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Bank of India is celebrating the 10th anniversary of the launch of PMMY

Bank of India is celebrating the 10th anniversary of the launch of PMMY

#PMantriMudraYojana Chandigarh: The Pradhan Mantri Mudra Yojana (PMMY) has completed 10 years on April 08,2025. The scheme has been instrumental in transforming the MSME financing landscape in India. Over the past decade, PMMY has played a vital role in terms of access to credit for micro enterprises. The scheme’s tiered structure—Shishu, Kishore, and Tarun— has enabled the Bank to disburse affordable, collateral-free loans to entrepreneurs. PMMY has significantly expanded our bank’s outreach to the micro-enterprise segment. During the first five years of the scheme, we disbursed credit facilities aggregating to Rs. 18,923 crores to 11,59,636 borrowers under the scheme. Cumulative…
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Mahindra Last Mile Mobility is India’s No.1 electric commercial vehicle manufacturer in FY25

Mahindra Last Mile Mobility is India’s No.1 electric commercial vehicle manufacturer in FY25

Chandigarh: Mahindra Last Mile Mobility Limited (MLMML), India's leading commercial electric vehicle (EV) manufacturer, has reaffirmed its market dominance in FY25 – the fourth time in a row. With its flagship brands Treo and Zor Grand, MLMML has driven electrification in the L5 category, contributing to a significant 24.2% EV penetration in the segment. This marks a substantial increase from 16.9% EV penetration in FY24. MLMML's market share in the L5 category stands at an impressive 37.3%, despite stiff competition from legacy players and new entrants. The company has achieved notable milestones, including: - Becoming the first to sell over…
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TAJ SAMUDRA, COLOMBO WELCOMES HON’BLE PRIME MINISTER SHRI NARENDRA MODI

TAJ SAMUDRA, COLOMBO WELCOMES HON’BLE PRIME MINISTER SHRI NARENDRA MODI

#TAJSAMUDRACOLOMBOPMMODI Chandigarh: Taj Samudra, Colombo, had the honour of welcoming the Hon’ble Prime Minister of India, Shri Narendra Modi, during his recent visit to Sri Lanka. This visit marks a momentous milestone for Taj Samudra, further solidifying its role as a symbol of Indian hospitality in Sri Lanka. Set against the backdrop of the iconic Galle Face Green, Taj Samudra boasts breath-taking views of the mesmerizing Indian Ocean and the vibrant cityscape of Colombo. The Prime Minister was warmly received by the hotel’s leadership and associates, who came together to extend their heartfelt hospitality. During the visit, Prime Minister Modi…
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Spinny Post Q1 2025: Digital Transactions, Women Buyers, and Automatic Cars are Shaping India’s Growing Used Car Market

Spinny Post Q1 2025: Digital Transactions, Women Buyers, and Automatic Cars are Shaping India’s Growing Used Car Market

Spinny Post Q1 2025: Digital Transactions Chandigarh: As India’s urban expansion continues and mobility needs evolve, car ownership remains the preferred solution for millions of Indians. Spinny, the country’s leading full-stack used car platform, has released its Q1 2025 report, revealing significant shifts in the pre-owned car market. The report highlights the dominance of digital-first transactions, value-added services, rising demand for automatic cars, and the growing influence of women buyers, all pointing to a transformation in how Indians approach car ownership. Additionally, the report identifies Bengaluru, Hyderabad, and Delhi as the top car-buying cities, reflecting the strong demand in these…
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IPO: boAt files draft papers via confidential pre-filing route for Rs 2,000 Cr

IPO: boAt files draft papers via confidential pre-filing route for Rs 2,000 Cr

#IPOboAt2000cr Mumbai: Established in 2013 by Aman Gupta and Sameer Mehta, Imagine Marketing offers a product portfolio ranging from audio gear and smart wearables to personal grooming products and mobile accessories. Established in 2013 by Aman Gupta and Sameer Mehta, Imagine Marketing offers a product portfolio ranging from audio gear and smart wearables to personal grooming products and mobile accessories. Imagine Marketing Ltd, the parent firm of electronics and lifestyle brand boAt, on April 8 announced it has filed draft papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) via a confidential pre-filing…
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Integration of ION Mobility’s assets and IP for TVS Motor’s EV footprint in SE Asian markets

Integration of ION Mobility’s assets and IP for TVS Motor’s EV footprint in SE Asian markets

#TVSMotorEV Chandigarh: TVS Motor Company (TVSM), a leading global manufacturer of two and three-wheelers, is set to strengthen its electric vehicle (EV) presence in Southeast Asia through the integration of ION Mobility’s assets, intellectual property, and talent into its operations. Southeast Asia represents one of the world’s fastest-growing regions for motorbike usage, offering a significant opportunity for expansion. TVSM has been a strategic investor in ION Mobility, a full-stack EV company known for its robust in-house capabilities across industrial and product design, mechanical and electrical engineering, embedded and power electronics, firmware, software, and supply chain solutions. This integration, combined with…
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Vi 5G Goes Live at Maharaja Yadavindra Singh Cricket Stadium, Chandigarh

Vi 5G Goes Live at Maharaja Yadavindra Singh Cricket Stadium, Chandigarh

#Vi5GChandigarh Spectators can enjoy unlimited high-speed Vi 5G free of cost Chandigarh: As the T20 cricket fever grips the nation, Vi has brought its 5G services to the Maharaja Yadavindra Singh Cricket Stadium, Chandigarh. Ensuring that cricket lovers in the Chandigarh can experience ultra-fast speeds while soaking in live cricket action, Vi has strengthened its network infrastructure to provide seamless 5G connectivity at the stadium. To ensure high-speed connectivity to the thousands of spectators gathering at Chandigarh Cricket Stadium for live action, Vi has deployed additional 5G network sites and strengthened its network with technologies like BTS and Massive MIMO.…
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HDFC Mutual Fund’s New ad-film under its flagship campaign ‘Zindagi Ke Liye SIP’

HDFC Mutual Fund’s New ad-film under its flagship campaign ‘Zindagi Ke Liye SIP’

#HDFCMFZindagiKeLiyeSIP Mumbai: HDFC Asset Management, investment manager to HDFC Mutual Fund (HDFC MF), today announced the launch of new communication under its flagship campaign, ‘Zindagi Ke Liye SIP'. As part of the investor education and awareness initiatives undertaken by the fund house, the campaign aims to address the concerns of hesitant investors by making them realise that they are already playing the role of investors in their life and highlights the importance of consistent, small investments through SIPs (Systematic Investment Plans). The campaign draws a parallel between how each one of us is an investor by virtue of our daily…
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SEBI allowed registered investment advisers to advertise their performance

SEBI allowed registered investment advisers to advertise their performance

#SEBIRIAPerformance Mumbai: In A big move SEBI has allowed registered investment advisers (RIAs) to advertise their past performance. However, they will have to validate their past performance through the SEBI recognised Past Risk and Return Verification Agency (PaRRVA), a credit rating like agency for RIAs. So far, RIAs were prohibited from making a reference to their past performance in their advertisements. In its circular, SEBI said, “In order to enable IAs and RAs to avail the services of PaRRVA and make claims in their advertisements using risk-return metrics verified by PaRRVA, it has been decided to amend the above-mentioned clauses…
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Kotak Nifty Top 10 Equal Weight Index Fund Open For Subscription

Investors can invest in this new fund offer till 21st April 2025 Mumbai: Kotak Mahindra Asset Management Company today i.e. on 7th April launched Kotak Nifty Top 10 Equal Weight Index Fund. It is an open-ended index fund designed to track the Nifty Top 10 Equal Weight Index. This NFO of Kotak has opened for subscription from today i.e. 7th April 2025. Investors can invest in this new fund offer till 21st April 2025. In this NFO of Kotak, investors can start investing with a minimum of ₹ 100, and after that can make additional investments in any amount. Investment…
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