Shares Archives - Page 14 of 16

07 Mar

Bank of Baroda introduces the bob Global Women NRE & NRO Savings Account for Women NRIs

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A first-of-its-kind NRI account among public sector banks specifically tailored for women, offering a host of benefits to empower women Chandigarh: In a first amongst public sector banks, Bank of Baroda announced the launch of the bob Global Women NRE & NRO Savings Account, designed exclusively for women NRIs to meet their global aspirations and unique banking needs. In addition, the Bank has revamped one of its flagship NRI offerings, the bob Premium NRE & NRO Savings Account, enhancing its features and benefits to provide a more rewarding banking experience to customers. The bob Global Women NRE & NRO Savings…

07 Mar

NSE and Divyaj Foundation sign MOU to enhance Financial Literacy and Investor Awareness

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Protecting the interest of investors, especially women, in the securities market is of paramount importance to NSE Chandigarh: In order to enhance financial literacy and investor awareness in the securities market, National Stock Exchange of India (NSE) and Divyaj Foundation have signed a Memorandum of Understanding (MoU) in the presence of its founder Smt. Amruta Devendra Fadnavis and Shri Bhushan Gagrani, Hon’ble Municipal Commissioner, Brihanmumbai Municipal Corporation. Bollywood actor Sharvari Wagh also joined the program. This is indeed a significant step to formalize a partnership that embodies the spirit of financial literacy, investor awareness, investor empowerment and inclusivity. The signing…

07 Mar

Mahindra ranked among top 1% in S&P Global’s 2025 Sustainability Yearbook

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M&M Ltd., become the only car manufacturer in the world to achieve a top 1% CSA ranking in S&P Global's prestigious 2025 Sustainability Yearbook Chandigarh: Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that it has become the only car manufacturer in the world to achieve a top 1 percent Corporate Sustainability Assessment (CSA) ranking in S&P Global's prestigious 2025 Sustainability Yearbook. The 2025 Sustainability Yearbook ranks the top sustainability performers across various sectors based on S&P Global's annual CSA. This year's yearbook analysed over 7,690 companies globally, with only 780 earning a place…

06 Mar

Bank of Baroda Pilots Industry-First “Merchant Loyalty/ Cashback Programme”

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Merchant Use Case through Programmable CBDC Chandigarh: Bank of Baroda (Bank), one of India’s leading public sector banks, under the guidance of Reserve Bank of India, today announced the pilot launch of a new functionality for merchants built on the “Programmability” functionality of Central Bank Digital Currency (CBDC) – the “Merchant Loyalty/ Cashback Programme” in collaboration with a fintech company. This industry-first initiative enables small and medium merchants to independently design and launch loyalty/cashback programmes for their customers, usually designed by large brands, using Bank of Baroda’s “bob Merchant App”. Merchants such as local retail shops, grocery stores, pharmacies etc…

05 Mar

HPCL and Tata Motors Launch Genuine DEF for Enhanced Commercial Vehicle Performance

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This high-quality DEF solution will drive optimal vehicle performance, boost drivetrain efficiency, and extend vehicle longevity CHANDIGARH/LUDHIANA: Hindustan Petroleum Corporation Ltd. (HPCL), a Maharatna Oil Company, and Tata Motors, India’s largest commercial vehicle manufacturer, have partnered to introduce their co-branded Genuine Diesel Exhaust Fluid (DEF). This high-quality DEF solution will drive optimal vehicle performance, boost drivetrain efficiency, and extend vehicle longevity. Produced in BIS-approved facilities that meet the highest industry standards, this co-branded Genuine DEF is being made available via HPCL’s extensive retail network of 23,000 fuel stations across the country, ensuring ready availability and easy access for customers. An…

05 Mar

Bharat Value Fund (BVF) Invests INR 130 Crore in Veira Electronics

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Veira Electronics Private Limited is one of India’s first contract manufacturer to collaborate with Samsung for their Tizen OS Chandigarh: Veira Group is a prominent Indian manufacturer specializing in consumer electronic products. The company has a diverse portfolio that includes LED TVs, washing machines, air coolers, and multimedia speakers. The investment marks successful closure of its Pre-IPO placement round. Veira Group operates two state-of-the-art facilities in Noida, Uttar Pradesh, enabling the production of up to 3 million TVs annually for both domestic and international markets. These facilities are equipped with modern technologies, including vacuum-controlled, zero-dust clean rooms, AOI machines, and…

03 Mar

SUCCESSFUL IMPLEMENTATION OF DIRECT PAYOUT SETTLEMENT FOR SECURITIES

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The mechanism strengthens market integrity and operational efficiency Mumbai: The Market Infrastructure Institutions (MIIs), comprising Exchanges, Clearing Corporations and Depositories, have successfully implemented the Direct Payout Settlement mechanism for securities on February 25, 2025, under the guidance of Securities and Exchange Board of India (SEBI). This initiative enhances efficiency, transparency, and investor protection, ensuring seamless direct credit of securities to clients’ demat accounts. The mechanism strengthens market integrity and operational efficiency. National Stock Exchange of India (NSE) was the first exchange in India to implement electronic or screen-based trading. It began operations in 1994 and is ranked as the largest…

03 Mar

SEBI would be initiating appropriate legal steps to challenge the Order of ACB Court

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Order in respect of allegations pertaining to the listing of a Company Mumbai: A Miscellaneous Application was filed before the ACB Court, Mumbai against the former Chairperson of SEBI, three current Whole Time Members of SEBI and two officials of the BSE. The application sought directions for the Police to register an FIR and investigate into the alleged irregularities in granting listing permission to a Company on the Bombay Stock Exchange in 1994, without complying with the provisions of the SEBI Act, 1992, SEBI (ICDR) Regulations, 2018, and the SEBI (LODR) Regulations, 2015. Even though these officials were not holding…

01 Mar

Safe Investment: External Reasons and Domestic Fall

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Downfall in Indian Stocks and Mutual Funds, wealth of Indian retail investors badly hits Lavanya Singla Chandigarh: The Indian share market has witnessed a significant downfall in recent times, driven by a combination of domestic and global factors. This decline has led to considerable volatility, affecting investor sentiment and economic outlook. One of the primary reasons behind this downturn is global economic uncertainty. Rising inflation across major economies, aggressive interest rate hikes by central banks like the US Federal Reserve, and fears of a global recession have created a ripple effect on emerging markets like India. As foreign institutional investors…

28 Feb

GDP: In Q3 India’s GDP grows at 6.2%, FY25 forecast revised to 6.5%

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Real GDP has been estimated to grow by 6.5% in FY 2024-25. New Delhi: India’s real gross domestic product (GDP) growth for the third quarter (Q3) of financial year 2024-25 (FY25) was 6.2%. The National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), released these Statistics on Friday. Real GDP has been estimated to grow by 6.5% in FY 2024-25. Nominal GDP is expected to witness a growth rate of 9.9% in FY 2024-25. Both the growth rates are revised upward from their respective First Advance Estimates. This growth has been contributed by double-digit growth rates in ‘Manufacturing’ sector (12.3%),…