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05 Jun

NFO: Nippon India Mutual Fund launches Income Plus Arbitrage and Active FoF

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#NFONipponIndiaMF #NipponIndiaMFIncomePlusFund #NFONipponIndiaMFArbitrageActiveFoF #NFONipponIndiaMFFOF Chandigarh: This new scheme seeks to generate returns by combining two investment styles—arbitrage and active debt management—under one hybrid strategy. Nippon India Mutual Fund has announced the launch of the Nippon India Income Plus – Arbitrage and Active FoF (Fund of Fund). This new scheme seeks to generate returns by combining two investment styles—arbitrage and active debt management—under one hybrid strategy. The Income Plus – Arbitrage and Active FoF will follow a multi-asset allocation strategy by investing in two other existing Nippon India schemes: The asset allocation will typically hover around 65–90% in arbitrage opportunities and 10–35% in…

05 Jun

Poonawalla Fincorp and IDP Education Partner for Education Loans with Instant Sanctions

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#PoonawallaFincorp #PoonawallaFincorpIDPEducation Chandigarh: Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group promoted NBFC, has entered into a strategic partnership with IDP Education, a global leader in international education services, to bridge the financial gap in overseas education with speed, trust, and scale. It aims to enable students to avail fully digital education loans covering their cost of education. By applying through IDP Education, students can access funds faster for tuition fees, travel, and living expenses, without long waiting periods. IDP Education, which facilitates the enrollment of over a lakh Indian student into leading universities across Australia, the US, the UK…

05 Jun

AIR INDIA TO OPERATE NON-STOP FLIGHTS BETWEEN DELHI AND MANILA FROM 01 OCTOBER

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#AIRINDIA #AIRINDIADELHIMANILA #AIRINDIANONSTOPDELHIMANILA · 5x weekly Delhi-Manila flights on Air India’s A321neo Chandigarh: Air India, India’s leading global airline, today announced the launch of non-stop flights between Delhi and Manila, the capital city of the Philippines, starting 01 October 2025. With the launch of this new route, Air India becomes the only carrier to operate non-stop flights between India and the Philippines, offering seamless connectivity through its Delhi hub and boosting tourism, trade, and cultural exchanges between the two countries. Air India’s service to Manila will operate five days a week – on Mondays, Wednesdays, Thursdays, Saturdays, and Sundays – using…

05 Jun

vivo V50e Launched with Vi: Exclusive Bundle to offer 17 OTT Subscriptions and high-speed Vi 5G experience

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#vivoV50e #vivoV50eoffer17OTT #VivoVi5G Chandigarh: Vi, a leading telecom operator, and vivo India, the innovative global smartphone brand, partner around the newly launched vivo V50e 5G to offer Vi users an exclusive bundled plan. This plan brings together Vi’s high-speed 5G connectivity and a 12-month subscription of Vi Movies & TV, delivering a seamless digital and entertainment experience. The bundled plan is available to customers who purchase the vivo V50e 5G till June 30, 2025*. Users can activate the offer by inserting a Vi prepaid SIM into the device and recharging with a specially curated INR1,197 plan, valid for 84…

05 Jun

Decathlon India Leads the Way: First in Sports Retail to Embed Circularity into Core Business

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#DecathlonIndia #DecathlonIndiaBuyBack Retail giant aligns with Mission LiFE and moves to circular sales; reduces gear waste in 2025 Mumbai, India: Decathlon, the leading global multi-specialist sports brand, today announced the launch of its circular business model in India, furthering its global commitment to sustainability, waste reduction and a regenerative business. Through circular models such as repair, buyback, resale, and DIY spares, Decathlon is set to triple its circular turnover by 2027, a projected 200% growth compared to 2024. With this pioneering step, Decathlon becomes the first sports retailer in India to embed circularity at scale. Decathlon’s circular business model in…

04 Jun

NFO: Motilal Oswal MF launches India’s first BSE 1000 Index Fund Open Today

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#NFOMOFM #MotilalOswalMF #MOMFBSE1000IndexFund Chandigarh: Motilal Oswal Mutual Fund has launched the Motilal Oswal BSE 1000 Index Fund, India’s first index fund tracking the BSE 1000 Total Return Index. The new fund offer (NFO) will open on June 5 and close on June 19, 2025. The fund is an open-ended scheme designed to replicate the performance of the BSE 1000 Total Return Index, which includes the top 1,000 listed companies across large, mid, small, and micro-cap segments, representing around 94% of India’s listed market capitalisation. The fund aims to offer broad diversification across 22 sectors, with the top 10 stocks capped…

04 Jun

NFO: Emkay Investment Managers launches SMID Cap Growth Engine Fund

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#NFOEmkayInvestment #EmkaySMIDCapGrowthEngineFund #SMIDCapGrowthEngineFund Chandigarh: The fund will build a diversified equity portfolio comprising listed equities and related instruments, benchmarked against the S&P BSE 500 Total Returns Index (TRI). It is intended for investors with a 2–3 year investment horizon. Emkay Investment Managers, the asset management arm of Emkay Global Financial Services, has announced the launch of its latest investment offering, the ‘Emkay SMID Cap Growth Engine Fund’. The open-ended fund will be available under both Alternative Investment Fund (AIF) and Portfolio Management Services (PMS) routes, with the asset manager targeting an asset under management (AUM) of ₹500–1,000 crore in FY26.…

04 Jun

360 ONE Asset Invests INR 170 cr in Paras Healthcare, Reinforcing Its Commitment to Transformative Healthcare in India

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#360ONE #360ONEInvests170crParasHealthcare · This marks 360 ONE Asset’s seventh investment in the Indian healthcare services segment through its funds Chandigarh: 360 ONE Asset, a wholly-owned subsidiary of 360 ONE WAM, has completed an investment of INR 170.60 crore in Paras Healthcare, a leading multispecialty hospital chain in North India. The transaction includes both primary capital infusion and a secondary component, including a partial exit by an existing investor. Founded by Dr. Dharminder Nagar, a seasoned entrepreneur with deep expertise in healthcare delivery, Paras Healthcare operates more than 2,000 beds across eight hospitals in Tier 1 and Tier 2 cities in…

04 Jun

NFO: DSP Mutual Fund launches two new index schemes, Open upto 16 June

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#NFODSPMutualFund #DSPMFindexfunds Chandigarh: DSP Mutual Fund has launched two new index funds: the DSP Nifty IT Index Fund and the DSP Nifty Healthcare Index Fund. These funds aim to help investors gain exposure to sectors that historically show resilience during market volatility. Both funds are designed to track their respective indices. The IT fund will invest in the top 10 IT companies by free float market cap. The healthcare fund will invest in the top 20 healthcare companies. The New Fund Offer (NFO) period is open till June 16, 2025. IT and healthcare are known as defensive sectors. They tend…

04 Jun

GATEWAY FORAYS INTO MCLEODGANJ, HIMACHAL PRADESH

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#GATEWAY #GATEWAYMCLEODGANJ #GATEWAYHIMACHAL Chandigarh: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a Gateway hotel in McLeodganj, Himachal Pradesh. This is a brownfield project. Ms. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “This signing is in line with IHCL’s strategy of strengthening its presence in Himachal Pradesh across key leisure destinations like Shimla, Manali, Dharamshala, Naldhera, and Sirmaur among others. McLeodganj with its cultural richness is attracting both domestic and international tourists. We are delighted to partner with Mcleo Times Square for this project.” The 65-key Gateway McLeodganj, Himachal Pradesh is strategically…