Breaking News Archives - Page 100 of 134

27 Jun

StayVista Raises Over INR 40 Crore in Series B Funding Led by JSW Ventures

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#StayVista #StayVistaRaisesINR40Cr #StayVistaFundingbyJSWVentures #StayVistaJSWVenturesIndia’s Largest Villa Rental Platform Aims to Strengthen Operations, Expand Footprint, and Enhance Guest Experience Chandigarh, June 26, 2025: StayVista, India’s leading luxury and premium villa rental platform, has successfully raised over INR 40 crore in its Series B funding round, led by JSW Ventures. The round also saw continued support from existing investors DSG Consumer Partners and Capri Global Family Office, reinforcing confidence in StayVista’s vision and execution. The infusion of capital marks a significant milestone in the company’s journey, providing momentum for its next phase of growth. StayVista intends to utilize the fresh funds to…

26 Jun

Manika Plastech Files DRHP with SEBI for IPO to Raise ₹1,150 Million

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#ManikaPlastech #ManikaPlastechIPO #ManikaPlastechFilesDRHP #ManikaPlastechSEBI #ManikaPlastechIPOfor1150MillionINR Chandigarh: Rigid polymer packaging manufacturer Manika Plastech Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO). The proposed offering will include a fresh issue of equity shares worth ₹1,150 million and an offer for sale (OFS) of up to 15 million equity shares by VRIDAA Holding Trust, a promoter entity. Founded by the Kapadia family — Nikunj Mohanlal Kapadia, Munjal Nikunj Kapadia, Mihir Nikunj Kapadia, and Pratik Nikunj Kapadia — alongside VRIDAA Holding Trust, Manika Plastech specializes in design-led, precision-engineered…

26 Jun

Union Mutual Fund Launches Low Duration Fund Targeting Short-Term Investors Amid Dynamic Rate Environment

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#UnionMutualFund #NFO #UnionMFNFO #UnionMFLowDurationFund #UnionMFShortTerminvestors #UnionMFRateEnvironment Chandigarh: Union Mutual Fund has announced the launch of its latest fixed income offering—Union Low Duration Fund, an open-ended debt scheme tailored to investors seeking short-term capital allocation opportunities. The New Fund Offer (NFO) opens on June 26 and will remain available for subscription until July 10, 2025. This newly launched scheme aims to provide investors with a low-risk, short-duration debt investment option with a Macaulay duration between 6 to 12 months. In an environment where interest rate movements are increasingly volatile, this fund is positioned as a smart, flexible, and structured solution for those looking to…

26 Jun

Mahindra Manulife Mutual Fund Launches BFSI Sectoral Fund Amid Rising Financialization and Market Optimism

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#MahindraManulifeMF #MutualFund #MahindraManulifeMFBFSISectoralFund #MahindraManulifeMFMarketOptimism Chandigarh – In a strategic move to capitalize on India’s growing financial services ecosystem, Mahindra Manulife Mutual Fund has announced the launch of the Mahindra Manulife Banking and Financial Services Fund, an open-ended equity scheme focused exclusively on the Banking, Financial Services, and Insurance (BFSI) sector. The New Fund Offer (NFO) opens on June 27 and closes on July 11, with the scheme set to reopen for continuous sale and repurchase from July 21. The fund is designed to provide long-term capital appreciation by investing in a portfolio of equity and equity-related instruments of companies operating…

26 Jun

Aditya Birla Capital Digital (ABCD) App Breach: ₹1.95 Cr of Digital Gold Illegally Sold—Flaw Patched, Investigation Underway

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#AdityaBirlaCapitalDigital #ABCDAppBreach #ABCDDigitalGoldSold #ABCDAppFlaw Mumbai: In a disturbing cyber-attack reported from Mumbai’s Prabhadevi area, an unidentified hacker infiltrated the Aditya Birla Capital Digital Limited (ABCD) mobile app and illicitly sold digital gold worth approximately ₹1.95 crore from the accounts of 435 customers, according to official company statements. How the Breach Came to Light The fraud surfaced in early June 2025 following a rash of customer complaints. Users discovered unauthorized sales of their digital gold holdings and reached out to the ABCD support helpline. Many customers also voiced concerns on social media, drawing attention to the breach. Alarmed by the scale…

25 Jun

Bajaj Finserv AMC Launches Small Cap Fund to Tap Growth, Value, and Quality Opportunities

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#BajajFinservAMC #BajajAMCSmallCapFund #BajajFinservGrowthValueFund #BajajFundQuality Chandigarh: Bajaj Finserv Asset Management Company (AMC) has announced the launch of its new equity scheme — the Bajaj Finserv Small Cap Fund, an open-ended fund focused on small-cap stocks. The fund aims to offer investors a diversified exposure to smaller companies with high growth potential, quality financials, and attractive valuations. The New Fund Offer (NFO) opens for subscription on June 27, 2025, and will close on July 11, 2025. This latest offering comes at a time when the broader market has seen a notable correction in small-cap stocks, making them more appealing from a valuation…

25 Jun

Silver Rally Far From Over: Expert Sees More Upside Amid Industrial Boom and Supply Crunch

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Silver Rally Far From Over: Expert Sees More Upside Amid Industrial Boom and Supply Crunch #Silver #SilverBoom #SilverRally #Silverinvestment #SilverIndia By Lavanya Singla Chandigarh: Silver prices are on an upward trajectory in 2025, driven by a powerful convergence of strong industrial demand, persistent supply constraints, and macroeconomic tailwinds. According to Satish Dondapati, Vice President and Fund Manager at Kotak Asset Management Company (AMC), the rally in silver is far from peaking. He believes the metal still has significant room to appreciate further, especially as clean energy technologies and next-gen electronics accelerate consumption. “Silver's rally is not just a speculative move…

25 Jun

जियो के साथ टेलीकॉम में निवेश मेरी जिंदगी का सबसे बड़ा रिस्क था: मुकेश अंबानी

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#RIL #JIO #MukeshAmbani #RILJIO #JIORISKMukesh #JIOIndia दुनिया में बेहतरीन टेक्नोलॉजी में से एक है जियो की इन हाउस 5जी टेक्नोलॉजी- अंबानी रिलायंस एक डीप टेक और एडवांस मैन्युफैक्चरिंग कंपनी बनने जा रही है मुंबई : एक बड़ा खुलासा करते हुए रिलायंस इंडस्ट्रीज़ के चेयरमैन और मैनेजिंग डायरेक्टर मुकेश अंबानी ने कहा है कि टेलीकॉम सेक्टर की जियो में बड़े पैमाने पर निवेश करना उनके करियर का "सबसे बड़ा रिस्क" था। उस समय कई विश्लेषकों को इसकी सफलता पर संदेह था। उनका कहना था कि भारत इतनी उन्नत डिजिटल तकनीक के लिए तैयार नहीं है। उन्होंने कहा कि “अगर जियो में…

25 Jun

ICICI Prudential Life Launches Market-Linked Insurance Plan Tailored for India’s Youth

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#ICICIPrudentialLife #ICICIPruMarketLinkedPlan #ICICIPrudentialLifeYouthPlan Chandigarh, June 25, 2025: In a strategic move to tap into India’s growing base of young investors, ICICI Prudential Life Insurance has unveiled the ICICI Pru Smart Insurance Plan Plus, a market-linked life insurance product designed to empower the youth to begin their financial journeys early with affordable, tax-efficient, and flexible wealth-building options. Targeted at first-time earners and young professionals, the plan combines the benefits of market-linked investments with life insurance protection, making it a compelling option for those seeking long-term financial growth and security. With a minimum premium starting at just ₹1,000 per month, the product…

25 Jun

Sky-High Fun for Indian Families: Why TOKYO SKYTREE® is a Must-Visit Destination Across Generations

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Sky-High Fun for Indian Families: Why TOKYO SKYTREE® is a Must-Visit Destination Across Generations Tokyo, Japan : When it comes to family travel, Indian households are increasingly embracing the joys of multi-generational vacations. Whether it’s toddlers exploring the world for the first time, teens hunting for Instagram-worthy views, or grandparents seeking serene moments in beautiful surroundings, family members of all ages look for shared experiences that everyone can enjoy together. And one place that has captured the hearts of Indian families visiting Japan is the TOKYO SKYTREE®—the tallest tower in the world and a destination packed with panoramic views, unique…