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Stories about business from Jammu and Kashmir and rest of the world.

JK bank CEO

J&K Bank’s Employees Stock Purchase Scheme (ESPS-2023) over-subscribed by more than 32 percent

The Newscraving Desk Srinagar, Mar 23: Receiving an over-whelming response from the staff, J&K Bank’s Employees Stock Purchase Scheme (ESPS-2023) has got over-subscribed by more than 32 percent. The issue was opened on 14th March and closed yesterday at 5 PM. Commending the immense staff response, the Bank’s MD & CEO Baldev Prakash said, “From

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Why Experts Aren’t Convinced By Scindia’s Clarification On DigiYatra Privacy

Published by BOOM Live By Hera Rizwan Last week Minister of Civil Aviation Jyotiraditya Scindia clarified that Digi Yatra — an app that uses facial recognition for security clearance and terminal entry — doesn’t store data from users in a “central repository”. Responding to Medianama founder Nikhil Pahwa, Scindia said, “Nikhil Ji, passengers’ personal information

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LG, Manoj Sinha, at a function in Srinagar.

UAE based EMAAR Group invests Rs 250 Cr to set up 10 lakh square feet mega-mall at Sempora, Srinagar

The Newscraving Desk Srinagar, Mar 19: Jammu and Kashmir’s Lieutenant Governor Manoj Sinha Sunday laid the foundation stone for the first direct foreign investment project at Sempora area of Srinagar where a mega-mall will come up at the whopping Rs 250 crore. Talking to reporters on the sidelines of the function, the LG said that

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HSBC launches $1 billion lending fund for female entrepreneurs

Published by Reuters UK SINGAPORE (Reuters) -HSBC Holdings said on Thursday it was launching a $1 billion lending fund to invest in female-owned businesses over the next 12 months. “The level of funding received over time by female-led businesses is significantly lower than male counterparts, while the recent impacts of the pandemic have seen these

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Deliveroo’s UK riders win collective bargaining rights under union deal

Published by Reuters UK (Reuters) – Deliveroo said on Thursday it has signed an agreement with trade union GMB to give the food delivery firm’s 90,000 self-employed riders in Britain the rights to collective bargaining on pay and consultation on benefits. The British company said a pay floor will be guaranteed to riders as part

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Russia seeks to halt investor stampede as sanctions hammer economy

Published by Reuters UK By Carolyn Cohn and Lawrence White LONDON (Reuters) – Russia said it was placing temporary curbs on foreigners seeking to exit Russian assets on Tuesday, putting the brakes on an accelerating investor exodus driven by crippling Western sanctions imposed over the invasion of Ukraine. Russian assets went into freefall on Tuesday

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