MFNews, Author at MFNews - Page 124 of 201

06 Jun

SEBI’s ESG Bond Framework, L&T announces India’s first Listed ESG Bond Deal in partnership with HSBC

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

#SEBIESGBond #LandTESGBondDeal #LandTHSBC Chandigarh: Larsen & Toubro (L&T) has announced a Rs 500 crore ESG bond issuance deal, becoming the first Indian corporate to do so under the Securities and Exchange Board of India’s (SEBI) newly introduced ESG and sustainability-linked bond framework. HSBC is acting as the sole lead arranger in this transaction. The issuance is compliant with SEBI’s regulatory framework announced on Thursday (5 June), which is designed to promote transparency, accountability, and alignment with international ESG standards. The framework outlines key requirements for issuers, including the disclosure of sustainability objectives, mandatory external assessments such as Second-Party Opinions (SPOs),…

06 Jun

NSE Sustainability Ratings and Analytics Ltd Launches ESG Ratings for Listed Companies

MFNewsBrands, Business, Health, Opinions, Shares, Technology

#NSE #NSESustainabilityRatings #NSEESGRatings Chandigarh: NSE Sustainability Ratings and Analytics Ltd announces the launch of its ESG ratings for listed companies, marking a significant milestone in advancing sustainable business practices in India. NSE Sustainability focuses on assessing Environmental, Social, and Governance (ESG) performance, providing stakeholders with vital information to make informed decisions. NSE Sustainability received its certificate of registration from the Securities and Exchange Board of India (SEBI) to operate as a Category I ESG Rating Provider (ERP). As a wholly owned subsidiary of NSE Indices Limited which in turn is a wholly owned subsidiary of National Stock Exchange of India…

06 Jun

SIF in India: Mirae Asset launches ‘Platinum SIF’ brand to offer Specialised Investment Funds for Investors

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

#SIFinIndiaMirae #MiraeAsset #MiraeAssetPlatinumSIF #PlatinumSIF Mumbai: Mirae Asset Investment Managers (India) has launched Platinum SIF, a new brand under Mirae Asset Mutual Fund aimed at offering Specialised Investment Funds (SIFs). The move marks a shift in the fund house’s approach to product innovation. The company plans to introduce differentiated investment strategies across equity, hybrid, and fixed income categories within the mutual fund structure. “With Platinum, we are laying the foundation for a new phase in our product journey,” said Swarup Anand Mohanty, Vice Chairman & CEO, Mirae Asset AMC. He added that the goal is to provide sharper, strategy-led approaches while ensuring…

06 Jun

Amazon announces 400 million litre water replenishment project in New Delhi

MFNewsBrands, Business, Health, Opinions, Technology, Travel

#Amazon #Amazon400millionlitrewaterreplenishment #AmazonNewDelhi First-ever Amazon New Delhi project benefits local communities with infrastructure rehabilitation and construction of new water-saving structures Chandigarh: Amazon is funding its first-ever water replenishment project in the Yamuna River watershed, upstream from New Delhi, tackling water scarcity and over-extraction of groundwater. This initiative adds to Amazon's growing portfolio of water conservation projects across India, which already includes major lake restoration efforts and community water solutions benefiting over 1 million people since 2020. The project is expected to replenish more than 400 million litres of water annually once completed, and will help Amazon make progress toward its…

06 Jun

Jio empowers more than 8 lakh premises with JioFiber and Jio AirFiber services across Punjab

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

#Jio #JioPunjab #JioPunjab8lakhJioFiber #JioAirFiberPunjab #JioAirFiber Chandigarh: Driving digital inclusion in the vast urban and rural areas across Punjab, Reliance Jio has connected more than 8 lakh houses and business premises in the state with high-speed broadband and world class home entertainment by rapidly expanding its JioFiber and Jio AirFiber services. As per the latest data released by TRAI, Reliance Jio’s 5G FWA service - JioAirFiber is leading with a huge market share of 86 % in Punjab. JioAirFiber has around 4 lakh subscribers in the state, while its competitor, a distant second, lags far behind with only around 65 thousand subscribers…

06 Jun

RBI MPC June 2025: Good news for borrowers as RBI cuts repo rate by 50 bps to 5.50%

MFNewsBreaking News, Business, Opinions, Shares

#RBI #RBIMPCJune2025 #RBIcutsrrby50bps New Delhi: Governor Sanjay Malhotra announced that the rate has been slashed the key repo rate by 50 bps from 5.75 per cent to 5.50 per cent. RBI Governor Sanjay Malhotra in his address said the monetary committee has agreed to cut rates by 50 basis points to 5.5% and have changed the stance to 'neutral' from accomodative. The Reserve Bank of India (RBI) is expected to lower the repo rate by 25 basis points (bps) at its Monetary Policy Committee (MPC) meeting today (June 6), according to a Media poll. The poll indicates that low inflation…

05 Jun

NRI Offer: Indian Bank launches NRE savings accounts and premium debit cards for NRIs

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

#NRIOffer #IndianBankNREsavingsaccounts #IBNREsavingsaccounts Chandigarh: Indian Bank has launched new NRE Savings Account variants and premium debit cards for Non-Resident Indians (NRIs). The new accounts cater to the evolving financial needs of NRIs. They come with high-end debit cards—IND D’Elite, IND Premium, and IND Plus. These cards offer benefits such as domestic and international airport lounge access, personal accident cover, and exclusive loyalty rewards. Indian Bank's MD and CEO Binod Kumar said the bank aims to deliver secure and convenient digital banking experiences for NRIs. “Our latest offerings strengthen our bond with the global Indian community,” he said. Indian Bank said…

05 Jun

NHAI Celebrates World Environment Day with Tree Plantation Drive in Amritsar

MFNewsBrands, Health

#NHAI #NHAIWorldEnvironmentDay #TreePlantationAmritsar 300 Trees Planted under “Ek Ped Maa Ke Naam 2.0” Initiative AMRITSAR: To mark World Environment Day, the National Highways Authority of India (NHAI), in partnership with its EPC contractor Joint Stock Company (JSC), organized a large-scale tree plantation drive in Amritsar. A total of 300 trees were planted under the 2025 national theme — “Ek Ped Maa Ke Naam 2.0” — an initiative encouraging citizens to plant trees in honour of Mother Earth, blending ecological responsibility with cultural reverence. The event was inaugurated by Shri Jatinder Singh Moti Bhatia, Honourable Mayor of Amritsar, who planted the…

05 Jun

TransUnion CIBIL and Sa-Dhan Partner to Launch Nationwide Credit Awareness Initiative

MFNewsBrands, Breaking News, Business, Opinions, Technology

#TransUnionCIBIL #SaDhan #NationwideCreditAwareness Chandigarh, 05 June 2025: TransUnion CIBIL, India’s pioneer information and insights company, has partnered with Sa-Dhan, a key self-regulatory organization (SRO) for microfinance institutions (MFIs), to launch a dedicated credit awareness initiative. Designed to strengthen credit literacy and prudent lending practices within the MFI ecosystem, it will support lenders and micro finance borrowers across India. This collaboration will empower MFIs with data-driven insights, tools, and training to enhance their credit assessment and monitoring capabilities, ultimately promoting financial inclusion and responsible lending. The initiative will also include multilingual digital content and community-driven outreach to ensure accessibility across regions.…

05 Jun

‘Council for Green Revolution’ lists on NSE Social Stock Exchange (NSE-SSE) on the eve of World Environment Day as the 14th listing and the first such in climate action space

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

#NSESocialStockExchange #NSESSE #NSEWorldEnvironmentDay Chandigarh: Council for Green Revolution, a Hyderabad-based Non-Profit Organisation (NPO), has successfully raised approx. Rs. 69 lakhs on the NSE-SSE platform and has listed on June 4, 2025, on the eve of the globally significant World Environment Day as the 14th project listing on its social stock exchange platform (NSE-SSE). This also represents the listing of the first project working for the environment and climate action. This project fund raising will support their "Young Youth Leadership Programme" enabling it to plant saplings, establish kitchen gardens and conduct climate education trainings with domain experts with an outreach and…