Breaking News Archives - Page 89 of 135

19 Jul

DBS Bank India Removes Prepayment & Foreclosure Charges for UDYAM‑Registered MSMEs, Targeting Greater Credit Flexibility

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One of the first banks in India to announce a blanket waiver across the full MSME spectrum; move aims to boost cash‑flow agility, refinance freedom and growth investments for entrepreneurs. Chandigarh: In a move positioned as a structural boost for small business financing, DBS Bank India Limited (DBIL) has waived all prepayment and foreclosure charges on term loans and other eligible credit facilities availed by UDYAM‑registered Micro, Small and Medium Enterprises (MSMEs). Effective immediately (prospective basis), the waiver applies to both new sanctions and existing active borrowers, eliminating a cost friction that has traditionally discouraged early repayment, refinancing or capital…

19 Jul

The Wealth Company Secures SEBI Nod; Enters ₹74.41 Trillion Indian Mutual Fund Industry With PE‑Style, Data‑Driven Approach

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#TheWealthCompany #MutualFunds #SEBIApproval #NewAMC #PantomathGroup #WealthCreation #FinancialInclusion #Tier3India #AIF #DataDrivenInvesting #AIinFinance #ViksitBharat #MakeInIndia #SustainableInvesting #InvestorEducation #AssetManagement Youngest AMC under Pantomath Group to leverage private‑equity grade research, AI‑enabled analytics and Tier‑3+ distribution focus to “democratize wealth creation” while aligning portfolios with India’s Viksit Bharat and Make in India priorities. Chandigarh: The Wealth Company Asset Management Holdings Private Limited (“The Wealth Company”), part of the Pantomath Group, has received final approval and Certificate of Registration from the Securities and Exchange Board of India (SEBI) to commence operations as a mutual fund. With this regulatory milestone, the firm formally adopts the brand identity…

19 Jul

रिलायंस इंडस्ट्रीज ने FY26 की दमदार शुरुआत की – मुकेश अंबानी

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रिलायंस इंडस्ट्रीज ने FY26 की दमदार शुरुआत की – मुकेश अंबानी Mumbai: मुकेश डी. अंबानी, चेयरमैन एवं प्रबंध निदेशक, रिलायंस इंडस्ट्रीज लिमिटेड (RIL) ने कहा कि कंपनी ने वित्त वर्ष 2026 की शुरुआत मजबूत वित्तीय और परिचालन प्रदर्शन के साथ की है। वैश्विक आर्थिक अनिश्चितताओं और ऊर्जा बाजार में उतार-चढ़ाव के बावजूद, Q1 FY26 में कंपनी का कंसोलिडेटेड EBITDA पिछले वर्ष की तुलना में बेहतर रहा। O2C व्यवसाय की मजबूतीअंबानी ने बताया कि तिमाही के दौरान कच्चे तेल की कीमतों में भारी उतार-चढ़ाव और ऊर्जा बाजार में अनिश्चितता बनी रही, लेकिन O2C (Oil-to-Chemicals) सेगमेंट ने मजबूत वृद्धि दर्ज की। घरेलू…

19 Jul

IndiQube Spaces Limited Set to Raise ₹700 Crore in IPO Starting July 23, 2025

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#IndiQubeIPO #FlexibleWorkspace #WorkspaceRevolution #IPO2025 #HybridWork #OfficeSolutions #QIB #RetailInvestors #ManagedOffices #IndiaMarkets Chandigarh: IndiQube Spaces Limited, a Bengaluru‑based managed workplace solutions provider, is all set to launch its ₹700 crore Initial Public Offering (IPO). The anchor investor book opens on Tuesday, July 22, 2025, followed by the IPO opening to the public from Wednesday, July 23, and closing on Friday, July 25. Share allotment is expected to be finalized by July 28, with listing on both BSE and NSE targeted around July 30. 🧾 Offer Structure & Pricing The IPO comprises a fresh issue of shares worth ₹650 crore and an Offer for Sale…

19 Jul

GNG Electronics Limited Announces ₹460 Crore Initial Public Offering; Issue Opens on July 23, 2025

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#GNGElectronicsIPO #IPO2025 #StockMarketIndia #ElectronicsBazaar #CapitalMarkets #InvestingInIndia #DebtFreeJourney #BookBuilding #RetailInvestors #MutualFunds #EquityMarkets #SEBI Chandigarh: GNG Electronics Limited (“GNG Electronics” or “the Company”), a leading player in the electronics refurbishing and distribution segment under the well-known “Electronics Bazaar” brand, is set to launch its Initial Public Offering (IPO) on Wednesday, July 23, 2025. The IPO will close for subscription on Friday, July 25, 2025, while the Anchor Investor Bidding Date is scheduled for Tuesday, July 22, 2025, one working day before the offer opens to the public. Price Band and Lot Size The Company has fixed the price band at ₹225 to…

19 Jul

Reliance Retail Acquires Kelvinator Forging a New Era in India’s Consumer Durables Market

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Reliance Retail Acquires Kelvinator Forging a New Era in India’s Consumer Durables Market Mumbai: Reliance Retail today announced the acquisition of Kelvinator, marking a landmark expansion in India’s rapidly growing consumer durables segment. The transaction underscores Reliance Retail’s commitment to shaping the future of everyday living in India by providing consumers across income segments with greater access to high-quality, technology-led, globally benchmarked home appliances. A Legacy Brand Meets a Scale Powerhouse Kelvinator, a brand with more than a century of trust and innovation globally, is widely recognized as a pioneer in electric home refrigeration. In India, the brand became an icon…

18 Jul

पिछले 20 साल में इक्विटी निवेशकों की संपत्ति 15 गुना बढ़ी – फंड्सइंडिया FundsIndia रिपोर्ट

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लंबी अवधि का निवेश बना अमीर बनने का सबसे बड़ा मंत्र #FundsIndia #SIP #इक्विटी #निवेशसलाह #WealthCreation #FinancialFreedom #MutualFundsSahiHai #InvestSmart #IndianEconomy मुंबई: अगर आपने 20 साल पहले शेयर बाजार में निवेश किया था और धैर्य बनाए रखा, तो आज आपकी संपत्ति 15 गुना तक बढ़ चुकी होती। FundsIndia की ताज़ा रिपोर्ट में यह चौंकाने वाला लेकिन प्रेरक खुलासा किया गया है। रिपोर्ट कहती है कि लंबी अवधि में इक्विटी निवेश सबसे बेहतर प्रदर्शन करता है और निवेशकों को पारंपरिक साधनों जैसे FD या सोना से कहीं ज्यादा रिटर्न देता है। रिपोर्ट की बड़ी बातें (Highlights): ✔ 20 वर्षों में इक्विटी ने…

18 Jul

IHCL Reports Record Q1 FY26 Results, Marks 13 Consecutive Quarters of Growth; Expands Portfolio to 390+ Hotels

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#IHCL #TajHotels #Q1Results #HospitalityIndustry #LuxuryHotels #GingerHotels #Sustainability #ESG #TravelAndTourism #IndianEconomy #GlobalHospitality Chandigarh: The Indian Hotels Company Limited (IHCL), India’s largest hospitality group and parent to the iconic Taj brand, announced its consolidated financial results for the first quarter ending June 30, 2025 (Q1 FY26), continuing its streak of record-breaking performance for the thirteenth consecutive quarter. The company reported strong revenue growth, robust profitability, and an aggressive expansion strategy, reinforcing its leadership position in the global hospitality industry. Financial Performance: Double-Digit Growth Across Metrics IHCL reported consolidated revenue of ₹2,102 crore for Q1 FY26, representing a 32% year-on-year increase compared to…

18 Jul

Nuvoco Vistas Reports Record Q1 FY26 Performance; Highest-Ever First-Quarter EBITDA and Strategic Expansion Plans

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#NuvocoVistas #Q1Results #CementIndustry #EBITDA #CapacityExpansion #VadrajAcquisition #BuildingMaterials #Premiumization #Sustainability #Deleveraging #IndianEconomy #ConstructionSector Panipat: Nuvoco Vistas Corp. Ltd., one of India’s leading building materials companies, announced its financial results for the quarter ended June 30, 2025 (Q1 FY26), delivering a strong performance marked by record profitability, volume growth, and strategic capacity expansion initiatives. The company achieved its highest-ever first-quarter consolidated EBITDA of ₹533 crore, driven by robust operational performance and premiumization strategies. Key Highlights for Q1 FY26 All-time high Q1 EBITDA: ₹533 crore Cement Sales Volume: 5.1 MMT, up 6% YoY Revenue Growth: 9% YoY, reaching ₹2,873 crore Net Debt Reduction:…

17 Jul

SBI Cuts Interest Rates on Select Short-Term Fixed Deposits by 15 Basis Points

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#SBI #FixedDeposits #FDRates #InterestRates #PersonalFinance #InvestSmart #BankingNews #SeniorCitizenBenefits #SafeInvestments #AmritVrishtiFD #SavingsOptions #IndianBanking Chandigarh: State Bank of India (SBI), the country’s largest public sector lender, has revised its fixed deposit (FD) interest rates for select short-term tenures, effective July 15, 2025. The move comes as part of the bank’s periodic review of deposit rates and follows trends in liquidity management and market conditions. The revision impacts short-term deposits ranging from 46 days to less than one year, while interest rates for all other tenures remain unchanged. What Has Changed? SBI has cut interest rates by 15 basis points (0.15%) for general…