180 Degrees Consulting, SRCC

#180dcsrcc is a university based student run initiative which provides socially conscious organisations with quality and affordable consulting services

[180 Degrees Consulting, SRCC @180dcsrcc]

Which of the following Capital market companies has received approval from the RBI to acquire up to 9.99% of the paid-up share capital or voting rights of HDFC Bank?

[180 Degrees Consulting, SRCC @180dcsrcc]

According to the latest World Bank’s Global Economic Prospects report, what would be India’s GDP growth in FY2023/24?

[180 Degrees Consulting, SRCC @180dcsrcc]

In June 2023, which of the following IT majors joined hands with Microsoft to launch Innovation Experience for Financial Services?

[180 Degrees Consulting, SRCC @180dcsrcc]

Peak XV Partners' separation from Sequoia Capital's Asian partnerships aims to address brand confusion and streamline portfolio management, allowing them to focus on deploying funds in India, strengthening their impact on startups and seizing new opportunities in the region.

[180 Degrees Consulting, SRCC @180dcsrcc]

Sequoia Capital has undergone a significant restructuring. Breaking away from its partnerships in India and China, it has rebranded its entity as Peak XV Partners in response to challenges of managing a decentralized global business and portfolio conflicts.
#whatshappening

[180 Degrees Consulting, SRCC @180dcsrcc]

Peak XV Partners stays committed to investing in India with a $2.85B fund, supporting successful Indian startups like Razorpay, Cred, Unacademy, Mamaearth, and Pine Labs. With $9B assets under management, they play a pivotal role in India's startup ecosystem.

[180 Degrees Consulting, SRCC @180dcsrcc]

Who has recently taken charge as the new Chairman of Steel Authority of India Ltd (SAIL)?

[180 Degrees Consulting, SRCC @180dcsrcc]

The application process is quick and digital on Myntra and Kotak mobile apps. The card targets trendy consumers in India's growing fashion e-commerce market, especially Millennials and Gen Z. The joining and annual fee for the credit card is Rs. 500.

[180 Degrees Consulting, SRCC @180dcsrcc]

Kotak Mahindra Bank and Myntra have partnered to launch a co-branded digital fashion and lifestyle credit card. The card offers various benefits and allows fashion-conscious consumers to enjoy unlimited transactions and savings.
#WhatsHappening #Myntra #KotakMahindraBank

[180 Degrees Consulting, SRCC @180dcsrcc]

Who has recently taken charge as the CEO of Tata Consultancy Services (TCS)?

[180 Degrees Consulting, SRCC @180dcsrcc]

Indian Government to Pay 30% Subsidy to Build Green Shipping. Who is the Union Minister of Ministry of Ports, Shipping, and Waterways (MoPSW)?

[180 Degrees Consulting, SRCC @180dcsrcc]

In May 2023, the Ministry of Finance lowered the threshold limit of e-invoicing from Rs 10 crore to

[180 Degrees Consulting, SRCC @180dcsrcc]

To sustain the momentum, incentivizing sectors like IT, travel, and business services is crucial, enabling them to tap into international markets and expand their global presence.

[180 Degrees Consulting, SRCC @180dcsrcc]

India's services exports are expected to reach USD 400 billion this fiscal year, driven by a remarkable 42% growth to USD 322.72 billion in 2022-23.
#whatshappening #services #exports

[180 Degrees Consulting, SRCC @180dcsrcc]

Key sectors contributing to the surge in services exports include travel, transport, medical, and hospitality.

[180 Degrees Consulting, SRCC @180dcsrcc]

In May 2023, which of the following payment banks has collaborated with the National Payments Corporation of India (NPCI) to launch the Face Authentication for Aadhaar-enabled Payment System?

[180 Degrees Consulting, SRCC @180dcsrcc]

Transparent evaluation is crucial, with the "fit and proper evaluation" by RBI being positive. Clear guidelines on the government's future role would address investor concerns and facilitate a smooth transition for IDBI Bank.

[180 Degrees Consulting, SRCC @180dcsrcc]

The RBI is evaluating five bidders, including Kotak Mahindra Bank, CSB Bank, and Emirates NBD, for a majority stake in IDBI Bank as part of a privatization plan, aiming to generate $3.66 billion.
#whatshappening

[180 Degrees Consulting, SRCC @180dcsrcc]

Concerns have arisen about government control after divestment, as the government plans to retain 15% and LIC holds 19% stake. However, the government states no management control is intended, and a written submission may be considered if required.