MFNews

1965 Posts
Cosmo First Announces Strategic Joint Venture in South Korea

Cosmo First Announces Strategic Joint Venture in South Korea

Partnership to take different B2B business verticals to the South Korean market #CosmoFirst #FilmaxCorporation #JointVenture #SouthKorea #GlobalExpansion #SpecialtyFilms #Chemicals #B2BPartnership #PackagingIndustry Chandigarh: Cosmo First Limited, a leading global conglomerate into multiple businesses (including Specialty/Consumer Films & Chemicals, Rigid Packaging, and Petcare) has entered a strategic 50-50 joint venture with Filmax Corporation, a renowned South Korean Films & Chemical Company with strong local market equity. The new entity is set to jointly introduce and scale multiple business verticals of Cosmo First into the South Korean market and take Filmax products into the global market through the former’s various global arms. Partnership…
Read More
IOL Chemicals Reports 56.7% YoY Profit Surge in Q2 FY26, Driven by Operational Efficiency and Non-Ibuprofen APIs

IOL Chemicals Reports 56.7% YoY Profit Surge in Q2 FY26, Driven by Operational Efficiency and Non-Ibuprofen APIs

#IOLChemicals #Q2Results #APIManufacturing #PharmaGrowth #EDQM #CEP #EBITDA #ProfitGrowth #SpecialtyChemicals Chandigarh: IOL Chemicals and Pharmaceuticals Ltd (IOLCP) has announced robust standalone financial results for the second quarter (Q2) of FY26, reporting a significant surge in profitability driven by improved operating leverage and a strategic focus on its diverse product portfolio. The company's Profit After Tax (PAT) soared by 56.7% year-on-year (YoY) to ₹30.0 Crore in Q2 FY26, up from ₹19.2 Crore in Q2 FY25. This strong bottom-line growth was supported by a 33.3% YoY jump in EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) to ₹64.0 Crore. 📈 Financial Performance Snapshot…
Read More
Good News: Teens can now sign themselves up on Uber

Good News: Teens can now sign themselves up on Uber

#UberIndia #UberTeens #FamilyTravel #TechForGood #SeniorsInTech #NewFeatures #RideHailing #DigitalIndia Chandigarh: Uber today announced that teens in India can now sign themselves up on the app by linking their accounts directly, making the process faster and more flexible for the use of its Uber Teens product in India. The update is part of a broader set of enhancements to Uber’s Teens and Family features, aimed at making travel safer, simpler, and more inclusive for families across generations. With this new self-onboarding process, teens gain the independence to manage their own Uber accounts while guardians retain full visibility and control. Uber has also extended…
Read More
RELIANCE CONSUMER PRODUCTS PARTNERS WITH AJITH KUMAR RACING

RELIANCE CONSUMER PRODUCTS PARTNERS WITH AJITH KUMAR RACING

#CampaEnergy #RCPL #RelianceConsumerProducts #AjithKumarRacing #MotorsportIndia #IndianTalent #Sponsorship #FMCG #AjithKumar #EnduranceRacing #MadeInIndia #GlobalAmbition #EnergyPartner #HindujaGroup #RelianceIndustries Bengaluru: Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited, has announced its partnership with Ajith Kumar Racing, one of India’s most promising motorsport teams. As part of this collaboration, Campa Energy, RCPL’s flagship energy drink brand, will serve as the Official Energy Partner of the team. Supporting Made-in-India initiatives is a core pillar of RCPL’s philosophy, and this partnership reinforces that commitment. It also reflects RCPL’s mission of offering best-quality global products at affordable prices, while fostering Indian talent and ambition…
Read More
Capillary Technologies Sets IPO Price Band at ₹549-₹577, Targets ₹877.5 Cr Public Issue

Capillary Technologies Sets IPO Price Band at ₹549-₹577, Targets ₹877.5 Cr Public Issue

#CapillaryTechnologies #IPO #SaaS #LoyaltyManagement #AI #FintechIndia #TrudyHoldings #OfferForSale #FreshIssue #PublicIssue #TechIPO #StockMarketIndia #InvestmentNews Chandigarh:  Capillary Technologies, a leading software product company specializing in Artificial Intelligence (AI)-based cloud-native Software-as-a-Service (SaaS) products for loyalty management, has set the price band for its Initial Public Offering (IPO) at ₹549 to ₹577 per equity share. The public issue, which aims to raise a total of ₹877.5 crore at the upper price band, will open for subscription on November 14, 2025, and close on November 18, 2025. IPO Structure: A Mix of Fresh Issue and OFS The total IPO size is split into two components:…
Read More
PGIM India Launches Multi Asset Allocation Fund: NFO Open to Diversify Portfolios

PGIM India Launches Multi Asset Allocation Fund: NFO Open to Diversify Portfolios

#PGIMIndiaMF #MultiAssetAllocationFund #MAAF #NFO #MutualFundsIndia #DynamicAssetAllocation #Diversification #Equity #Debt #Gold #Silver #REITs #InvITs #InvestmentStrategy #PersonalFinance #RiskAdjustedReturns Chandigarh – PGIM India Asset Management has announced the launch of a new open-ended scheme, the PGIM India Multi Asset Allocation Fund (MAAF). This fund is designed to provide investors with a single-window solution for diversification by dynamically investing across a wide spectrum of asset classes, aiming to deliver long-term capital appreciation while managing downside risk. The New Fund Offer (NFO) is currently open for subscription, having commenced on November 11 and will close on November 25, 2025. The scheme will be available for ongoing…
Read More
Ashok Leyland Q2 PBT up 23% at Rs 1083 Cr, Announces 100% interim dividend of Rs. 1/- per share

Ashok Leyland Q2 PBT up 23% at Rs 1083 Cr, Announces 100% interim dividend of Rs. 1/- per share

#AshokLeyland #Q2Results #RecordPAT #EBITDA #CommercialVehicles #MHCV #LCV #DividendAnnouncement #IndianAuto #HindujaGroup #SwitchMobility #MakeInIndia #ShareholderValue #FinancialResults #BusSegment PAT all-time high of Rs 771 Cr, EBITDA up at 12.1% Chandigarh: Ashok Leyland, the Indian flagship of the Hinduja Group, reported Profit (before exceptional items and tax) of Rs. 1,083 Cr for the quarter, growing at 23% over the same period last year (Rs 878 Cr). The EBITDA for the quarter was up at 12.1% (Rs. 1162 Cr) as against 11.6% (Rs. 1017 Cr) in the corresponding period last year. Both MHCV and LCV industry witnessed positive growth in Q2. Ashok Leyland volume in Q2…
Read More
Tenneco Clean Air India Secures Massive ₹1,080 Cr Anchor Book Ahead of ₹3,600 Cr IPO

Tenneco Clean Air India Secures Massive ₹1,080 Cr Anchor Book Ahead of ₹3,600 Cr IPO

#TennecoCleanAirIPO #AutoComponents #IPOIndia #AnchorInvestors #OfferForSale #CleanAirSolutions #Automotive #MakeInIndia #BSVI #EmissionNorms #StockMarket #MarketLeadership #InvestmentNews Mumbai – Tenneco Clean Air India, the US-based Tenneco Group-backed automotive component manufacturer, has commenced the public subscription phase of its ₹3,600 crore Initial Public Offering (IPO) today, following a highly successful anchor book placement. The company, a dominant player in India’s emission control and ride performance systems market, raised ₹1,080 crore from a diverse mix of 58 anchor investors on Tuesday, November 11. The IPO, which is structured entirely as an Offer-for-Sale (OFS) by the promoter, Tenneco Mauritius Holdings, will be open for public bidding from November…
Read More
PPFAS Mutual Fund Enters Large-Cap Arena with New Flagship Offering

PPFAS Mutual Fund Enters Large-Cap Arena with New Flagship Offering

#PPFAS #ParagParikhLargeCapFund #LargeCapFund #MutualFundsIndia #NewFundLaunch #NFO #ValueInvesting #IndianStockMarket #Nifty100 #GlobalExposure #FinancialNews #InvestmentStrategy #StockMarketIndia #WealthCreation #EquityInvesting Mumbai – In a move that signals both expansion and a renewed focus on core equity segments, PPFAS Mutual Fund, known for its distinct long-term, value-oriented investment philosophy, has announced the impending launch of a new scheme: the Parag Parikh Large Cap Fund (PPLCF). The fund house, which has successfully managed a compact product suite, anchored by its flagship ₹1.25 lakh crore (as of October 2025) Parag Parikh Flexi Cap Fund, is marking its entry into the highly competitive large-cap equity segment. The PPLCF will primarily…
Read More
KSSL Secures Major Underwater Systems Contract from Indian MoD

KSSL Secures Major Underwater Systems Contract from Indian MoD

#KalyaniStrategicSystems #KSSL #BharatForge #IndianNavy #IndianMoD #DefenceContracts #UnderwaterSystems #MakeInIndia #AatmanirbharBharat #DefenceNews #FastTrackProcurement #MaritimeSecurity #UnmannedSystems #DefenceTech #SecurityOfSeas Chandigarh – Kalyani Strategic Systems Ltd. (KSSL), a wholly-owned subsidiary of Bharat Forge Limited, has secured significant contracts from the Indian Ministry of Defence (MoD) valued at over ₹2,500 million (₹250 crores) for the supply of advanced underwater systems. The contracts, formally signed on November 10, 2025, mandate delivery within a year, aligning with the MoD's Fast Track procurement norms. This crucial timeline means the systems must be supplied by November 2026, underlining the urgent and mission-critical nature of the Indian Navy's requirements. KSSL has rapidly…
Read More