Breaking News Archives - Page 113 of 133

21 May

NFO: Unifi MF launches Flexi Cap Fund; NFO open till May 30

MFNewsBrands, Breaking News, Business, Mutual Funds, Technology

#UnifiMFFlexiCapFund #UnifiNFOopentillMay30 Unifi MF launches Flexi Cap Fund; NFO open till May 30 Mumbai: Unifi Mutual Fund has launched its second offering, the Unifi Flexi Cap Fund, with the New Fund Offer (NFO) open till May 30, 2025. The fund is an open-ended equity scheme that will invest across large-cap, mid-cap, and small-cap stocks. It aligns with the fund house’s Growth at a Reasonable Price (GARP) investment strategy. The Flexi Cap Fund aims to build a diversified portfolio of 50–70 stocks drawn primarily from the Nifty 500 universe. It also plans to include tactical bets from the next 500–750 companies…

21 May

PNB Housing Finance Expands Healthcare Access for Underprivileged Communities in association with Wockhardt Foundation

MFNewsBrands, Breaking News, Business, Health, Opinions, Technology, Travel

#PNBHousingFinanceExpandsHealthcare Chandigarh: PNB Housing Finance, one of India’s leading housing finance companies, through its CSR arm Pehel Foundation, announced the launch of the second phase of its Mobile Medical Unit (MMU) Program in partnership with Wockhardt Foundation. The program is aimed at improving primary healthcare access for construction workers and underprivileged communities across key regions of Delhi, Mumbai, Chennai and Ahmedabad, providing doorstep medical services to them. The program is designed to address the lack of accessible and affordable healthcare services near construction sites and slum areas. Construction workers and their families often forego basic medical treatment due to high…

21 May

Embassy REIT Prices ₹2,000 crores Debt at 7.21%

MFNewsBreaking News, Opinions, Shares, Technology

#EmbassyREIT Mumbai: Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced today that it has successfully raised ₹2,000 crores of coupon-bearing debt at an interest rate of ~7.21% for a 3 year-tenor. The proceeds will be used to refinance certain existing debt and will save c.77 basis points (bps) in interest costs compared to the current rate. Ritwik Bhattacharjee, Chief Executive Officer of Embassy REIT, said, “We are pleased to announce this ₹2,000 crore fundraise at an attractive rate of ~7.21%. This transaction showcases Embassy REIT’s fortress balance sheet and reinforces…

20 May

‘टाइम100 फिलैंथ्रॉपी 2025’ की वैश्विक सूची में शामिल मुकेश और नीता अंबानी

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#TIMEMukeshAmbaniandNitaAmbani • खेल, शिक्षा और स्वास्थ्य में क्रांतिकारी सहयोग, अंबानी दंपति ने फिर किया देश को गौरवान्वित New Delhi नई दिल्ली: प्रसिद्ध अमेरिकी पत्रिका ‘टाइम’ ने अपनी पहली 'टाइम100 फिलैनथ्रॉपी 2025' सूची जारी की है, जिसमें उन 100 वैश्विक हस्तियों को स्थान मिला है जो दान और समाज सेवा के क्षेत्र में भविष्य को आकार दे रहे हैं। इस प्रतिष्ठित सूची में मुकेश और नीता अंबानी का नाम भी शामिल किया गया है, जो भारत के लिए गौरव का विषय है। रिलायंस इंडस्ट्रीज़ के चेयरमैन और मैनेजिंग डायरेक्टर मुकेश अंबानी तथा रिलायंस फाउंडेशन की संस्थापक और चेयरपर्सन नीता अंबानी ने…

20 May

Mutual Funds adds More then 3 lakh new investors in the April, 2025

MFNewsBrands, Breaking News, Business, Mutual Funds, Technology

#MFadds3lakhnewinvestorsinApril The industry also recorded 18 lakh new folios during April Mumbai: The latest MF industry data shows that the industry has added 3 lakh unique investors in the MF fold in April 2025. The unique investor count of the industry has increased from 5.42 crore in March 2025 to 5.45 crore in April 2025. The industry has also added 18 lakh new folios during this month. With this, the total MF folio count has increased to 23.63 crore in April 2025. -The MF industry has recorded registration of 46 lakh in April new SIPs compared to 40.2 lakh in…

20 May

NFO: Motilal Oswal MF launches Services Fund, Open on 20 May

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#MotilalOswalMFServicesFund Chandigarh: Motilal Oswal Mutual Fund has launched the Motilal Oswal Services Fund, an open-ended equity scheme focused on India’s services sector. The New Fund Offer (NFO) will open on Tuesday (May 20) and close on June 3, 2025. The scheme aims to generate long-term capital appreciation by investing in equity and related instruments of companies that derive most of their income from the services sector. It will invest across market capitalizations. The fund’s benchmark is the Nifty Services Sector Total Return Index (TRI). The investment strategy focuses on identifying companies expected to benefit from the expansion of India’s services sector.…

20 May

Vi Launches New Campaign; highlights addition of over 1,00,000 Towers in 6 months

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#Vi1lakhTowersin6months Riding the wave of cricket fever, Vi introduces network avatars - Netties Chandigarh/Ludhiana: Vi, India’s leading telecom operator, today unveiled its latest campaign, celebrating a significant milestone – the addition of over 1,00,000 towers across India in 6 months of FY2425. This achievement highlights Vi’s commitment to strengthening its network infrastructure, underlines its scale and speed in network infrastructure expansion. Taking its network narrative forward in a refreshing and engaging format, the campaign debuts Vi’s all new Network Avatars – The Netties, - a set of animated characters inspired by mobile towers. Riding on the wave of IPL excitement,…

19 May

IPO: Belrise Industries IPO issue opens on May 21, Price band ₹85-90 per share

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#BelriseIndstriesIPOonMay21 Mumbai: Belrise Industries IPO price band has been fixed in the range of ₹85 to ₹90 per equity share of the face value of ₹5. Belrise Industries IPO date of subscription is scheduled for Wednesday, May 21 and will close on Friday, May 23. The allocation to anchor investors for the Belrise Industries IPO is scheduled to take place on Tuesday, May 20. The floor price is 17 times the face value of the equity shares and the cap price is 18 times the face value of the equity shares. The price to earnings ratio based on diluted EPS…

19 May

DBS Bank India revises savings account rates; offers up to 5.5% interest

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#DBSBanknewsavingsrates Customers with domestic savings between ₹5 lakh and ₹50 lakh will now earn 5.50% interest per annum Mumbai: DBS Bank India has increased its savings account interest rates across different balance slabs, offering one of the highest rates in the banking industry. Customers with domestic savings between ₹5 lakh and ₹50 lakh will now earn 5.50% interest per annum. This is nearly double the rate offered by many other banks for the same balance slab, the lender said in a statement. The bank offers a tiered rate structure for both resident and non-resident account holders. Up to ₹2 lakh:…

19 May

AUM of Mutual Fund rises 23% in FY25 to ₹65.74 lakh crore

MFNewsBreaking News, Mutual Funds, Opinions, Technology

#MFAUMrisesto66lakhcr The growth was driven by net inflows of ₹8.15 lakh crore and mark-to-market gains in both equity and debt segments Mumbai: The Indian mutual fund industry closed FY25 with total assets under management (AUM) at ₹65.74 lakh crore. In total, the industry registered a 23.1% year-on-year increase from ₹53.40 lakh crore in FY24, according to data from the Association of Mutual Funds in India (AMFI). The growth was driven by net inflows of ₹8.15 lakh crore and mark-to-market gains in both equity and debt segments. Equity-oriented schemes accounted for the highest net inflows in FY25 at ₹4.17 lakh crore,…