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AIR INDIA INAUGURATES CENTRE OF DIGITAL INNOVATION IN KOCHI
22 Mar

AIR INDIA INAUGURATES CENTRE OF DIGITAL INNOVATION IN KOCHI

MFNews0 CommentsBrands, Breaking News, Business, Entertainment, Shares, Technology, Travel
 CENTRE TO POWER INNOVATIVE DIGITAL TOUCHPOINTS AND ENHANCE CUSTOMER EXPERIENCE ·         Centre was inaugurated by Chairman of Tata Group N. Chandrasekaran, who is also the Chairman of Air India ·         CODi (pronounced Code-eye) will play a key role in shaping Air India as a modern, world-class airline Chandigarh: Air India, India’s leading global airline, has announced the inauguration of its newly created Air India Centre of Digital Innovation (CODi) #AirIndiaCODI in Kochi. The centre will focus on developing customer-facing digital touchpoint technologies and cutting-edge data and Artificial Intelligence capabilities, which are playing a key role in shaping Air India as a modern,…
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SSF Plastics files draft papers for Rs 550-cr IPO
22 Mar

SSF Plastics files draft papers for Rs 550-cr IPO

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Chandigarh: SSF Plastics India Ltd has filed preliminary papers with capital markets regulator SEBI to raise Rs 550 crore through an initial public offering (IPO). The proposed #IPOSSFPlastics #SSFPlasticsIPO IPO comprises a fresh issue of equity shares worth Rs 300 crore and an offer for sale (OFS) of Rs 250 crore by promoters and promoter group entities, according to the draft red herring prospectus (DRHP) filed on Thursday. At present, promoters and promoter group entities hold 100 per cent stake in the company. Proceeds from the fresh issue will be utilised for payment of debt, funding capital expenditure requirements for purchase…
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CFA Institute Publishes India Finfluencer Report
21 Mar

CFA Institute Publishes India Finfluencer Report

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#CFAInstituteIndiaFinfluencerReport MOHALI: CFA Institute, the global association of investment professionals, today unveiled its much-anticipated India Finfluencer Report titled 'Clicks and Credibility: Understanding Finfluencers' Role in Investment Decisions', offering a comprehensive analysis of the evolving role of financial influencers, or "finfluencers," in shaping investment decisions across India's retail investor landscape. The study, based on a survey of over 1,600 investors and an in-depth analysis of 51 prominent financial influencers, reveals both the potential and the pitfalls of this growing phenomenon. Notably, only 2% of the financial influencers analysed in the report are registered with SEBI, yet 33% still offer explicit buy…
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EPFO Adds 17.89 Lakh Net Members during January 2025
20 Mar

EPFO Adds 17.89 Lakh Net Members during January 2025

MFNewsBreaking News, Business, Opinions
An increase of 11.48 per cent has been registered in net payroll addition during the current month New Delhi: The Employees' Provident Fund Organization (EPFO) has released provisional payroll data for January 2025, revealing a net addition of 17.89 lakh members. An increase of 11.48 per cent has been registered in net payroll addition during the current month as compared to the previous month of December 2024. Further, the year-on-year analysis reveals a growth of 11.67 per cent in net payroll additions compared to January 2024, signifying increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO’s effective…
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Bandhan AMC Introduces Vedartha – A Wealth Creation Platform for Onshore and Offshore Investors
20 Mar

Bandhan AMC Introduces Vedartha – A Wealth Creation Platform for Onshore and Offshore Investors

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Fixed Income products offered under Vedartha will be managed by a team headed by Bhupendra Meel, Head – PMS & Alternative – Fixed Income Chandigarh: Bandhan AMC, a leading name in the Indian investment management industry, announced its new alternate investment platform, Vedartha. The new platform seeks to offer products using listed equities and fixed-income solutions under Bandhan AMC’s Alternative Investment Funds (AIF) as well as Portfolio Management Services (PMS). Equity-focused products offered under Vedartha will be managed by a team led by Mrinal Singh, Head – Alternates (Listed Equities), whereas Fixed Income products offered under Vedartha will be managed…
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Preserve wealth and manage inflation with ICICI Pru GIFT Select
20 Mar

Preserve wealth and manage inflation with ICICI Pru GIFT Select

MFNewsBrands, Breaking News, Business, Insurance, Mutual Funds, Technology
#ICICIPruGIFTSelect ICICI Pru GIFT Select, a product designed to provide guaranteed income while preserving wealth Chandigarh: In today’s uncertain economic environment, financial planning to ensure an additional income stream has become important which can aid individuals to manage rising inflation, navigate market fluctuations, and achieve financial goals. To meet this need individuals are looking for investment options which provide both safety of capital invested and growth. To fulfil this need, ICICI Prudential Life Insurance has launched a unique long-term savings product – ICICI Pru GIFT Select, a product designed to provide guaranteed income while preserving wealth. “Our goal is to…
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IIHL Targeting a Valuation of USD 50 billion by 2030: Chairman Ashok Hinduja
19 Mar

IIHL Targeting a Valuation of USD 50 billion by 2030: Chairman Ashok Hinduja

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Acquisition of Reliance Capital, completing the three-year-long resolution process of the debt-ridden company Chandigarh: IndusInd International Holdings Chairman Ashok Hinduja said that with the acquisition of Reliance Capital, IndusInd International Holdings Ltd (IIHL) is targeting a valuation of USD 50 billion by 2030. He announced on Tuesday that the acquisition of Reliance Capital, completing the three-year-long resolution process of the debt-ridden company. IndusInd International Holdings Ltd (IIHL) has transferred the bid amount to the escrow account of the lender, and the takeover of the management from the Administrator will happen on Wednesday. Mauritius-based IIHL emerged as the successful suitor with…
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PM-KISAN:  Rs. 416 Cr. has been recovered from the Ineligible Beneficiaries Across the Country
19 Mar

PM-KISAN:  Rs. 416 Cr. has been recovered from the Ineligible Beneficiaries Across the Country

MFNewsBreaking News, Business, Opinions
Government of India has disbursed over Rs 3.68 lakh Cr. through 19 installments since inception. Instalment-wise details is annexed New Delhi: The #PM-KISAN scheme is a central sector scheme launched in February 2019 by the Hon’ble Prime Minister to supplement the financial needs of cultivable land-holding farmers. Under the scheme, a financial benefit of Rs 6,000/- per year is transferred in three equal instalments, into the Aadhaar seeded bank accounts of farmers through Direct Benefit Transfer (DBT) mode. Maintaining absolute transparency in registering and verifying beneficiaries, the Government of India has disbursed over Rs 3.68 lakh Cr. through 19 installments…
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55.02 crore Jan-Dhan accounts have been opened till 7th March 2025
18 Mar

55.02 crore Jan-Dhan accounts have been opened till 7th March 2025

MFNewsBreaking News, Business, Opinions, Technology
Out of 55.0 crore 36.63 crore accounts are in rural and semi-urban areas Atal Pension Yojana, Pradhan Mantri Mudra Yojana, Stand Up India Scheme and other financial inclusion schemes have also witnessed remarkable progress New Delhi: The Government initiated the National Mission for Financial Inclusion (NMFI), namely the Pradhan Mantri Jan Dhan Yojana (PMJDY) #Jandhanaccounts in August, 2014 to provide universal banking services for every unbanked adult based on the guiding principles of banking the unbanked, securing the unsecured, funding the unfunded and serving unserved and underserved areas. A total of 55.02 crore Jan-Dhan accounts have been opened till 07.03.2025, out of…
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ICICI Prudential Mutual Fund relocates its Ludhiana branch
18 Mar

ICICI Prudential Mutual Fund relocates its Ludhiana branch

MFNewsBreaking News, Business, Mutual Funds
The Company remains committed to reach out to retail investors across the length and breadth of the country #BranchOpening  #ICICIPAMCLudhiana Ludhiana: Investors and distributors of ICICI Prudential MF in Ludhiana can now reach out to the fund house at a new address.  The existing Ludhiana branch has been relocated to ICICI Prudential Asset Management Co. Ltd., Ludhiana Stock Exchange Building, 751/133, Feroze Gandhi Market, Ludhiana, Punjab -141001. The new office was inaugurated by Sodhi Choudhary, Zonal Head – ICICI Bank, Pankaj Jawanjal, Zonal Head - Retail Sales & Distribution – North and Vipul Ghai, Regional Head, Retail Sales & Distribution…
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