Blog - Page 110 of 202

04 Jul

🏦 RBI Moves to Boost Borrower Freedom: Bans Prepayment Charges on Floating‑Rate Loans from Jan 1, 2026

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#RBI #PrepaymentFree #FloatingRateLoans #DebtFreedom #BankingReform #BorrowerBenefit #HomeLoan #PersonalLoan #MSMELending #LoanTransparency New Delhi: In a major financial policy update, the Reserve Bank of India (RBI) has issued a comprehensive directive that will waive prepayment charges on all floating-rate loans initiated on or after January 1, 2026. The move empowers borrowers with greater freedom, transparency, and flexibility in managing their debt, while also fostering competitiveness among lenders. 🚀 What’s Changing? From January 1, 2026, any borrower with a floating-rate loan—whether a home loan, personal loan, or other variable‑rate credit from a bank or regulated entity—will no longer be charged any fee for full or partial prepayments.…

04 Jul

🏠 Bank of Baroda Reduces Home Loan Rate to 7.45% & Waives Processing Fees — Making Dreams Affordable! #HomeLoan #BOB #LoanGrowth

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#BankOfBaroda #HomeLoan #InterestRateCut #AffordableHousing #CreditGrowth #ZeroProcessingFee #LoanAffordability #MakeInIndia #RBI Chandigarh — Bank of Baroda, one of India’s premier public sector banks, has announced a further reduction in its home loan interest rate to an attractive 7.45% p.a., effective immediately, along with Nil (zero) processing fee on applications. This bold move is designed to enhance affordability, fuel credit growth, and support aspiring homeowners. 📉 From 8.00% to 7.45% — A Path of Progressive Affordability In June, Bank of Baroda had already reduced its home loan rate from 8.00% to 7.50% p.a., responding swiftly to the Reserve Bank of India’s policy rate cuts.…

04 Jul

⚙️ Steaming Ahead: Steamhouse India Files Confidential DRHP with SEBI for IPO | Revolutionizing Industrial Steam Supply

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#SteamhouseIndia #IPOAlert #SEBIFiling #GreenIndustry #IndustrialInnovation #MakeInIndia #WasteToSteam #IndustrialUtilities #SuratStartups Chandigarh: Steamhouse India, the Surat-based pioneer in centralized steam supply for industries, has filed a Confidential Draft Red Herring Prospectus (CDRHP) with the Securities and Exchange Board of India (SEBI) as it prepares for its much-anticipated Initial Public Offering (IPO). While the official IPO issue size hasn’t been disclosed in the public filing dated July 1, 2025, market insiders peg the expected raise between ₹500–700 crore. 🔧 India’s First Centralized Steam Supplier Founded in 2014 under the industrial legacy of the Sanjoo Group, Steamhouse India has emerged as a category creator…

04 Jul

🏖️ IHCL Signs New Vivanta Hotel in Anjuna, Goa – Strengthening Its Footprint in India’s Premier Beach Destination

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#IHCL #VivantaAnjuna #GoaHotels #IndianHotelsCompany #LuxuryTravelIndia #VivantaHotels #AnjunaVibes #IHCLExpansion Chandigarh – Indian Hotels Company (IHCL), India’s largest and most iconic hospitality company, has announced the signing of a new Vivanta-branded hotel in Anjuna, Goa. This upcoming greenfield project adds another milestone to IHCL’s robust portfolio in India’s most vibrant coastal state. Set in the heart of Anjuna, known for its eclectic culture, lively beaches, and thriving nightlife, the new hotel is designed to offer an immersive experience for today’s leisure travelers. 🌟 A Strategic Move in a High-Growth Market “IHCL has played a pioneering role in establishing Goa as a global tourism…

04 Jul

🆕 Godrej Enterprises Group Unveils HDH Wave 5: A New Standard in Luxury Door Handles for Design-Forward Indian Homes

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#GodrejHDHWave5 #LuxuryHardware #DesignForwardIndia #GodrejLocks #ArchitecturalSolutions #InteriorDesignIndia #SolidBrassHandles Chandigarh: Locks & Architectural Solutions, a key vertical of the Godrej Enterprises Group (GEG), has launched the HDH Wave 5 – a bold and refined collection of luxury solid brass door handles tailored for India's fast-evolving interior design landscape. Designed to serve the growing aspirations of design-conscious homeowners, architects, and interior consultants, the HDH Wave 5 range is a 100% brass decorative handle series, combining global design influences with robust Indian craftsmanship. This launch marks a major milestone in Godrej’s ongoing transformation into a design-first, premium brand. ✨ Inspired Design Meets Precision Engineering…

04 Jul

🌍 Nippon India Mutual Fund Launches MNC-Focused Scheme: Tapping Into Global Brands with Indian Roots

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🌍 Nippon India Mutual Fund Launches MNC-Focused Scheme: Tapping Into Global Brands with Indian Roots Chandigarh: Nippon India Mutual Fund, one of the largest asset management companies in the country, has announced the launch of the Nippon India MNC Fund—a thematic equity scheme focused on multinational companies (MNCs) with operations in or from India. The New Fund Offer (NFO) opened recently and will remain available for subscription until July 16, 2025. This open-ended equity scheme provides investors a unique opportunity to gain exposure to globally diversified businesses that benefit from strong corporate governance, global standards, and deep market penetration—both in…

04 Jul

🆕 NFO: TRUST Mutual Fund Launches Multi Cap Fund: A Diversified Strategy for Dynamic Equity Investing

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🆕 TRUST Mutual Fund Launches Multi Cap Fund: A Diversified Strategy for Dynamic Equity Investing #TRUSTMutualFund #MultiCapFund #EquityInvesting #MutualFundsIndia #TerminalValueInvesting #GARVModel #IndiaGrowthStory Chandigarh: TRUST Mutual Fund has announced the launch of the TRUSTMF Multi Cap Fund, a diversified, open-ended equity scheme designed to capture investment opportunities across large-cap, mid-cap, and small-cap stocks. The fund is strategically positioned to help investors participate in India's long-term economic growth through a balanced and research-driven equity portfolio. The New Fund Offer (NFO) is open from June 30, 2025, and will close on July 14, 2025. This scheme is benchmarked to the NIFTY 500 Multi…

04 Jul

🚘 BMW Group India Posts Record-Breaking H1 2025 Performance, Fueled by Electrification and Luxury Innovation

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#BMWIndia #MINIIndia #BMWMotorrad #LuxuryCars #ElectricMobility #BMWi7 #BMWiX1 #MINICountrymanE #BMWX1 Chandigarh: BMW Group India has accelerated to an all-time high in the first half of 2025, recording its highest-ever car deliveries between January and June 2025, driven by robust sales across both traditional and electric vehicle portfolios. With a total of 7,774 BMW and MINI cars sold, and 2,569 motorcycles delivered under the BMW Motorrad brand, the group is setting new benchmarks in the Indian luxury mobility space. This stellar growth represents a +10% year-on-year increase, underscoring the brand's resilience and adaptability amidst a dynamic market landscape. 📈 Unprecedented Sales Growth…

04 Jul

JM Financial Mutual Fund Launches JM Large and Mid Cap Fund: A Strategic Blend for Growth and Stability

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#JMFinancial #MutualFunds #LargeAndMidCap #NewFundOffer #EquityInvesting #GeeQModel Chandigarh: JM Financial Mutual Fund has launched its latest offering — the JM Large and Mid Cap Fund, an open-ended equity scheme that seeks to invest in a well-balanced mix of large-cap and mid-cap stocks. The New Fund Offer (NFO) opens for subscription on July 4, 2025, and closes on July 18, 2025. Investment Strategy: A Balanced Approach The JM Large and Mid Cap Fund is designed to offer investors the stability of large-cap companies — typically industry leaders with strong balance sheets — alongside the growth potential of mid-cap firms, which are often…

03 Jul

Reliance Retail Deepens Beauty Play with Strategic Investment in UK-Based FACEGYM

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#RelianceRetail #FACEGYMIndia #BeautyInnovation #TiraBeauty #FacialFitness #SkincareRevolution #WellnessIndia Mumbai: In a major move that underscores its aggressive push into the beauty and wellness space, Reliance Retail Ventures Limited (RRVL) has announced a strategic minority investment in FACEGYM, a UK-based pioneer in facial fitness and skin health. The investment not only signals Reliance’s continued diversification in the premium beauty category but also marks FACEGYM’s official entry into the Indian market. Founded by acclaimed beauty and wellness entrepreneur Inge Theron, FACEGYM has earned global acclaim for its non-invasive facial workout concept, combining advanced skincare products with high-energy massage techniques and muscle stimulation. With…