Tag: Net

  • Adani’s net worth near two-year low as stocks lock in lower circuits

    Adani’s net worth near two-year low as stocks lock in lower circuits

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    The Adani Group’s stocks have been in the news lately, with its chairman and founder Gautam Adani’s net worth experiencing a huge dip ever since the release of the Hindenburg report.

    The stocks have been bleeding, and Adani’s net worth has reached near two-year low of USD 50.2 billion, down from USD 119 billion on January 24 when Hindenburg research released a report against Adani Group.

    The trend is likely to cause a further dip in the net worth of Adani, who is now at the 24th position in the world’s billionaire list.

    Adani stocks Feb17

    Two Adani group stocks locked in lower circuits

    Two of the group stocks – Adani Transmission and Adani Total Gas Limited, are currently locked in their lower circuits. As of now, the shares of other companies of the group such as Adani Enterprises, Adani Ports, and ACC are trading in the red.

    However, Adani Power and NDTV shares are locked in their upper circuits, while shares of Adani Green and Ambuja Cement are trading in green.

    photo 6303346406961820949 y
    Stocks of Adani Group companies at 2 pm today

    India’s richest person Mukesh Ambani out of world’s top 10 billionaire list

    In the meantime, India’s richest person Mukesh Ambani has lost his place in the world’s top 10 billionaire list. His net worth currently stands at USD 83.4 billion, and he is now at the 11th position. However, he continues to be the richest person in Asia.

    The top 10 billionaire list currently features eight Americans and one each from France and Mexico. The list is topped by France’s Bernard Arnault, whose net worth is USD 193 billion.

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    #Adanis #net #worth #twoyear #stocks #lock #circuits

    ( With inputs from www.siasat.com )

  • Mukesh Ambani emerges as today’s top winner; Adani’s net worth dips again

    Mukesh Ambani emerges as today’s top winner; Adani’s net worth dips again

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    Reliance Industries Limited (RIL) chairman Mukesh Ambani today emerged as a top winner on the world’s billionaire list whereas, Adani Group Founder Gautam Adani’s net worth continues to dip.

    Ambani who recently regain the tag of India’s richest person continues to climb up on World’s billionaire list. With a net worth of USD 86 billion, he is at eight position on the rich list.

    Today, USD 2.2 billion is added to his net worth. His ranking improved from ninth to eight as Reliance Industries Limited (RIL) is trading in green today.

    Mukesh Ambani continues to climb up on World’s billionaire list

    Mukesh Ambani who recently entered the top 10 billionaire list and bagged India’s richest person title continues to climb up on the rich list.

    Though Ambani is out of the 100-billion club, he continues to hold the title of Asia’s richest person.

    Currently, he is richer than famous billionaires Mark Zuckerberg, Sergey Brin, Francoise Bettencourt Meyers, Larry Page and Steve Ballmer.

    Adani’s net worth takes another dip

    Adani companies’ stocks which were bleeding ever since the release of the Hindenburg report improved today.

    However, it failed to lift the net worth of Adani. He lost USD 986 million today and emerged as today’s top loser.

    photo1676530008 1

    As of 12 noon, most of the Adani stocks were trading in green. NDTV and Adani Power are locked in the upper circuits whereas, Adani Total Gas Limited is locked in the lower circuit.

    While, Adani Enterprises, Adani Green, Adani Ports, and Ambuja Cement were trading in the green, ACC and Adani Transmission were in the red.

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    #Mukesh #Ambani #emerges #todays #top #winner #Adanis #net #worth #dips

    ( With inputs from www.siasat.com )

  • Net gain: Uganda’s small but lively tennis scene – a photo essay

    Net gain: Uganda’s small but lively tennis scene – a photo essay

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    My sport is not a well-known one in Uganda. Tennis requires equipment and a well-maintained court with a flat surface – all expensive things. It is a foreign game, brought here by the British colonialists, and the exclusive courts were constructed and used by only the wealthiest in society.

    There were courts at Makerere University and at the Kampala Club. One was also built beside the cricket oval at Lugogo, and it’s still there. But the sport remained largely the elite preserve of foreigners, at first the whites and later, increasingly, Asians.

    Coach David Tyaba marks a court in preparation for members to play at Makerere University Guest House Tennis Club.
    David Tyaba refills a basket of tennis balls during a coaching session at Makerere University Guest House
    Tennis coach Charles Ssenyange restrings a racket at home in Kasangati
    David Oringa serves at the start of a friendly match between him and Simon Ayera at Lugogo Tennis Complex.
    Charles Wanyama, an umpire during the Uganda National Tennis Champions (UNTC), looks down on Simon Ayera, left, during a water break in a quarter-finals match. Ayera’s opponent Godfrey Ocen sits on the right at Kampala Tennis Club, 15 May 2022.

    • Court maintenance, supply of balls and restringing of rackets must all be done before play can begin. Here, David Oringa serves in a match at Lugogo tennis complex in Kampala, and Charles Wanyama umpires a national championship clash between Simon Ayera, left, and Godfrey Ocen

    After independence in 1962, the cream of the newly minted political class found a fondness for tennis, which remained a rich person’s sport throughout the 70s and 80s. Many of the courts were sold off and the land developed.

    Now a small but lively tennis scene has emerged in Kampala, Uganda’s capital, as equipment becomes more widely available, more durable and less costly. Tennis is no longer restricted to the elites although it remains a distinctly middle-class sport. Public courts are few and far between, and there’s little public or media attention.

    Students of Makerere University tennis team during a training session as over seen by Coach Charles Senyange at the Makerere main grounds courts.

    A new community of tennis enthusiasts is now working to change this, running sports camps for children during school holidays and encouraging their participation as much as possible. By trading secondhand equipment and maintaining the courts as best they can using locally made equipment, a small group of dedicated players is hoping to ignite a passion for tennis in Kampala.

    Most courts in Uganda are made of clay, mainly because they are cheaper than hard courts to construct. But clay courts require brushing, watering, pressing and marking on a daily basis. Sometimes materials for this are improvised – lime or ash is used to draw the lines, a string helps demarcate the lines and a stone holds down the string.

    Tennis balls are among the most expensive pieces of equipment; a tin of three costs 40,000 Ugandan shillings (£9). Academies struggle to source enough tennis balls for the rising number of players, and usually make do with donations from well-wishers and used balls from professional players.

    John Oduke, National Coach of the Ugandan Tennis Team, before a training session at Lugogo Tennis Complex.
    Florence Nabulime, 8, before a training session at Makerere University Guest House (MUGH) Tennis Courts, which are home to Tenna Academy. Florence is one of the children being groomed to be Uganda’s future tennis players through the Tenna Academy.
    Patricia Nakawunde, 8, poses for a portrait before a training session during the Kampala Summer Tennis Camp at Makerere University Main Ground Courts on 31 July 2022. She’s one of the children that trek a long journey to attend training all the way from Kirolo, a village in Matuga 32 km from Kampala. Her passion for the sport and support from her parents helped her attend the three days of the Tennis Camp and regular Saturday training sessions held by the Tenna Academy.
    Winnie Birungi poses for a portrait on winning the Uganda National Tennis Champions, the Women’s Category at Lugogo Tennis Complex

    • Veteran coach John Oduke, and some of the youngsters he has inspired: Florence Nabulime (top right), Patricia Nakawunde (bottom left) and new champion Winnie Birungi

    John Oduke, 64 is one of few Ugandans lucky enough to learn the sport at an early age in the 1960s. He began as a ball boy and rose, without the benefit of a coach, to be one of the top players in the country, representing Uganda in the 1998 Davis Cup. He is now the national coach of the Ugandan tennis team.

    Among those hoping to emulate him is eight-year-old Florence Nabulime, daughter of tennis coach Charles Ssenyange. She says: “Dad inspired me into the sport. I love tennis because it also helps me make new friends.” Patricia Nakawunde, also eight, is equally keen, and travels 32km to attend training in Kampala from her village near Matuga. Both are following in the footsteps of Winnie Birungi, 19, who won the national championships last summer.

    Judith Nalukwago returns a forehand during a match at Makerere University guesthouse tennis courts

    My childhood home was close to tennis courts. On my way to school, I would always watch the players with admiration. My house had previously belonged to an Asian family, and they had left behind a wooden racket which sparked my curiosity.

    I first tried playing tennis in 2006 and I haven’t stopped since. I love the sport because of the attributes it promotes in players. Values such as discipline, trust and sacrifice help my mind as well as my body grow stronger.

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    #Net #gain #Ugandas #small #lively #tennis #scene #photo #essay
    ( With inputs from : www.theguardian.com )

  • Adani loses over half of his net worth in 22 days as stocks continue to bleed

    Adani loses over half of his net worth in 22 days as stocks continue to bleed

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    Gautam Adani, founder, and chairman of Adani Group who is witnessing dip in his net worth ever since the release of the Hindenburg report has lost over USD 66 billion in just 22 days as his firms’ stocks continue to trade in red today.

    Today, he lost USD 3.40 billion as all most all of his stocks are either locked in lower circuits or trading in the red.

    Most Adani stocks locked in lower circuits

    As of 1 pm today, the stocks of most of the Adani Group companies including Adani Green, Adani Power, Adani Transmission, NDTV, and Adani Total Gas Limited are locked in lower circuits.

    Apart from them, Adani Enterprises, ACC, and Ambuja Cement are trading in the red. Adani Port is the only stock of Adani Group which is trading in green.

    Adani Feb14
    Stocks of Adani Group companies at 1 pm today

    Adani slips to 24th position in world’s billionaire list

    After a dip in his net worth from USD 119 billion on January 24, when Hindenburg research released a report against Adani Group, to USD 52.4 billion now, he slipped from third to 24th position in the world’s billionaire list.

    Apart from it, due to the massive sell-off of Adani companies’ stocks, he also lost India’s richest person title to Reliance Industries Limited (RIL) chairman Mukesh Ambani.

    Adani stocks Feb14 1

    Demand for JPC in Hindenburg-Adani issue

    Amid ongoing sell-offs, many political leaders are demanding a joint parliamentary committee to examine the Hindenburg-Adani issue.

    In the parliament, many MPs were seen raising slogans, ‘we want JPC’.

    When the matter reached Supreme Court, the central government said that the existing structure, which includes the Securities and Exchange Board of India (SEBI) and other agencies, are fully equipped to handle the situation which occurred after the Hindenburg report on Adani group, and it would not oppose the court’s suggestion to constitute a committee to strengthen the existing regime.

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    #Adani #loses #net #worth #days #stocks #continue #bleed

    ( With inputs from www.siasat.com )

  • Adani’s net worth dips further as stocks continue to bleed today

    Adani’s net worth dips further as stocks continue to bleed today

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    Gautam Adani who recently lost a spot in the world’s top 20 billionaires list saw a dip in his net worth by USD 2.4 billion today as his group companies’ stocks continue to bleed.

    In today’s early trade, stocks of all Adani Group companies were trading in red due to huge sell-offs.

    The sell-offs that were started after the release of the Hindenburg report against the Adani Group resulted in a huge drop in the net worth of Gautam Adani.

    Adani Group stocks locked in lower circuits

    As of 10 am, most of the Adani stocks were also locked in lower circuits. Adani Total Gas Limited and Adani Transmission saw a dip of five percent whereas, Adani Power and Adani Green lost 4.99 percent of market valuation today.

    Apart from them, other Adani Group stocks, Adani Enterprises, Adani Ports, ACC, Ambuja Cement, and NDTV were trading in red due to sell-offs.

    photo 6289787302582531160 y
    Stocks of Adani Group companies at 10 am today

    Adani once again emerged as top loser on world’s billionaire list

    Today, Adani once again emerged as the top loser on the world’s billionaire list. He lost USD 2.4 billion in the early trade today.

    Today’s top five winners

    NameCurrent net worth (in billion USD)Change in net worth (in million USD)Change in net worth (in percentage)Country
    Robin Zeng38.7+1100+2.87China
    Wang Liping9.6+524+5.78China
    Hubert Burda4.3+521+13.7Germany
    Huang Shilin17.5+484+2.84China
    Liang Wengen7.4+388+5.51China

    Today’s top five losers

    NameCurrent net worth (in billion USD)Change in net worth (in million USD)Change in net worth (in percentage)Country
    Gautam Adani55.6-2400-4.14India
    Mikhail Fridman13.5-581-4.12Russia
    Lee Shau Kee29.7-539-1.78China
    German Khan8.9-370-4Russia
    Tadashi Yanai31.3-355-1.12Japan

    Adani slips to 22nd spot after dip in net worth due to stocks sell-offs

    After losing significant net worth, Adani slipped to the 22nd spot on the billionaire list. He not only lost the spot on the top 20 billionaire list but also lost the tag of India’s richest person to Reliance Industries Limited (RIL) chairman Mukesh Ambani.

    Gautam Adani’s net worth dropped from USD 134.2 billion on December 13, 2022, to USD 55.6 billion now.

    With a net worth of USD 82.5 billion, Mukesh Ambani is not only the richest person in India but also one of the top 10 billionaires in the world.

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    #Adanis #net #worth #dips #stocks #continue #bleed #today

    ( With inputs from www.siasat.com )

  • Zomato’s net loss widens to Rs 347 cr in December quarter

    Zomato’s net loss widens to Rs 347 cr in December quarter

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    Delhi: Online food platform Zomato’s consolidated loss widened to Rs 346.6 crore (year-on-year) for the quarter ended December 31, against a loss of Rs 63 crore in the same period last year, the company said on Thursday.

    The company said that adjusted revenue witnessed a 66 per cent growth to Rs 2,363 crore (YoY).

    Zomato Founder and CEO Deepinder Goyal said that the long-term opportunity remains large and exciting.

    “We think that the current slowdown is a result of a few temporary factors – a) macro slowdown for the mid-market segment, b) boom in dining out for the premium-end, and c) boom in travel at the premium-end,” he said in the company’s earnings results.

    “We continue to stay focused on our long-term growth vectors without worrying too much about near-term growth pressures,” he added.

    Zomato’s adjusted EBITDA loss increased to Rs 265 crore in the December quarter as against Rs 192 crore in the September quarter.

    Excluding Blinkit, the operating loss was Rs 38 crore compared with Rs 272 crore a year ago, according to the company.

    The company added 23 million new customers in CY22 as compared to 23.6 million in CY21.

    “These are customers who placed at least 1 order on Zomato in the year. Even in the last quarter of CY22, while the overall demand was soft, the pace of new customer addition was strong,” said Zomato.

    The company said that Hyperpure revenue grew 26 per cent QoQ to Rs 4.21 billion in Q3FY23.

    Zomato launched a brand-new membership programme called Zomato Gold in late January.

    “We expect this programme to drive loyalty and higher frequency of ordering going forward,” said Goyal.

    In less than a month, the Zomato Gold program has scaled to 900k+ members.

    On dine-out business, Goyal said the business is starting to take off, “but still doesn’t contribute meaningfully to the overall size of the business”.

    “That should happen over time. We will share more when we have more to share,” he added.

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    #Zomatos #net #loss #widens #December #quarter

    ( With inputs from www.siasat.com )

  • HOMECRUST Baby Bedding Set Playmat New Born Baby Kids Bed with Mosquito net – Blue

    HOMECRUST Baby Bedding Set Playmat New Born Baby Kids Bed with Mosquito net – Blue

    51hgXrrPKRL41kWDQAKJ7L51qXPkA5LyL
    Price: [price_with_discount]
    (as of [price_update_date] – Details)

    ISRHEWs
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    HOMECRUST bedding set is the Most Comfortable Bedding Set For The Child’S Sleep.Baby Bedding Set Is Made Of 100% glace Cotton, Stuffed With Soft Pp Cotton.Quilt (Mat) Is Designed With Beautiful Print Of Cartoon & Animal Characters All Over.Its Washable & Easy To Carry.Soft Fiber Filled Inside The Pillow & Mat.Nice Gift Item For Your Little One.
    Material: glace cotton, very cosy, soft and easy for the baby
    Useful for 0-4 months baby other factors depend upon baby growth
    Protect your kids from insect and parasites,
    Allows fresh air to pass through while net is closed.Size:64cm x 56cm x 5cm

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    #HOMECRUST #Baby #Bedding #Set #Playmat #Born #Baby #Kids #Bed #Mosquito #net #Blue

  • Bharti Airtel Q3 net profit surges 92 pc to Rs 1,588 crore

    Bharti Airtel Q3 net profit surges 92 pc to Rs 1,588 crore

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    Delhi: Telecom operator Bharti Airtel on Tuesday reported a 91.5 per cent year-on-year rise in consolidated net profit at Rs 1,588 crore for the three months ended December 2022, helped by competitive growth across businesses.

    Total revenue rose nearly 20 per cent to Rs 35,804 crore in the third quarter of the current financial year “backed by strong and consistent performance delivery across the portfolio”, the company said in a statement.

    Its consolidated net income (after exceptional items) stood at Rs 1,588 crore for the just ended quarter, translating into an increase of 91.5 per cent year-on-year.

    The consolidated net income (before exceptional items) was at Rs 1,994 crore, up 147 per cent compared to the year-ago period.

    Bharti Airtel Managing Director Gopal Vittal said the company delivered another quarter of consistent and competitive growth across businesses.

    “Revenue grew sequentially by 3.7 per cent while EBITDA margin expanded to 52 per cent. Our strategy of winning quality customers has helped us add 6.4 million 4G customers and exit the quarter with an industry leading ARPU (Average Revenue Per User) of Rs 193,” Vittal said.

    Bharti Airtel’s revenue in India grew 19 per cent to Rs 24,961.5 crore in the 2022 December quarter from Rs 20,912.7 crore a year ago.

    The total capital expenditure of the company rose 52 per cent to Rs 9,313.6 crore in the latest December quarter from Rs 6,101.5 crore in the same period a year ago. The increase was mainly on account of 5G network rollout in India.

    In India, the company’s capital expenditure jumped 74 per cent to Rs 8,095.4 crore during the 2022 December quarter from Rs 4,653.8 crore a year ago.

    According to Vittal, the higher capital expenditure led to a 12 per cent decline in the company’s operating free cash flow to Rs 5,071.1 crore.

    The telco’s 5G rollout is on track to cover all towns and key rural areas by March 2024, the top honcho said.

    India Mobile ARPU increased to Rs 193 during the reporting quarter from Rs 163 in December 2021 quarter, according to the company.

    The company had reported ARPU of Rs 190 in the 2022 September quarter.

    Vittal said that postpaid, enterprise, homes as well as Africa business sustained their momentum while the DTH business showed signs of growth in an industry that continues to be under pressure.

    The company reported a 5.8 per cent growth in its global customer base at 51 crore, including 36.92 crore customers in India.

    The mobile subscriber base of Bharti Airtel in India grew 2.9 per cent year-on-year to 33.22 crore, including 1.8 crore postpaid customers.

    The 4G data customers base increased 10.8 per cent to 21.67 crore and data consumption per customer per month on Airtel network increased by 11 per cent to 20.29 GB from about 18 GB on a year-on-year basis.

    Airtel Africa’s net income grew 22.17 per cent to Rs 788 crore in the latest December quarter. In the year-ago period, the same stood at Rs 645 crore.

    The Africa revenue jumped around 22 per cent to Rs 11,087.6 crore in the third quarter of the current fiscal from Rs 9,105.3 crore in December 2021 quarter.

    At the end of the 2022 December quarter, the company’s net debt increased nearly 32 per cent to Rs 2.09 lakh crore from Rs 1.59 lakh crore a year ago.

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    #Bharti #Airtel #net #profit #surges #crore

    ( With inputs from www.siasat.com )

  • Nora Fatehi’s net worth, home, expensive cars, salary & more

    Nora Fatehi’s net worth, home, expensive cars, salary & more

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    Mumbai: Moroccan actress and model Nora Fatehi who made her foray into Bollywood is celebrating her 31st birthday on February 6. The dance queen made her Bollywood debut with the 2014 film ‘Roar: Tigers of the Sundarban’. She also appeared in Telugu and Malayalam films. She is known for her dancing skills and fashion sense not only in Canada and India but across the world. She recently gave a performance at the 2022 FIFA world cup’s closing ceremony.

    Nora Fatehi, who carved a niche for herself in the entertainment industry, remained in the headlines for the wrong reasons after she was grilled by the Enforcement Directorate. She has been named in the Rs 200 crore extortion case involving Sukesh Chandrasekhar. It is also said that Nora took money from Sukeh to build a home for her family in Canada.

    Whatever, but all we can say is that she has always succeeded in leaving her fans in awe because of her killer dance moves. On her birthday, we will give you an overview of her uber-luxurious life. Her net worth is estimated to be around Rs 40cr.

    Fees for films and songs

    Do you wonder how Nora Fatehi is managing to live such a luxurious lifestyle? She is earning a whopping amount from films and events. She has worked in various big-budget films to add more to her wealth. She charges around Rs 1 crore per movie while Rs 50 lakh for an item song.

    Nora’s 15 to 20 per cent income comes from brand endorsements too. She worked with Nykaa, Parachute, Everyuth, Honor mobile, Noise etc. Reports claim that she is earning around 30 to 40 lakh per month from several brands.

    Nora Fatehi’s Mumbai Home Worth Rs 10 cr

    Nora Fatehi owns a luxurious house in Worli and it is reported that the cost of the luxe pad is approx Rs 10 crore.It is designed by American architect Peter Marino.

    Noras Home

    Nora Fatehi has shelled out several crores to decorate the lavish abode. Reportedly, she also owns a luxurious home in Canada.

    Vanity Van

    As Nora Fatehi has become a dancing sensation in India, she has purchased a stunning vanity van with numerous features. It is reported that her vanity van costs around Rs 5 crore.

    Nora Fatehi’s Expensive Car Collection

    The Moroccan beauty owns various luxurious cars which include —

    • BMW 5 Series worth Rs 64.49 lakh
    • Mercedes Benz GLA 200D worth Rs 32.33 lakh
    • Honda City worth Rs 12 lakh
    • Volkswagen Polo worth Rs 10.25 lakh

    It seems that the actress loves cars and she has brought the almost top model of every car and the interiors of her cars are more personalised.

    Expensive handbags

    You might be surprised that the actress owns handbags which cost around 5 to 7 lakhs. It is said that Nora loves stylish and expensive handbags and her collection is proof of it.

    She owns Hermes Birkin Handbag worth 7 Lakh and Rs 5.1 lakh Chanel Quilted Double-Chained Handbag among other expensive bags.

    On the professional front, Nora Fatehi was last seen in the song ‘Manike’ from the movie Thanks God starring Sidharth Malhotra.

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    #Nora #Fatehis #net #worth #home #expensive #cars #salary

    ( With inputs from www.siasat.com )

  • UGC NET December 2022 Admit Card, Download Exam City Slip – Details Here – TheNewsCaravan Newspaper

    UGC NET December 2022 Admit Card, Download Exam City Slip – Details Here – TheNewsCaravan Newspaper

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    UGC NET 2022 December Session: The University Grants Commission (UGC) is expected to release the National Eligibility Test (NET) 2022 December Session admit card and exam city slip soon on the official website, ugcnet.nta.nic.in.

    Candidates who have applied for the UGC NET December Session 2022 can download and check the admit card and exam city slip by following the below mentioned steps.

    UGC NET December 2022 Admit Card, Download Exam City Slip - Details Here 1

    The UGC NET December 2022 Exam will be held by the concerned authorities via the CBT mode. The exam is conducted annually for candidates to become eligible for JRF (Junior Research Fellowship) and Assistant Professor.

    UGC NET December Session 2022: Important Dates

    As per the information bulletin available on the official website of UGC, following are the important dates to remember regarding the UGC NET Exam December Session 2022.

    Exam City Intimation Slip Release Date: First week of February.

    NTA UGC NET Admit Card December 2022 Release Date: Second week of February.

    UGC NET December 2022 Exam Date: 21 February to 10 March 2023.

    Steps To Download UGC NET Exam City Intimation Slip December 2022

    • Visit the official website, ugcnet.nta.nic.in.
    • On the appeared homepage, go to the latest notifications.
    • Search and click on the direct link for downloading the UGC NET City Intimation Slip December Session 2022.
    • A PDF file will be displayed on the screen.
    • Check the exam city centre and other details carefully.
    • Download, save, and print a copy for future reference.

    Steps To Download UG NET Admit Card 2022 December Session

    • Visit the official website, ugcnet.nta.nic.in.
    • On the appeared homepage, go to the latest notifications.
    • Search and click on the direct link for downloading the UGC NET Admit Card December Session 2022.
    • A login page will appear on the screen.
    • Enter the required login details.
    • Hit the submit option.
    • Your admit card will show up on the screen.
    • Download, save, and print a copy for future reference.

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    #UGC #NET #December #Admit #Card #Download #Exam #City #Slip #Details #TheNewsCaravan #Newspaper

    ( With inputs from : www.TheNewsCaravan.com )