The Ok Tedi Development Foundation and the Centre for Excellence in Financial Inclusion right now officially entered right into a Memorandum of Understanding . This agreement solidifies their collaboration to implement a Financial Literacy Program aimed at empowering small and medium enterprises and women-led SMEs in chosen regions of the Western Province. Under the MoU, CEFI will conduct Training of Trainers sessions in designated areas, equipping 25 trainers with the required abilities and data in private money administration ideas. These trained people will then be liable for imparting direct retail coaching to 1,000 SMEs and women-led SMEs throughout the Western Province. The signing ceremony, held in Port Moresby, noticed Mr. Andrew Mari, Acting Chief Executive Officer and Executive Manager Program Services of OTDF, and Mr. Saliya Ranasinghe, Executive Director of CEFI, formalize the partnership.

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Large jewelry chains corresponding to Kalyan Jewellers, Tanishq, Malabar Gold & Diamonds, Joyalukkas and Senco Gold are staying away from lab-grown diamonds citing low demand and an aversion to mixing them with natural stones at counters. Torrent Power and Sharda Energy and Power are the 2 entities within the fray to acquire the 600 MW power generation company. Our morning newsletter will keep you updated on program highlights of the day’s high tales. Recently, the realty firm raised Rs three,300 crore by selling stake to institutional traders. Afcons Infrastructure, the flagship infrastructure engineering and development company of Shapoorji Pallonji group has filed its DRHP with market regulator Sebi to boost Rs 7,000 crore by way of IPO.

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