Business Archives - Page 3 of 28

31 Mar

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

MFNews0 CommentsBrands, Business

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

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…

30 Mar

Finfluencers with AMFI registration may face SEBI scrutiny

MFNews0 CommentsBusiness, Mutual Funds, Opinions, Shares

#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

MFNews0 CommentsBusiness, Shares, Stocks, Technology

#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

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

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#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

April 1: New mutual fund rules, Stricter NFO timelines, SIF launch

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#MutualFundsNFOSIF01April Mumbai: The Securities and Exchange Board of India (SEBI) has introduced a series of new regulations effective from April 1, 2025. These changes impact fund deployment timelines, introduce a new investment product category called Specialised Investment Fund (SIF), and enable DigiLocker integration for investment statements. Stricter Timelines for NFOsSEBI now requires AMCs to deploy funds raised through NFOs within 30 business days of unit allotment. If deployment is delayed, a one-time extension of another 30 business days is allowed with Investment Committee approval. Failure to deploy funds within 60 business days will result in a halt on fresh inflows,…

29 Mar

Rs 2,00,000 crore worth unclaimed assets in India include equity shares, FD, bonds etc.

MFNews0 CommentsBreaking News, Business, Insurance, Mutual Funds, Opinions, Shares, Technology

Now Nominees Can Now Access Stocks And Mutual Funds Of Deceased Investors Via DigiLocker From April 1 Mumbai: According to media reports, there are Rs 2,00,000 crore worth unclaimed assets in India. These include equity shares, fixed deposits, bonds and other instruments. In most of the situations, where no body claims, the money flows into an investor protection fund. In another major move, the government has introduced a significant benefit for the nominees of deceased investors, allowing them to access the mutual funds and stocks of the deceased. Starting April 1, registered nominees will be able to retrieve information and…