Breaking News Archives - Page 101 of 134

24 Jun

Bank of Baroda Launches “bob Flexi Systematic Deposit Plan” – A Customisable and High-Yield Savings Option

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#BankofBaroda #BOB #BOBFlexiSystematicDepositPlan #BOBFSDPlan #BOBHighYieldSavings Chandigarh: In a move aimed at offering customers greater flexibility and control over their savings, Bank of Baroda has launched the “bob Flexi Systematic Deposit Plan (bob Flexi SDP)”—a new-age recurring deposit product designed to empower individuals to align their savings with personal financial goals while benefiting from stable and attractive interest rates. The bob Flexi SDP introduces a powerful combination of discipline and adaptability to traditional recurring deposit (RD) schemes. Unlike conventional RDs that require a fixed monthly contribution, this product allows customers to scale up their monthly deposits by up to 10 times…

24 Jun

Vedanta Resources Posts Record $18.2 Billion Revenue in FY25, Reports $5.5 Billion EBITDA

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#VedantaResources #VedantaResources18BillionUSDRevenue #VedantaResourcesReports5BillionEBITDA Chandigarh: Vedanta Resources Limited, the London-headquartered global natural resources conglomerate, has reported its highest-ever annual revenue of $18.2 billion for the fiscal year ended March 31, 2025, marking a 6% year-on-year (YoY) increase. The growth comes on the back of robust commodity prices, stronger operational performance, and enhanced efficiency across its diverse business segments. In a statement released on Tuesday, the company also reported a consolidated EBITDA of $5.5 billion—its second-highest to date—up 16% YoY. Vedanta achieved an EBITDA margin of 36%, reflecting improved profitability despite volatile macroeconomic conditions. The company generated free cash flow (post-capex) of…

24 Jun

EPFO Sees Robust Growth in April 2025: Adds 19.14 Lakh Net Members, Led by Youth and Rejoining Workforce

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#EPFO #EPFOIndia #EPFOAdds19LakhNetMembers #EPFOYouthRejoiningWorkforce #EPFONewMembers New Delhi: The Employees' Provident Fund Organization (EPFO) has released its provisional payroll data for April 2025, showcasing a strong performance in terms of net member additions and employment trends. According to the data, EPFO added 19.14 lakh net members during the month, marking a significant month-on-month increase of 31.31% compared to March 2025. On a year-on-year basis, the net additions rose by 1.17% over April 2024, signaling expanding formal employment and enhanced outreach by the organization. The sharp increase in EPFO coverage reflects both improved job creation in the formal sector and growing awareness…

24 Jun

Bandhan Innovation Fund Delivers Over 20% Return in First Year, Outperforms Benchmark Nifty 500 TRI

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#BandhanMF #BandhanMFInnovationFundReturn #BandhanMFOutperformsNifty500TRI Chandigarh: The Bandhan Innovation Fund has completed its first year since inception, making a notable mark in the mutual fund industry by delivering a 1-year return of 20.98% (Regular Plan) as of May 30, 2025. In doing so, it has significantly outperformed its benchmark index, the Nifty 500 Total Returns Index (TRI), which returned 9.05% over the same period. The fund has also impressed under its Direct Plan, returning a robust 22.89% in its first year. Since inception on April 30, 2024, the fund has delivered 20.26% CAGR under the Regular Plan and 22.18% CAGR under the…

24 Jun

SBI Mutual Fund Launches Nifty200 Momentum 30 Index Fund

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#SBIMutualFund #SBIMF #SBINifty200Momentum30IndexFund #NFO #SBINewFund Targeting High-Momentum Stocks from Large and Mid-Cap Universe June 24, 2025 | Mumbai: SBI Mutual Fund, the largest asset management company in India, has announced the launch of its latest passive investment offering — the SBI Nifty200 Momentum 30 Index Fund. The open-ended index scheme seeks to mirror the performance of the Nifty200 Momentum 30 Index, offering investors exposure to a momentum-based investment strategy that blends large- and mid-cap equities. The New Fund Offer (NFO) for the scheme opens for subscription on June 23, 2025, and will remain open until July 3, 2025. Positioned as…

23 Jun

Zerodha Fund House Unveils Silver ETF Fund of Fund to Tap Rising Demand for Precious Metal

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#Zerodha #ZerodhaFundHouse #ZerodhaSilverETFFundofFund #ZerodhaTapRisingSilver #Silver #SilverETF New Delhi: Zerodha Fund House has launched a new investment offering aimed at capitalizing on the growing industrial and strategic importance of silver. The newly introduced Zerodha Silver ETF Fund of Fund (FoF) is an open-ended mutual fund scheme that will primarily invest in the units of the Zerodha Silver Exchange-Traded Fund (ETF). The New Fund Offer (NFO) opens for subscription today and will remain open until July 4, 2025. This latest offering reflects Zerodha’s broader commitment to delivering simple, cost-effective, and transparent investment products to Indian investors. The Silver ETF FoF provides an…

23 Jun

Indira IVF Collaborates with Banker IVF to Expand Fertility Services Across Gujarat

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#IndiraIVF #IVF #IndiraIVFMoUwithBanker #IndiraIVFExpandFertilityServices #IndiraIVFGujarat Chandigarh: In a significant strategic move aimed at expanding access to advanced fertility care in western India, Indira IVF Hospital Limited has announced its collaboration with Banker Healthcare Private Limited, a well-established fertility centre based in Ahmedabad. Through this agreement, Indira IVF acquires a stake in Banker IVF, marking a pivotal milestone in its journey to strengthen its network across Gujarat. The partnership not only underscores Indira IVF’s commitment to extending its clinical footprint but also brings together two leading institutions known for their excellence in assisted reproductive technologies (ART). With this collaboration, Indira IVF…

23 Jun

Audi India Introduces the Exclusive Audi Q7 Signature Edition – A New Benchmark in Luxury SUV Segment

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#AudiIndia #AudiIndiaExclusiveAudiQ7 #AudiIndiaQ7 #AudiIndiaSignatureEditionQ7 #AudiIndiaLuxurySUVSegment Chandigarh: In a significant move to enhance its footprint in the luxury SUV market, Audi India has officially launched the Audi Q7 Signature Edition—a specially curated, limited-edition variant of its highly acclaimed flagship SUV. With a host of premium upgrades and bespoke features, the Q7 Signature Edition promises to offer an even more exclusive and refined driving experience for Indian luxury automobile enthusiasts. The Audi Q7 has long been a favourite in the luxury full-size SUV segment, known for its powerful performance, sophisticated design, and cutting-edge technology. With the introduction of the Signature Edition, Audi…

23 Jun

VFS ETM Partners with Rayad Group to Launch Comprehensive Immigration Advisory Services in India

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#VFS #VFSETM #VFSETMwithRayadGroup #VFSETMImmigrationAdvisoryServices #VFSETMIndia Chandigarh : In a significant development for India’s immigration services landscape, VFS ETM Services, the Education, Trade & Migration division of VFS Global, has entered into a strategic partnership with the internationally renowned Rayad Group. This alliance aims to provide end-to-end immigration advisory services to Indian residents across major metropolitan cities, including New Delhi, Mumbai, Ahmedabad, Chennai, Hyderabad, and Pune. The collaboration brings together two major forces in their respective fields: VFS Global’s vast experience and global footprint in consular and mobility services, and Rayad Group’s decades-long expertise in legal and immigration consulting. Through this…

22 Jun

Punjab Industries Minister Tarunpreet Singh Sond Inaugurates ₹300 Crore Ortech Textiles Unit in Mohali

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#PunjabIndustries #MinisterTarunpreetSond #300CrOrtechTextilesUnit #Mohali #Tynor Mohali: In a major boost to Punjab’s industrial ecosystem and the national vision of Make in India and Viksit Bharat, Ortech Textiles, a state-of-the-art manufacturing facility by Tynor Orthotics, was officially inaugurated today by Punjab Industries, IT and Labour Minister Tarunpreet Singh Sond. Set up with a ₹300 crore investment, the Ortech Textiles unit is designed as a backward integration facility for Tynor Orthotics—India’s leading manufacturer of orthopaedic aids. The plant is spread over six acres in Mohali and is aimed at fulfilling all of Tynor’s internal textile requirements, eliminating any reliance on imported raw…