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Nuvama Wealth plans to grow AUA by 5x in 5 years to INR 2.5 Lac Cr

Nuvama Wealth plans to grow AUA by 5x in 5 years to INR 2.5 Lac Cr

Nuvama Wealth, the personal wealth arm of Nuvama Wealth Management, has announced an ambitious plan to grow its Assets under advice (AUA) by 5x to USD 30 Bn by 2028. This is in line with its vision of empowering clientele with access to high quality advisory and wealth solutions. Nuvama Wealth has transitioned from a single product distribution franchise to a full-fledged wealth management outfit, creating significant value for its stakeholders while providing superior client experience through hybrid servicing, multi-product & services, and customized solutions It aims to continue the growth by executing across three key priorities a). Nuvama Wealth…
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Mamata is an exception

Mamata is an exception

Among the 30 chief ministers of the country, 29 are millionaires! The only exception is Mamata Banerjee. Andhra Pradesh Chief Minister Jagan Mohan Reddy is at the top. Whose property amount is 510 crore rupees. The Association for Democratic Reforms (ADR) revealed this information from the election affidavit. Barbar has been at the heart of his simple simple living practice. From simple sarees to chappals have practically become the benchmark. However, the opposition did not stop targeting him. When the word of 'corruption' came up, he was simultaneously pierced by Congress-CPM-BJP. The Trinamool leader also raised a counter tone with…
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HP govt to launch scheme to financially assist widows, single women for constructing houses: CM

HP govt to launch scheme to financially assist widows, single women for constructing houses: CM

Sukhvinder Singh Sukhu, the chief minister of Himachal Pradesh, announced on Wednesday that the state government's "Mukhyamantri Vidhwa Evam Ekal Nari Awas Yojna"—a programme to give eligible widows and single women financial aid for the construction of homes—would soon be launched. According to a statement released here, about 7,000 women with yearly incomes of less than Rs 2 lakh would receive a total of Rs 1.5 lakh in financial support under this programme during the current fiscal year. The programme was revealed at the budget meeting. The scheme's modalities are being finalised by the Department of Women and Child Development.…
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I’m reduced to dust, spare my family, pleads gangster-politician Atiq Ahmad

I’m reduced to dust, spare my family, pleads gangster-politician Atiq Ahmad

Yogi Adityanath's "mafiaaon ko mitti me mila denge" threat definitely had him in mind as gangster-politician Atiq Ahmad told reporters on Wednesday from inside a police van: "I am totally reduced to dust, but please don't trouble the women and children of my family now."The 60-year-old former Samajwadi Party MLA was transported by vehicle from Ahmedabad's Sabarmati Central Jail to a prison in Prayagraj, more than 1000 kilometres away, in connection with the murder case of Umesh Pal. He is accused of more than 100 crimes in the state of Uttar Pradesh. Tuesday night, the police convoy transporting Ahmad to…
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Four Army jawans killed in firing at Bathinda military station, Punjab Police say it is ‘fratricidal’ incident

Four Army jawans killed in firing at Bathinda military station, Punjab Police say it is ‘fratricidal’ incident

A shooting incident at the Bathinda military installation in Punjab early on Wednesday morning resulted in the deaths of four Army servicemen from an artillery unit; the state police have classified it as a "fratricide."The Army reported that the incident happened at about 4:30 in the morning and that it immediately sent out quick response teams and roped off the area.It has been determined that four army jawans from an artillery battalion died as a result of gunshot wounds they sustained in the tragic occurrence. No further incidents involving personnel injuries or property loss or damage have been reported, according…
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School evacuated after bomb threat in Delhi

School evacuated after bomb threat in Delhi

students of a school were evacuated on Wednesday when the school in south Delhi received a threat via email.  Indian Public School in Sadiq Nagar at 10:49 am, received an email claiming that a bomb has been planted on the premises of the school. The premises have been searched by the police twice, but nothing suspicious has been found so far. As a precautionary measure school was evacuated by the police. Police arrived at the spot with Bomb Disposal Squad and the dog squad. Last year in November, the school received a similar bomb threat email from an unknown sender.…
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Bihar hit by an earthquake

Bihar hit by an earthquake

Bihar was hit by an earthquake on Wednesday morning, April 12. The earthquake hit the state at around 5:35 PM on Wednesday, April 12, the epic center of the earthquake was about 320 km east of the capital Patna and over 1300 km east of Delhi. The focus (hypocenter) was at a shallow depth of 10 km and was marked 4.3 on the Richter scale. The National Centre for Seismology informed this in a tweet.  The tremors of the Bihar earthquake were also felt in neighboring countries like Nepal and Bangladesh today. People also took to social media and said…
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SC agrees to hear on Apr 28 plea challenging constitutional validity of provision of Maternity Benefit Act

SC agrees to hear on Apr 28 plea challenging constitutional validity of provision of Maternity Benefit Act

The Maternity Benefit Act of 1961 contains a provision that specifies that a woman who legally adopts a child under the age of three months is entitled to maternity leave. The Supreme Court decided to consider a petition challenging the constitutional legality of this provision on April 28. The petition claimed that the alleged 26-week maternity benefit for biological mothers and the purported 12-week benefit for adoptive mothers "fail to stand even the most basic scrutiny of Part III of the Constitution, which is wedded to the concept of non-arbitrariness." The arguments made by a lawyer before a bench consisting…
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Govt vs Skymet over Monsoon

Govt vs Skymet over Monsoon

On Monday the private weather forecaster Skymet predicted “below normal” monsoon rainfall this year by citing the threat of El Nino. the private forecaster further added that in the upcoming month of June - September India may get only 94% of the rainfall that India usually gets in these months.  Contradictory to this IMD on Monday said that monsoon is likely to be Normal and there is a 67% probability for “normal to above normal” rainfall during June - September.  M Ravichandran, secretary of, ministry of earth sciences, while releasing IMD’s monsoon forecast said- “The forecast based on dynamical and…
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ArcelorMittal Nippon Steel India selects IBM to drive cloud powered transformation

ArcelorMittal Nippon Steel India selects IBM to drive cloud powered transformation

IBM (NYSE: IBM) announced that ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel¬– two of the world’s leading steelmakers –has collaborated with IBM Consulting to reinvent mission-critical processes in order to boost agility, and efficiency with digital transformation. AM/NS India is an integrated flat steel manufacturer with over 600 steel grades and serves multiple industries and key markets. To support growth, the company tapped into IBM Consulting's cloud-powered business transformation capabilities and expertise in the metals & mining industry. This has enabled AM/NS India to reinvent itself into a data-driven enterprise.  IBM Consulting used…
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