custody till Dec 29
  • Maldives new President Solih to arrive India on official visit on Sunday
  • MNF president Zoramthanga takes oath as Mizoram’s new chief minister
  • South Kashmir reeling under fear, Mehbooba on civilian killing in Pulwama
  • IWAI working to facilitate safe passenger movement for Kumbh-Mela
  • Chhattisgarh’s new CM to be announced on Saturday
  • Maha Marathon to be held on Sunday
  • US district court rules Obamacare no longer valid
  • BWF World Tour Finals: PV Sindhu enters final
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MAW announces to bring GINNI ICO on December 6

Chandigarh, Dec 4 (UNI) A Singapore-based company Miners At Work(MAW) on Monday announced to bring an Initial Coin Offer(ICO) of 300 million GINNI tokens for the businesses across Asia including Indian investors.
The ICO, opens on December 6, 2017 will close on February 2, 2018 and aims to raise about US$15 Million, said Vikas Gupta, Chief Executive Officer of MAW here today.
GINNI token Pre-ICO starting on the December 06, 2017 will close on January 05, 2018 and the very next day public crowd sale will start and closes on February 2018, he said and added that pre-ICO price gives early investors a gain of about 40% over the closing ICO price, he said.
The proceeds of the ICO will be used to scale up huge mining infrastructure including installing mining servers, FASTCOIN crypto Automatic Teller Machines((ATM) as well as develop new value added products to support businesses across Asia, starting off with Singapore, said Mr. Gupta.
“We are making mining simple and user friendly for investors so that they can get decent rewards without any hassles. ICO is a new and transparent way of arranging capital for technology start-ups by crowd funding where investors get tokens for that. Our tokens will be listed on at least two exchanges and an investor can trade them easily to get liquidity. This gives them an easy exit with options to buy, sell or exchange. We see a strong demand for the GINNI tokens not only in India but worldwide as well,” Mr Gupta shared.
He said MAW is strategically based in Singapore and enjoys a lower taxation rates making the business more profitable overall in terms of returns (ROI) as compared to other locations worldwide.
More News

Satin Creditcare raises USD 30 mn NCD from FMO to accelerate microfinance lending portfolio

15 Dec 2018 | 3:18 PM

New Delhi, Dec 15 (UNI) Satin Creditcare Network Limited (SCNL) one of India’s leading microfinance companies, has raised USD 30 mn Non-convertible debentures (NCD) from the Netherlands Development Finance Company (FMO) to accelerate its microfinance lending portfolio.

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Gadkari urges pvt sector to tap investment in expressways, waterways, clean Ganga projects

15 Dec 2018 | 3:15 PM

New Delhi, Dec 15 (UNI) Minister for Road Transport and Highways, Shipping and Water Resources, River Development and Ganga Rejuvenation, Nitin Gadkari on Saturday urged the private sector to invest liberally in the development of expressways, waterways, irrigation projects and 'Clean Ganga Mission'.

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OPPO to launch 5G smartphones in 2019 : Tasleem Arif

15 Dec 2018 | 3:03 PM

Hyderabad, Dec 15 (UNI) Oppo India Vice President and R&D Head Tasleem Arif on Saturday said that the company will launch 5G Smartphones and enter into the Smart watch and Internet of Things (IoT) markets in 2019.

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Kozhikode Coir market

15 Dec 2018 | 2:48 PM

Kozhikode, Dec 15 (UNI) Following were the rates in the
Kozhikode Coir market today per quintal.

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KMC looks to bring up electric charging stations

KMC looks to bring up electric charging stations

15 Dec 2018 | 2:48 PM

Kolkata, Dec 15 (UNI) The Kolkata Municipal Corporation (KMC) is going to set up charging points for electric vehicles (EV) across Kolkata.

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