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10 Jun

The Wealth Company Launches ₹2000 Cr Bharat Bhoomi Fund to Capture India’s Real Estate Potential

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Technology

#TheWealthCompany #TWC2000CrBharatBhoomiFund #BharatBhoomiFund Fund For India’s Real Estate Potential Chandigarh: The Wealth Company Asset Management Private Limited, part of the Pantomath Group, has launched Bharat Bhoomi Fund—a ₹1000 crore Category II AIF with a ₹1000 crore green shoe option—under its fifth Bharat Value Fund series. The Fund brings private equity-style rigor to India’s growing real estate sector, with a focused approach on execution-ready projects across high-opportunity corridors and core cities. Bharat Bhoomi Fund marks a thoughtful expansion of The Wealth Company’s investment canvas—rooted in the same value-driven philosophy that defines the rest of its approach. Building on the strong foundation and…

10 Jun

Patented Natural Cure for Chronic Fungal Infections Launch Ethniq’s Skin Revive

MFNewsBrands, Health, Travel

#PatentedNaturalCure #EthniqCareSkinRevive #EthniqCareSkinRevive #FungalInfectionsSkinRevive Chandigarh: As India enters peak season for fungal infections, a breakthrough in natural medicine is making headlines: Skin Revive, a patented, steroid-free cure for chronic fungal skin infections, developed by Ethniq- a next-generation wellness brand blending food-based tradition with scientific validation. The innovation comes at a crucial time. According to the Indian Association of Dermatologists, Venereologists and Leprologists (IADVL), fungal infections such as dermatophytosis affect up to 61% of the population in some Indian states, with cases surging during the humid monsoon months. Skin Revive took a different path. The formula, granted patent in India…

10 Jun

AIR INDIA EXTENDS SELF CHECK-IN & BAGGAGE DROP FACILITIES TO DESTINATIONS IN EU, UK, CANADA

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#AIRINDIA #AirIndiaSELFCHECKIN #AirIndiaBAGGAGEDROP #AirIndiaEUUKCANADA · Initiative to benefit passengers flying to all airports in the UK, Europe, USA, Canada, Australia from India; more international airports to be added shortly Chandigarh: Air India has rolled out an integrated self-check-in and baggage-drop service for its passengers flying from India to all destinations operated by the airline in Europe, the UK and Canada. Air India was the first airline to have introduced this service from India to international destinations in the US and Australia, besides airports in the domestic network. Air India is now extending the facility to a total of 19 airports…

10 Jun

NFO: Artha Bharat launches US-focused hedge fund for NRIs from GIFT City

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#ArthaBharat #ArthaBharatUShedgefund #ArthaBharatFundNRI #GIFTCity Chandigarh: Artha Bharat Investment Managers IFSC LLP, one of the largest fund management entities operating from GIFT City, announced the launch of the Artha Global Multiplier Fund, a long/short hedge fund aimed at providing Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs), Persons of Indian Origin (PIOs), and foreign investors with structured exposure to US equity markets. The fund, registered under the International Financial Services Centres Authority (IFSCA), is among the first offshore-dedicated investment vehicles to be launched and managed from GIFT City by an IFSCA-regulated Fund Management Entity. “As one of the largest GIFT city…

09 Jun

Gold Rush: 3.4 MT of smuggled gold refined, handed to RBI

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#GoldRush #34QsmuggledgoldtoRBI #RBI #GoldtoRBI New Delhi: Finance Minister Nirmala Sitharaman on June 9 said that as much as 3.4 metric tonnes of gold confiscated through smuggling was refined by the Security Printing and Minting Corporation of India Limited (SPMCIL) and subsequently handed over to the Reserve Bank of India (RBI) in 2024–25. GoI seized 4,869 kg of smuggled gold in 2023–24, with the Myanmar border emerging as a major trafficking route. “In 2024–25, 3.4 metric tonne [MT] of such gold was delivered to RBI,” Sitharaman said, while inaugurating the new corporate headquarters of SPMCIL in New Delhi. "All gold confiscated through…

09 Jun

Bajaj Allianz Life Achieves 99.29% Claim Settlement Ratio in FY 2024-25

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#BajajAllianzLife #BajajAllianzLife99CSRatio Chandigarh: Bajaj Allianz Life Insurance, one of India’s leading private life insurers, achieved an individual death Claim Settlement Ratio (CSR) of 99.29% in FY 2024–25. During the year, the Company settled 13,994 individual life insurance claims, disbursing ₹ 862.79 crores in claim payouts. This milestone underscores Bajaj Allianz Life’s continued commitment to being there for its customers’ families when it matters the most. By ensuring a swift, transparent, and reassuring claims experience, the Company helps policyholders’ Life Goals stay on track—even in the most difficult times. Bajaj Allianz Life continues to strengthen its claims process to make it more…

09 Jun

Poonawalla Fincorp Launches Industry-First 24/7 Fully Digital Business Loans for MSMEs

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#PoonawallaFincorp #PoonawallaFinDigiLoansMSMEs #DigitalLoansforMSMEs Chandigarh: Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group-promoted NBFC focused on consumer and MSME lending, today announced the launch of Business Loan 24/7, an industry-first digital loan solution backed by a pioneering digital risk assessment model tailored for micro, small, and medium enterprises (MSMEs). This innovative offering provides instant approval with a risk-first approach and flexible repayment options. Designed to address the credit needs of MSMEs with speed, convenience, and simplicity, Business Loan 24/7 offers a fully digital onboarding and approval journey through a Straight Through Processing (STP) model. This eliminates the need for branch visits…

09 Jun

JioBlackRock AM Launches Exclusive Early Access Initiative, Introduces Website and Leadership Team

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#JioBlackRockAM #JioBlackRockEarly #JioBlackRockWebsite Introduces and showcases a preview of the business proposition, providing valuable insights for investor education and engagement. Mumbai: Jio BlackRock Asset Management Private Limited (JioBlackRock Asset Management), a 50:50 joint venture between Jio Financial Services Limited (JFSL) [BSE, NSE: JIOFIN] and BlackRock* [NYSE: BLK], announces the appointment of its executive leadership team and the launch of its website along with an exclusive early access initiative. JioBlackRock Asset Management’s leadership team brings together asset management experience, digital innovation and customer-centric product design. Together, the team is set to deliver JioBlackRock’s mission to transform investing in India by making it…

09 Jun

NFO: Baroda BNP Paribas MF launches Healthcare and Wellness Fund, Close on 23 June

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#NFO #BarodaBNPParibasMF #BarodaBNPParibasHealthcareFund #BarodaBNPParibasHealthcareWellnessFund Chandigarh: Baroda BNP Paribas Asset Management India has launched a new thematic equity scheme—Baroda BNP Paribas Health and Wellness Fund. The New Fund Offer (NFO) opened for subscription on June 9, 2025, and will close on June 23, 2025. The open-ended equity scheme aims to tap into the growing demand for healthcare and wellness—both in India and globally. The fund will invest in companies that stand to benefit from long-term structural growth in these sectors. According to the fund house, India’s healthcare sector is at an inflection point. Per capita healthcare expenditure remains low compared…

09 Jun

New Stock: Lenskart converts to public entity ahead of potential $1-billion IPO

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#Lenskart #Lenskart1billionUSDIPO #LenskartIPO Mumbai: Indian Global Eyewear retailer Lenskart has officially become a public company, a key milestone as the Gurugram-based company prepares to launch its initial public offering (IPO). The company’s board passed a special resolution to change its name from Lenskart Solutions Private Limited to Lenskart Solutions Limited during an extraordinary general meeting on May 30. The move signals Lenskart’s intent to list on one or more Indian stock exchanges, though the company has not yet disclosed the size or the timing of the issue. In its filing, Lenskart said the name change would allow it to proceed…