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Nepal needs to invest 49 pct of GDP in 15 years to attain sustainable development goals

KATHMANDU, Feb. 19 (Xinhua) — Nepal will have to invest around 49 percent of gross domestic product (GDP) during the period from 2016 to 2030 in order to achieve Sustainable Development Goals (SDGs), the National Planning Commission said. The commission said in a report that the Himalayan country will have to invest an estimated 17 billion U.S. dollar annually to achieve the SDGs. SDGs – a follow-up on Millennium Development Goals (MDGs) which expired in 2015 – are a set of 17 goals and 169 targets covering a broad range…

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Investment bankers, consulting firms are top recruiters at IIM-B

Online recruitment: India registers 12 percent y-o-y growth for January 2018 420 students receive 462 offers from over 140 companies BENGALURU, FEBRUARY 18 The lateral and final placements for the PG class of 2016-18 of the Indian Institute of Management-Bangalore (IIM-B) saw 420 students receiving 462 offers from over 140 companies in India and abroad across all business sectors. ‘More offers’ Professor Ganesh N Prabhu, Chairperson, Career Development Services, IIM Bangalore, said: “Many sought-after recruiters surprised us by making many more offers than they had initially indicated and helped us…

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Mahindra Group to invest Rs 2,325 crore in Maharashtra

The Mahindra Group today announced over Rs 2,300 crore investment in the state in three projects of which as much as Rs 1,700 crore will be spend towards creating an entertainment destination at Kandivali, a northwestern suburb of the megapolis. Addressing the Magnetic Maharashtrainvestor summit here this evening Mahindra group chairman Anand Mahindra said his software company Tech Mahindra will invest Rs 125 crore to create an all-green tech hub in Nagpur that will create ate least 2,500 jobs. On the Rs 1,700-crore investment announced in the city, Mahindra said, “we are exploring to set…

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Coinshares Group Plans to Launch New Crypto-Investment Funds

This week the firm Coinshares Group has announced two new investment vehicles tethered to cryptocurrencies. Coinshares was the first organization to launch publicly traded bitcoin and ethereum-based exchange-traded-notes (ETN), and the firm’s new funds will offer retail investors more “familiar channels” to invest in the growing digital asset economy. Two New Coinshares Crypto-Investment Funds: The ‘Active’ and ‘Large Cap’ Coinshares is well-known for it’s Bitcoin Tracker One ETN listed on Nasdaq OMX. Coinshares Group is a well-known company that offers two globally traded ETNs based on the decentralized cryptocurrencies bitcoin (Bitcoin…

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Young Startups Hope For Investment Boost, Focus On Digital Space

Many startups are also not planning to hire more people as of now. Bengaluru: The young startup industry is keeping a keen eye on what Finance Minister Arun Jaitley has in store in Union Budget for fiscal 2018-19, to be tabled in the Parliament on February 1. In Bengaluru, often considered India’s startup capital, NDTV spoke to startups to find out what is on their wish list. Goods and Services Tax (GST) still seems to be an issue for many young startups. Jayanth Sharma is the CEO and co-founder of…

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Arla unveils Lockerbie plant investment

The investment will see processing facilities upgraded at the Lockerbie plant Dairy giant Arla is to invest £5.5m to upgrade processing facilities at its Scottish plant in Lockerbie. It is part of a UK-wide package of £72m to be spent this year, which the company said showed its “clear commitment” to dairy production. In total 10 of its 12 sites will receive investment in 2018. Arla said the latest developments would take the total spent at Lockerbie to more than £44m in recent years which showed its “strategic importance”. The…

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