Kolkata Metropolitan Region reported registrations of 3,936apartments, recording a 17% year-on-year (YoY) growth for March 2024, said Knight Frank in its latest report.The real estate sector’s long-standing demand of making the stamp duty rebate extension a permanent feature of the Kolkata market is expected to further bolster the residential sales momentum.
Open FlipTata expects this to provide crucial momentum to the Indian government’s target of electronics export worth $300 Bn, by 2025. This comes at a time when Apple is trying to diversify its manufacturer base to reduce its dependence on China, given the geopolitical conditions. These machines are usable along the production lines by contract manufacturers who work for global tech companies like Apple
Open FlipPayU-owned online payments processor Wibmo is developing a payment gateway solution to aid digital distribution capabilities of large banks and financial services firms, ET reported. Wibmo was acquired by Naspers-backed fintech major PayU for $70 Mn in 2019 Suresh Rajagopalan, CEO of Wibmo, told ET that its payment gateway business is around routing ecommerce transactions to payment aggregators.
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