Business Archives - Page 132 of 177

29 Apr

Poonawalla Fincorp Implements AI-Powered Debt Management Platform

MFNewsBrands, Breaking News, Business, Mutual Funds, Technology

#PoonawallaFincorpAIDebt Chandigarh: Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group promoted NBFC, focused on Consumer & MSME Lending, has announced the implementation of advanced AIpowered debt management platform to transform its debt management processes, redefining the collections journey in the lending sector. This aims to enhance efficiency across processes, strategic designs, and governance framework. Central to this transformation is an advanced engine that autonomously analyzes data from customer interactions, including digital communications, tele-calling, and field operations. It offers a multi-layered, multi-channel intervention mechanism that enhances efficiency, reducing 4-5 days of manual effort typically needed for managing collection communications. The platform…

29 Apr

Karnataka High Court Quashes FIR Against Infosys Co-founder Kris Gopalakrishnan

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#FIRInfosysKrisGopalakrishnan · Grants liberty to initiate criminal contempt proceedings against the complainant Chandigarh: The Karnataka High Court has quashed an FIR registered against Infosys co-founder Kris Gopalakrishnan and others under the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act, 1989. The Court termed the complaint “an abuse of the process of law” and granted liberty to initiate criminal contempt proceedings against the complainant. Justice Hemant Chandangoudar, who passed the order on April 16, observed that the complaint was a “vexatious attempt to harass the petitioners.” The FIR was based on a private complaint filed by D. Sanna Durgappa,…

29 Apr

Nita M Ambani: “ESA match is a day of celebration of hope, of dreams and of joy, children can dream and be what they want to be”

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#NitaMAmbaniESA Mumbai: As Mumbai Indians took on Lucknow Super Giants at the historic Wankhede Stadium on Sunday, all you could see in the stands was a sea of blue as over 19,000 kids from across the city packed out the stadium with their exuberant cheers and rooted for their very own Mumbai Indians. Mrs. Nita M. Ambani spoke about what makes the annual Education and Sports for All (ESA) day match a huge favourite among the players. “This is not just a match. It is a celebration of hope, of dreams and of joy. It is MI’s favourite matchday for…

29 Apr

NFO: Motilal Oswal MF launches infrastructure fund

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#MotilalOswalMFinfrafund The NFO is currently open and will close on May 7, 2025 Chandigarh: Motilal Oswal Mutual Fund has launched Motilal Oswal Infrastructure Fund, an open-equity fund. The fund will invest in companies engaged directly or indirectly in infrastructure sector. Ajay Khandelwal, Fund Manager – Equity, Atul Mehra, Fund Manager – Equity, Bhalchandra Shinde Associate Fund Manager – Equity, Rakesh Shetty Fund Manager Debt and Sunil Sawant, Fund Manager - Overseas Securities will co-manage the fund. In a press release, Prateek Agrawal, MD & CEO, Motilal Oswal MF said, "India's infrastructure growth is gaining momentum. Motilal Oswal Infrastructure Fund provides…

29 Apr

NFO: Edelweiss MF launches Edelweiss BSE Internet Economy Index Fund

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#EdelweissMFBSEInternetFund The NFO opens on April 25 and closes on May 9. Chandigarh: Edelweiss Mutual Fund has launched Edelweiss BSE Internet Economy Index Fund, an open-ended index fund replicating the BSE Internet Economy Total Return Index. Currently, the index comprises the top 20 companies selected from the BSE 500 based on their six-month average market capitalisation. The index spans 11 sub-industries, including e-retail, internet and catalogue retail, e-learning, digital entertainment, financial technologies and other digitally driven sectors, offering investors targeted exposure to internet-led growth story. Moreover, the index consists only of Internet Economy-linked stocks, having no allocation towards IT and…

28 Apr

IEPFA Hosts Preparatory Meeting with Stakeholder Companies for ‘Niveshak Shivir’ Initiative

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#IEPFANiveshakShivir "Niveshak Shivir" is an Initiative with dedicated Company Kiosks to help Investors Claim Unclaimed Dividends New Delhi: In a step forward to enhance investor services and streamline the claims process, the Investor Education and Protection Fund Authority (IEPFA), under the aegis of the Ministry of Corporate Affairs, Government of India, convened a preparatory meeting with Nodal Officers of stakeholder companies through video conference on April 28, 2025 chaired by Smt. Anita Shah Akella, Chief Executive Officer, IEPFA. This meeting was aimed at finalizing operational details for "Niveshak Shivir" - a collaborative initiative of IEPFA and the Securities and Exchange…

28 Apr

SMART Bazaar Announces the Full Paisa Vasool Sale

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#SMARTBazaarFPVSale Get Ready, India – The Biggest Shopping Extravaganza is Here! Mumbai: SMART Bazaar’s most awaited Sale event is back — and it’s bigger, bolder, and better than ever! SMART Bazaar Full Paisa Vasool SALE hit stores nationwide from 30th April to 4th May, and it’s going to be five unforgettable days of jaw-dropping deals and unbeatable discounts! With over 930+ SMART Bazaar stores across the country, this mega hypermarket retail chain is ready to take the nation by storm! From groceries, fashion, homecare, appliances, and more — get set for a shopping spree that promises maximum savings and total…

28 Apr

Vedanta Power Supports Set-up of Punjab’s Largest Torrefied Biomass Plant to Fight Stubble Burning

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#VedantaPowerPunjab #VedantaPowerTorrefiedBiomass · Will potentially avert nearly 2.6 million tons of CO₂ emissions Mansa: Talwandi Sabo Power Limited (TSPL), a Vedanta Power company and North India’s largest private thermal power producer, has led to the establishment of Punjab’s biggest biomass manufacturing facility, produced in the form of torrefied bio-pellets, near its 1980 MW thermal plant in Mansa. Torrefied biomass is a high-grade, solid biofuel made from biomass or agricultural residue through a thermochemical process. The end-product is a high-quality biofuel with far greater energy density than the original feedstock. TSPL is a highly advanced, supercritical thermal power plant and can only…

28 Apr

Godrej introduces compact personal room cooler ‘Edge Minicool’

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#GodrejcoolerEdgeMinicool ~ Targets 50% growth from the air cooler category next year~ Chandigarh: Considering the harsh summer temperatures and prioritising the consumer’s urgent need for multiple cooling solutions at home, the Appliances Business of Godrej & Boyce, part of Godrej Enterprises Group has introduced its latest offering in the air cooler segment – Edge Minicool, a compact personal cooler. The product is designed to meet the growing demand for portable, elegant-looking and effective cooling solutions. Godrej’s Edge Minicool is a slim, compact and convenient personal air-cooler that can be moved anywhere in your home for enhanced cooling. It has a…

28 Apr

अक्षय तृतीया पर ‘जियो गोल्ड 24K डेज़’ के दौरान हर खरीददारी पर मिलेगा 2% तक मुफ़्त सोना

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#JioGold24Kdays • 29 अप्रैल से 5 मई, 2025 तक मनाया जाएगा जियो गोल्ड 24K डेज़। Mumbai: हिंदुस्तान में अक्षय तृतीया के शुभ अवसर पर सोना खरीदना की पुरानी परंपरा है। इस अवसर को और भी खास बनाने के लिए ‘जियो गोल्ड 24K डेज़’ के दौरान डिजिटल सोना खरीदें और 2 प्रतिशत तक अतिरिक्त सोना मुफ़्त पाएं। यह विशेष ऑफ़र जियोफ़ाइनेंस और मायजियो ऐप के उन ग्राहकों के लिए है जो अक्षय तृतिया पर डिजिटल सोना खरीदना चाहते हैं। 29 अप्रैल से 5 मई, 2025 तक मनाया जाएगा जियो गोल्ड 24K डेज़। कंपनी ने डिजिटल सोने की खरीदारी को काफी आसान…