Sunday, Sep 25 2022 | Time 12:10 Hrs(IST)
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Business Economy


X10 Financial services extends financial support program for SMEs

New Delhi, Oct 6 (UNI) Gates Apac Pte. Ltd today said it has signed a strategic partnership with X10 Financial Services Limited, a leading Non-Banking Finance Company (NBFC) to facilitate financial program for SMEs in the supply chain industry at Gates Reseller Channel Summit. GATES brings the wide network of SMEs into its ecosystem in India and other emerging markets in the South Asia region. It offers a unique platform in India that brings together an opportunity to engage and interact with 250 key SMEs from across 50+ cities in India, the company said. "X10 will be using this platform to educate SMEs on financing options that allow more transactions within a single credit cycle and helping companies overcome certain challenges like maintaining a smooth cash flow cycle, accepting and fulfilling larger deals on time,'' said Karan Bhatia, CEO and Managing Director in a statement. Our partnership will encourage the SMEs to use the platform and seek financial support from the experts that would help them to grow their business at the time when the economy is going through a challenging time the statement said adding that Gates ICT Reseller Summit 2015 looks to ensure the growth of ICT industry in India. X10 as a leading supply chain financing NBFC focuses on strengthening borrowers by scaling down their working capital requirement and benefiting distributors by improving their liquidity position, making sure they get their payments promptly and by reducing their credit risk. UNI RN KU 1418
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NITES writes to Union Labour Min, seeks action against Wipro

NITES writes to Union Labour Min, seeks action against Wipro

24 Sep 2022 | 6:19 PM

Bengaluru, Sept 24 (UNI) The Nascent Information Technology Employees Senate (NITES) on Saturday sought the prompt intervention of Minister of State for Labour and Employment Bhupendra Yadav to take necessary action against Wipro which has been postponing the joining date of its more than 2000 students/employees, despite their compliance with its assessment guidelines.

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Kottayam-Kochi Rubber Market Rates

24 Sep 2022 | 4:32 PM

Kottayam, Sep 24 (UNI) Following were the Rubber Market rates announced by the Rubber Board here Saturday per quintal.

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BPCL signs MoU with Petrobras to diversify crude oil sourcing

24 Sep 2022 | 4:24 PM

Mumbai, Sep 24 (UNI) Bharat Petroleum Corporation Limited (BPCL) on Saturday signed a Memorandum of Understanding (MoU) with Petrobras, the national oil company of Brazil.

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India stalled during end of Manmohan govt: NRN

24 Sep 2022 | 3:27 PM

Ahmedabad, Sept 24 (UNI) Infosys co-founder Narayana Murthy has said that during the final years of Manmohan Singh's government, the Indian growth story somehow stalled as decisions were not taken quickly.

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Meesho creates new record on day 1

24 Sep 2022 | 3:01 PM

Bengaluru, Sep 24 (UNI) Meesho, India’s fastest growing Internet commerce company, clocked a record of around 87.6 lakh orders on the first day of its flagship festive sale event — the Meesho Mega Blockbuster Sale, with consumers flocking to the platform for a range of products.

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