Technology Archives - Page 12 of 30

30 Mar

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

MFNewsBreaking News, Business, Mutual Funds, Shares, Technology

#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.

MFNewsBreaking 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…

29 Mar

Indian Railways Holds about 4.90 Lakh Hectares of Land as of March 2024

MFNewsBreaking News, Business, Opinions, Shares, Technology, Travel

#IndianRailways4.90LakhHectaresLand Surplus Railway Land Leased for Commercial Development While Retaining Ownership New Delhi: As on 31.03.2024, the total land in possession of Indian Railways is about 4.90 lakh hectares out of which 8812 Ha land has been leased for various purposes. This includes railway land leased/licensed for passenger facilities, cargo related facilities, commercial development, etc. Zone-wise details of total railway land, total leased land are as under: (Figures in hectares) Zonal Railway Total railway Land Total railway land leased/licensed Central 31,476 168 Eastern 21,082 469 East Central 33,644 2,437 East Coast 23,010 273 Northern 46,447 474 North Central 21,149 220…

29 Mar

Godrej Strengthens Mumbai’s Infrastructure with Sustainable Solutions for the Versova-Bandra Sea Link

MFNewsBusiness, Opinions, Technology, Travel

Chandigarh: The Construction business of Godrej Enterprises Group is playing a key role in strengthening Mumbai's intra-city transportation network, by manufacturing and supplying over 3,500 precast concrete sacrificial slabs for the Temporary Access Bridge (TAB) and 500 precast concrete tub components for sacrificial formwork. Each precast concrete sacrificial slab is designed to meet the high standards of strength and durability. This project reflects Godrej’s trusted expertise in delivering solutions for large-scale infrastructure that are innovative, and also sustainable. By integrating eco-friendly practices into core engineering processes, Godrej continues to help shape India’s urban future with sustainable choices that balance progress…

29 Mar

BOB with PM-Vidyalaxmi Scheme to provide financial support to meritorious students

MFNewsBusiness, Opinions, Technology

#BOBPMVidyalaxmi Chandigarh: Bank of Baroda (Bank), one of India’s leading public sector banks, today announced that it has gone live with the new Pradhan Mantri Vidyalaxmi (PM-Vidyalaxmi) Scheme to provide financial support to meritorious students. The PM-Vidyalaxmi Scheme is an initiative by the Government of India for students seeking financial assistance to pursue higher education and to ensure that financial constraints do not deprive the youth of India from pursuing quality higher education. Applicants can digitally apply for an education loan under the PM-Vidyalaxmi Scheme from Bank of Baroda through the PM-Vidyalaxmi portal. The Bank has 12 dedicated Education Loan…

29 Mar

Anil Agarwal joins the Ghibli Trend: A Nod to Innovation and Culture

MFNewsBusiness, Entertainment, Opinions, Shares, Technology

#AnilAgarwalGhibliTrend Chandigarh: Anil Agarwal, Chairman of Vedanta Ltd., has joined the viral Ghibli AI trend, standing alongside global visionaries like Elon Musk, Sam Altman, and Assam’s Hon’ble Chief Minister, Himanta Biswa Sarma. With this, he brings an Indian business powerhouse into the digital conversation. Vedanta has long embraced a forward-thinking, digital-first approach, integrating technology, innovation, and automation to enhance efficiency and drive operational excellence. Now, engaging with this AI-driven trend, Agarwal shared his experience, saying, "Today the youngsters in my office were trying a new feature on ChatGPT jisse Ghibli-style art banta hai. So, I asked them to make one…

29 Mar

Zigly launches 2 pet hospitals, opens 4 new stores; expects ARR to double in 1-2 years

MFNewsBrands, Business, Technology

#Zigly2pethospitals Chandigarh: Zigly, (Cosmo First Limited) India’s first tech-enabled omnichannel pet care brand is on an expansion spree to address the myriad pet care service demands across the country. The pet care brand has further launched four new stores thereby increasing its market presence in Northern and Southern India. Zigly has reported consistent month-on-month revenue growth, with a current ARR (net revenue) reaching approximately Rs 56 Cr (as of Dec 2024) and the Company is targeting to more than double it in the next 1-2 years. The new stores are at JP Nagar and Bel road at Bengaluru; Sector 35…

29 Mar

JIOSTAR SHATTERS VIEWERSHIP RECORDS ON A HISTORIC OPENING WEEKEND AS TATA IPL 2025 CELEBRATES ITS 18TH EDITION

MFNewsBrands, Business, Entertainment, Technology

#JIOSTARTATAIPL ● JioHotstar registers highest-ever reach for the opening weekend of TATA IPL with 137 crore views Chandigarh: In a record-breaking opening weekend, the 18th edition of TATA Indian Premier League (IPL) witnessed unprecedented viewership across JioHotstar and Star Sports Network. With a cumulative watch time of 4,956 crore minutes, JioStar Network has set new benchmarks, delivering an unparalleled cricketing experience across TV and digital platforms. On JioHotstar, digital viewership of the first 3 matches was 40% higher than last season, fueled by a 54% surge in CTV consumption. With 137 crore views, peak concurrency of 3.4 crore, and a…

29 Mar

STUDDS ACCESSORIES LIMITED FILES DRHP WITH SEBI

MFNewsBrands, Business, Mutual Funds, Opinions, Shares, Technology, Travel

#STUDDSACCESSORIESIPO Chandigarh: Studds Accessories Limited (“the Company”), the largest two-wheeler helmets player in India in terms of revenue in Fiscal 2023 and also the world’s largest two-wheeler helmet player by volume in Calendar Year 2024. (Source: CARE Report) has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”). The Company plans to raise funds through offer of equity share capital via initial public offering. The Public Offer comprises ‘Offer for Sale’ of up to 7,786,120 equity shares with face value Rs.5 each share. Studds Accessories design, manufacture, market and sell two-wheeler helmets…

29 Mar

Ashok Leyland Defence Business Secures Multiple Orders Worth ₹700 Crore

MFNewsBusiness, Opinions, Technology

#AshokLeyland₹700Crore Chandigarh: Ashok Leyland, the Indian flagship of the Hinduja Group, and the largest supplier of logistics vehicles to the Indian Army, today announced that its Defence business has won multiple orders valued more than Rs. 700 Cr. The vehicles to be supplied under these orders are to fulfil Defence sector needs of troop transportation, logistics, and other specialised mobility requirements under the Close-in Weapon Systems (CIWS) program. With these new orders, Ashok Leyland further solidifies its position as a leader in advanced land mobility solutions for the Armed and Paramilitary Forces. The recently awarded contracts encompass a diverse range of…