Business Archives - Page 8 of 40

09 Apr

11 new Passive Funds tracking Nifty Indices launched in Japan and Korea in FY 2024-25

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#NiftyIndicesJapanKorea Mumbai: In FY 2024-25, a total of eleven new passive funds (Exchange Traded Funds and Index Funds) tracking Nifty Indices were launched in Japan and Korea. Of these, 9 funds track the Nifty 50 Index, while one tracks the Nifty India Corporate Group Index – Tata Group 25% and another tracks the Nifty Midcap 50 Index. Sl. No. Issuer Name Country Index Name 1 Amundi Asset Management Japan Nifty 50 2 Asset Management One Japan Nifty 50 3 Asset Management One Japan Nifty Midcap 50 4 au Asset Management Corporation Japan Nifty 50 5 Daiwa Asset Management Co. Ltd.…

09 Apr

TAJ SAMUDRA, COLOMBO WELCOMES HON’BLE PRIME MINISTER SHRI NARENDRA MODI

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#TAJSAMUDRACOLOMBOPMMODI Chandigarh: Taj Samudra, Colombo, had the honour of welcoming the Hon’ble Prime Minister of India, Shri Narendra Modi, during his recent visit to Sri Lanka. This visit marks a momentous milestone for Taj Samudra, further solidifying its role as a symbol of Indian hospitality in Sri Lanka. Set against the backdrop of the iconic Galle Face Green, Taj Samudra boasts breath-taking views of the mesmerizing Indian Ocean and the vibrant cityscape of Colombo. The Prime Minister was warmly received by the hotel’s leadership and associates, who came together to extend their heartfelt hospitality. During the visit, Prime Minister Modi…

09 Apr

Poonawalla Fincorp Launches Shopkeeper Loan Business

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Enabling small retailers and kirana stores with accessible funding to meet evolving business needs Chandigarh: Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group promoted NBFC, focused on Consumer & MSME Lending, has today announced the launch of its Shopkeeper Loan Business. The solution addresses key financial challenges faced by small retailers and kirana stores, including cash flow, inventory, and customer management, while enhancing their operational efficiencies. Building on its vision to become the preferred financier for the self-employed segment, PFL aims to enhance the competitiveness of small retail businesses through its customized financial solutions. Commenting on the launch, Mr. Arvind…

09 Apr

Spinny Post Q1 2025: Digital Transactions, Women Buyers, and Automatic Cars are Shaping India’s Growing Used Car Market

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Spinny Post Q1 2025: Digital Transactions Chandigarh: As India’s urban expansion continues and mobility needs evolve, car ownership remains the preferred solution for millions of Indians. Spinny, the country’s leading full-stack used car platform, has released its Q1 2025 report, revealing significant shifts in the pre-owned car market. The report highlights the dominance of digital-first transactions, value-added services, rising demand for automatic cars, and the growing influence of women buyers, all pointing to a transformation in how Indians approach car ownership. Additionally, the report identifies Bengaluru, Hyderabad, and Delhi as the top car-buying cities, reflecting the strong demand in these…

08 Apr

IPO: boAt files draft papers via confidential pre-filing route for Rs 2,000 Cr

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#IPOboAt2000cr Mumbai: Established in 2013 by Aman Gupta and Sameer Mehta, Imagine Marketing offers a product portfolio ranging from audio gear and smart wearables to personal grooming products and mobile accessories. Established in 2013 by Aman Gupta and Sameer Mehta, Imagine Marketing offers a product portfolio ranging from audio gear and smart wearables to personal grooming products and mobile accessories. Imagine Marketing Ltd, the parent firm of electronics and lifestyle brand boAt, on April 8 announced it has filed draft papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) via a confidential pre-filing…

08 Apr

Integration of ION Mobility’s assets and IP for TVS Motor’s EV footprint in SE Asian markets

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#TVSMotorEV Chandigarh: TVS Motor Company (TVSM), a leading global manufacturer of two and three-wheelers, is set to strengthen its electric vehicle (EV) presence in Southeast Asia through the integration of ION Mobility’s assets, intellectual property, and talent into its operations. Southeast Asia represents one of the world’s fastest-growing regions for motorbike usage, offering a significant opportunity for expansion. TVSM has been a strategic investor in ION Mobility, a full-stack EV company known for its robust in-house capabilities across industrial and product design, mechanical and electrical engineering, embedded and power electronics, firmware, software, and supply chain solutions. This integration, combined with…

08 Apr

Jio Finance Limited forays into Digital Loan Against Securities

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#JioFinanceDigitalLoan Customers can get loans of up to Rs. 1 crore in just 10 minutes through the JioFinance AppMumbai: Jio Finance Limited (JFL), the NBFC arm of Jio Financial Services Limited, has introduced fully digital Loan Against Securities (LAS) for its customers. The LAS oﬀering from JFL is a secured lending product that allows customers to leverage their investments, such as shares and mutual funds, to avail loans at competitive interest rates, all within just ten minutes through a completely digital process. Available through the JioFinance app, a one-stop destination for seamless and digital-ﬁrst ﬁnancial services, LAS – comprising Loan…

08 Apr

Vi 5G Goes Live at Maharaja Yadavindra Singh Cricket Stadium, Chandigarh

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#Vi5GChandigarh Spectators can enjoy unlimited high-speed Vi 5G free of cost Chandigarh: As the T20 cricket fever grips the nation, Vi has brought its 5G services to the Maharaja Yadavindra Singh Cricket Stadium, Chandigarh. Ensuring that cricket lovers in the Chandigarh can experience ultra-fast speeds while soaking in live cricket action, Vi has strengthened its network infrastructure to provide seamless 5G connectivity at the stadium. To ensure high-speed connectivity to the thousands of spectators gathering at Chandigarh Cricket Stadium for live action, Vi has deployed additional 5G network sites and strengthened its network with technologies like BTS and Massive MIMO.…

08 Apr

HDFC Mutual Fund’s New ad-film under its flagship campaign ‘Zindagi Ke Liye SIP’

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#HDFCMFZindagiKeLiyeSIP Mumbai: HDFC Asset Management, investment manager to HDFC Mutual Fund (HDFC MF), today announced the launch of new communication under its flagship campaign, ‘Zindagi Ke Liye SIP'. As part of the investor education and awareness initiatives undertaken by the fund house, the campaign aims to address the concerns of hesitant investors by making them realise that they are already playing the role of investors in their life and highlights the importance of consistent, small investments through SIPs (Systematic Investment Plans). The campaign draws a parallel between how each one of us is an investor by virtue of our daily…

08 Apr

Nifty near 22,400, Sensex jumps 750 points; all sectors in green, broader markets shine

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#NiftySensexjumps Mumbai: Indian markets opened with a sharp spurt in trade on April 8, leading Nifty 50 and Sensex to gallop over one percent as bulls took over the reins. However, during the first hour of trade, the benchmarks gave up a portion of their gains, as caution weighed. At 10:20 am, the Sensex was up 751.50 points or 1.03 percent at 73,889.52, and the Nifty was up 255.10 points or 1.15 percent at 22,416.40. About 2534 shares advanced, 560 shares declined, and 115 shares unchanged. The broader markets outperformed, with the Nifty Midcap 100 and Nifty Smallcap 100 jumping…