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Govt clears defence acquisition proposals worth ₹13,700 crore The approvals include the acquisition of 118 Arjun Mk-1A main battle tanks (AFP) Share Via Read Full Story India’s Defence Acquisition Council (DAC) headed by defence minister Rajnath Singh on Tuesday approved arms purchases worth ₹13,700 crore as the government continues steps to modernize the military. “All these acquisition proposals will be indigenously designed, developed and manufactured. These will include inter-alia platforms and systems designed and developed by Defence Research and Development Organisation (DRD...

Indian media, entertainment sector to see 27% revenue growth in FY22: Crisil Rs1,200 crore was spent on TV ads by Indian e-commerce companies in three months ended September 2015. Photo: Priyanka Parashar/Mint 3 min read . Updated: 23 Feb 2021, 04:38 PM IST PTI Indian media and entertainment sector is expected to witness a strong 27% growth in revenue to around ₹1.37 lakh crore in 2021-22, after contracting 26% this fiscal, according to ratings agency Crisil Share Via Read Full Story NEW DELHI : Indian media and entertainment (M&E) sector is expected to witness a strong 27% growth in rev...

With IPO in sight, investors see Zomato feeding many more mouths Zomato’s latest funding round values the firm at a pre-money valuation of Rs37,850 crore ($5.15 billion)Premium 2 min read Share Via Read Full Story While investing around $100 million in Zomato Pvt. Ltd in its previous funding round, Kora Management LP had said: “With 700 million active broadband subscribers in India, of which 500 million have come online only in the past four years, Zomato has many more mouths it can feed." About three months later, while the broadband subscriber base has not changed much, the assessment...

Sachin Tendulkar picks up stake in Unacademy Premium Share Via Read Full Story NEW DELHI : Edtech firm Unacademy on Tuesday said it has signed a strategic partnership with Sachin Tendulkar. The former cricketer has picked up a small stake in the company apart from becoming its brand ambassador. Unacademy did not close the financial details of the agreement. TRENDING STORIESSee All 1 min read Premium 2 min read Premium 2 min read Premium 2 min read Also Read | “With this partnership, we are creating an unmatched learning experience by having Sachin share his life lessons with our learner...

SBI Pension Loan: Interest rate, eligibility, documents and other features SBI Pension Loan interest rate starts at 9.75% p.a. (Mint)Premium Share Via Read Full Story State Bank of India (SBI) offers pension loans to senior citizens and family pensioners receiving a regular pension from the central or state government through the bank. This personal loan can be used by pensioners to fulfil various personal financial needs such as funding your child’s marriage, buying your dream home, planning a trip or get medical aid with a simple and hassle-free loan and repayments. In a tweet, the count...