Breaking News

IHCL Enters Sales, Marketing & Distribution Agreement with Storied ‘Clarks’ Brand
28 Aug

IHCL Enters Sales, Marketing & Distribution Agreement with Storied ‘Clarks’ Brand

MFNewsBrands, Breaking News, Business, Entertainment, Health, Shares, Travel
#IHCL #ClarksHotels #SeleQtions #IndianHospitality #TourismIndia #HeritageHotels #LuxuryTravel #Agra #Jaipur #Khajuraho #Lucknow #TajHotels #HotelIndustry #CulturalTourism #HospitalityNews Chandigarh – The Indian Hotels Company (IHCL), India’s largest hospitality enterprise and the brand behind the iconic Taj, has announced a strategic sales, marketing, and distribution partnership with the Clarks Group of Hotels, one of India’s oldest hospitality brands. As part of this alliance, four landmark Clarks hotels located in Agra, Jaipur, Khajuraho, and Lucknow will be brought under IHCL’s SeleQtions portfolio, a collection of curated hotels that celebrate distinct identities, heritage, and cultural relevance. The collaboration is also expected to facilitate future expansion of the…
Read More
SAEL Industries Commissions 298 MW (DC) Solar Power Project in Jalore, Rajasthan
28 Aug

SAEL Industries Commissions 298 MW (DC) Solar Power Project in Jalore, Rajasthan

MFNewsBrands, Breaking News, Business, Mutual Funds, Shares, Technology
#SAELIndustries #SolarPower #RenewableEnergy #Sustainability #GreenEnergy #CleanEnergy #SolarProject #EnergyTransition #Rajasthan #AtmanirbharBharat #ClimateAction Chandigarh – SAEL Industries Ltd., one of India’s leading integrated renewable energy companies, has achieved a major milestone by commissioning a 298 MW (DC) solar power project in the Jalore district of Rajasthan. The project, developed through its subsidiary Sunfree Energy RJP1 Pvt. Ltd., marks SAEL’s first solar venture in Rajasthan and reinforces the state’s position as a hub for renewable energy in India. The Jalore solar project has a capacity of 200 MW (AC) and 298 MW (DC), making it the largest solar project developed by SAEL that is…
Read More
Motilal Oswal, ICICI Prudential, and SBI Mutual Fund Lead Industry with Highest “Skin in the Game”
27 Aug

Motilal Oswal, ICICI Prudential, and SBI Mutual Fund Lead Industry with Highest “Skin in the Game”

MFNewsBrands, Breaking News, Business, Mutual Funds, Shares, Technology
#MutualFunds #Investing #MotilalOswal #ICICIPru #SBIMF #SkinInTheGame #SEBI #WealthManagement #RetailInvestors Mumbai – When it comes to mutual funds, investors often look for confidence signals from fund managers themselves. One of the strongest indicators is how much the fund houses invest in their own schemes — often referred to as having “skin in the game.” A new analysis of June 2025 data by Cafemutual reveals that Motilal Oswal MF, ICICI Prudential MF, and SBI MF top the list in absolute terms, with the highest investments in their own funds. Big Fund Houses, Big Commitments At the top of the list, Motilal Oswal Mutual…
Read More
Canada Sees Steep Decline in Student and Temporary Worker Arrivals in 2025 Amid Policy Shift
27 Aug

Canada Sees Steep Decline in Student and Temporary Worker Arrivals in 2025 Amid Policy Shift

MFNewsBreaking News, Opinions, Technology, Travel
#CanadaImmigration #InternationalStudents #TemporaryWorkers #HousingCrisis #CanadianEconomy #PolicyShift #WorkPermits #StudyPermits #LabourShortage #MigrationPolicy Ottawa: Canada is witnessing a dramatic decline in the number of international students and temporary workers entering the country, reflecting the government’s strategic push to rebalance immigration and ease pressure on housing, infrastructure, and essential services. Fresh data released up to June 30, 2025, shows a sharp drop of 214,520 arrivals compared to the same period last year. The fall is split between two categories: international students, down by 88,617, and temporary foreign workers, down by 125,903. In June 2025 alone, Canada admitted just 4,185 new students and 24,058 temporary…
Read More
CCI Approves Stake Acquisition in V.I.P. Industries by Multiples PE Funds and Sacheti Family Members
27 Aug

CCI Approves Stake Acquisition in V.I.P. Industries by Multiples PE Funds and Sacheti Family Members

MFNewsBrands, Breaking News, Business, Entertainment, Opinions, Shares, Travel
#VIPIndustries #CCINews #PrivateEquity #MultiplesPE #ConsumerGoods #IndianMarkets #TravelIndustry #LuggageMarket #MergersAndAcquisitions #BusinessNews New Delhi: The Competition Commission of India (CCI) has given its nod for the acquisition of a stake in V.I.P. Industries Limited, India’s leading luggage and travel accessories company, by a consortium of investors including Multiples Private Equity Fund IV, Multiples Private Equity Gift Fund IV, Samvibhag Securities Private Limited, and individual investors Mr. Mithun Padam Sacheti and Mr. Siddhartha Sacheti. The clearance comes as part of India’s competition law framework, which requires approval for significant acquisitions and mergers to ensure that they do not adversely impact market competition. Details…
Read More
TPG-Backed SK Finance Shelves India IPO Amid Weak Investor Demand
27 Aug

TPG-Backed SK Finance Shelves India IPO Amid Weak Investor Demand

MFNewsBreaking News, Business, Opinions, Shares, Travel
#SKFinance #IPOUpdate #TPG #NBFC #IndianMarkets #FinanceNews #IPOMarket #PrivateEquity #CapitalMarkets #InvestorSentiment Mumbai: In a significant setback for the non-banking financial company (NBFC) space, SK Finance Ltd, backed by global private equity giant TPG, has reportedly decided to shelve its much-anticipated ₹2,000+ crore initial public offering (IPO) after weak investor demand. Despite attempts to sweeten the offer by lowering its valuation and trimming the size of the issue, the IPO failed to attract sufficient interest, reflecting broader concerns in India’s capital markets and the lending sector. IPO Plan and Shelving Decision According to sources familiar with the matter, SK Finance had sought…
Read More
CCI Approves Adani Group’s Acquisition of Jaiprakash Associates Limited
27 Aug

CCI Approves Adani Group’s Acquisition of Jaiprakash Associates Limited

MFNewsBrands, Breaking News, Business, Opinions, Shares
#AdaniGroup #JaiprakashAssociates #CCIApproval #InfrastructureIndia #RealEstate #CementSector #CorporateInsolvency #IBC #AdaniEnterprises #IndianEconomy New Delhi: In a significant development in India’s infrastructure and real estate landscape, the Competition Commission of India (CCI) has approved the proposed acquisition of Jaiprakash Associates Limited (JAL) by entities of the Adani Group, paving the way for one of the largest transactions in the sector this year. The deal, which could involve up to 100% shareholding in JAL, underscores Adani’s aggressive expansion strategy across core infrastructure, real estate, and allied businesses. Details of the Transaction The proposed combination involves Adani Enterprises Limited (AEL) — the flagship of the…
Read More
Veritas Finance Delays ₹2,800-Crore IPO as US Tariffs Sour Sentiment for MSMEs
27 Aug

Veritas Finance Delays ₹2,800-Crore IPO as US Tariffs Sour Sentiment for MSMEs

MFNewsBreaking News, Business, Mutual Funds, Opinions, Shares, Technology
#VeritasFinance #IPOUpdate #MSMEs #NBFC #USIndiaTrade #MarketSentiment #FinancialInclusion #SMECredit #CapitalMarkets #EconomicOutlook Mumbai:Veritas Finance Pvt. Ltd., a non-banking finance company (NBFC) specializing in lending to micro, small, and medium enterprises (MSMEs), has decided to postpone its much-anticipated ₹2,800-crore Initial Public Offering (IPO), citing adverse market sentiment triggered by recent US tariff hikes. The move underscores the vulnerability of India’s MSME-focused lenders to global trade disruptions and rising economic uncertainties. Background: Veritas Finance’s Growth Story Founded in 2015 and headquartered in Chennai, Veritas Finance has built a niche lending model around small entrepreneurs, traders, transport operators, and low-income households. The company provides: Working…
Read More
India Sees Surge in OPD Spending, but Insurance Adoption Remains Limited: Experts
27 Aug

India Sees Surge in OPD Spending, but Insurance Adoption Remains Limited: Experts

MFNewsBrands, Breaking News, Business, Health, Insurance, Opinions, Technology
#HealthcareIndia #OPDSpending #InsuranceGap #HealthInsurance #MedicalCosts #OPDCoverage #FinancialProtection #HealthcarePolicy #OutOfPocketExpenditure #InsuranceAwareness New Delhi: India’s healthcare landscape is witnessing a significant shift with outpatient department (OPD) spending rising sharply, yet the adoption of OPD insurance coverage continues to remain restricted. Experts note that while hospitalisation insurance products have seen steady penetration in the past decade, the inclusion of OPD benefits within health policies has not kept pace, leaving individuals to shoulder a large share of their day-to-day medical costs. According to healthcare and insurance industry specialists, the growing burden of OPD expenditure is being driven by factors such as lifestyle-related illnesses, preventive…
Read More
Globtier Infotech Ltd Launches ₹31-Crore IPO on BSE SME Platform
27 Aug

Globtier Infotech Ltd Launches ₹31-Crore IPO on BSE SME Platform

MFNewsBrands, Breaking News, Business, Entertainment, Health, Mutual Funds, Shares, Technology, Travel
#GlobtierInfotech #IPO2025 #SMEIPO #BSESME #IndianStockMarket #TechIPO #ITServices #CapitalMarkets #IPOAlert #InvestmentOpportunity #DigitalIndia Mumbai: The primary market in India continues to remain active in 2025, and the latest company preparing to make its debut is Globtier Infotech Ltd, a Noida-based IT services provider. The company has officially launched its Initial Public Offering (IPO) to raise ₹31.05 crore, with shares set to be listed on the BSE SME platform. The issue opens for subscription on August 25, 2025, and will close on August 28, 2025. Shares are expected to debut on the exchange on September 2, 2025. The public issue is expected to…
Read More
Like Us
Follow Us
Follow us