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SEBI Bans Transaction Charges for Mutual Fund Distributors: A Step Towards Greater Investor Protection
11 Aug

SEBI Bans Transaction Charges for Mutual Fund Distributors: A Step Towards Greater Investor Protection

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Technology
#SEBI #MutualFunds #MFD #InvestorProtection #RegulatoryUpdate #SEBICircular #FinanceNews #IndianMarkets #AssetManagement #InvestmentIndia #BankingNews #MutualFundInvesting Chandigarh: In a landmark move aimed at safeguarding investor interests and enhancing transparency in the mutual fund industry, the Securities and Exchange Board of India (SEBI) has announced that mutual fund distributors (MFDs) can no longer levy transaction charges on the sale of mutual fund schemes. The directive, issued through an official circular, comes into effect immediately and is expected to reshape certain aspects of the distribution business, particularly impacting large distributors such as banks. What the Circular Says Until now, SEBI’s regulations allowed asset management companies (AMCs)…
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Shivtek to Invest ₹50 Crore in Rajpura Specialty Chemical Plant; Signs MoU with Bodal Chemicals
11 Aug

Shivtek to Invest ₹50 Crore in Rajpura Specialty Chemical Plant; Signs MoU with Bodal Chemicals

MFNewsBrands, Breaking News, Business, Health, Opinions, Shares, Technology
#ShivtekSpechemi #BodalChemicals #SpecialtyChemicals #GreenChemistry #RajpuraPlant #ChemicalManufacturing #SustainableManufacturing #ChlorinatedParaffin #CPE Strategic partnership to enable direct chlorine pipeline supply, enhance supply chain efficiency, and strengthen green manufacturing capabilities Chandigarh: In a major move to expand its presence in Northern and Eastern India, Shivtek Spechemi Industries Ltd, a flagship company of the Shiva Group of Industries and a leading specialty chemicals manufacturer, has signed a Memorandum of Understanding (MoU) with Bodal Chemicals Ltd for the acquisition of approximately 8 acres of land in Rajpura, Punjab. The ₹50 crore investment will fund both land acquisition and the development of Phase I and Phase II…
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Make in India for the World: SWITCH Mobility Exports First Batch of 10 Electric Buses to Mauritius Under Special G-to-G Agreement
11 Aug

Make in India for the World: SWITCH Mobility Exports First Batch of 10 Electric Buses to Mauritius Under Special G-to-G Agreement

MFNewsBrands, Breaking News, Business, Entertainment, Health, Shares, Technology, Travel
#MakeInIndia #ElectricMobility #SWITCHMobility #EiV12 #SustainableTransport #GreenEnergy #ElectricBuses #CleanMobility #EVRevolution #IndiaForTheWorld #Mauritius Chandigarh: In a landmark move reinforcing India’s position as a global electric vehicle (EV) manufacturing hub, SWITCH Mobility, the electric bus and light commercial vehicle arm of the Hinduja Group, flagged off the first batch of 10 electric buses to the Republic of Mauritius. These buses, part of a 100-unit order, are a special gift from the people and Government of India to the people and Government of Mauritius under a Government-to-Government agreement. The ceremonial flag-off was graced by Dr the Hon Navinchandra Ramgoolam, GCSK, FRCP, Prime Minister of…
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ACCA and EY Release New Guidance to Strengthen Business Confidence in AI
11 Aug

ACCA and EY Release New Guidance to Strengthen Business Confidence in AI

MFNewsBrands, Breaking News, Business, Entertainment, Mutual Funds, Opinions, Shares, Technology, Travel
#AI #ArtificialIntelligence #AIAssessment #ACCA #EY #CorporateGovernance #AICompliance #AITrust #AIStandards #AIInnovation #DigitalTransformation #TechGovernance #EthicalAI #AIForBusiness Chandigarh: As artificial intelligence (AI) adoption accelerates worldwide, a new joint policy paper by the Association of Chartered Certified Accountants (ACCA) and global professional services firm EY aims to equip businesses and policymakers with practical guidance for building trust in AI systems. The paper, titled AI Assessments: Enhancing Confidence in AI, underscores the critical role that effective AI evaluations can play in ensuring systems are well-governed, compliant, and aligned with intended performance standards. It highlights that with robust AI assessments in place, businesses can better harness…
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Bank of Baroda Organises SHG Meet and Financial Inclusion Saturation Drive in Palwal
10 Aug

Bank of Baroda Organises SHG Meet and Financial Inclusion Saturation Drive in Palwal

MFNewsBrands, Breaking News, Business, Opinions, Shares, Technology, Travel
Loans amounting to ₹22 crore disbursed to SHG beneficiaries; outreach to over 1,000 beneficiaries through government schemes and awareness initiatives #BankofBaroda #FinancialInclusion #SelfHelpGroups #SHGMeet #WomenEmpowerment #LakhpatiDidi #RuralDevelopment #InclusiveGrowth #FinancialLiteracy #PMJDY #PMJJBY #PMSBY #APY Chandigarh: In a significant step towards advancing women’s empowerment, grassroots entrepreneurship, and financial inclusion, Bank of Baroda (Bank), one of India’s leading public sector banks, organised a Self-Help Group (SHG) Meet and Financial Inclusion Saturation Drive in Palwal, National Capital Region (NCR). The initiative aligns with the Prime Minister’s vision of empowering women as “Lakhpati Didis”, reinforcing the Bank’s role as a key driver of socio-economic growth…
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No Brother? No Problem: This Raksha Bandhan, Godrej Celebrates #WorkSiblings
10 Aug

No Brother? No Problem: This Raksha Bandhan, Godrej Celebrates #WorkSiblings

MFNewsBrands, Business, Entertainment, Health, Opinions, Travel
#GodrejIndustries #WorkSiblings #RakshaBandhan2025 #WorkplaceBonding #GodrejLAffaire #VikhroliCucina #OfficeCulture #WorkplaceHumor #ColleagueGoals #OfficeFamily Chandigarh: Raksha Bandhan has long been a festival that celebrates the sacred, and sometimes chaotic, relationship between siblings — from squabbles over the TV remote and snack thefts to an unspoken bond of loyalty and protection. But in modern India, those moments are increasingly becoming a rarity. Many people live far away from their families due to career opportunities, and with changing family dynamics or the growing trend toward single-child families, fewer children are growing up with siblings at all. A 2023 YouGov-Mint-CPR Millennial Survey revealed that among urban millennials…
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UPL Limited Recognized as Top Innovator in AgriBusiness at Clarivate South Asia Innovation Awards 2025
10 Aug

UPL Limited Recognized as Top Innovator in AgriBusiness at Clarivate South Asia Innovation Awards 2025

MFNewsBrands, Breaking News, Business, Entertainment, Health, Opinions, Technology, Travel
#UPLLimited #ClarivateInnovationAward #AgriBusinessLeader #SustainableAgriculture #AgricultureInnovation #OpenAg #FoodSecurity #ClimateSmartFarming #UPLInnovation Chandigarh – UPL Limited, a global leader in sustainable agriculture solutions, has once again set a benchmark in agricultural innovation by being honored with the Clarivate South Asia Innovation Award 2025 in the AgriBusiness category. The prestigious award ceremony took place on August 6, 2025, at Hotel ITC Maratha, Mumbai, celebrating organizations that are shaping the future of innovation and contributing to the advancement of technology, research, and development across South Asia. This recognition marks the third consecutive year that UPL Limited has received this esteemed award, further solidifying its position as…
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Hinduja Group to Expand Presence in the Philippines Across Defence, Energy, Automotive, and Digital Sectors
10 Aug

Hinduja Group to Expand Presence in the Philippines Across Defence, Energy, Automotive, and Digital Sectors

MFNewsBrands, Breaking News, Business, Shares, Technology, Travel
#HindujaGroup #PhilippinesInvestment #DefenceSector #EnergySector #AutomotiveIndustry #DigitalTechnology #AshokLeyland #SwitchMobility #ElectricVehicles #GulfOil Chandigarh: The Hinduja Group, one of India’s most diversified global conglomerates and a long-standing investor in the Philippines, has announced a significant expansion plan for the country. The Group will explore new opportunities in Defence, Energy, Automotive, and Digital Technology, with substantial investments aimed at strengthening its position in these high-potential sectors. The development follows a high-level meeting between President Ferdinand Marcos Jr. of the Philippines and the Hinduja Group delegation led by Shom Hinduja, President – Alternative Energy & Sustainability at the Hinduja Group, and Board Member of Gulf…
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जून तिमाही में हाइब्रिड फंड्स का एयूएम बढ़ा; आर्बिट्राज और मल्टी एसेट एलोकेशन फंड्स में सबसे तेज़ वृद्धि – वेंचुरा
10 Aug

जून तिमाही में हाइब्रिड फंड्स का एयूएम बढ़ा; आर्बिट्राज और मल्टी एसेट एलोकेशन फंड्स में सबसे तेज़ वृद्धि – वेंचुरा

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Technology
#HybridFunds #MutualFundsIndia #VenturaReport #ArbitrageFunds #MultiAssetAllocation #BalancedHybrid #EquitySavings #DynamicAssetAllocation #BalancedAdvantage चंडीगढ़: ओपन-एंडेड हाइब्रिड म्यूचुअल फंड योजनाओं ने वित्त वर्ष 2025 की जून तिमाही में प्रबंधनाधीन संपत्ति (AUM) में उल्लेखनीय वृद्धि दर्ज की है। वेंचुरा, एक फुल-सर्विस स्टॉक ब्रोकिंग प्लेटफॉर्म, की रिपोर्ट के अनुसार इस अवधि में आर्बिट्राज फंड्स और मल्टी एसेट एलोकेशन फंड्स में सबसे अधिक वृद्धि देखने को मिली। रिपोर्ट के मुताबिक, आर्बिट्राज फंड्स का एयूएम मार्च 2025 तिमाही की तुलना में 22.2% बढ़ा। इसके बाद मल्टी एसेट एलोकेशन फंड्स में 15.4% की वृद्धि दर्ज की गई। बैलेंस्ड हाइब्रिड/अग्रेसिव हाइब्रिड फंड्स में 8.9% की बढ़ोतरी हुई, जबकि इक्विटी सेविंग्स और…
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Bangur Concrete Enters South India with First RMC Plant in Karnataka
10 Aug

Bangur Concrete Enters South India with First RMC Plant in Karnataka

MFNewsBrands, Breaking News, Business, Opinions, Technology
#BangurConcrete #ShreeCement #RMC #ReadyMixConcrete #InfrastructureGrowth #ConstructionIndustry #SustainableConstruction #EcoFriendlyBuilding Chandigarh: Bangur, the master brand of Shree Cement Ltd. and one of India’s leading cement producers, has entered the southern market with the launch of its first Ready-Mix Concrete (RMC) plant in Yelahanka, North Bengaluru. The state-of-the-art facility, with a designed capacity of 101 cubic metres per hour, marks a significant step in the company’s pan-India expansion strategy. With the addition of the Yelahanka plant, Bangur Concrete now operates 19 RMC facilities across India, each engineered to deliver consistent quality, adhere to stringent environmental norms, and maintain operational efficiency. Speaking at the…
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