Sobha Group's philanthropic arm on Sunday laid the foundation stone for building homes for orphaned girls and elderly women here. Sri Kurumba Educational and Charitable Trust laid the foundation stone for Devi Home in Moolamcode, Palakkad, Sobha Group said. This is to provide a safe, nurturing housing facility for orphaned girls aged 10 years and below, and elderly women aged 50 years and above.
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India's leather and footwear exports are expected to grow 12% to $5.3 billion in the current financial year, driven by strong demand in the US and UK, with African markets also being explored. The industry has a potential turnover of $47 billion by 2030, with the sector seeking government support and incentives to achieve this goal.
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Bharti Hexacom and Go Digit General Insurance shares are the latest additions to the FTSE index, according to the latest readjustment which also saw an increase in weightage of heavyweight stocks like ICICI Bank, Bajaj Finance and Kotak Mahindra Bank. The FTSE indices readjustment will be effective Monday, December 23 and the adjustment took place on Friday, December 20.
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