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Business Economy


Upstox launches Digital Gold: makes investing in gold simple

Upstox launches Digital Gold: makes investing in gold simple

Kolkata, Jan 20 (UNI) Upstox (also known as RKSV Securities India Pvt Ltd), one of India’s

leading and fastest-growing digital brokerage firms, has launched a Digital Gold investment platform.

Apart from investing in the stock market and Mutual Funds, over two million Upstox

customers can now also invest in Gold - online and right from the mobile app.

The Upstox Digital Gold platform enables customers to buy 24-karat Digital Gold of 99.9%

purity at live market rates, updated in real-time on the platform. The purchased gold can be converted into physical coins/bars or stored in the vault, a company official on Wednesday

said.

The transaction is entirely digital, enabling customers to purchase or redeem the purchased

gold on the platform** itself. Upstox will soon offer customers the option of converting Digital

Gold into physical coins and have it delivered anywhere in India, even for as low as 0.1 gm,

with free transit insurance.

Commenting on the launch, Ravi Kumar, CEO & Co-Founder, Upstox, said, “Gold is

considered a store of value, a symbol of wealth, and generally one of the safest investment

options. At Upstox, we believe that everyone must have access to multiple investment

options so that they can build a balanced and diversified portfolio. We want a greater segment

of people to take advantage of the Digital Gold offering along with Stocks, Mutual Funds, IPOs, NFOs, and other products to maximize ways to build wealth.”

With over 2 million customers, Upstox is incessantly working to increase investment options

for its customers while delivering an optimal experience.

UNI XC BM

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Glenmark receives 'India Pharma Innovation of the Year' Award from the Govt of India

25 Feb 2021 | 6:57 PM

The prestigious award was conferred by the Department of Pharmaceuticals (DoP), Ministry of Chemicals & Fertilizers.This is the fourth time Glenmark has won an award from the Govt. of IndiaThe Award recognizes Glenmark's multiple patents and commercialized innovations over the last three yearsMUMBAI, India, Feb. 25, 2021 /PRNewswire/ -- Glenmark Pharmaceuticals, a research-led, global integrated pharmaceutical company, today received the "India Pharma Innovation of the Year" award, as part of the India Pharma & India Medical Device Awards 2021. The 6th edition of the annual awards is jointly organized by the Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers, The Federation of Indian Chambers of Commerce & Industry (FICCI) and Invest India.

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Eka enhances CTRM and launches new solutions to accelerate digital transformation for commodities and direct materials

25 Feb 2021 | 6:55 PM

Eka brings together people, processes, and technology on its cloud platform with new CTRM, e-sourcing, sustainability, and supply chain solutions
NEW YORK, Feb. 25, 2021 /PRNewswire/ -- Eka Software Solutions, the leading cloud platform for commodities and direct materials announced new offerings on its Cloud Platform to help customers improve business resiliency. Spanning across CTRM, E-sourcing, Sustainability and Direct Material Procurement, the new solutions digitize key business processes that support new ways of working; bringing people, processes, and technology together.

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25 Feb 2021 | 6:53 PM

- COVID-19 spurs 57% of Indian enterprises to increase RPA spend
BENGALURU, India, Feb. 25, 2021 /PRNewswire/ -- Nearly half of all businesses in India will implement robotic process automation (RPA) by 2024, according to a new IDC study commissioned by Automation Anywhere, a global leader in RPA. Triggered by COVID-19, the study further anticipates that RPA adoption rates will increase by 57% in just the next year.

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Godrej's lifestyle platform Godrej L'Affaire forays into social commerce, feature its own and external lifestyle brands

25 Feb 2021 | 6:49 PM

MUMBAI, India, Feb. 25, 2021 /PRNewswire/ -- Godrej L'Affaire, a lifestyle experiential platform from conglomerate Godrej Group, forays into social commerce, through which lifestyle brands will be plugged in content on its social media assets enabling consumers to make direct purchases from brands. For this, L'Affaire has listed over 40 lifestyle brands including Godrej as well as external non-competing one's. Started on February 14, the brands are featured under #LiveItUp sale as part of a larger digital lifestyle experiential by L'Affaire on social media platforms like Facebook and Instagram. The #LiveItUp sale ends on February 28.

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SVKM's NMIMS School of Business Management, Mumbai, Invite Applications for Its Specialized MBA programs

25 Feb 2021 | 6:45 PM

- Admissions open for MBA (Law), MBA (Real Estate Management), MBA (Part-Time), MBA (Part-Time) Social Entrepreneurship and Diploma in Social Entrepreneurship
MUMBAI, India, Feb. 25, 2021 /PRNewswire/ -- SVKM's NMIMS, a leading educational institute with a legacy of 40 years, invites applications for its highly-regarded specialized MBA programs at School of Business Management (SBM) in Mumbai. The courses on offer are MBA (Law), MBA (Real Estate Management), MBA (Part-Time), MBA (Part-Time) Social Entrepreneurship and Diploma in Social Entrepreneurship.

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