MFNews, Author at MFNews

31 Mar

L&T Wins Ultra Mega Contract for its Offshore Hydrocarbon Business

MFNews0 CommentsBusiness, Shares, Technology

L&T’s largest order till date Chandigarh: QatarEnergy LNG, the world’s premier LNG company, has awarded an Ultra Mega Offshore Contract for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4) to Larsen & Toubro Limited (L&T) Hydrocarbon Business (L&T Energy Hydrocarbon – LTEH) marking the largest single contract ever received by L&T. The scope of work encompasses the engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes, each comprising of large offshore platforms with compression & power generation facilities, living quarters, flare platforms, interconnected bridges, and other associated structures to be located at approximately 80 kms…

31 Mar

AJIO PARTNERS WITH LAKMĒ FASHION WEEK TO SHOWCASE ASOS’ LATEST COLLECTION

MFNews0 CommentsBrands, Business, Entertainment, Technology, Travel

#AJIOLAKMĒFASHIONWEEK Bollywood stars Tara Sutaria and Veer Pahariya as showstoppers embody ASOS' bold yet breezy aesthetic Mumbai: AJIO, India’s premier fashion and lifestyle destination, partnered with Lakmē Fashion Week (LFW) to present the highly anticipated ASOS transition line, exclusively available in India on AJIO. This collaboration reinforces AJIO’s commitment to bringing global fashion closer to Indian consumers, offering them unparalleled access to international trends and styles. At the much-awaited fashion show, A Summer of Style (ASOS), ASOS unveiled its latest transition line, featuring an eclectic mix of shirts, trousers, skirts, dresses, co-ord sets, and more - each designed to capture…

31 Mar

Indian Council of Astrological Sciences Organized Convocation

MFNews0 CommentsEntertainment

The event served as an important platform for discussions on astrology's scientific aspects Chandigarh: The Indian Council of Astrological Sciences (ICAS), organized a grand Astrology Seminar and Convocation under the esteemed guidance of Hon. National Vice President, Mr. Anil Kaushal. The event was graced by the Hon. National President, Sh. A. B. Shukla, IAS (Retd.), as the Chief Guest. Hon. National Working President cum Controller of Examination, Sh. Navneet Kaushik, was the Guest of Honour. Mr. Anil Kaushal said that the seminar and convocation celebrated the accomplishments of students who had mastered the discipline of astrology, marking the culmination of…

30 Mar

Finfluencers with AMFI registration may face SEBI scrutiny

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#FinfluencersAMFISEBI Mumbai: Iinfluencers, or 'finfluencers,' registered as mutual fund distributors (MFDs) with the Association of Mutual Funds in India (AMFI). This move comes as the regulator seeks to harmonize advertising codes across various regulated entities and address the spread of financial misinformation on social media platforms. SEBI chairperson Tuhin Kanta Pandey stressed the importance of uniform advertising codes for all SEBI-regulated entities. "I have been talking to various associations. Several things can be done in terms of rationalization, removing redundancy, in case of combining things, and sometimes combining things across regulations," he said. AMFI regulates MFDs. If it doesn't, Pandey assured SEBI's…

30 Mar

SEBI Fines Basant Maheshwari Wealth For Fee Norm Violation, Exaggerated YouTube Captions

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#SEBIFinesBasantMaheshwariWealth Mumbai: The Securities and Exchange Board of India (SEBI) has imposed a Rs 4 lakh penalty on Basant Maheshwari Wealth Advisers LLP for breaching investment adviser regulations, including violations related to misleading advertising practices. A finding from SEBI’s inspection, conducted on December 29, 2023, covering the period from October 19, 2023, to December 31, 2023, was the firm’s use of exaggerated captions in its YouTube videos. SEBI’s advertising code prohibits investment advisers from making misleading claims or using exaggerated promotional content to attract investors. The firm’s marketing practices, particularly on digital platforms, were found to be non-compliant with these…

30 Mar

Top 5 Gold ETFs: Converted Rs 1,25,000 one-time investment into Rs 3,81,354 in 10 Years

MFNews0 CommentsBrands, Breaking News, Business, Mutual Funds

#Top5GoldETF Mumbai: Golf ETFs are tradable mutual funds in a stock exchange. Investors who don't want to invest in physical gold directly but want to benefit from its price appreciation may invest in gold ETFs. These ETFs represent 99.5 per cent pure physical gold bars. One gold ETF unit is equal to 1 gramme of gold. Unlike physical gold, there are no making charges on gold ETFs, plus their price is the same everywhere. Since these are traded on a stock exchange, an investor needs a demat amount to invest in them. Since they track the price of pure gold, they…

30 Mar

Amazon to restore Bengaluru’s Yamare Lake, plans to replenish 270 million litres of water annually

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#AmazonYamareLake Chandigarh: A restoration project by Amazon India at Yamare Lake, located in Yamare Village, near Sarjapur Road in greater Bengaluru area, is expected to increase the water volume of the lake from less than one acre to 21 acres once completed. Working with SayTrees, a local environmental organization, Amazon plans to replenish more than 270 litres of water annually, with the objective to benefit the local community. Once finalized, this project will help Amazon make progress toward its plan to return more water to communities in India than it uses by 2027. Amazon and SayTrees are working towards restoring…

30 Mar

Approx. 31 lakh defence pensioners, of the total 32 lakh, onboarded on SPARSH portal

MFNews0 CommentsBusiness, Opinions, Technology

#defencepensionersSPARSH Over 200 DAD offices, 16 Bank branches and nearly five lakh CSCs operational to help pensioners New Delhi: Of the total 32 lakh defence pensioners, approx. 31 lakh have been onboarded on System for Pension Administration - Raksha (SPARSH) and their pensions are being directly credited into their bank accounts. Launched in October 2020, SPARSH is a ‘Digital India’ initiative that aims to provide a comprehensive, transparent, and efficient solution for managing defence pensions, including sanctioning and disbursing pensions to the Armed Forces personnel and Defence civilians living across the country. In order to help veterans and their families,…

30 Mar

MDI Gurgaon Celebrates Convocation 2025; Announces New Centre to Drive Financial Research

MFNews0 CommentsBusiness, Opinions, Technology

#MDIGurgaonFinancialResearch Gurgaon: The Management Development Institute (MDI Gurgaon) held its Annual Convocation 2025 on March 29, 2025, making it a day to remember. It was a vibrant celebration of student achievements, institutional ambition, and the promise of future leadership. In a moment that underscored MDI Gurgaon’s growing national and global relevance, the event also saw the formal unveiling of the Centre for Financial Services in India, a pioneering initiative to shape the future of the country’s financial ecosystem. This year, 689 students graduated across the programmes including PGDM, PGDM-Human Resource Management, PGDM-International Business, PGDM-Business Analytics, PGDM-Online, PGDM-Business Management, PGDM-Business Administration, Fellow Programme in Management and…

30 Mar

RIL’S R|ELAN UNVEILED NAMRATA JOSHIPURA’S ATHLEISURE COLLECTION AT LAKMĒ FASHION WEEK X FDCI 2025

MFNews0 CommentsBrands, Entertainment, Technology

A seamless fusion of function and fashion, powered by R|Elan’s innovative fabric technology Mumbai: In a striking confluence of high-performance fabric technology and cutting-edge design, this season Reliance Industries Limited’s R|Elan fabric 2.0 joined forces with Namrata Joshipura and presented an electrifying athleisure collection at Lakmē Fashion Week X FDCI 2025 in Mumbai. This highly anticipated showcase unveiled a new era of versatile fashion where street glamour meets activewear innovation with remarkable fabric technology. Joshipura, known for her bold, contemporary aesthetic, brings forth a collection designed for the modern woman who is always on the move. Sculpted bodysuits, statement puffer…