MFNews

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360 ONE WAM enters into collaboration with UBS on wealth management
24 Apr

360 ONE WAM enters into collaboration with UBS on wealth management

MFNews0 CommentsBrands, Breaking News, Business, Mutual Funds, Opinions, Technology
#360ONEWAMwithUBS Wealth management in India and international markets Chandigarh: 360 ONE WAM Ltd (“360 ONE”), one of India's largest independent wealth and asset management firms, announced today that it has entered into an exclusive strategic collaboration with UBS, one of the world’s leading wealth managers and universal banking firms headquartered in Switzerland. This exclusive strategic collaboration combines 360 ONE’s local knowledge and reach with UBS’s global and regional expertise to deliver enhanced benefits to clients. As part of this collaboration, it is proposed that clients from both institutions will have access to onshore and offshore wealth management solutions. Potential collaborative…
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A Soulful Retreat Awaits at Club Mahindra Le Vintuna, Sikkim
24 Apr

A Soulful Retreat Awaits at Club Mahindra Le Vintuna, Sikkim

MFNews0 CommentsBrands, Entertainment, Health, Travel
#ClubMahindraLeVintunaSikkim Chandigarh: Situated amidst breath-taking landscapes, Club Mahindra Le Vintuna offers a peaceful getaway where nature perfectly blends with comfort. The resort is an idyllic retreat for travelers seeking relaxation, natural beauty, and majestic mountain views. Conveniently accessible, it is well-connected via Bagdogra Airport, Pakyong Airport and New Jalpaiguri Railway Station, ensuring a seamless journey. Nearby Club Mahindra properties like Royal Demazong Gangtok and Baiguney make it a perfect stop for an extended holiday.   The resort boasts 97 elegantly designed rooms— including 55 Hotel Units (HU), 21 Studio Rooms, and 21 One-Bedroom Units—each thoughtfully appointed with modern comforts like…
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NSDC and Rapido launch initiative to boost gig economy opportunities
24 Apr

NSDC and Rapido launch initiative to boost gig economy opportunities

MFNews0 CommentsBrands, Business, Entertainment, Health, Opinions, Technology
#NSDCRapidolaunchinitiative Chandigarh: National Skill Development Corporation (NSDC) and one of the India’s leading bike taxi aggregators Rapido today signed a Memorandum of Understanding (MoU) to facilitate skill development for gig workers. The partnership aims to bridge the gap between skilling and employability by integrating trained individuals into the gig economy, providing them with both part-time and full-time job opportunities. It will combine NSDC’s expertise and infrastructure in skilling and training with Rapido’s bike taxi fleet and network to provide sustainable earning opportunities for candidates, accompanied by access to vehicles, skill development programmes, and stable income prospects. Emphasising their shared commitment to…
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SBI General Insurance PAT zooms at 112% YoY to Rs. 509 crores
24 Apr

SBI General Insurance PAT zooms at 112% YoY to Rs. 509 crores

MFNews0 CommentsBrands, Breaking News, Business, Health, Insurance, Opinions, Shares, Technology, Travel
#SBIGeneralInsurancePAT509crores Topline (GDP) shows strong growth at 10.6 %, growing 1.7 times faster than the industry Chandigarh: SBI General Insurance, one of India’s leading general insurance companies, today announced its financial results for FY25, marking a milestone as the company completes 15 years of operations. Continuing its robust growth trajectory, the company reported a Gross Written Premium (GWP) of INR 14,140 crores, recording a YOY growth of 11.1%. Excluding the impact of 1/n accounting norm, the GWP of the Company grew by 14.5% for FY25. SBI General Insurance has grown at 70% faster than the industry growth of 6.2%.  Profit…
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Paytm Money Introduces Reduced Interest Rates and Revised Brokerage for Pay Later (MTF)
24 Apr

Paytm Money Introduces Reduced Interest Rates and Revised Brokerage for Pay Later (MTF)

MFNews0 CommentsBrands, Breaking News, Business, Opinions, Shares, Technology, Travel
#PaytmMoneyMTF Paytm to Drive Affordability and Accessibility for Investors Chandigarh: Paytm Money, a wholly-owned subsidiary of One97 Communications Limited (OCL) and a leading wealth-tech platform that simplifies wealth management and equity investments through a technology-first approach, has today announced new cost-effective interest rates and brokerage structure for its recently launched Pay Later (MTF - Margin Trading Facility) offering. With this, the platform hopes to drive affordability for both retail and high-value investors. The newly introduced slab-based interest rates, starting at 9.75% per annum (p.a.),  down from the current flat 14.99% p.a., are based on funding book size. The platform has…
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BHIM Launches UPI Circle with Partial Delegation to Enable Secure Payments by Trusted Users
23 Apr

BHIM Launches UPI Circle with Partial Delegation to Enable Secure Payments by Trusted Users

MFNews0 CommentsBrands, Business, Health, Opinions, Shares, Technology, Travel
#BHIMUPICircle Users can delegate UPI access to five trusted contacts with real-time approval  Chandigarh: NPCI BHIM Services Limited (NBSL), a wholly owned subsidiary of the National Payments Corporation of India (NPCI), today announced the launch of UPI Circle with partial delegation on the BHIM payments app. It is designed to empower users by enabling them to delegate UPI transaction capabilities to trusted individuals with defined controls and complete transparency. UPI Circle allows a primary user, the UPI account holder, to authorise up to five secondary users to initiate UPI payments from their account. Each transaction initiated by the secondary user…
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India Suspend Indus Water Treaty with immediate effect, No water for Pakistan
23 Apr

India Suspend Indus Water Treaty with immediate effect, No water for Pakistan

MFNews0 CommentsBreaking News, Opinions
#INDIAPakistanwater New Delhi: India on Wednesday suspended the Indus Water Treaty and closed the Integrated Check Post at Attari besides cutting down its diplomatic engagement with Pakistan in a response to its neighbour after the Pahalgam terror attack. It announced the move to lower the strength of the high commission staff in Delhi and Islamabad to 30 as against the present 55. In a special briefing to unveil the decisions taken at a meeting of the Cabinet Committee on Security (CCS) chaired by Prime Minister Narendra Modi in the wake of the terror attack, Foreign Secretary Vikram Misri said the CCS had…
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Mutual fund industry AAUM rises 21% in March despite monthly dip: Analytics
23 Apr

Mutual fund industry AAUM rises 21% in March despite monthly dip: Analytics

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Technology
#MFAAUMrises21percentinMarch New Delhi: Equity-oriented growth schemes continued to dominate with a 53.72% share of total AAUM, followed by debt-oriented schemes (15.06%) and liquid schemes (13.21%), ICRA Analytics said. The Indian mutual fund industry’s average assets under management (AAUM) grew 21.32% year-on-year in March 2025, according to ICRA Analytics. However, AAUM dipped 1.25% from February 2025, reflecting a short-term decline across most categories. Only Gold ETFs and Other ETFs posted positive monthly growth, rising 89.88% and 15.06% respectively. The fall in AAUM was broad-based, affecting most scheme categories. Equity-oriented growth schemes continued to dominate with a 53.72% share of total AAUM,…
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NEW PRIVATE SUBSCRIBERS UNDER NPS CROSS 12 LAKH DURING 2024-25
23 Apr

NEW PRIVATE SUBSCRIBERS UNDER NPS CROSS 12 LAKH DURING 2024-25

MFNewsBrands, Breaking News, Mutual Funds, Opinions, Technology
#NPS12LAKHGrowth New Delhi: The National Pension System (NPS) has achieved significant growth of private sector subscriber enrolment of over 12 lakh during 2024-25, taking total subscriber number to over 165 lakh by March 2025. NPS Vatsalya , a scheme specifically designed for minors, introduced in September 2024 has registered over one lakh subscribers . The Assets Under Management (AUM) for both NPS and Atal Pension Yojana (APY) expanded by 23 percent during 2024-25 to Rs 14.43 lakh crore by end-March 2025.
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Tira Expands Beyond Beauty with Launch of Lifestyle Merchandise Line
23 Apr

Tira Expands Beyond Beauty with Launch of Lifestyle Merchandise Line

MFNewsBrands, Entertainment, Health
#TiraLifestyleMerchandise ~ Introduces a curated range of beauty-adjacent, lifestyle essentials ~ Mumbai: Reliance Retail’s Tira, the beauty retail disruptor is stepping into an exciting new space and making its debut in lifestyle merchandise. With this category expansion, Tira is building a deeper brand universe, extending its presence beyond beauty shelves and into the everyday lives of its community. The launch introduces a curated range of beauty-adjacent, lifestyle essentials that blend form and function. These are not beauty products – but lifestyle companions crafted to complement the routines of beauty enthusiasts, bringing a sense of joy, self-expression, and design-forward utility into…
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