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ICICI Lombard, AWS Deploy Automated Disaster Recovery Solution to Strengthen Business Continuity
23 Jul

ICICI Lombard, AWS Deploy Automated Disaster Recovery Solution to Strengthen Business Continuity

MFNewsBrands, Breaking News, Business, Health, Insurance, Opinions, Travel
#ICICILombard #AWS #DisasterRecovery #CloudInfrastructure #BusinessContinuity #DigitalResilience #InsuranceTech Chandigarh: ICICI Lombard, one of India’s leading general insurers, has successfully upgraded its disaster recovery (DR) infrastructure in collaboration with Amazon Web Services (AWS). The company has transitioned its DR setup from the AWS Asia-Pacific (Mumbai) Region to the AWS Asia-Pacific (Hyderabad) Region, backed by a fully automated, cloud-native architecture designed to ensure uninterrupted services and rapid failover in the event of any disruption. This strategic move underscores ICICI Lombard’s continued focus on digital resilience and operational preparedness, particularly at a time when climate-related risks, global IT disruptions, and technology-related challenges are becoming…
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Private Banks See Two-Month Dip in Mutual Fund Allocations; Tactical Rebalancing at Play
23 Jul

Private Banks See Two-Month Dip in Mutual Fund Allocations; Tactical Rebalancing at Play

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Shares
#MutualFunds #PrivateBanks #MOFSLReport #BankingSector #EquityMarkets #PortfolioAllocation #FinancialServices Chandigarh: After hitting a 20-month high in April 2025, private banks’ share in domestic mutual fund (MF) portfolios has declined for the second consecutive month. According to the latest Motilal Oswal Financial Services (MOFSL) Fund Folio report, the sector’s allocation in June slipped to 17.9 percent, down 50 basis points (bps) from May. Despite this dip, private bank exposure remains 70 bps higher year-on-year (YoY), indicating that the broader long-term view on the sector remains intact. Fund managers attribute the recent decline not to a structural shift but to tactical, short-term reallocations aimed…
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Tata Steel Launches Aashiyana 3.0: India’s First Content-to-Commerce Homebuilding Platform
23 Jul

Tata Steel Launches Aashiyana 3.0: India’s First Content-to-Commerce Homebuilding Platform

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#TataSteel #Aashiyana3 #HomebuildingPlatform #ConstructionInnovation #ContentToCommerce #DIYHomebuilding #ArchitectureIdeas Chandigarh: Tata Steel, one of India’s most trusted names in construction and infrastructure, has launched Aashiyana 3.0, a next-generation platform that combines curated content with e-commerce to assist Individual Home Builders (IHBs) in creating their dream homes with greater certainty, efficiency, and control. Positioned as India’s first content-to-commerce homebuilding platform, Aashiyana 3.0 aims to redefine the home construction journey for consumers by integrating products, knowledge, and interactive tools in one digital ecosystem. A Revamped Experience for Home Builders The revamped portal has been designed with a consumer-first philosophy, offering not just Tata Steel’s…
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Mango Day Magic: Mango Ginger Kombucha Refresher Brings a Zesty Twist to Summer Celebrations
23 Jul

Mango Day Magic: Mango Ginger Kombucha Refresher Brings a Zesty Twist to Summer Celebrations

MFNewsBrands, Breaking News, Business, Entertainment, Health, Opinions, Travel
#MangoDay #KombuchaRefresher #TetleyKombucha #MangoRecipes #SummerDrinks #HealthyMocktails #MangoMagic Chandigarh: Mango Day is more than just a celebration of India’s favorite summer fruit — it’s a nod to the nostalgia of long, sunlit afternoons, refreshing flavors, and wellness-inspired indulgence. This year, the spotlight is on a vibrant new creation — the Mango Ginger Kombucha Refresher — a drink that pairs the golden richness of mango with the lively fizz of Tetley Ginger Lemon Kombucha. With its refreshing combination of juicy Alphonso or Kesar mango pulp, zesty lime, fresh mint, and a hint of raw honey, this beverage is being touted as the…
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IHCL and Ambuja Neotia Group Ink Deal for 15 New Hotels, Expanding Luxury Footprint in East and North-East India
23 Jul

IHCL and Ambuja Neotia Group Ink Deal for 15 New Hotels, Expanding Luxury Footprint in East and North-East India

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#IHCL #TajHotels #AmbujaNeotia #HospitalityGrowth #LuxuryHotels #EastIndiaTourism #NorthEastIndia #TajSeleQtions #TreeOfLife Chandigarh: Indian Hotels Company Limited (IHCL), India’s largest hospitality company and the parent of the iconic Taj brand, announced the signing of agreements for 15 new hotels in partnership with the Ambuja Neotia Group. This strategic collaboration will expand their combined portfolio to over 40 hotels, further cementing IHCL’s leadership in the luxury hospitality space and enhancing tourism in Eastern and North-Eastern India. The agreement, under a capital-light framework, represents one of the largest expansions by IHCL in the region. The 15 upcoming hotels will span key states including West Bengal,…
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Mahindra Finance Reports ₹530 Crore Profit in Q1 FY26; Interest Income Rises 15%
23 Jul

Mahindra Finance Reports ₹530 Crore Profit in Q1 FY26; Interest Income Rises 15%

MFNewsBrands, Breaking News, Business, Entertainment, Opinions, Shares, Technology
#MahindraFinance #Q1Results #FinancialResults #TractorFinancing #RuralFinance #NBFC #DigitalTransformation #LoanBookGrowth #InterestIncome Chandigarh, July 22, 2025: Mahindra & Mahindra Financial Services Limited (MMFSL), one of India’s leading non-banking financial companies (NBFCs), announced a consolidated net profit of ₹530 crore for the first quarter of the financial year 2025–26 (Q1 FY26). This marks a 3% year-on-year (YoY) increase compared to ₹514 crore reported in the same quarter last year. The performance comes on the back of steady growth in its loan portfolio, robust demand for rural financing, and a continued push towards digital transformation. Loan Book Expands 15% YoY MMFSL reported that its loan…
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The Wealth Company Mutual Fund Targets 1/3rd Share in Beyond B30 Mutual Fund Inflows by 2030
22 Jul

The Wealth Company Mutual Fund Targets 1/3rd Share in Beyond B30 Mutual Fund Inflows by 2030

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Technology, Travel
Focus on Tier 2 & Tier 3 Expansion Aligned with the Viksit Bharat Vision #TheWealthCompany #MutualFundsIndia #B30Markets #FinancialInclusion #ViksitBharat #WealthCreation #PantomathGroup #AIinFinance #Tier2Tier3 #InvestorEmpowerment #WomenInFinance #MutualFundDistribution #DigitalInvesting Chandigarh: The Wealth Company Mutual Fund (Wealth Company Asset Management Holdings Private Limited), part of the Pantomath Group, has announced an ambitious roadmap to capture up to one-third of mutual fund inflows from beyond B30 cities by 2030, with a special focus on Bharat markets—Tier 2 and Tier 3 towns. The firm is determined to build 45% of its investor base from these regions, driving financial inclusion and wealth creation for underserved communities…
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Amara Partners Receives Oversubscription on ₹600 Crore Base Fund; Activates Green Shoe Option of ₹200 Crore
22 Jul

Amara Partners Receives Oversubscription on ₹600 Crore Base Fund; Activates Green Shoe Option of ₹200 Crore

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Shares, Technology
#AmaraPartners #PrivateEquity #MidMarketInvestments #GreenShoeOption #AnandMahindra #PEFunds #IndianEconomy #PrivateEquityIndia #InvestorConfidence Chandigarh: Amara Partners, a mid-market private equity firm backed by prominent investor Anand Mahindra, has announced that its ₹600 crore base fund has been oversubscribed, reflecting strong investor confidence in its strategy to nurture India’s next generation of mid-market champions. With overwhelming interest from institutional investors and family offices, the firm has now opted to activate its green shoe option of up to ₹200 crore, expanding the total fund size to potentially ₹800 crore. Launch of the Amara Leadership Circle As part of its green shoe option, Amara Partners has introduced…
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Milky Mist Dairy Food Limited Files DRHP with SEBI for ₹2,035 Crore IPO
22 Jul

Milky Mist Dairy Food Limited Files DRHP with SEBI for ₹2,035 Crore IPO

MFNewsBrands, Breaking News, Business, Entertainment, Health, Opinions, Shares, Travel
#MilkyMistIPO #MilkyMistDairy #IPOAlert #SEBI #DRHP #ValueAddedDairy #DairyFMCG #PremiumDairyProducts #IndianIPO Chandigarh: Milky Mist Dairy Food Limited (Milky Mist), one of India’s fastest-growing packaged food and premium dairy product companies, has taken a significant step towards its public market debut. The company has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO) worth up to ₹2,035 crore. The IPO structure includes: Fresh issue of shares aggregating up to ₹1,785 crore. Offer for sale (OFS) of up to ₹250 crore by the promoter shareholders, Sathishkumar T and Anitha S. The…
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Bank of Baroda Celebrates 118th Foundation Day with Focus on Innovation, Digital Transformation, and Sustainability
22 Jul

Bank of Baroda Celebrates 118th Foundation Day with Focus on Innovation, Digital Transformation, and Sustainability

MFNewsBrands, Breaking News, Business, Opinions, Shares, Technology
Chandigarh: Bank of Baroda (BoB), one of India’s leading public sector banks, celebrated its 118th Foundation Day by unveiling a series of forward-looking initiatives aimed at redefining the future of banking through innovation, customer-centric services, and sustainability. The theme for this year’s Foundation Day, “Trust Empowered by Innovation,” reflects the Bank’s commitment to combining its century-old legacy of trust with cutting-edge technological advancements to enhance customer experience. The event was graced by Shri M. Nagaraju, Secretary, Department of Financial Services (DFS), who attended as the Chief Guest. Speaking at the ceremony, Shri Nagaraju highlighted the crucial role of public sector…
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