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07 Mar

Citi named best Bond and Equity bank across Asia

MFNewsBrands, Business, Technology

Citi also picking up best equity and equity linked advisor for Asia Pacific from The Asset Chandigarh: Citi was recently named best Asia Pacific bond house by both IFR Asia and Finance Asia in their recent annual awards for 2024 with the bank also picking up best equity and equity linked advisor for Asia Pacific from The Asset. “This recognition is testament to the teams’ focus on supporting Citi’s clients to deliver the best possible solutions for them. I would also like to thank clients for the trust they place in our network and advice on their key business decisions,”…

07 Mar

Mahindra ranked among top 1% in S&P Global’s 2025 Sustainability Yearbook

MFNewsBrands, Business, Shares, Technology, Travel

M&M Ltd., become the only car manufacturer in the world to achieve a top 1% CSA ranking in S&P Global's prestigious 2025 Sustainability Yearbook Chandigarh: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that it has become the only car manufacturer in the world to achieve a top 1 percent Corporate Sustainability Assessment (CSA) ranking in S&P Global's prestigious 2025 Sustainability Yearbook. The 2025 Sustainability Yearbook ranks the top sustainability performers across various sectors based on S&P Global's annual CSA. This year's yearbook analysed over 7,690 companies globally, with only 780 earning a place…

06 Mar

HDFC Bank, Indian Army & CSC Academy expand Project NAMAN to 26 new locations

MFNewsBrands, Business, Opinions, Technology, Travel

Project for support Army Veterans and their families CHANDIGARH/LUDHIANA: HDFC Bank, India’s leading private sector Bank, India Army and CSC e-Governance have renewed the MoU to expand Project NAMAN – A Tribute to Veterans to 26 Directorate of Indian Army Veterans (DIAV) locations. Project NAMAN is designed to provide support and services to Army Veterans, their families and next of kins. These CSC Centres, which will be operated by Army Veterans or their families or next of kins are dedicated to offer pension related services, Government to Citizen (G2C) services and Business to Consumer (B2C) services at their doorsteps within…

06 Mar

Axis AMC appoints Nandik Mallik as Head – Equity & Hybrid for its proposed SIFs

MFNewsBrands, Opinions

Chandigarh: Axis Asset Management Company is pleased to announce the proposed appointment of Nandik Mallik as Head - Equity & Hybrid for its proposed SIFs. Nandik is a seasoned financial services professional with over two decades of experience, most of it in the asset management space. Axis Mutual Fund recognizes the significant potential in the newly notified product category i.e. Specialised Investment Funds (SIFs) space, and Nandik will spearhead Axis AMC’s efforts in this emerging category. With an extensive background in managing large AUMs across risk-adjusted funds, he brings valuable expertise to the team. Nandik’s career includes successfully launching the…

06 Mar

Bank of Baroda Pilots Industry-First “Merchant Loyalty/ Cashback Programme”

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Merchant Use Case through Programmable CBDC Chandigarh: Bank of Baroda (Bank), one of India’s leading public sector banks, under the guidance of Reserve Bank of India, today announced the pilot launch of a new functionality for merchants built on the “Programmability” functionality of Central Bank Digital Currency (CBDC) – the “Merchant Loyalty/ Cashback Programme” in collaboration with a fintech company. This industry-first initiative enables small and medium merchants to independently design and launch loyalty/cashback programmes for their customers, usually designed by large brands, using Bank of Baroda’s “bob Merchant App”. Merchants such as local retail shops, grocery stores, pharmacies etc…

05 Mar

Bandhan Mutual Fund Launches Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund

MFNewsBreaking News, Business, Mutual Funds

The fund offers exposure to a portfolio comprising AAA-rated Certificates of Deposit (CDs), Commercial Papers (CPs), and Corporate Bonds Mumbai: Bandhan Mutual Fund has announced the launch of the Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, an open-ended Constant Maturity index fund designed to provide investors with a structured short-term fixed-income investment opportunity. The fund offers exposure to a portfolio comprising AAA-rated Certificates of Deposit (CDs), Commercial Papers (CPs), and Corporate Bonds issued by leading banks, NBFCs, and financial institutions. With a systematic roll-down strategy from 6 months to 3 months, the fund aims to capture short-term yield…

05 Mar

HPCL and Tata Motors Launch Genuine DEF for Enhanced Commercial Vehicle Performance

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This high-quality DEF solution will drive optimal vehicle performance, boost drivetrain efficiency, and extend vehicle longevity CHANDIGARH/LUDHIANA: Hindustan Petroleum Corporation Ltd. (HPCL), a Maharatna Oil Company, and Tata Motors, India’s largest commercial vehicle manufacturer, have partnered to introduce their co-branded Genuine Diesel Exhaust Fluid (DEF). This high-quality DEF solution will drive optimal vehicle performance, boost drivetrain efficiency, and extend vehicle longevity. Produced in BIS-approved facilities that meet the highest industry standards, this co-branded Genuine DEF is being made available via HPCL’s extensive retail network of 23,000 fuel stations across the country, ensuring ready availability and easy access for customers. An…

05 Mar

Toyota Kirloskar Motor Introduces Legender 4X4 in All New Manual Transmission (MT) Grade

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Prestigious yet powerful, the Legender seamlessly blends luxury and performance, redefining excellence in the premium SUV segment CHANDIGARH: Addressing the growing demand for high-performance, adventurous and stylish SUVs, Toyota Kirloskar Motor (TKM) today introduced the Manual Transmission (MT) variant of the Toyota Legender 4X4. Designed for thrill seeking driving enthusiasts, this new variant enhances engagement and control while delivering a perfect blend of power, luxury, and cutting-edge technology. Built to dominate any terrain, the Legender made its India debut in 2021 with advanced 4X4 capabilities, making it the ideal companion for off-road adventures. At the heart of the Legender 4X4…

05 Mar

Royal Challenge Packaged Drinking Water Introduces ‘Bold Sherni’ – India’s First Female Superfan, this cricket season

MFNewsBrands, Business, Entertainment, Sports, Technology, Travel

Fan, Icon, Trailblazer – Tanvi Takane Takes Center Stage in Cricket Fandom Chandigarh: Cricket in India isn’t just a sport, it’s a way of life. Every cricket season, stadiums are packed with passionate fans, their cheers echoing through every boundary and wicket. But look around, and you’ll notice a pattern, the superfans, the ones leading the chants and making headlines, have mostly been men. This season, Royal Challenge Packaged Drinking Water is rewriting the script with ‘Bold Sherni’- India’s first-ever female cricket superfan. Bold, fearless, and unapologetically passionate, she represents the millions of women who have lived every match, celebrated every six, and…

05 Mar

Axis AMC Partners with NISM to Launch Industry-First Talent Development Program “Unnati”

MFNewsBreaking News, Business, Mutual Funds, Technology

Day 1 job-ready talent pipeline for the rapidly expanding mutual fund sector Chandigarh: In a pioneering move aimed at addressing the growing demand for skilled professionals in the mutual fund industry, Axis AMC has announced a strategic partnership with the National Institute of Securities Markets (NISM). This collaboration will formally launch the “Unnati” program—a specialized, industry-first initiative designed to create a Day 1 job-ready talent pipeline for the rapidly expanding mutual fund sector. The mutual fund industry in India is experiencing unprecedented growth, fuelled by an increase in investor participation and market expansion. However, there is an urgent need for…