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Gold demand lags as prices rise in India, wedding buying going Slow

Gold demand lags as prices rise in India, wedding buying going Slow

#IndiaGoldSale   #IndiaGoldrate New Delhi: This week, Indian dealers were offering a discount of up to $31 an ounce over official domestic prices, inclusive of 6% import and 3% sales levies, down from last week’s discount of up to $49 an ounce. Physical gold demand in India was subdued this week, as an uptick in domestic prices and a winding up of wedding season kept buyers at bay, while premiums slipped in top consumer China. This week, Indian dealers were offering a discount of up to $31 an ounce over official domestic prices, inclusive of 6% import and 3% sales levies,…
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Reliance Digital’s ‘Boot Up India’ Sale Empowers the Young Generation with Best Tech Deals and ₹1 Crore* in Scholarships

Reliance Digital’s ‘Boot Up India’ Sale Empowers the Young Generation with Best Tech Deals and ₹1 Crore* in Scholarships

#RelianceDigital  #RILBootUpIndia  #RILScholarships Mumbai: Reliance Digital, India’s leading electronics retailer, is proud to announce the launch of its biggest laptop sale yet – Boot Up India. More than just a sale, Boot Up India is a campaign with a powerful mission: to equip and empower the students of today for the opportunities of tomorrow. This initiative positions Boot Up India sale starting from 31st May to 31st August, as not just as a shopping event but a true launchpad for India’s next generation of leaders, creators, and innovators. The Boot Up India Sale has exciting offers available across Reliance Digital…
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NFO: ICICI Prudential launches quality factor index fund will remain open till June 4

NFO: ICICI Prudential launches quality factor index fund will remain open till June 4

#NFOICICI  #ICIPruqualityfundJune4 Chandigarh: ICICI Prudential MF has launched ICICI Prudential Nifty200 Quality30 index Fund, an open- ended index fund tracking the Nifty200 Quality30 index. This New index fund will remain open till June 4, 2025. The Nifty 200 Quality 30 index includes top 30 companies from its parent Nifty 200 index, selected based on their ‘quality’ scores. The score is determined through return on equity (ROE), debt/equity ratio and earnings growth over the previous 5 years. Abhijit Shah, Chief Marketing and Digital Business Officer, ICICI Prudential MF, said, “Through this product, we aim to offer investors a scheme that brings…
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Air India Unveils ‘There is an Air About India’ Campaign to Celebrate the Spirit of a Rising Nation

Air India Unveils ‘There is an Air About India’ Campaign to Celebrate the Spirit of a Rising Nation

#AirIndia  #ThereisanAirAboutIndia  #AirIndiaRisingNation Chandigarh: Air India has unveiled a new campaign, ‘There is an Air About India’, a tribute to the new India that is bold, joyous, confident, and resoundingly vibrant. The campaign, which includes an OOH segment, print ads and a stunning digital film, captures the essence of a nation on the rise that Air India is proud to carry around the world. Conceptualised and produced in partnership with creative agency McCann, the digital film’s centrepiece is the rap-style soundtrack composed by renowned music director Sneha Khanwalkar, with vocals by emerging rap artist Aarya Jadhao. The film blends rhythmic…
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ICICI Prudential Mutual Fund House Inaugurates its first branch in Bhiwani

ICICI Prudential Mutual Fund House Inaugurates its first branch in Bhiwani

#ICICIPRUAMCBhiwani Bhiwani: ICICI Prudential Mutual Fund, one of India’s leading fund house, on May 28th, 2025, inaugurated its first branch in Bhiwani at DSB 22 Panchayat Pocket, Urban Estate Bhiwani, Haryana -127021. The branch was formally inaugurated by Vipul Ghai, Regional Head - Retail Sales & Distribution - Punjab, Haryana, H.P. & J&K and Gaurav Bhardwaj, Cluster Head – Haryana, ICICI Prudential MF. Also present at the inauguration were Pawan Kumar, Cluster Head - Haryana, and other staff members of IPRU MF. Speaking on the occasion, Mr. Vipul Ghai, Regional Head - Retail Sales & Distribution - Punjab, Haryana, H.P.…
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The BMW i7: The best of electrifying mobility at a uniform price across the nation

The BMW i7: The best of electrifying mobility at a uniform price across the nation

#BMWi7uniformprice   #BMW #BMWi7 #ElectricMobility Gurugram. BMW India has introduced a unique offer on its flagship electric limousine – the BMW i7 - for benefit of customers across the nation. The first-of-its-kind offer provides a uniform pricing for the BMW i7 regardless of the registration location. In the specially designed new pricing, the customers do not need to incur the registration cost for BMW i7, as such cost will be borne by BMW India and administered by the authorized dealership. Mr. Vikram Pawah, President and CEO, BMW Group India said,” BMW India has always looked as electric mobility as a holistic…
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Monthly SIP of Rs 10,000 amounting to Rs 29.9 lakhs would have grown to Rs 1.6 crores in 25 years

Monthly SIP of Rs 10,000 amounting to Rs 29.9 lakhs would have grown to Rs 1.6 crores in 25 years

#ABSLBalancedAdvantageFund  #ABCLWealthCreationStudy #ABCLStudy Lumpsum of Rs 1 lakh would have grown to over Rs 10.3 lakhs in 25 years Chandigarh: Aditya Birla Sun Life AMC Limited (ABSLAMC) was incorporated in the year 1994. Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. are the promoters and major shareholders of the Company. ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882. The asset manager has reported that Aditya Birla Sun Life Balanced Advantage Fund generated more than Rs 1.6 crores with a monthly systematic investment plan…
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Fusion CX Limited files DRHP with SEBI to raise Rs. 1,000 crore

Fusion CX Limited files DRHP with SEBI to raise Rs. 1,000 crore

#FusionCXDRHPSEBI    #FusionCXIPO Chandigarh: Fusion CX Limited, a customer experience (CX) service provider, has filed the draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise Rs. 1000 crore through an initial public offering (IPO). According to the DRHP, the Initial Public Offering of the Kolkata-headquartered company consists of a Fresh Issue of equity shares aggregating up to Rs. 600 crore and an Offer for Sale of equity shares aggregating up to Rs. 400 crore. The OFS comprises stake sale by the Promoter Selling Shareholders, P N S Business Private Limited and Rasish Consultants Private Limited. Fusion CX proposes…
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Black Box Declares 50% Dividend: ₹1 per share on Face Value of ₹2 per share

Black Box Declares 50% Dividend: ₹1 per share on Face Value of ₹2 per share

#BlackBoxDeclaresDividend1pershare Chandigarh: Black Box Limited,  Essar’s technology arm and a leading provider of digital infrastructure solutions, announced its audited financial results for the quarter and year ended March 31, 2025. The Company delivered consistent improvement in profitability and operational efficiency, supported by disciplined execution and strategic portfolio realignment. Key metrics showed positive momentum across EBITDA, PAT, and margins, with an expanding order book and a strengthened balance sheet. Consolidated Performance Highlights (in ₹ Crore): Particulars Q4 FY25 Q4 FY24 YoY FY25 FY24 YoY Revenue 1,545 1,480 4% 5,967 6,282 -5% EBITDA 147 122 21% 531 428 24% EBITDA Margin 9.5% 8.2%…
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JioBlackRock Asset Management receives SEBI approval for mutual funds business

JioBlackRock Asset Management receives SEBI approval for mutual funds business

Mumbai: Jio BlackRock Asset Management Private Limited (JioBlackRock Asset Management), a 50:50 joint venture between Jio Financial Services Limited (JFSL) [BSE, NSE: JIOFIN] and BlackRock [NYSE: BLK], has received regulatory approval from the Securities and Exchange Board of India (SEBI) to commence operations as a n investment manager for their mutual fund business in India. JioBlackRock Asset Management will bring an innovative investment proposition to the growing number of Indian retail mutual fund investors, as well as to institutional investors in India. The asset management company will seek to leverage the unique strengths of its two sponsors: JFSL’s digital reach…
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