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SBI Life Insurance registers New Business Premium of Rs. 35,577 crores

SBI Life Insurance registers New Business Premium of Rs. 35,577 crores

#SBILifeNBP35577cr Chandigarh: SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of Rs. 35,577 crores for the year ended on 31st March, 2025 vis-a-vis Rs. 38,238 crores for the year ended March 31, 2024. Regular premium has increased by 11% over previous year ended on 31st March, 2024. Establishing a clear focus on protection, SBI Life’s protection new business premium stood at Rs. 4,095 crores for the year ended March 31, 2025. Protection Individual new business premium stands at Rs. 793 crores for the year ended March 31, 2025. Individual New Business…
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Style Meets Sound: Sony’s WH-CH720N and WH-CH520

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

#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…
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AIR INDIA RECEIVES GDP CERTIFICATION FOR CARGO BUSINESS

AIR INDIA RECEIVES GDP CERTIFICATION FOR CARGO BUSINESS

#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…
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360 ONE WAM enters into collaboration with UBS on wealth management

360 ONE WAM enters into collaboration with UBS on wealth management

#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…
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A Soulful Retreat Awaits at Club Mahindra Le Vintuna, Sikkim

A Soulful Retreat Awaits at Club Mahindra Le Vintuna, Sikkim

#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…
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NSDC and Rapido launch initiative to boost gig economy opportunities

NSDC and Rapido launch initiative to boost gig economy opportunities

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

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

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

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

#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…
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BHIM Launches UPI Circle with Partial Delegation to Enable Secure Payments by Trusted Users

BHIM Launches UPI Circle with Partial Delegation to Enable Secure Payments by Trusted Users

#BHIMUPICircle Users can delegate UPI access to five trusted contacts with real-time approval  Chandigarh: NPCI BHIM Services Limited (NBSL), a wholly owned subsidiary of the National Payments Corporation of India (NPCI), today announced the launch of UPI Circle with partial delegation on the BHIM payments app. It is designed to empower users by enabling them to delegate UPI transaction capabilities to trusted individuals with defined controls and complete transparency. UPI Circle allows a primary user, the UPI account holder, to authorise up to five secondary users to initiate UPI payments from their account. Each transaction initiated by the secondary user…
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Mutual fund industry AAUM rises 21% in March despite monthly dip: Analytics

Mutual fund industry AAUM rises 21% in March despite monthly dip: Analytics

#MFAAUMrises21percentinMarch New Delhi: Equity-oriented growth schemes continued to dominate with a 53.72% share of total AAUM, followed by debt-oriented schemes (15.06%) and liquid schemes (13.21%), ICRA Analytics said. The Indian mutual fund industry’s average assets under management (AAUM) grew 21.32% year-on-year in March 2025, according to ICRA Analytics. However, AAUM dipped 1.25% from February 2025, reflecting a short-term decline across most categories. Only Gold ETFs and Other ETFs posted positive monthly growth, rising 89.88% and 15.06% respectively. The fall in AAUM was broad-based, affecting most scheme categories. Equity-oriented growth schemes continued to dominate with a 53.72% share of total AAUM,…
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