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14 Apr

Capitalmind Financial, Jio BlackRock and Pantomath Capital Advisors to launch mutual fund business soon

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#CapitalmindFinancialMF #JioBlackRockMF #PantomathCapitalAdvisorsMF Mutual Fund Market: Three new players to launch mutual fund business will launch their MF business in the coming months Mumbai: SEBI data shows that three new players will launch their MF business in the coming months. These include Capitalmind Financial, Jio BlackRock and Pantomath Capital Advisors. All the three players have already received an in-principal approval. In fact, Capitalmind Financial has received a final approval to launch schemes while the other two await the same. While the management of Jio Blackrock could not be reached till the time of writing this article, Cafemutual talked to the…

14 Apr

Homegrown Icons Inde Wild and Foxtale Launch Lip Essentials with Tira as Exclusive Retail Partner

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#IndeWildFoxtaleTira Mumbai: Tira, Reliance Retail’s beauty destination, has been chosen as the exclusive retail partner for the latest lip care launches from two of India’s most celebrated homegrown beauty brands – Inde Wild and Foxtale. This collaboration marks yet another milestone in Tira’s mission to champion Indian innovation by bringing science-backed, high-performance beauty to a wider audience through its expansive omnichannel ecosystem. Inde Wild’s Dewy Lip Treatment in ‘Caffeine Addict’ Bringing your coffee obsession full circle, Inde Wild introduces Caffeine Addict – a rich, coffee-brown lip tint designed to hydrate, nourish, and elevate your lip game. Formulated with skin-loving ingredients…

14 Apr

BMW Group introduces BMW M Drift Academy in India

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#BMWMDriftAcademy #BMWM #BMWIndia #DriftResponsibly Master the Art of Drifting with BMW M2 and BMW M4 under guidance of BMW Certified Instructors. BMW M After Hours - Groove to the beats of The Yellow Diary, Karan Kanchan and Prithvi B2B SMG. Mumbai. BMW Group India announces the launch of the BMW M Drift Academy, an exclusive performance training platform that brings the thrill of drifting to India like never before. Designed for BMW M enthusiasts, this high–adrenaline experience debuts in India on 26-27 April 2025 at Raymonds compound, JK Gram, Thane West, Thane, Maharashtra - 400606. The BMW M Drift Academy…

14 Apr

Sunny Deol and Randeep Hooda visited the CP67 Mall, Mohali

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Mohali: This Baisakhi, CP67 Mall became the beating heart of Punjab as superstars Sunny Deol and Randeep Hooda visited the mall for the grand launch of their film JAAT!

13 Apr

They Read Markets Well and Sits on Cash, Buying on Dips

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#PPFAS, Motilal Oswal, and Quant Mutual Funds lead cash holdings for March 2025 Mumbai: For the month of March, the largest cash holdings were seen in funds owned by major fund houses like PPFAS Mutual Fund (21.9%), Motilal Oswal Mutual Fund (17.8%), and Quant Mutual Fund (10.3%), according to a latest report by Motilal Oswal. On the other hand, the lower cash holdings ( amongst the top 20 funds) were seen in Mirae Asset Mutual Fund (1.3 percent) and Kotak Mahindra Mutual Fund (2.5 percent). According to the report, the total equity value of the top 20 AMCs was up…

13 Apr

Mahindra Unveils Future-Ready India Design Studio to Shape the Next Generation of Global Icons

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#MahindraDesignStudio Chandigarh: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, inaugurated its all-new Mahindra India Design Studio (MIDS) – a state-of-the-art creative facility that marks a bold leap forward in the company’s design capabilities. Located in Mumbai, the future-ready MIDS doubles the size of the existing studio and reaffirms Mahindra’s commitment to design excellence as a cornerstone of its product development strategy. Originally set up in 2015, MIDS was established as a dedicated studio to support Mahindra’s Auto and Farm businesses. With the rapid growth of the company and a broader portfolio spanning Auto, Farm, and…

13 Apr

भारत-सिंगापुर टैक्स ट्रीटी: भारत में म्यूचुअल फंड कैपिटल गेन पर टैक्स में मिलेगी छूट

MFNewsBusiness, Mutual Funds, Opinions

New Delhi: एनआरआई निवेशकों के लिए ख़ुशख़बरी है कि अब से भारतीय आयकर अपीलीय न्यायाधिकरण (ITAT) ने म्यूचुअल फंड यूनिट्स की बिक्री से उत्पन्न 1.35 करोड़ रुपये के शॉर्ट-टर्म कैपिटल गेन पर उन्हें भारत में कोई टैक्स नहीं देना पड़ेगा। भारत-सिंगापुर कर संधि के तहत यह निर्णय लिया गया है। सीएनके एंड एसोसिएट्स के टैक्स पार्टनर गौतम नायक ने कहा, “यह फैसला भारत-सिंगापुर कर संधि का एक महत्वपूर्ण पहलू उजागर करता है, जिसके बारे में कई एनआरआई निवेशक नहीं जानते। इस कर संधि के अनुसार, म्यूचुअल फंड यूनिट्स (mutual fund units) की बिक्री से उत्पन्न कैपिटल गेन केवल निवेशक के…

13 Apr

51 lakh mutual fund SIPs closed in March; 40 lakh new Registrations

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#51lakhMFSIPMarch Reflecting a stoppage ratio of 127.5%. This means that for every 100 new SIPs registered, 127.5 were discontinued. Mumbai: For the third straight month in March, more mutual fund SIPs were discontinued than newly registered. According to the latest AMFI data released on Friday, about 51 lakh SIPs were stopped last month, while 40 lakh new registrations were recorded — reflecting a stoppage ratio of 127.5%. This means that for every 100 new SIPs registered, 127.5 were discontinued. This figure also includes SIPs that may have ended due to the completion of their tenure. In the previous two months…

13 Apr

Bank of Baroda Introduces the ‘bob Square Drive Deposit Scheme’ with a tenor of 444 Days @ 7.15% p.a.

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#BankofBarodaSquareDriveDepositScheme The bob Square Drive Deposit Scheme offers 7.15% p.a. for general citizens; 7.65% p.a. for senior citizens; 7.75% p.a. for super senior citizens and up to 7.80% p.a. on Non-Callable Deposits Ludhiana: Bank of Baroda (Bank), one of India’s leading public sector banks, today announced the launch of a new retail term deposit scheme – the ‘bob Square Drive Deposit Scheme’, a 444-day term deposit scheme offering an interest rate of 7.15% p.a. for the general public, 7.65% p.a. for senior citizens, 7.75% p.a. for super senior citizens (aged 80 years & above) and up to 7.80% p.a. on…

13 Apr

DBS Bank India New leadership to head the bank’s Consumer Banking Group and Corporate Banking

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#DBSBankIndiaNewleadership Chandigarh: DBS Bank India has announced two senior-level appointments who will lead core business functions. Ambuj Chandna has been appointed Managing Director & Head of Consumer Banking Group, at DBS Bank India, succeeding Prashant Joshi. Ambuj was formerly the President & Head of Consumer Assets at Kotak Mahindra Bank. Santanu Mitra, the former Managing Director and Head - Digital Economy Group, Institutional Banking at DBS Bank Singapore, takes on the role of Managing Director & Country Head Corporate Banking (Large and Midcap) at DBS Bank India. Both leadership positions will report into the Managing Director and CEO of DBS…