Shares Archives - Page 11 of 35

20 May

Bank of Baroda Signs MoU with Govt. of TN for Customised Salary Account for Employees

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#BoBMoUTNSalaryAccount Chandigarh/Ludhiana: Bank of Baroda, one of India’s leading public sector banks, has entered into a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to offer a customised Salary account package for employees of the State Government, including employees of the Police, Forest, Fire & Rescue Departments. The newly launched Salary account package comes with comprehensive insurance coverage at zero cost to the employees, making it one of the most attractive offerings in the Banking sector. The MoU was signed by Shri T.N. Suresh, General Manager & Zonal Head – Chennai Zone, Bank of Baroda and Smt. T Charusree,…

19 May

IPO: Belrise Industries IPO issue opens on May 21, Price band ₹85-90 per share

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#BelriseIndstriesIPOonMay21 Mumbai: Belrise Industries IPO price band has been fixed in the range of ₹85 to ₹90 per equity share of the face value of ₹5. Belrise Industries IPO date of subscription is scheduled for Wednesday, May 21 and will close on Friday, May 23. The allocation to anchor investors for the Belrise Industries IPO is scheduled to take place on Tuesday, May 20. The floor price is 17 times the face value of the equity shares and the cap price is 18 times the face value of the equity shares. The price to earnings ratio based on diluted EPS…

19 May

DBS Bank India revises savings account rates; offers up to 5.5% interest

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#DBSBanknewsavingsrates Customers with domestic savings between ₹5 lakh and ₹50 lakh will now earn 5.50% interest per annum Mumbai: DBS Bank India has increased its savings account interest rates across different balance slabs, offering one of the highest rates in the banking industry. Customers with domestic savings between ₹5 lakh and ₹50 lakh will now earn 5.50% interest per annum. This is nearly double the rate offered by many other banks for the same balance slab, the lender said in a statement. The bank offers a tiered rate structure for both resident and non-resident account holders. Up to ₹2 lakh:…

19 May

SBI cuts fixed deposit interest rates by 20 basis points across all Segments

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#SBIcutsfdratesby20bp New Delhi: SBI's move comes after the Reserve Bank of India (RBI) cut the repo rate in its latest monetary policy review. Since then, several banks have trimmed their FD rates. The State Bank of India (SBI) has reduced its fixed deposit (FD) interest rates by 20 basis points (bps) across all tenors. The revised rates came into effect on May 16, 2025. This marks the second rate cut in just a month, following the previous reduction on April 15. SBI's move comes after the Reserve Bank of India (RBI) cut the repo rate in its latest monetary policy…

17 May

LIC MF re-introduces five flagship equity schemes

MFNewsBreaking News, Business, Insurance, Mutual Funds, Shares, Technology

#LICMFiveequityschemes Mumbai: LIC Mutual Fund has re-introduced five equity schemes as its flagship schemes catering to the needs and requirements of modern investors, especially millennial and Gen-Z investors. The fund house said that these schemes are aimed at enhancing product offerings, attracting new investors and aligning the funds with changing market dynamics. These five schemes include LIC MF Value Fund, LIC MF Small Cap Fund, LIC MF Multi-Asset Allocation Fund, LIC MF Dividend yield Fund and LIC MF Focused Fund. Ravi Kumar Jha, MD & CEO of LIC MF said, “The aim is to reach an AUM of Rs.1 lakh…

17 May

The Hinduja Family Retains Top Spot on UK’s Rich List 2025 for the Fourth Successive Year

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#HindujaFamilyUKRich Mumbai: The Hinduja family led by Mr. Gopichand Hinduja, Chairman of the Hinduja Group, a 110-year-old multinational conglomerate, has topped the Sunday Times Rich List at £35.3 Billion for the fourth successive year. The Sunday Times Rich List is a definitive annual ranking of the wealthiest individuals and families residing in the United Kingdom, with 350 entries in the 2025 edition. Despite global headwinds and policy shifts, the Hinduja family has continued to demonstrate exceptional business resilience and global leadership. The UK-based family's group of companies, headed by Chairman, Mr. G.P. Hinduja, operates in 38 countries with investments in…

16 May

NFO: SBI MF launches Nifty200 Quality 30 Index Fund

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#SBIMFNifty200Quality30IndexFund #SBIMF200Quality30Fund The New Fund Offer (NFO) will open on May 16, 2025, and close on May 29, 2025 Mumbai: SBI Mutual Fund has announced the launch of the SBI Nifty200 Quality 30 Index Fund, an open-ended scheme designed to replicate or track the Nifty200 Quality 30 Index. The New Fund Offer (NFO) will open on May 16, 2025, and close on May 29, 2025. The fund aims to offer investors exposure to 30 companies selected from the broader Nifty 200 index based on specific quality metrics. These include return on equity (ROE), financial leverage (debt/equity ratio), and earnings growth variability,…

16 May

Page Industries Limited delivers 51.6% PAT growth in Q4 FY25

MFNewsBrands, Business, Opinions, Shares

#PageIndustries51PATgrowth Chandigarh: Page Industries Limited, India’s leading apparel manufacturer, today announced its financial results for the fourth quarter and annual year ended March 31st, 2025. Commenting on the results, Mr. V.S. Ganesh, Managing Director, Page Industries Limited said, “I am delighted to share that our sharp focus on supply chain efficiency, product innovation, cost optimisation and consumer experience across all touch points have resulted in 51.6% PAT growth in the quarter and an annual PAT growth of 28.1%” Outlook and Trends: Long term outlook for innerwear and athleisure industry is very positive, aided by the rapid urbanisation and rising purchasing power…

16 May

GINGER BRINGS LEAN LUXE TO DEHRADUN

MFNewsBrands, Breaking News, Business, Entertainment, Health, Opinions, Shares, Travel

#GINGERLUXEDEHRADUN Chandigarh: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the opening of Ginger Dehradun. This new addition to the Ginger portfolio brings the brand’s signature lean luxe philosophy to the capital of Uttarakhand. Ms. Deepika Rao, Executive Vice President – Hotel Openings & New Businesses, IHCL, said, “Ginger Dehradun reflects our focused approach to accelerating growth for the brand in high-potential markets. The mid-scale segment continues to see strong demand driven by rising domestic travel. Dehradun, with its mix of leisure, commercial activity as a state capital and presence of multiple educational institutions offers itself as…

16 May

Axis Bank partners with Antara Senior Care to enhance quality of life for India’s senior citizens

MFNewsBrands, Business, Health, Opinions, Shares, Technology

#AxisBankAntaraSeniorCare #AxisBankAntara Chandigarh: Axis Bank, one of the largest private sector banks in India, has joined hands with Antara Senior Care, India’s only integrated senior care ecosystem and a wholly owned subsidiary of Max India Limited, to enhance the well-being and quality of life of India’s senior population. Through this collaboration, Antara offers its comprehensive suite of products and services, including Care Homes, Care at Home, and AGEasy (a distinctive online and offline marketplace with solutions for chronic health condition management). These services will be available to over 20 lakh customers of Axis Bank’s Silver Linings Program, an initiative specially…