Addressing the Indian diaspora here on Wednesday evening President of India Ram Nath Kovind highlighted the growth and development in the country and invited the Indian community to be a part of India's transformational journey. He also urged the Australians to invest in India and share its technology for the growth and development of the country.President assured the Indian diaspora and the Australian citizens that India today is full of opportunities for business, especially with regards to social enterprises and cultural connections."India today is full of opportunities for business, for social enterprises and for cultural connections. I invite each one of you to join us in our transformational journey. You can contribute with your ideas, your business models and your investment profiles. We count Australia as a key partner in our national flag-ship programmes -- Make In India, Skill India, Clean India and Digital India. We are keen to leverage Australian technology, know-how and ..
In a bid to reach out to its multi-faceted client base, IKEA India furniture is now available on RentoMojo, a consumer leasing business platform.Speaking on the launch of IKEA India on its platform, Geetansh Bamania, founder and CEO, RentoMojo, said, "Furniture from IKEA India hugely amplifies RentoMojo's product and service offering and perfectly complements the existing range of products by offering a large variety and cost-effective alternatives. Furniture is one of the largest categories for us and we expect it to grow by 3x over the next one year."According to estimates, the Indian home furniture, consumer durables and electronics segment is poised to reach $147 billion by 2023. Lease or rental currently make up only approx. 1-2 per cent of the overall market and is likely to grow exponentially over the next five years. As more and more people are constantly on the move, leasing offers them the best alternative to buying or investing by providing a no commitment, ...
FRANKFURT (Reuters) - Deutsche Bank played only a secondary role as a so-called correspondent bank to scandal-hit Danske Bank, limiting what it needed to know about the people behind the transactions, the German lender's regulation chief said on Wednesday.
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