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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Telangana: Flipkart and WE Hub host a workshop to empower women entrepreneurs through e-commerce

13 Jun 2025 | 7:18 PM

Hyderabad, June 13 (UNI) Flipkart, India's homegrown e-commerce marketplace, collaborated with WE Hub, a Government of Telangana initiative, hosted a dedicated workshop to empower women entrepreneurs with the insights and tools needed to scale their business through e-commerce.

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TOYO, MODEC inaugurate Global Capability Centre in Bengaluru

13 Jun 2025 | 5:57 PM

Bengaluru, Jun 13 (UNI) Toyo Engineering Corporation (Toyo Japan) and MODEC, Inc (MODEC) on Friday announced the inauguration of their joint Global Capability Centre (GCC), TOYO MODEC OFS India Private Limited (OFS India) here, marking a key milestone in their global expansion and innovation strategy.

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Kottayam-Kochi Rubber Market Rates

Kottayam-Kochi Rubber Market Rates

13 Jun 2025 | 5:22 PM

Kottayam, June 13(UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal
Kottayam
RSS FOUR: 19700
RSS FIVE : 19400
ISNR TWENTY: 17500
SIXTY PERCENT LATEX: 14265
Kochi

RSS FOUR : 19700
RSS FIVE : 19400
International Rates (Bangkok)
RSS One : 20281
RSS Two : 20123
RSS Three: 19978
RSS Four : 19899
RSS Five : 19781
Kualalumpur
SMR TWENTY : 14421($168.60)
SIXTY PERCENT LATEX : 11878($138.85)
UNI PA BD.

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Rupee falls by  48  paise to 86 08 against US dollar

Rupee falls by 48 paise to 86 08 against US dollar

13 Jun 2025 | 4:50 PM

Mumbai, June 13 (UNI) Rupee on Friday depreciated by 48 paise to close at 86.08 against the US dollar, due to a spike in global oil prices and a firm dollar amid rising tensions in the Middle East following a fresh Israel attack on Iran's nuclear sites, a trader said
Negative close in domestic equity markets and heavy FII outflows further contributed to the fall in the local unit, forex traders added
The currency opened 55 paise down at 86.15 against the dollar. It closed the previous session at 85.60.

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Sensex slumps by 573 38 points

Sensex slumps by 573 38 points

13 Jun 2025 | 4:27 PM

Mumbai, Jun 13 (UNI) Continuing its downward streak for the second Straight session, BSE Sensex on Friday fell further by 573.38 to settle at 81,118.60, mirroring weak cues from global peers and foreign institutional outflows, amid geopolitical concerns in the Middle East and a sharp spike in Brent crude oil prices.

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