Business Archives

31 Mar

WAVES Bazaar Expands Global Reach with Exclusive Showcases and Strategic Partnerships

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#WAVESBazaarIndia Mumbai: WAVES Bazaar, the premier global e-marketplace for the Media & Entertainment (M&E) industry, is set to make a powerful impact in its inaugural edition, taking place from May 1-4, 2025, at Jio World Convention Centre, Mumbai. As a key component of WAVES 2025, the marketplace will bring together industry leaders from Film, TV, and AVGC (Animation, VFX, Gaming, and Comics) sectors, offering unparalleled opportunities for collaboration, content showcasing, and business expansion. With an ambitious vision to establish India as a global content hub, WAVES Bazaar will feature a range of exclusive segments, including the Viewing Room, Market Screenings, Buyer…

31 Mar

Vanguard Total Stock Market Index fund, which created $1.15 trillion in Value for Investors

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#VanguardTotalStockMarketIndexfund #Vanguard$1.15trillionforInvestors NewYork: The basic job of a mutual fund is to take investors’ dollars and turn them into more dollars. The funds that have proved most successful have key things in common—they are large, low cost, and diversified—finds a Morningstar study. That may come as no surprise to fans of index funds, which tend to be designed with those features in mind. Plenty of active funds, including favorites like Growth Fund of America and Fidelity Contrafund, are also top performers, Morningstar found. which funds increased their assets under management the most in the 10 years ended in 2024, while factoring…

31 Mar

टाटा न्यू एचडीएफसी बैंक क्रेडिट कार्ड्स की संख्या 2 मिलियन के पार

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टाटा न्यू एचडीएफसी बैंक क्रेडिट कार्ड्स की संख्या 2 मिलियन के पार चंडीगढ़: टाटा न्यू और एचडीएफसी बैंक ने आज एक महत्वपूर्ण उपलब्धि की घोषणा की। टाटा न्यू एचडीएफसी बैंक क्रेडिट कार्ड ने जारी किए हुए कार्ड्स की संख्या 2 मिलियन पर पहुंच चुकी है। इस महत्वपूर्ण पड़ाव को पार करके टाटा न्यू एचडीएफसी बैंक क्रेडिट कार्ड ने भारत के पसंदीदा रिवॉर्ड क्रेडिट कार्ड में से एक के रूप में अपनी स्थिति को मज़बूत किया है। यह उपलब्धि देश भर के ग्राहकों को मूल्य और एक सहज रिवॉर्ड इकोसिस्टम प्रदान करने में कार्ड की उल्लेखनीय सफलता को रेखांकित करती है। टाटा…

31 Mar

एयू स्मॉल फाइनेंस बैंक ने टियर-II बॉन्ड जारी कर ₹770 करोड़ जुटाए

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एयू स्मॉल फाइनेंस बैंक ने टियर-II बॉन्ड जारी कर ₹770 करोड़ जुटाए चंडीगढ़: भारत के सबसे बड़े स्मॉल फाइनेंस बैंक एयू स्मॉल फाइनेंस बैंक (एयू एसएफबी) ने आज ₹770 करोड़ की पूंजी जुटाने के लिए टियर-II बॉन्ड के सफल नीलामी की घोषणा की। इन बॉन्ड्स पर 9.20% का कूपन रेट तय किया गया है। इस फंड जुटाने के साथ ही एयू एसएफबी ने वित्तीय वर्ष 2024-25 के अंतिम कार्य दिवस पर भुगतान की निर्धारित तारीख के बीच मुश्किल लिक्विडिटी हालात के बावजूद देश में अब तक स्मॉल फाइनेंस बैंकों की ओर से किए गए सबसे बड़े बॉन्ड इश्यू में से एक…

31 Mar

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

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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

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#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…

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

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#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

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

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#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,…