Breaking News Archives - Page 112 of 133

24 May

Tata Steel inaugurates Phase II expansion of Kalinganagar operations

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#TataSteelexpansionKalinganagar ~ Annual capacity of the state-of-the-art facility in Odisha jumps from 3 to 8 million tonnes with an investment of Rs 27,000 crore ~ Chandigarh: Hon’ble Chief Minister of Odisha Shri Mohan Charan Majhi today inaugurated the expanded Tata Steel Kalinganagar (TSK) plant, taking the crude steel capacity from 3 to 8 million tonnes per annum (MTPA). The inauguration event was held at the Kalinganagar plant in Jajpur district, in the presence of senior state leaders, members of the local community, Tata Steel’s CEO & MD T. V. Narendran, and other members of the senior leadership. Shri Pradeep Bal Samanta,…

24 May

रिलायंस ने पूर्वोत्तर राज्यों के लिए रखा 75 हजार करोड़ का निवेश लक्ष्य

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#Relianceinvestment75000croreNE • 25 लाख नए रोजगार मिलेंगे • इस वर्ष पूर्वोत्तर में 1 करोड़ लोग जियो 5जी नेटवर्क से जुड़ जाएंगे • 350 बायोगैस संयंत्र लगाएगी रिलायंस नई दिल्ली: रिलायंस इंडस्ट्रीज के चेयरमैन मुकेश अंबानी ने पूर्वोत्तर राज्यों में अपने निवेश को 75 हजार करोड़ करने का लक्ष्य रखा है। अभी कंपनी का इन राज्यों में करीब 30 हजार करोड़ का निवेश है। यानी अगले पांच वर्षों में रिलायंस इन राज्यों में करीब 45 हजार करोड़ रुपये का नया निवेश करने जा रही है। मुकेश अंबानी दिल्ली के भारत मंडपम में चल रही ‘राइजिंग नॉर्थईस्ट इन्वेस्टर्स समिट’ में बोल रहे…

24 May

ICICI Prudential Mutual Fund house inaugurates its first branch in Gurdaspur, Punjab

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#ICICIPrudentialMFGurdaspur #ICICIPruMFGurdaspurPunjab Gurdaspur, Punjab: ICICI Prudential Mutual Fund, one of India’s leading fund house, on May 23rd, 2025, inaugurated its first branch in Gurdaspur, at Ground Floor, Hadbast No 335, Khasra No-848/2(0-4), Hanuman Chowk, Tibri Phatak, Village Shahzada Nangal, Gurdaspur, Punjab-143521. The branch was formally inaugurated by Mr. Deepak Sharma, Regional Head - Retail, ICICI Bank and Mr. Vipul Ghai, Regional Head - Retail Sales & Distribution – PHHJ, along with other key distributors. Also present at the inauguration were Mr. Pranav Gupta, Cluster Head and Mr. Rajan Kumar, Branch Head – Gurdaspur, along with other staff members of the fund…

23 May

Trident Limited Announces of first Interim Dividend @ 50% of face value

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#TridentLimitedInterimDividend #TridentQ4andFY25Results New Delhi: Trident Limited has reported financial results for the fourth quarter and financial year ended March 31, 2025. Commenting on the results, Mr. Deepak Nanda, Managing Director, Trident Limited, said, “As we reflect on Trident Limited’s Q4 and FY25 results, it's evident that amidst challenging macroeconomic conditions, our company has showcased year-on-year growth, We have significantly strengthened our balance sheet by reducing net debt by INR 635 Crore and improving our Debt Equity Ratio to 0.19 from 0.35. Furthermore, our financial health has been reinforced through an improvement in the Current Ratio from 1.58 to 2.01 on a…

23 May

Baroda BNP Paribas MF launches its Multi Asset Active Fund of Funds NFO closes on May 26

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#BarodaBNPParibasMF #BarodaMultiAssetActiveFund Chandigarh: Baroda BNP Paribas AMC has launched Baroda BNP Paribas Multi Asset Active Fund of Funds (FOF). The fund proposes to invest across debt, equity and gold schemes. The NFO opens on May 15 and closes on May 26. The fund will invest majority of corpus in debt funds by investing minimum of 55% of the total corpus in Baroda BNP Paribas Short Duration Fund. The fund will also invest a minimum of 15% each in Baroda BNP Paribas Large Cap Fund and Baroda BNP Paribas Gold ETF. Prashant Pimple and Pratish Krishnan, who each bring more than…

23 May

India’s MSME Commercial Credit Portfolio Grew 13% YoY with Overall Delinquency Rate Falling to Five-Year Low

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#IndiaMSMECreditGrew13YoY Overall MSME commercial credit exposure increased to ₹ 35 lakh crore as of end-March 2025, against ₹ 31 lakh crore as of end-March 2024 Chandigarh: The commercial credit portfolio for India’s Micro, Small and Medium Enterprises (MSME) sector grew at 13% year-over-year (YoY) as the overall credit exposure increased to Rs 35.2 lakh crore as of March 31, 2025. This trend was largely driven by an increase in credit supply to existing borrowers, according to TransUnion CIBIL and SIDBI’s MSME Pulse Report for May 2025. The MSME sector includes borrowers with credit exposures up to Rs 50 crore.…

23 May

Poonawalla Fincorp Accelerates AI-led Transformation in Customer Engagement and Compliance

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#PoonawallaFincorpAITransformation Chandigarh: Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group-promoted NBFC focused on Consumer and MSME lending, today announced the deployment of AI-powered solutions in its marketing and compliance functions, reshaping the way it engages with customers digitally and responds to regulatory requirements with greater agility. As part of its marketing transformation, PFL is developing a suite of AI-powered solutions to build a robust and scalable data-driven ecosystem, redefining customer engagement and marketing strategies. These solutions aim to enhance customer targeting precision, optimize acquisition costs, and deliver personalized experiences, driving efficiency and growth. PFL has deployed an AI-driven customer targeting…

22 May

एक्सिस बैंक Axis Bank और सुपर.मनी super.money ने लॉन्च किया नया RuPay क्रेडिट कार्ड, हर महीने ₹500 तक कैशबैक

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#AxisBanksupermoneyRuPaycreditcard Chandigarh: भारत में निजी क्षेत्र के सबसे बड़े बैंकों में से एक एक्सिस बैंक (Axis Bank) और फ्लिपकार्ट समूह की अग्रणी क्रेडिट-फर्स्ट यूपीआई प्लेटफॉर्म सुपर.मनी (super.money) ने आज एक्सिस बैंक सुपर.मनी रुपे क्रेडिट कार्ड (Axis Bank super.money RuPay credit card) लॉन्च किया। यह क्रेडिट कार्ड भारत के वैश्विक कार्ड भुगतान नेटवर्क रुपे पर उपलब्ध है, जो ग्राहकों को बेहतरीन रिवॉर्ड और सुविधा प्रदान करता है। डिजिटल और फिजिकल रूप से उपलब्ध नया रुपे क्रेडिट कार्ड यूपीआई, कार्ड पीओएस टर्मिनल, ऑनलाइन प्लेटफॉर्म और एटीएम के माध्यम से सहज लेनदेन के लिए उपलब्ध है। यह कार्ड, क्रेडिट कार्ड लेन-देन के लिए…

22 May

Approaching Deadline for filing claims in the matter of Karvy Stock Broking Limited

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#DeadlineforclaimsKarvy Chandigarh: Karvy Stock Broking Ltd. was declared defaulter by NSE on November 23, 2020. As per NSE bye-laws, rules and regulations, claims against the default broker, were invited from investors and deadline for submitting such investors’ claims was fixed as June 02, 2025. As the deadline for submitting investors’ claims against default broker Karvy Stock Broking Ltd. is approaching shortly, investors are advised to take note of the above deadline and are urged to file their claims online on NSE website (https://www.nseindia.com/complaints/details-to-be-provided-for-lodging-claims) before the stipulated deadline, if not lodged already. In case of any queries, investors may contact NSE…

21 May

New IPO: AEGIS VOPAK TERMINALS Rs. 2,800 CRORE IPO TO OPEN ON MAY 26

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#AegisVopakIPOMAY26 Price Band fixed at ₹ 223 to ₹ 235 per Equity Share of face value of ₹ 10 each (“Equity Share”); Bids can be made for a minimum of 63 Equity Shares RHP link: https://www.icicisecurities.com/Upload/ArticleAttachments/Aegis%20Vopak%20-%20Red%20Herring%20Prospectus.pdf Chandigarh: Aegis Vopak Terminals Ltd (“AVTL” or “The Company”) shall open its Bid / Offer in relation to its initial public offer of Equity Shares on Monday, May 26, 2025. The Anchor Investor Bidding Date shall be Friday May 23, 2025. The Bid/Offer will open on Monday, May 26, 2025 for subscription and will close on Wednesday, May 28, 2025. The Price Band of…