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13 Companies file applications under PLI Scheme for White Goods (ACs & LED Lights) with committed investment of Rs. 1,914 crore
14 Nov

13 Companies file applications under PLI Scheme for White Goods (ACs & LED Lights) with committed investment of Rs. 1,914 crore

MFNews0 CommentsBrands, Breaking News, Business, Opinions, Technology
Over 50% of new applicants are MSMEs, reflecting growing confidence in India’s manufacturing ecosystem #PLIScheme #WhiteGoodsPLI #MakeInIndia #AatmanirbharBharat #DPIIT #IndianManufacturing #ComponentEcosystem #GlobalManufacturingHub  #ACsAndLEDs #FDIIndia #CommittedInvestment #InvestmentInIndia #MSMEGrowth #MSMEIndia #EmploymentGeneration #Compressors #AirConditionerComponents #CopperTubes #LEDComponents #LEDChips   New Delhi: The 4th Round of the Production Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED Lights), launched by the Department for Promotion of Industry and Internal Trade (DPIIT), has attracted 13 applications with a net committed investment of Rs. 1,914 crore. The application window was open from 15th September 2025 to 10th November 2025. Notably, over 50 per cent of the…
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Hanahealth by DSS educates Chandigarh’s IVF fraternity on advanced AI tools at CME
14 Nov

Hanahealth by DSS educates Chandigarh’s IVF fraternity on advanced AI tools at CME

MFNews0 CommentsBrands, Health, Opinions, Technology
#HanahealthCME #AIfinIVF #OptimisingIVFOutcomes #VitaEmbryo #EmbryoSelection #IVFAutomation #FertilityTech #AdvancedEmbryology #ChandigarhIVF #DSSImagetech Chandigarh: Hanahealth, the IVF vertical of DSS Imagetech, successfully hosted an exclusive Continuing Medical Education (CME) session with IVF experts of the region to spread awareness on ‘Optimising IVF Outcomes through AI-Powered Embryo Assessment’. The CME, held recently at The Glades Hotel, provided practical insights to the convening fertility clinicians, embryologists and lab directors on how AI-driven tools such as Vita Embryo are changing embryo assessment workflows in IVF. Vita Embryo is an advanced AI-powered solution developed by South Korea’s Kai Health that analyses multi-modal data, integrating microscope images, clinical…
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The Wealth Company Mutual Fund Unveils a True-to-Label Hybrid Multi Asset Allocation Fund
13 Nov

The Wealth Company Mutual Fund Unveils a True-to-Label Hybrid Multi Asset Allocation Fund

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The fund follows an active allocation framework, combining metals such as gold and silver for diversification and inflation hedging, fixed income for potential stability, and equity for long-term wealth creation. #NFOAlert #MultiAssetFund #WealthCompanyMF #AssetAllocation #HybridFund #GoldAndSilver #Diversification #InvestmentStrategy #PantomathGroup Chandigarh: The Wealth Company Asset Management Holdings Private Limited, one of India’s fastest-growing AMCs under the Pantomath Financial Services Group, is launching ‘The Wealth Company Multi Asset Allocation Fund’. The true-to-label hybrid, commodity-anchored multi-asset fund will actively balance equity, debt, and commodities. Thus, it helps investors with long-term wealth creation by creating a resilient and well-diversified portfolios across market cycles. The…
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Tata Steel Q2 FY26 Results: India Operations Drive Consolidated Growth and Margin Expansion
13 Nov

Tata Steel Q2 FY26 Results: India Operations Drive Consolidated Growth and Margin Expansion

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#TataSteel #Q2Results #IndianSteel #EBITDA #FinancialResults #MakeInIndia #SteelSector #CapitalExpenditure #Decarbonisation Chandigarh: Tata Steel reported a strong set of unaudited financial results for the quarter and half-year ended September 30, 2025 (Q2 FY26). The performance was largely driven by its robust India operations, which helped navigate a challenging global environment and significantly boosted the company's consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA). The consolidated EBITDA margin improved for the second consecutive quarter, reflecting successful cost management efforts despite global headwinds. India Operations (India¹) The India business was the primary engine of growth and profitability: EBITDA: ₹8,654 crores EBITDA Margin: 25%…
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Black Box Reports Strong Performance in Q2 FY26, Revenue grew by INR 198 crore, 14% quarter-on-quarter
13 Nov

Black Box Reports Strong Performance in Q2 FY26, Revenue grew by INR 198 crore, 14% quarter-on-quarter

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EBITDA grew by 23% quarter-on-quarter #BlackBox #Q2Results #DigitalInfrastructure #EBITDA #Essar #TechNews #NSEBBOX #FinancialResults #WindRiver  Chandigarh: Black Box Limited (BSE: 500463 | NSE: BBOX), Essar’s technology arm and a leading provider of digital infrastructure solutions, announced its unaudited financial results for the quarter and half year ended September 30, 2025. The Company delivered a resilient performance, with strong quarter-on-quarter improvements across revenue, operating profit, and net profitability. With its transformation program now largely stabilised and a more focused go-to-market architecture in place, the Company is shifting decisively toward sustained revenue acceleration and a higher-quality business mix through FY26. Backed by robust…
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Mirae Asset Launches Infrastructure Fund: Tapping into India’s Multi-Trillion Dollar Growth Story
13 Nov

Mirae Asset Launches Infrastructure Fund: Tapping into India’s Multi-Trillion Dollar Growth Story

MFNews0 CommentsBrands, Breaking News, Business, Mutual Funds, Opinions, Shares, Technology
#MiraeAsset #InfrastructureFund #NFO #PMGS #GatiShakti #IndianEconomy #EquityScheme #MutualFunds #InvestInIndia #NIP #CapitalExpenditure MUMBAI: Marking a strategic move to capitalize on India's accelerated capital expenditure cycle, Mirae Asset Investment Managers (India) has announced the launch of the Mirae Asset Infrastructure Fund. This new open-ended equity scheme is designed to provide investors with exposure to the entire value chain of India’s rapidly expanding infrastructure ecosystem. The launch comes at a time when the Indian infrastructure sector is entering a new, sustained growth phase, largely propelled by ambitious government initiatives and an increased influx of both public and private capital. 💰 NFO Dates and…
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India’s Textile Exports Shows Resilience and Diversification; Growth recorded in exports to 111 Countries
13 Nov

India’s Textile Exports Shows Resilience and Diversification; Growth recorded in exports to 111 Countries

MFNews0 CommentsBrands, Breaking News, Business, Opinions, Technology
#TextileExports #ExportDiversification #IndiaTrade #MakeInIndia #AatmanirbharBharat #MSME #ReadyMadeGarments #EPM #GlobalCompetitiveness New Delhi: India’s Textile & Apparel, including handicrafts exports, demonstrated remarkable resilience in the first half of FY 2025-26 despite global headwinds and tariff-related challenges in major markets. India’s global exports of textiles, apparel and made ups grew marginally by 0.1% during April–September 2025, compared to the corresponding period in 2024. Some of the large export markets for India which clocked impressive growth rates were UAE (14.5%), UK (1.5%), Japan (19.0%), Germany (2.9%), Spain (9.0%) and France (9.2%). On the other hand, some of the other markets that recorded higher growth…
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Cosmo First Announces Strategic Joint Venture in South Korea
13 Nov

Cosmo First Announces Strategic Joint Venture in South Korea

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Partnership to take different B2B business verticals to the South Korean market #CosmoFirst #FilmaxCorporation #JointVenture #SouthKorea #GlobalExpansion #SpecialtyFilms #Chemicals #B2BPartnership #PackagingIndustry Chandigarh: Cosmo First Limited, a leading global conglomerate into multiple businesses (including Specialty/Consumer Films & Chemicals, Rigid Packaging, and Petcare) has entered a strategic 50-50 joint venture with Filmax Corporation, a renowned South Korean Films & Chemical Company with strong local market equity. The new entity is set to jointly introduce and scale multiple business verticals of Cosmo First into the South Korean market and take Filmax products into the global market through the former’s various global arms. Partnership…
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IOL Chemicals Reports 56.7% YoY Profit Surge in Q2 FY26, Driven by Operational Efficiency and Non-Ibuprofen APIs
13 Nov

IOL Chemicals Reports 56.7% YoY Profit Surge in Q2 FY26, Driven by Operational Efficiency and Non-Ibuprofen APIs

MFNews0 CommentsBrands, Breaking News, Business, Health, Shares, Technology
#IOLChemicals #Q2Results #APIManufacturing #PharmaGrowth #EDQM #CEP #EBITDA #ProfitGrowth #SpecialtyChemicals Chandigarh: IOL Chemicals and Pharmaceuticals Ltd (IOLCP) has announced robust standalone financial results for the second quarter (Q2) of FY26, reporting a significant surge in profitability driven by improved operating leverage and a strategic focus on its diverse product portfolio. The company's Profit After Tax (PAT) soared by 56.7% year-on-year (YoY) to ₹30.0 Crore in Q2 FY26, up from ₹19.2 Crore in Q2 FY25. This strong bottom-line growth was supported by a 33.3% YoY jump in EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) to ₹64.0 Crore. 📈 Financial Performance Snapshot…
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Good News: Teens can now sign themselves up on Uber
13 Nov

Good News: Teens can now sign themselves up on Uber

MFNews0 CommentsBrands, Breaking News, Business, Entertainment, Health, Opinions, Technology, Travel
#UberIndia #UberTeens #FamilyTravel #TechForGood #SeniorsInTech #NewFeatures #RideHailing #DigitalIndia Chandigarh: Uber today announced that teens in India can now sign themselves up on the app by linking their accounts directly, making the process faster and more flexible for the use of its Uber Teens product in India. The update is part of a broader set of enhancements to Uber’s Teens and Family features, aimed at making travel safer, simpler, and more inclusive for families across generations. With this new self-onboarding process, teens gain the independence to manage their own Uber accounts while guardians retain full visibility and control. Uber has also extended…
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