Breaking News Archives - Page 97 of 134

05 Jul

Muthoot FinCorp Launches Tranche VI of NCD Issue to Raise ₹290 Crore – Attractive Returns up to 9.80%

MFNewsBrands, Breaking News, Business, Opinions, Shares, Technology

#MuthootFinCorp #NCDInvestment #FixedIncome #SecureReturns #HighInterest #MuthootNCD #FinancialPlanning #WealthManagement #InvestSmart #BondsIndia Chandigarh — Muthoot FinCorp Limited, a prominent non-banking financial company (NBFC) and the flagship entity of the Muthoot Pappachan Group, has announced the launch of its Tranche VI secured, redeemable, non-convertible debenture (NCD) issue, aimed at raising up to ₹290 crore. The issue opened for public subscription on July 4, 2025, and will remain open until July 17, 2025, with a provision for early closure based on investor response. 🔹 Issue Details at a Glance Total Issue Size: ₹290 crore Base Issue: ₹100 crore Green Shoe Option: ₹190 crore Face Value:…

05 Jul

Indian Engineering Students Can Now Pursue Master’s Degrees at Austria’s Top Technical Universities through VFS Education Services Partnership

MFNewsBrands, Breaking News, Entertainment, Health, Technology, Travel

#StudyInAustria #GlobalEducation #IndianStudentsAbroad #EngineeringMasters #SustainableTech #HigherEducationOpportunities #VFSGlobal #TUWien #TUGraz Chandigarh — In a major development for international education and Indo-Austrian cooperation, VFS Education Services has signed a strategic agreement with three of Austria’s most prestigious public Technical Universities — TU Wien (Vienna), TU Graz, and TU Leoben. This landmark partnership paves the way for Indian engineering graduates from ANABIN-recognized institutions to pursue advanced degrees in engineering and technology in Austria. Through this public-private initiative, students from recognised Indian colleges will gain access to high-quality education in one of Europe’s most academically renowned and technologically advanced countries. The programme offers not just…

04 Jul

🏦 RBI Moves to Boost Borrower Freedom: Bans Prepayment Charges on Floating‑Rate Loans from Jan 1, 2026

MFNewsBreaking News, Business, Mutual Funds, Shares

#RBI #PrepaymentFree #FloatingRateLoans #DebtFreedom #BankingReform #BorrowerBenefit #HomeLoan #PersonalLoan #MSMELending #LoanTransparency New Delhi: In a major financial policy update, the Reserve Bank of India (RBI) has issued a comprehensive directive that will waive prepayment charges on all floating-rate loans initiated on or after January 1, 2026. The move empowers borrowers with greater freedom, transparency, and flexibility in managing their debt, while also fostering competitiveness among lenders. 🚀 What’s Changing? From January 1, 2026, any borrower with a floating-rate loan—whether a home loan, personal loan, or other variable‑rate credit from a bank or regulated entity—will no longer be charged any fee for full or partial prepayments.…

04 Jul

🏠 Bank of Baroda Reduces Home Loan Rate to 7.45% & Waives Processing Fees — Making Dreams Affordable! #HomeLoan #BOB #LoanGrowth

MFNewsBrands, Breaking News, Business, Insurance, Opinions, Shares

#BankOfBaroda #HomeLoan #InterestRateCut #AffordableHousing #CreditGrowth #ZeroProcessingFee #LoanAffordability #MakeInIndia #RBI Chandigarh — Bank of Baroda, one of India’s premier public sector banks, has announced a further reduction in its home loan interest rate to an attractive 7.45% p.a., effective immediately, along with Nil (zero) processing fee on applications. This bold move is designed to enhance affordability, fuel credit growth, and support aspiring homeowners. 📉 From 8.00% to 7.45% — A Path of Progressive Affordability In June, Bank of Baroda had already reduced its home loan rate from 8.00% to 7.50% p.a., responding swiftly to the Reserve Bank of India’s policy rate cuts.…

04 Jul

⚙️ Steaming Ahead: Steamhouse India Files Confidential DRHP with SEBI for IPO | Revolutionizing Industrial Steam Supply

MFNewsBrands, Breaking News, Business, Opinions, Shares, Technology

#SteamhouseIndia #IPOAlert #SEBIFiling #GreenIndustry #IndustrialInnovation #MakeInIndia #WasteToSteam #IndustrialUtilities #SuratStartups Chandigarh: Steamhouse India, the Surat-based pioneer in centralized steam supply for industries, has filed a Confidential Draft Red Herring Prospectus (CDRHP) with the Securities and Exchange Board of India (SEBI) as it prepares for its much-anticipated Initial Public Offering (IPO). While the official IPO issue size hasn’t been disclosed in the public filing dated July 1, 2025, market insiders peg the expected raise between ₹500–700 crore. 🔧 India’s First Centralized Steam Supplier Founded in 2014 under the industrial legacy of the Sanjoo Group, Steamhouse India has emerged as a category creator…

04 Jul

🌍 Nippon India Mutual Fund Launches MNC-Focused Scheme: Tapping Into Global Brands with Indian Roots

MFNewsBrands, Breaking News, Business, Mutual Funds, Shares, Technology

🌍 Nippon India Mutual Fund Launches MNC-Focused Scheme: Tapping Into Global Brands with Indian Roots Chandigarh: Nippon India Mutual Fund, one of the largest asset management companies in the country, has announced the launch of the Nippon India MNC Fund—a thematic equity scheme focused on multinational companies (MNCs) with operations in or from India. The New Fund Offer (NFO) opened recently and will remain available for subscription until July 16, 2025. This open-ended equity scheme provides investors a unique opportunity to gain exposure to globally diversified businesses that benefit from strong corporate governance, global standards, and deep market penetration—both in…

04 Jul

🆕 NFO: TRUST Mutual Fund Launches Multi Cap Fund: A Diversified Strategy for Dynamic Equity Investing

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Shares, Technology

🆕 TRUST Mutual Fund Launches Multi Cap Fund: A Diversified Strategy for Dynamic Equity Investing #TRUSTMutualFund #MultiCapFund #EquityInvesting #MutualFundsIndia #TerminalValueInvesting #GARVModel #IndiaGrowthStory Chandigarh: TRUST Mutual Fund has announced the launch of the TRUSTMF Multi Cap Fund, a diversified, open-ended equity scheme designed to capture investment opportunities across large-cap, mid-cap, and small-cap stocks. The fund is strategically positioned to help investors participate in India's long-term economic growth through a balanced and research-driven equity portfolio. The New Fund Offer (NFO) is open from June 30, 2025, and will close on July 14, 2025. This scheme is benchmarked to the NIFTY 500 Multi…

04 Jul

JM Financial Mutual Fund Launches JM Large and Mid Cap Fund: A Strategic Blend for Growth and Stability

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Shares, Technology

#JMFinancial #MutualFunds #LargeAndMidCap #NewFundOffer #EquityInvesting #GeeQModel Chandigarh: JM Financial Mutual Fund has launched its latest offering — the JM Large and Mid Cap Fund, an open-ended equity scheme that seeks to invest in a well-balanced mix of large-cap and mid-cap stocks. The New Fund Offer (NFO) opens for subscription on July 4, 2025, and closes on July 18, 2025. Investment Strategy: A Balanced Approach The JM Large and Mid Cap Fund is designed to offer investors the stability of large-cap companies — typically industry leaders with strong balance sheets — alongside the growth potential of mid-cap firms, which are often…

03 Jul

Axis Mutual Fund Launches Axis Services Opportunities Fund to Harness India’s Services-Led Growth

MFNewsBrands, Breaking News, Business, Health, Mutual Funds, Opinions, Shares, Technology, Travel

#NFO #AxisMutualFund #AxisMFServicesOpportunitiesFund #AxisServicesOpportunitiesFund #IndiaServicesLedGrowth Chandigarh: Axis Mutual Fund, one of India’s most prominent asset management companies, has introduced its latest thematic equity scheme — the Axis Services Opportunities Fund. With a focus on capturing India’s rapidly evolving services economy, the fund opens for subscription on July 4, 2025, and closes on July 18, 2025, under its New Fund Offer (NFO). This open-ended equity scheme seeks to invest in companies that are at the forefront of India's services-led transformation. By tapping into the country’s most dynamic and capital-efficient businesses, Axis AMC aims to offer long-term capital appreciation to investors through…

03 Jul

ICICI Prudential Mutual Fund Launches Nifty Private Bank Index Fund to Tap India’s Banking Growth Story

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Shares

#NFO #ICICIPruMFund #ICICIPruMFundNiftyPrivateBankIndexFund #NiftyPrivateBankIndexFund #IndiaBankingGrowthStory Chandigarh: ICICI Prudential Mutual Fund, one of India’s leading asset management companies, has launched a new open-ended index scheme—ICICI Prudential Nifty Private Bank Index Fund—targeted at investors seeking low-cost, rule-based exposure to the country’s thriving private banking sector. The New Fund Offer (NFO) opened on July 1, 2025, and will remain available for subscription until July 14, 2025. This latest offering seeks to replicate the performance of the Nifty Private Bank Total Return Index (TRI), comprising India’s top 10 private sector banks. The move underscores ICICI Prudential’s commitment to bringing accessible, cost-efficient investment options to…