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25 Apr

Style Meets Sound: Sony’s WH-CH720N and WH-CH520

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#SonyWHCH520Pink now available in a stunning Pink colour Chandigarh: Sony India today announced a new colour variant, pink, for its popular wireless headphones range WH-CH520 and WH-CH720N to cater to a wider variety of personal styles. Designed for fashion-conscious, trendy listeners, the vibrant shade imparts a fresh perspective to Sony’s audio portfolio, representing a bold statement for users who perceive gadgets as an extension of their persona. The WH-CH520 headphones are now available in blue, beige, white, black and the newly added pink variant. Similarly, the WH-CH720N headphones, originally offered in black, white, and blue are now also available in a…

24 Apr

Gold has given over 35% returns since last Akshaya Tritiya

MFNewsBreaking News, Business, Mutual Funds, Opinions

#Goldat1lakhreturnhigh Prices have touched the symbolic ₹1 lakh mark for 24K gold per 10 grams New Delhi: Gold has rewarded those who invested last Akshaya Tritiya with substantial gains. But with prices at record highs and volatility lurking, experts recommend a measured approach—whether you're looking to sell or buy. If you bought gold on Akshaya Tritiya in 2024, you’re likely sitting on over 35% gain today. According to Puja Singh, CEO of Manipal Fintech, 10 grams of gold bought around ₹73,000 last year is now valued at nearly ₹1 lakh. “The rally has been impressive, outperforming most other asset classes,”…

24 Apr

Axis Bank reporting annual net profit of Rs. 26,373 crores, up 6% YOY

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#AxisBanknetprofit26373crores CASA growth of 10% QOQ and total deposits growth of 7% QOQ Chandigarh: Axis Bank, announced its Q4FY25 and annual results today, reporting annual net profit of Rs. 26,373 crores, up 6% YOY as compared to profit of Rs. 24,861 crores in FY24. The Bank’s Net Interest Income (NII) grew 6% YOY to Rs 13,811 crores. Net Interest Margin (NIM) for Q4FY25 stood at 3.97% and grew 4 bps QOQ. CASA grew 10% QOQ with CASA ratio at 38% QAB basis. As on 31st March 2025, the Bank’s reported Gross NPA and Net NPA levels were 1.28% and 0.33% respectively as…

24 Apr

AIR INDIA RECEIVES GDP CERTIFICATION FOR CARGO BUSINESS

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#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…

24 Apr

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

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#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…

24 Apr

360 ONE WAM enters into collaboration with UBS on wealth management

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#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…

24 Apr

A Soulful Retreat Awaits at Club Mahindra Le Vintuna, Sikkim

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#ClubMahindraLeVintunaSikkim Chandigarh: Situated amidst breath-taking landscapes, Club Mahindra Le Vintuna offers a peaceful getaway where nature perfectly blends with comfort. The resort is an idyllic retreat for travelers seeking relaxation, natural beauty, and majestic mountain views. Conveniently accessible, it is well-connected via Bagdogra Airport, Pakyong Airport and New Jalpaiguri Railway Station, ensuring a seamless journey. Nearby Club Mahindra properties like Royal Demazong Gangtok and Baiguney make it a perfect stop for an extended holiday. The resort boasts 97 elegantly designed rooms— including 55 Hotel Units (HU), 21 Studio Rooms, and 21 One-Bedroom Units—each thoughtfully appointed with modern comforts like…

24 Apr

NSDC and Rapido launch initiative to boost gig economy opportunities

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#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…

24 Apr

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

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#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…

24 Apr

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

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#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…