Business Archives - Page 131 of 177

01 May

NSDC International and Takamol Holding to Power Saudi Arabia’s Workforce Transformation

MFNewsBusiness, Opinions, Technology, Travel

#NSDCTakamolSaudiArabia Strategic Skilling Partnership Signed Between Chandigarh: In a breakthrough moment for global workforce development, NSDC International (NSDCI) and Takamol Holding have signed a strategic agreement to collaborate on the Skill Accelerator Program — a flagship initiative of the Government of Saudi Arabia, focused on shaping the future of workforce readiness and human capital excellence in alignment with Vision 2030. At the heart of Saudi Arabia’s economic transformation lies the urgent need to align workforce capabilities with rapidly evolving industry needs. The Skill Accelerator Program is designed to address this imperative by identifying sector-specific skill gaps, co-creating dynamic skilling strategies,…

01 May

Vedanta Limited FY25 Profit zooms 172% to ₹ 20,535 crores

MFNewsBrands, Business, Shares, Technology

#VedantaFY25ProfitUp172percent - Records highest-ever annual revenue and 2nd highest ever annual EBITDA Chandigarh: Vedanta Limited (BSE: 500295, NSE: VEDL) today announced its Consolidated Results for the fourth quarter and the full year ended 31st Mar 2025. Vedanta delivered robust financials with FY25 revenue soaring 10% YoY to ₹ 1,50,725 crores1, its highest ever. The company’s EBITDA for FY25 stood at ₹ 43,541 crores1, up 37% YoY, second highest for the company. Vedanta’s profit after tax for FY25 jumped 172% YoY to ₹ 20,535 crores. The company’s Q4 revenue reached an all-time high at ₹ 39,789 crores, up 14% YoY. In…

01 May

India Unveils Vision for a USD 60 Billion Gaming Economy: India Gaming Report 2025 Released

MFNewsBrands, Business, Entertainment, Opinions, Technology, Travel

#IndiaUSD60BillionGamingEconomy #IndiaGamingReport2025 ● Gaming Set to Become the Backbone of India's USD 1 Trillion Digital Economy Vision Chandigarh: India today officially launched the much-anticipated India Gaming Report 2025, a landmark study jointly developed by WinZO and the Interactive Entertainment and Innovation Council (IEIC), projecting India’s gaming sector to reach a staggering USD 60 billion market size by 2034. With a current valuation of USD 3.7 billion (2024) and a projected CAGR of 19.6% (FY24–29E), India’s gaming industry is on a high-growth trajectory, expected to cross USD 9.1 billion by 2029. The sector is home to 1,888 gaming companies, employs over…

01 May

SBI General Insurance Launches Flexi Home Insurance: A Customizable Home Insurance

MFNewsBrands, Breaking News, Business, Insurance, Shares, Technology

#SBIGIFlexiHomeInsurance Chandigarh: SBI General Insurance, one of India’s leading general insurance providers, has launched SBI General Flexi Home Insurance. It is a comprehensive and flexible insurance policy designed to provide financial security to diverse residential needs, including owned and rented properties, as well as housing societies. The ‘SBI General Flexi Home Insurance’ offers greater flexibility and allows customers to design a tailor-made home insurance policy as per their requirements. The unique feature of this product is that it offers customer a Stand-Alone “Fire" only insurance cover as mandatory, complemented by an extensive range of perils and add-ons that ensures personalized…

30 Apr

Now You can invest in Digital Gold SIP starting as low as ₹50

MFNewsBrands, Breaking News, Business, Mutual Funds, Technology

Aditya Birla Capital Digital launches Digital Gold SIP on the ABCD Mobile App #ABCDDigitalGoldSIP #InvestDigitalGoldSIP50INR Chandigarh: Aditya Birla Capital Digital Limited (“ABCDL”), the digital-first D2C arm of India’s leading financial services company, Aditya Birla Capital, today, announced the launch of Digital Gold SIP - a systematic investment plan that enables users to invest in digital gold starting at just ₹50 for weekly SIPs and ₹100 for monthly SIPs. This feature is available on the ABCD mobile app. Digital Gold SIP brings together India’s widely adopted investment method, with an asset class deeply rooted in tradition. By enabling regular, automated investments,…

30 Apr

Embassy REIT Grows Distributions by 8% in FY2025 and Projects Double-Digit Distribution Growth in FY2026

MFNewsBreaking News, Business, Shares, Technology, Travel

#EmbassyREITGrowth · Delivers distributions of ₹2,181 crores (₹23.01 per unit), exceeds mid-point distribution guidance by 1.1% · Grows Revenue and Net Operating Income by 10% YoY to annual record of ₹4,039 crores and ₹3,283 crores, respectively Chandigarh: Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, reported results today for the fourth quarter and full year ended March 31, 2025. Ritwik Bhattacharjee, Chief Executive Officer of Embassy REIT, said, “We’re delighted to report another excellent year for Embassy REIT as we mark six years since our listing in April 2019. In FY2025,…

30 Apr

Capital Small Finance Bank PAT increases 18% Y-O-Y, Rs. 132 crore for FY25

MFNewsBusiness, Opinions

#CapitalSmallBankPAT132cr PAT increases 18% Y-O-Y, Rs. 132 crore for FY25 NIM for FY25 4.2%, improved from 3.9% in FY24 Chandigarh, April 29, 2025: Capital Small Finance Bank Ltd, India’s first small finance bank to commence operation in 2016, declared its audited financial results for Q4 FY25 and year ended on March 31, 2025. Celebrating nine years of pioneering banking access in rural and semi-urban India as a small finance bank, the Bank continues to deliver consistent performance across all key metrics, with a sharp focus on profitability, asset quality, and inclusive growth. Mr. Sarvjit Singh Samra, MD & CEO of…

30 Apr

Vi expands 5G network to Chandigarh Region

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#Vi5GnetworkChandigarh Following strong launch performance in Mumbai Chandigarh: Leading telecom operator Vodafone Idea (Vi), announced the launch of its 5G services in Chandigarh Region including Chandigarh, Mohali, Zirakpur and Kharar. This expansion follows the successful 5G rollout in Mumbai this March, where over 70% of eligible users are already experiencing 5G services, and contributing up to 20% of the total data traffic on the network. Vi has also expanded its 5G services to Patna recently. As part of the expansion, Vi users with 5G devices in the Chandigarh region will gain immediate access to Vi’s 5G services. This rollout will…

30 Apr

Mahindra to acquire 58.96% stake in SML Isuzu for INR 555 crore to strengthen position in the Trucks and Buses segment

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#MahindrastakeSMLIsuzu Chandigarh: Mahindra & Mahindra Ltd (“M&M”) today announced that it has entered into an agreement to acquire 58.96% stake in SML Isuzu Ltd. (“SML”) at INR 650 per share, which is an outlay of INR 555 crore. In addition, M&M will make an open offer in accordance with SEBI Takeover Regulations. The proposed acquisition is a step towards establishing a strong presence in the >3.5T CV segment, where M&M has a 3% market share today, as compared to a 52% market share in the <3.5T LCV segment. M&M’s Trucks and Buses Division has made meaningful progress over the past…

30 Apr

AIR INDIA EXPRESS TO SHOWCASE NEW EXPERIENCE TOGETHER AT ARABIAN TRAVEL MARKET, DUBAI 2025

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#AIRINDIADUBAI2025 Chandigarh: Air India and Air India Express are set to participate in the Arabian Travel Market (ATM) 2025, to be held from 28 April to 1 May at the Dubai World Trade Centre (DWTC), UAE. Located at booth numbers AS7290 and AS7295 in the Asia pavillion of hall 8, the two airlines will present their complementary strengths in a modern, immersive space, designed to reflect the bold new era of the two airlines. The Arabian Travel Market has been a gateway to global travel and tourism growth, unlocking business potential for the industry for over three decades. Spanning over…