Blog - Page 122 of 201

11 Jun

NFO: ICICI Prudential Mutual Fund Unveils Two New Funds Tracking Nifty Top 15 Equal Weight Index

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#NFO #ICICIPrudentialMutualFund #ICICIPRUNiftyTop15 #ICICIPRUEqualWeightIndexFund Mumbai: ICICI Prudential Mutual Fund has launched two new passive investment schemes — the ICICI Prudential Nifty Top 15 Equal Weight ETF and the ICICI Prudential Nifty Top 15 Equal Weight Index Fund — offering investors a unique opportunity to gain exposure to India's top-performing large-cap companies through a diversified, rules-based approach. The New Fund Offer (NFO) for both schemes opened on June 10 and will remain available until June 24, 2025. Equal Weight Strategy for Balanced Exposure Both funds track the Nifty Top 15 Equal Weight Total Return Index (TRI), which includes the top 15…

11 Jun

Mitsubishi Electric India launches CSR initiative to build a sustainable lake ecosystem

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#MitsubishiElectricIndia #MitsubishiElectricCSR #Mitsubishilakeecos #climateresilience Pune: On the occasion of World Environment Day, Mitsubishi Electric India, a recognized world leader in the manufacturing, marketing, and sales of electrical and electronic equipment, has launched a Corporate Social Responsibility (CSR) initiative in collaboration with Earthwatch Institute India. Focused on conserving waterbodies and the biodiversity surrounding them, the project is being implemented in the regions of Talegaon Dabhade, and Pimpri Chinchwad, near Pune. This initiative extends beyond waterbody conservation, it seeks to drive lasting change by fostering connections between people, nature, and education. Aligned with Mitsubishi Electric India’s commitment to the United Nations Sustainable Development…

11 Jun

Dabur Reaffirms Commitment to General Trade Partners

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#Dabur #DaburCommitedGeneralTrade #DaburPartnersPartners Mumbai: India’s leading Ayurvedic and Natural Health Care and FMCG Company Dabur India Limited today reiterated its unwavering commitment to the General Trade stockists, acknowledging them as the true backbone of its distribution ecosystem. This reaffirmation came during a meeting in Mumbai between Dabur India Limited Chief Executive Officer Mr. Mohit Malhotra and the All-India Consumer Products Distributors Federation (AICPDF), where both sides exchanged views on the evolving market landscape and strategies to tap the emerging opportunities. “Our General Trade stockist partners are not just channels of distribution, they are our growth partners, our frontline ambassadors, and the…

11 Jun

Business Cycle Funds: Riding the Economic Waves for Strategic Returns

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#BusinessCycleFunds #BandhanAMC #VishalBiraia #RidingEconomicWaves #StrategicReturns #BandhanAMCVishalBiraia Business Cycle Funds: Riding the Economic Waves for Strategic Returns - By Vishal Biraia, Vice President – Equity, Bandhan AMC Mumbai: In an increasingly dynamic economic environment, investors are seeking strategies that go beyond static allocations and offer the flexibility to adapt to changing conditions. One such approach gaining traction is the business cycle fund a category of equity mutual funds designed to align portfolio allocations with the different phases of the economic cycle. Unlike traditional equity funds that maintain a relatively fixed sector allocation, business cycle funds adopt a more proactive, top-down investment strategy.…

11 Jun

GIFT City: Tata Asset Management gets IFSCA nod to begin operations

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#GIFTCity #TataAssetManagement #TataAMCIFSCA Mumbai: Tata Asset Management Private has received regulatory approval from the International Financial Services Centres Authority (IFSCA) to start operations at GIFT City, Gujarat. The entity will operate as a Registered Fund Management Entity (Retail) under the IFSC framework. The approval enables Tata Asset Management to expand its global presence and offer a broader range of offshore investment products. The GIFT City branch will serve foreign nationals, NRIs, family offices, government entities, and institutional investors. The move also opens up opportunities for outbound investments by Indian investors under the Liberalised Remittance Scheme (LRS). The company aims to…

11 Jun

NFO: Star Union Dai-ichi Life with Policybazaar to offer SUD Life NIFTY Alpha 50 Index Pension Fund

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#NFO #StarUnionDaiichiLife #Policybazaar #SUDLifeNIFTYFund #StarUniDaiPensionFund #Alpha50IndexPensionFund #PensionFund Chandigarh: Star Union Dai-ichi Life Insurance Co. Ltd. (SUD Life) has partnered with Policybazaar to offer SUD Life NIFTY Alpha 50 Index Pension Fund, a new, high-potential equity fund designed for its ULIP Pension product, SUD Life Pension Plus. This innovative fund is set to empower customers by offering a strategic avenue for long-term wealth creation, aiming to deliver superior returns that can significantly bolster their retirement savings and help build a more resilient financial future. SUD Life NIFTY Alpha 50 Index Pension Fund brings a focused approach to long-term wealth creation by…

11 Jun

Uber Reserve bookings nearly triple on year as more Indians use journey planning option

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#Uber #UberReservebookings #UberRBtriple #UberIndia Chandigarh: Uber today released key 2024 trends for Uber Reserve, its pre-scheduled ride option, showing a sharp rise in usage across Indian cities as more riders explore the advance-travel-booking feature. With bookings growing close to 200% year-on-year, Reserve is becoming the preferred choice for riders looking for reliability, especially for odd-hour airport trips, festival travel, and business commutes. Nearly one in four airport drop-offs now happen via Reserve, showing growing demand for certainty when timing matters most, with Delhi, Bangalore, Mumbai, Hyderabad, and Chennai leading in usage. Airport drop-offs were the primary use case for Reserve…

11 Jun

TANISHQ HONOURED WITH DIAMONDS DO GOOD AWARD FOR EXEMPLARY PURPOSE-DRIVEN LEADERSHIP

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#TANISHQ #TANISHQDIAMONDSDOGOODAWARD #DIAMONDSDOGOODAWARD #TANISHQLEADERSHIP The prestigious award recognizes Tanishq & Mia by Tanishq’s leadership in ethical sourcing, community upliftment, and sustainability in the natural diamond industry Chandigarh: Tanishq and Mia by Tanishq, leading jewellery brands from the House of Tata, are proud to be honored with the Diamonds Do Good Purpose-Driven Business Leadership Award at the prestigious Diamonds Do Good Awards 2025, held in Las Vegas. The award was received by Mr. Ajoy Chawla, CEO, Jewellery Division, Titan Company Ltd on behalf of Tanishq and Mia by Tanishq. The award acknowledges the brands’ exemplary leadership in embedding ethics, sustainability, and community…

10 Jun

Tata Power’s TP Solar Limited crosses 4 GW of solar module production

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#TataPower #TPSolarcrosses4GW #TPsolarmodule #TOSOLARTamilNadu Chandigarh: TP Solar Limited, a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) and the manufacturing arm of The Tata Power Company Limited (Tata Power), today announced that it has crossed 4 GW solar module manufacturing at its Tamil Nadu plant. The plant has cumulatively produced 4049 MW of solar modules and 1441 MW of solar cells upto 31st May’2025. With a strategic focus on scaling up production, the Company is targeting 3.7 GW of solar cell output and 3.725 GW of module production in FY26, further solidifying its commitment to supporting India’s clean energy transition. Strategically built to comply with Domestic…

10 Jun

DFCC Bank becomes the First Foreign Corporate Green Bond to list on NSE International Exchange in GIFT IFSC

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#DFCCBankPLC #SriLanka #CorporateGreenBond #NSEInternationalExchange #GIFTIFSC Chandigarh: NSEIX welcomed the team of DFCC Bank PLC, Sri Lanka lead by Mr. Thimal Perera Chief Executive Officer and Mr.Prins Perera Senior Vice President Treasury and Investment Banking in GIFT IFSC on June 9, 2025 to ring the bell to celebrate the listing of foreign currency green bonds of LKR 2.5 Billion Green bonds , which are Sri Lanka’s first capital market debt instrument dedicated to renewable energy. Its primary focus is to fund solar energy projects in support of Sri Lanka’s goal of achieving 70% electricity generation from renewable energy by 2030. These instruments…