Mutual Funds Archives - Page 38 of 55

11 Jun

Uber Reserve bookings nearly triple on year as more Indians use journey planning option

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#Uber #UberReservebookings #UberRBtriple #UberIndia Chandigarh: Uber today released key 2024 trends for Uber Reserve, its pre-scheduled ride option, showing a sharp rise in usage across Indian cities as more riders explore the advance-travel-booking feature. With bookings growing close to 200% year-on-year, Reserve is becoming the preferred choice for riders looking for reliability, especially for odd-hour airport trips, festival travel, and business commutes. Nearly one in four airport drop-offs now happen via Reserve, showing growing demand for certainty when timing matters most, with Delhi, Bangalore, Mumbai, Hyderabad, and Chennai leading in usage. Airport drop-offs were the primary use case for Reserve…

10 Jun

DFCC Bank becomes the First Foreign Corporate Green Bond to list on NSE International Exchange in GIFT IFSC

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#DFCCBankPLC #SriLanka #CorporateGreenBond #NSEInternationalExchange #GIFTIFSC Chandigarh: NSEIX welcomed the team of DFCC Bank PLC, Sri Lanka lead by Mr. Thimal Perera Chief Executive Officer and Mr.Prins Perera Senior Vice President Treasury and Investment Banking in GIFT IFSC on June 9, 2025 to ring the bell to celebrate the listing of foreign currency green bonds of LKR 2.5 Billion Green bonds , which are Sri Lanka’s first capital market debt instrument dedicated to renewable energy. Its primary focus is to fund solar energy projects in support of Sri Lanka’s goal of achieving 70% electricity generation from renewable energy by 2030. These instruments…

10 Jun

हरियाणा में जियो एयर फाइबर और जियो फाइबर से 3.5 लाख से अधिक परिसरों को जोड़ा

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#Jio #Jioairfiber #JioHRY Chandigarh चंडीगढ़: हरियाणा के अधिकतर ग्रामीण परिदृश्य में डिजिटल समावेशन को बढ़ावा देते हुए, रिलायंस जियो ने अपनी जियो एयर फाइबर और जियो फाइबर सेवाओं का तेजी से विस्तार करके राज्य में 3.52 लाख परिसरों को हाई-स्पीड ब्रॉडबैंड और विश्व स्तरीय घरेलू मनोरंजन से जोड़ा है। अप्रैल 2025 के महीने के लिए जारी भारतीय दूरसंचार नियामक प्राधिकरण (ट्राई) की नवीनतम ग्राहक डेटा रिपोर्ट के अनुसार, रिलायंस जियो की 5जी फिक्स्ड वायरलेस एक्सेस (एफडब्ल्यूए) सेवा - जियो एयर फाइबर - हरियाणा में 83.4% की विशाल बाजार हिस्सेदारी के साथ अग्रणी है। 30 अप्रैल, 2025 तक राज्य में जियो…

10 Jun

The Wealth Company Launches ₹2000 Cr Bharat Bhoomi Fund to Capture India’s Real Estate Potential

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#TheWealthCompany #TWC2000CrBharatBhoomiFund #BharatBhoomiFund Fund For India’s Real Estate Potential Chandigarh: The Wealth Company Asset Management Private Limited, part of the Pantomath Group, has launched Bharat Bhoomi Fund—a ₹1000 crore Category II AIF with a ₹1000 crore green shoe option—under its fifth Bharat Value Fund series. The Fund brings private equity-style rigor to India’s growing real estate sector, with a focused approach on execution-ready projects across high-opportunity corridors and core cities. Bharat Bhoomi Fund marks a thoughtful expansion of The Wealth Company’s investment canvas—rooted in the same value-driven philosophy that defines the rest of its approach. Building on the strong foundation and…

10 Jun

NFO: Artha Bharat launches US-focused hedge fund for NRIs from GIFT City

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#ArthaBharat #ArthaBharatUShedgefund #ArthaBharatFundNRI #GIFTCity Chandigarh: Artha Bharat Investment Managers IFSC LLP, one of the largest fund management entities operating from GIFT City, announced the launch of the Artha Global Multiplier Fund, a long/short hedge fund aimed at providing Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs), Persons of Indian Origin (PIOs), and foreign investors with structured exposure to US equity markets. The fund, registered under the International Financial Services Centres Authority (IFSCA), is among the first offshore-dedicated investment vehicles to be launched and managed from GIFT City by an IFSCA-regulated Fund Management Entity. “As one of the largest GIFT city…

09 Jun

Poonawalla Fincorp Launches Industry-First 24/7 Fully Digital Business Loans for MSMEs

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#PoonawallaFincorp #PoonawallaFinDigiLoansMSMEs #DigitalLoansforMSMEs Chandigarh: Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group-promoted NBFC focused on consumer and MSME lending, today announced the launch of Business Loan 24/7, an industry-first digital loan solution backed by a pioneering digital risk assessment model tailored for micro, small, and medium enterprises (MSMEs). This innovative offering provides instant approval with a risk-first approach and flexible repayment options. Designed to address the credit needs of MSMEs with speed, convenience, and simplicity, Business Loan 24/7 offers a fully digital onboarding and approval journey through a Straight Through Processing (STP) model. This eliminates the need for branch visits…

09 Jun

JioBlackRock AM Launches Exclusive Early Access Initiative, Introduces Website and Leadership Team

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#JioBlackRockAM #JioBlackRockEarly #JioBlackRockWebsite Introduces and showcases a preview of the business proposition, providing valuable insights for investor education and engagement. Mumbai: Jio BlackRock Asset Management Private Limited (JioBlackRock Asset Management), a 50:50 joint venture between Jio Financial Services Limited (JFSL) [BSE, NSE: JIOFIN] and BlackRock* [NYSE: BLK], announces the appointment of its executive leadership team and the launch of its website along with an exclusive early access initiative. JioBlackRock Asset Management’s leadership team brings together asset management experience, digital innovation and customer-centric product design. Together, the team is set to deliver JioBlackRock’s mission to transform investing in India by making it…

09 Jun

NFO: Baroda BNP Paribas MF launches Healthcare and Wellness Fund, Close on 23 June

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#NFO #BarodaBNPParibasMF #BarodaBNPParibasHealthcareFund #BarodaBNPParibasHealthcareWellnessFund Chandigarh: Baroda BNP Paribas Asset Management India has launched a new thematic equity scheme—Baroda BNP Paribas Health and Wellness Fund. The New Fund Offer (NFO) opened for subscription on June 9, 2025, and will close on June 23, 2025. The open-ended equity scheme aims to tap into the growing demand for healthcare and wellness—both in India and globally. The fund will invest in companies that stand to benefit from long-term structural growth in these sectors. According to the fund house, India’s healthcare sector is at an inflection point. Per capita healthcare expenditure remains low compared…

09 Jun

New Stock: Lenskart converts to public entity ahead of potential $1-billion IPO

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#Lenskart #Lenskart1billionUSDIPO #LenskartIPO Mumbai: Indian Global Eyewear retailer Lenskart has officially become a public company, a key milestone as the Gurugram-based company prepares to launch its initial public offering (IPO). The company’s board passed a special resolution to change its name from Lenskart Solutions Private Limited to Lenskart Solutions Limited during an extraordinary general meeting on May 30. The move signals Lenskart’s intent to list on one or more Indian stock exchanges, though the company has not yet disclosed the size or the timing of the issue. In its filing, Lenskart said the name change would allow it to proceed…

08 Jun

Vedanta’s NCDs issue oversubscribed, Co. to repay high-cost loan saving ₹350 Cr annually

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#Vedanta #VedantaNCDsissue · Company received final bids of more than Rs. 6500 crore, indicating 60% oversubscription on the base issue of ₹4100 crores. Chandigarh: Mining Major Vedanta Ltd. plans to deploy funds from the ₹5000 crore raised through its unsecured non-convertible debenture (NCD) issue to pay-down a high-cost private credit facility of ₹3,400 crore, potentially reducing its annual interest burden by at least ₹350 crore, according to a person familiar with the matter. The remaining funds will likely be used for ongoing Capex requirements, general corporate purposes, and repayment or prepayment of existing debts, the person added. The NCD offering,…