Business Archives - Page 25 of 29

27 Feb

Swaraj in increasing women representation – growing from just 1.5% in 2013 to over 10% in 2024

MFNewsBrands, Business, Technology

Udaiti Foundation Highlights Transformative Progress in Gender Diversity at Swaraj Tractors and Swaraj Engines Mohali: The Udaiti Foundation has released a study showcasing the remarkable strides made by Mahindra’s Swaraj Division and Swaraj Engines Limited (Swaraj) in fostering gender diversity on shop floors. The study highlights the efforts of Swaraj in increasing women representation - growing from just 1.5% in 2013 to over 10% in 2024, thereby setting a benchmark for India’s tractor manufacturing sector. Women employees have lower absenteeism and higher retention rates, contributing to enhanced productivity and operational efficiency, hence making a strong case for their inclusion in the…

27 Feb

Bajaj Allianz Life Becomes the First Insurer to Go Live with Bima-ASBA Facility

MFNewsBreaking News, Business, Health, Insurance, Technology

This milestone aligns with the Insurance Regulatory and Development Authority of India’s (IRDAI) Chandigarh: Bajaj Allianz Life, one of India’s leading private life insurers, has become the first insurer to go live with the BIMA- Application Supported by Blocked Amount facility (Bima-ASBA). This milestone aligns with the Insurance Regulatory and Development Authority of India’s (IRDAI) initiative to bring operational ease, enhance policyholder convenience, ensure greater transparency, and simplify the insurance premium payment process. Bima-ASBA is a significant step forward in making premium payments smoother and customer friendly. Under this IRDAI initiative, policyholders can opt for UPI’s One-Time Mandate (OTM) and…

26 Feb

Pharmazz, Inc. showcased the groundbreaking potential of its lead drug, Sovateltide

MFNewsBrands, Business, Health

“Discovery and development of sovateltide to treat cerebral stroke patients.” Mohali: Pharmazz, Inc., a biopharmaceutical company addressing the critical care market, showcased the groundbreaking potential of its lead drug, Sovateltide in a two-day workshop on Drug Discovery and Development in New Millennium - 4 (D3NM-4) organized by the Department of Pharmacology and Toxicology, NIPER, SAS Nagar, Mohali. The chief guest of the workshop, Prof. Anil Gulati, Founder and CEO of Pharmazz, Inc. USA, delivered the keynote address on “Discovery and development of sovateltide to treat cerebral stroke patients.” Dr. Gulati discussed how he discovered this drug after an extensive 25…

26 Feb

NSE and Government of Assam sign MOU to skill youth in BFSI sector at Advantage Assam 2.0

MFNewsBreaking News, Business, Mutual Funds, Shares, Technology

This project will enhance employability and self-employment opportunities in the BFSI sector. Mumbai: National Stock Exchange (NSE), India’s leading stock exchange and the Government of Assam signed a Memorandum of Understanding (MoU) to implement a student skilling program for the youth of Assam in the Banking, Financial Services and Insurance (BFSI) sector at the Advantage Assam 2.0 Summit. Assam is the 4th state after Uttarakhand, Meghalaya and Chhattisgarh to partner with NSE on skilling youth. The MOU was exchanged between Shri Narayan Konwar, Secretary, Higher Education Department, Government of Assam and Shri Sriram Krishnan, Chief Business Development Officer, NSE, in…

25 Feb

Tata Motors Launches Exclusive STEALTH Edition limited to just 2700 units

MFNewsBrands, Breaking News, Business, Technology, Travel

Tata Motors Launches Exclusive STEALTH Edition limited to just 2700 units Mumbai: Tata Motors, India’s leading SUV manufacturer, proudly celebrates 27 iconic years of the Tata Safari with the launch of the exclusive, limited STEALTH Edition—a bold and sophisticated embodiment of luxury, power, and exclusivity. Limited to just 2,700 units, this premium edition will be available in both the Harrier and Safari redefining exclusivity and finest SUV aesthetics. With sleek, monotone finishes leading the charge, this STEALTH lineup sparks a fresh wave of desirability showcasing the evolving customer preferences of owning a vehicle which is one its kind. With just…

25 Feb

SEBI has issued consultation paper on technology-based measures to create secure trading environment

MFNewsBreaking News, Business, Shares, Stocks, Technology

to prevent unauthorized transactions in trading/demat account of investors Mumbai: SEBI has issued consultation paper on technology-based measures to create secure trading environment and to prevent unauthorized transaction in trading and demat account, on February 18, 2025. The said consultation paper is available on SEBI website. In continuation to the said consultation paper, stock exchanges shall be issuing detailed guidelines w.r.t. procedure, process and manner of implementation of the framework proposed in the said SEBI consultation paper. The draft guidelines on procedure & process on implementation is attached as Annexure – 1. In this regard all stakeholders are requested to…

25 Feb

Auction for Sale (re-issue) of (i) ‘6.79% GS 2031’ (ii) ‘6.92% GS 2039’ and (iii) ‘7.09% GS 2054’

MFNewsBreaking News, Business

The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on February 28, 2025 (Friday) New Delhi: The Government of India (GoI) has announced the sale (re-issue) of (i) “6.79% Government Security 2031” for a notified amount of ₹10,000 crore (nominal) through price based auction using multiple price method, (ii) “6.92% Government Security 2039” for a notified amount of ₹12,000 crore (nominal) through price based auction using multiple price method and (iii) “7.09% Government Security 2054” for a notified amount of ₹10,000 crore (nominal) through price based auction using multiple price method. GoI will have…

25 Feb

22nd EGM: IREDA Shareholders Approve up to ₹5,000 Crore Fundraising via QIP

MFNewsBreaking News, Business, Technology

fundraising plan on January 23, 2025, which includes the dilution of the Government of India’s shareholding in the company by up to 7% post-issue equity New Delhi: Shareholders of Indian Renewable Energy Development Agency Ltd. (IREDA) have approved the company’s proposal to raise up to ₹5,000 crore through Qualified Institutions Placement (QIP) of equity shares, in one or multiple tranches. The approval was granted by the shareholders in favour of the resolution via remote e-voting during the 22nd Extra-Ordinary General Meeting (EGM) held today through video conferencing. The meeting was chaired by Shri Pradip Kumar Das, Chairman and Managing Director,…

23 Feb

10 New Mutual funds open in feb and closed by 11 March, 2025

MFNewsBreaking News, Business, Mutual Funds

New investment opportunities for investors, many new mutual funds are coming Mumbai: Around 10 new mutual fund NFOs are open for subscription. Mutual fund houses launch new funds to complete their bouquet of offerings for subscription and will close between March 4 to March 11. Nine mutual funds will be floated in the market only this week. Currently markets are down and AMCs are continuously bringing new NFOs and with this investors are also getting new investment opportunities. Scheme Name Open Date Close Date Scheme Type Kotak Nifty Commodities Index Fund 17-Feb-2025 03-Mar-2025 Open Ended Mirae Asset BSE 200 Equal…

22 Feb

म्यूचुअल फंड: व्यक्तिगत निवेशकों का AUM 1 साल में 30 प्रतिशत बढ़ा, AMFI रिपोर्ट

MFNewsBreaking News, Business, Mutual Funds, Opinions

-मार्केट में गिरावट के बावजूद निवेशकों का लॉन्गटर्म में भरोसा अभी भी काफी हद तक बना हुआ है मुंबई: बीते सालों में म्युचुअल फंड रिटेल निवेशकों के बीच वेल्थ क्रिएशन के लिए काफी तेजी से लोकप्रिय हो रहे हैं। एसोसिएशन ऑफ म्यूचुअल फंड्स इन इंडिया (AMFI) द्वारा जनवरी 2025 के नवीनतम आंकड़ों से पता चलता है कि पिछले एक साल में व्यक्तिगत निवेशकों द्वारा निवेश की गई कुल एसेट्स में 30 प्रतिशत से अधिक की वृद्धि हुई है। आंकड़ों के अनुसार जनवरी 2025 में व्यक्तिगत निवेशकों के पास म्यूचुअल फंड में ₹41.43 लाख करोड़ थे, जो जनवरी 2024 की तुलना…