Business

Bank of India Celebrates 79th Independence Day with Patriotic Fervour
16 Aug

Bank of India Celebrates 79th Independence Day with Patriotic Fervour

MFNewsBrands, Breaking News, Business, Entertainment, Opinions, Technology
#BankOfIndia #IndependenceDay2025 #79YearsOfFreedom #NationBuilding #IndiaAt79 #RajneeshKarnatak #FinancialInclusion #InclusiveGrowth #BankingForAll #PatrioticFervour Chandigarh: The Bank of India (BoI) celebrated the 79th Independence Day with great patriotic spirit at its Head Office, where employees, senior leadership, and their families came together to honor the nation’s freedom and reaffirm their commitment to India’s growth. The ceremony began with the hoisting of the National Flag by Shri Rajneesh Karnatak, Managing Director & CEO of the Bank, in the presence of the institution’s top leadership. Executive Directors Shri P. R. Rajagopal and Shri Rajiv Mishra, along with Chief General Managers, General Managers, and other senior officials,…
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RSB Retail India Files DRHP with SEBI for IPO; Plans Fresh Issue of ₹500 Crore and OFS of 2.98 Crore Shares
16 Aug

RSB Retail India Files DRHP with SEBI for IPO; Plans Fresh Issue of ₹500 Crore and OFS of 2.98 Crore Shares

MFNewsBrands, Breaking News, Business, Entertainment, Opinions, Shares
#RSBRetail #IPO2025 #ApparelRetail #IndianMarkets #EthnicWear #RetailGrowth #SouthIndiaShoppingMall #RSBrothers #ConsumerMarkets #CapitalMarkets #EquityInvesting #SEBI #IPOSeason Chandigarh: RSB Retail India Limited, a leading South India-based multi-format apparel retailer, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an upcoming Initial Public Offering (IPO). The proposed issue comprises a fresh issue of equity shares worth ₹500 crore and an offer for sale (OFS) of up to 2.98 crore equity shares by existing shareholders. The IPO is expected to provide the company with growth capital for store expansion, debt reduction, and corporate needs, while also offering…
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Mutual Funds Pour ₹5,294 Crore into IPOs in June Quarter; Smallcaps Dominate: Ventura Report
16 Aug

Mutual Funds Pour ₹5,294 Crore into IPOs in June Quarter; Smallcaps Dominate: Ventura Report

MFNewsBrands, Breaking News, Business, Mutual Funds, Technology
#MutualFunds #IPO2025 #SmallcapStocks #VenturaReport #IndianMarkets #WealthCreation #FundManagers #StockMarketIndia #CapitalMarkets #InvestmentTrends Mumbai: The Indian mutual fund industry continued to showcase robust participation in primary markets during the quarter ended June 2025, with investments crossing ₹5,294 crore in recent Initial Public Offerings (IPOs), according to a latest report by Ventura Securities. Interestingly, the majority of these investments were directed towards small-cap companies, signaling a clear shift in strategy among fund managers who are seeking higher growth opportunities in scalable businesses. Only one IPO that drew mutual fund inflows was classified as a mid-cap, making smallcaps the dominant choice of institutional investors in…
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SBI Life Unveils ‘Future Proof’ Term Insurance – Smart Shield Plus
15 Aug

SBI Life Unveils ‘Future Proof’ Term Insurance – Smart Shield Plus

MFNewsBrands, Breaking News, Business, Health, Insurance, Travel
#SBILife #SmartShieldPlus #TermInsurance #LifeStageProtection #FutureProofCover #FinancialSecurity #InsuranceInnovation #BetterHalfBenefit #LifeEventCoverage Mumbai — SBI Life Insurance has announced the launch of its latest term insurance solution, SBI Life – Smart Shield Plus, a comprehensive protection plan designed to evolve with the policyholder’s life journey. Positioned as a ‘future proof’ offering, the plan introduces flexible coverage options, milestone-based enhancements, and life-stage adaptability, making it a significant addition to the insurer’s product portfolio. Three Flexible Coverage Options The Smart Shield Plus plan comes with three distinct plan options, catering to different protection needs: Regular Term – The standard term cover that provides a fixed sum…
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SMART Bazaar Kicks Off Full Paisa Vasool Sale – Mega Savings from 14th to 17th August
15 Aug

SMART Bazaar Kicks Off Full Paisa Vasool Sale – Mega Savings from 14th to 17th August

MFNewsBrands, Business, Entertainment, Opinions, Travel
#FullPaisaVasoolSale #SmartBazaar #BigSavings #SmartShopping #MegaSale #DiscountDays #ShopAndSave #HomeEssentials #BudgetFriendly #FestiveShopping Mumbai — This mid-August, shopping gets a smart twist as SMART Bazaar launches its much-awaited Full Paisa Vasool Sale, promising unbeatable prices across essentials, fashion, and home needs. Running from 14th to 17th August, the sale is designed to give families across India the chance to restock, refresh, and rejoice — all without straining their budgets. Deals That Make Every Rupee Count For shoppers who have been waiting for the right time to stock up, the Full Paisa Vasool Sale delivers irresistible offers, such as: 5kg rice & 3L oil for…
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India Unveils 3-Pillar Plan for Next-Generation GST Reforms — Focus on Structure, Rate Rationalisation, and Ease of Living
15 Aug

India Unveils 3-Pillar Plan for Next-Generation GST Reforms — Focus on Structure, Rate Rationalisation, and Ease of Living

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India Unveils 3-Pillar Plan for Next-Generation GST Reforms — Focus on Structure, Rate Rationalisation, and Ease of Living #GSTReforms #TaxReforms #AtmanirbharBharat #EaseOfDoingBusiness #MSMEs #GSTCouncil #RateRationalisation #StructuralReforms #EaseOfLiving #IndianEconomy #IndirectTax New Delhi — The Central Government has laid out a comprehensive three-pillar roadmap for reforming the Goods and Services Tax (GST) regime, targeting simplicity, stability, and inclusivity in India’s indirect taxation system. The move draws inspiration from Prime Minister Narendra Modi’s Independence Day address, in which he emphasised reforms aimed at benefiting the common man, farmers, middle class, and MSMEs, while reinforcing the vision of an ‘Atmanirbhar Bharat’. The proposal, now…
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SBI ने सभी अवधियों के लिए MCLR दरों में 5 बेसिस प्वाइंट की कटौती की
15 Aug

SBI ने सभी अवधियों के लिए MCLR दरों में 5 बेसिस प्वाइंट की कटौती की

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#SBI #MCLR #LoanRateCut #HomeLoan #CarLoan #BankingNews #EMIReduction #InterestRate #FinanceNews #RBI नई दिल्ली – देश के सबसे बड़े सार्वजनिक क्षेत्र के बैंक भारतीय स्टेट बैंक (SBI) ने अपने मार्जिनल कॉस्ट ऑफ फंड्स बेस्ड लेंडिंग रेट (MCLR) में 5 बेसिस प्वाइंट (bps) की कमी की घोषणा की है। नई दरें 15 अगस्त 2025 से लागू हो गई हैं। नई MCLR दरें (15 अगस्त से लागू) अवधि संशोधित MCLR (%) ओवरनाइट 7.90 1 महीना 7.90 3 महीने 8.30 6 महीने 8.65 1 साल 8.75 2 साल 8.80 3 साल 8.85 MCLR क्या है? MCLR वह न्यूनतम ब्याज दर है, जिस पर कोई बैंक…
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विक्रम सोलर का ₹2,079 करोड़ का IPO 19 अगस्त से खुलेगा
15 Aug

विक्रम सोलर का ₹2,079 करोड़ का IPO 19 अगस्त से खुलेगा

MFNewsBreaking News, Business, Opinions, Shares, Technology, Travel
#VikramSolar #IPO #सौरऊर्जा #GreenEnergy #RenewableEnergy #ShareMarket #Investment #SolarPower #StockMarketIndia #IPO2025 Mumbai: कोलकाता स्थित देश की अग्रणी सौर ऊर्जा कंपनी विक्रम सोलर लिमिटेड निवेशकों के लिए अपना Initial Public Offering (IPO) 19 अगस्त 2025 से खोलने जा रही है। यह इश्यू 21 अगस्त 2025 को बंद होगा और 26 अगस्त 2025 को इसके शेयर बाजार में लिस्ट होने की संभावना है। IPO का आकार और संरचना इस IPO का कुल आकार लगभग ₹2,079 करोड़ का है। इसमें से ₹1,500 करोड़ का हिस्सा फ्रेश इश्यू के रूप में होगा, जबकि लगभग ₹579 करोड़ का हिस्सा ऑफर फॉर सेल (OFS) के तहत मौजूदा…
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NRI Term Insurance Purchases from India Double in Two Years; Gulf NRIs Drive Majority of Demand — Policybazaar
15 Aug

NRI Term Insurance Purchases from India Double in Two Years; Gulf NRIs Drive Majority of Demand — Policybazaar

MFNewsBrands, Breaking News, Business, Entertainment, Health, Insurance, Opinions, Technology, Travel
#NRIInsurance #TermInsurance #Policybazaar #GulfNRIs #UAE #GCC #FinancialPlanning #LifeInsurance #AtmanirbharBharat #IndiaInsurance #NRIWealth New Delhi — Non-Resident Indians (NRIs) are increasingly turning to India for their term life insurance needs, with purchases doubling over the past two years, according to new data from Policybazaar.com. The growth is being fuelled by competitive pricing, longer policy tenures, and the appeal of rupee-denominated payouts, which ensure financial security for families and assets back home. The analysis highlights that NRIs from the United Arab Emirates (UAE) and other Gulf Cooperation Council (GCC) nations are leading the trend. Between FY22 and FY26 (year-to-date), buyers from these regions accounted…
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PM Modi’s 12th Independence Day Address Unveils Bold Vision for Bharat@2047
15 Aug

PM Modi’s 12th Independence Day Address Unveils Bold Vision for Bharat@2047

MFNewsBrands, Breaking News, Business, Entertainment, Opinions, Shares, Travel
#IndependenceDay2025 #PMModi #Bharat2047 #ViksitBharat #Semiconductors #MadeInIndia #EnergyIndependence #NuclearPower #GSTReforms #JobCreation #DeepwaterMission #JetEngines New Delhi — In his 12th consecutive Independence Day address from the ramparts of the Red Fort, Prime Minister Shri Narendra Modi outlined an ambitious roadmap for India’s transformation over the next two decades. Marking the nation’s 79th Independence Day, the Prime Minister made a series of high-impact announcements spanning technology, energy, employment, and governance reforms — signalling India’s intent to leapfrog into the ranks of developed nations by 2047, when the country will celebrate its centenary of independence. With the tricolour fluttering high and the Red Fort packed…
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