New Delhi [India], December 10 (ANI/NewsVoir): RBI has announced a hike in Repo rates for the fifth consecutive time. The difference this time accounts for 35 bps, leading the interest rate from 5.90 to 6.25. RBI has been announcing minimum possible increases in repo rate for the last few months in order to curb the inflation that the country is facing due to global trends. The reasons for increasing rates are the war at trade routes, global recession, increasing prices of raw material costs and various other factors that lead to a direct and indirect hike in prices. Though this hike will impact the home loan interest rates to score higher, the real estate market is expected to stay robust as the sector is believed to offer prominent returns on investment as compared to other industries.
The counting of votes was held in 19 rounds in which Congress candidate Mandavi got 65479 votes, BJP candidate Netam got 44308 votes and Sarva Adivasi Samaj candidate Akbar Ram Korram got 23417 votes.
Delhi-NCR [India], November 1 (ANI/NewsVoir): As we come out the pandemic, new concepts of work culture are emerging across the world, including in India. Though some forward-thinking companies had all along been exploring 'work from anywhere' (WFA) practices, the pandemic-induced lockdowns thrust WFH ('work from home') upon all the companies. While many employees relished it - not having to commute to an office and spending more time with family and friends - a lot many also found it stifling.
Bengaluru (Karnataka) [India], June 1 (ANI/BusinessWire India): Bengaluru headquartered business accounting platform Vyapar has acquired SaaS startup NeoDove for an undisclosed amount. This is Vyapar's first acquisition with which it hopes to further strengthen and step up its efforts to cater to the SME sector.
Bengaluru (Karnataka) [India], May 23 (ANI/PRNewswire): Subex, a pioneer in the space of Digital Trust, has been named in 2022 Gartner® Market Guide for Multipersona Data Science and Machine Learning Platforms (DSML). Through HyperSense, Subex has been listed as a Representative Vendor in the report.