Technology

24 Apr

AIR INDIA RECEIVES GDP CERTIFICATION FOR CARGO BUSINESS

MFNewsBrands, Business, Health, Shares, Technology, Travel

#AIRINDIAGDPCERTICARGOBUSI SETTING NEW BENCHMARK IN PHARMA LOGISTICS  Becomes the first Indian airline certified for Good Distribution Practices (GDP) Chandigarh: Air India, India’s leading global airline, has been awarded the Good Distribution Practices (GDP) certification for its Cargo business, reinforcing its commitment to delivering world-class logistics solutions for pharmaceutical products. Air India is the first and only Indian carrier, and among a few in Asia, to have achieved this global standard for excellence in handling, storage, and transportation of time and temperature-sensitive pharmaceutical shipments. The GDP certification validates Air India’s compliance with international guidelines for the safe and secure distribution of…

Read More

24 Apr

Neeraj Kumar Gupta (ex-IAS) joins NSE International Exchange as Chairman

MFNewsBusiness, Opinions, Shares, Technology

#NeerajGuptaNSEInternationalExchange Chandigarh: Neeraj Kumar Gupta (Ex-IAS) joins NSE International Exchange as Chairman and Public Interest Director, effective on 19th April 2025. The International Financial Services Centres Authority (IFSCA) has approved his appointment as Chairman & Public Interest Director (PID) on the Governing Board of NSE IX with effect from 1st April 2025. Neeraj Kumar Gupta is an accomplished and highly experienced retired Indian Administrative Service (IAS) officer (1982 Batch, UP Cadre). He retired as Secretary, Ministry of Finance (Department of Investment & Public Asset Management, Government of India) in 2018 and was re-appointed by the President of India as Central…

Read More

24 Apr

360 ONE WAM enters into collaboration with UBS on wealth management

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Technology

#360ONEWAMwithUBS Wealth management in India and international markets Chandigarh: 360 ONE WAM Ltd (“360 ONE”), one of India's largest independent wealth and asset management firms, announced today that it has entered into an exclusive strategic collaboration with UBS, one of the world’s leading wealth managers and universal banking firms headquartered in Switzerland. This exclusive strategic collaboration combines 360 ONE’s local knowledge and reach with UBS’s global and regional expertise to deliver enhanced benefits to clients. As part of this collaboration, it is proposed that clients from both institutions will have access to onshore and offshore wealth management solutions. Potential collaborative…

Read More

24 Apr

NSDC and Rapido launch initiative to boost gig economy opportunities

MFNewsBrands, Business, Entertainment, Health, Opinions, Technology

#NSDCRapidolaunchinitiative Chandigarh: National Skill Development Corporation (NSDC) and one of the India’s leading bike taxi aggregators Rapido today signed a Memorandum of Understanding (MoU) to facilitate skill development for gig workers. The partnership aims to bridge the gap between skilling and employability by integrating trained individuals into the gig economy, providing them with both part-time and full-time job opportunities. It will combine NSDC’s expertise and infrastructure in skilling and training with Rapido’s bike taxi fleet and network to provide sustainable earning opportunities for candidates, accompanied by access to vehicles, skill development programmes, and stable income prospects. Emphasising their shared commitment to…

Read More

24 Apr

SBI General Insurance PAT zooms at 112% YoY to Rs. 509 crores

MFNewsBrands, Breaking News, Business, Health, Insurance, Opinions, Shares, Technology, Travel

#SBIGeneralInsurancePAT509crores Topline (GDP) shows strong growth at 10.6 %, growing 1.7 times faster than the industry Chandigarh: SBI General Insurance, one of India’s leading general insurance companies, today announced its financial results for FY25, marking a milestone as the company completes 15 years of operations. Continuing its robust growth trajectory, the company reported a Gross Written Premium (GWP) of INR 14,140 crores, recording a YOY growth of 11.1%. Excluding the impact of 1/n accounting norm, the GWP of the Company grew by 14.5% for FY25. SBI General Insurance has grown at 70% faster than the industry growth of 6.2%.  Profit…

Read More

24 Apr

Paytm Money Introduces Reduced Interest Rates and Revised Brokerage for Pay Later (MTF)

MFNewsBrands, Breaking News, Business, Opinions, Shares, Technology, Travel

#PaytmMoneyMTF Paytm to Drive Affordability and Accessibility for Investors Chandigarh: Paytm Money, a wholly-owned subsidiary of One97 Communications Limited (OCL) and a leading wealth-tech platform that simplifies wealth management and equity investments through a technology-first approach, has today announced new cost-effective interest rates and brokerage structure for its recently launched Pay Later (MTF - Margin Trading Facility) offering. With this, the platform hopes to drive affordability for both retail and high-value investors. The newly introduced slab-based interest rates, starting at 9.75% per annum (p.a.),  down from the current flat 14.99% p.a., are based on funding book size. The platform has…

Read More

23 Apr

BHIM Launches UPI Circle with Partial Delegation to Enable Secure Payments by Trusted Users

MFNewsBrands, Business, Health, Opinions, Shares, Technology, Travel

#BHIMUPICircle Users can delegate UPI access to five trusted contacts with real-time approval  Chandigarh: NPCI BHIM Services Limited (NBSL), a wholly owned subsidiary of the National Payments Corporation of India (NPCI), today announced the launch of UPI Circle with partial delegation on the BHIM payments app. It is designed to empower users by enabling them to delegate UPI transaction capabilities to trusted individuals with defined controls and complete transparency. UPI Circle allows a primary user, the UPI account holder, to authorise up to five secondary users to initiate UPI payments from their account. Each transaction initiated by the secondary user…

Read More

23 Apr

Mutual fund industry AAUM rises 21% in March despite monthly dip: Analytics

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Technology

#MFAAUMrises21percentinMarch New Delhi: Equity-oriented growth schemes continued to dominate with a 53.72% share of total AAUM, followed by debt-oriented schemes (15.06%) and liquid schemes (13.21%), ICRA Analytics said. The Indian mutual fund industry’s average assets under management (AAUM) grew 21.32% year-on-year in March 2025, according to ICRA Analytics. However, AAUM dipped 1.25% from February 2025, reflecting a short-term decline across most categories. Only Gold ETFs and Other ETFs posted positive monthly growth, rising 89.88% and 15.06% respectively. The fall in AAUM was broad-based, affecting most scheme categories. Equity-oriented growth schemes continued to dominate with a 53.72% share of total AAUM,…

Read More

23 Apr

NEW PRIVATE SUBSCRIBERS UNDER NPS CROSS 12 LAKH DURING 2024-25

MFNewsBrands, Breaking News, Mutual Funds, Opinions, Technology

#NPS12LAKHGrowth New Delhi: The National Pension System (NPS) has achieved significant growth of private sector subscriber enrolment of over 12 lakh during 2024-25, taking total subscriber number to over 165 lakh by March 2025. NPS Vatsalya , a scheme specifically designed for minors, introduced in September 2024 has registered over one lakh subscribers . The Assets Under Management (AUM) for both NPS and Atal Pension Yojana (APY) expanded by 23 percent during 2024-25 to Rs 14.43 lakh crore by end-March 2025.

Read More

23 Apr

Vedanta Biggest Wealth Creator Among Top 100 Nifty Cos

MFNewsBrands, Business, Opinions, Shares, Technology

#VedantaBiggestWealthCreator ·         Vedanta’s 87% Total Shareholder Return is the highest among Nifty 50 & Nifty Next 50 companies in FY25. Chandigarh: Natural resources giant Vedanta Limited delivered a total shareholder return (TSR) of 87% in fiscal year 2025, creating significant shareholder wealth. This is the highest among the Nifty 50 and Nifty Next 50 companies. Other companies in the top five include pharma major Divi’s Laboratories at 69%, Bajaj Holdings at 52%, Bharat Electronics at 51%, and Interglobe Aviation with a 44% TSR. TSR is the number derived by calculating the total change in stock price and any dividends received…

Read More