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Bank of Baroda Organises SHG Meet and Financial Inclusion Saturation Drive in Palwal
10 Aug

Bank of Baroda Organises SHG Meet and Financial Inclusion Saturation Drive in Palwal

MFNewsBrands, Breaking News, Business, Opinions, Shares, Technology, Travel
Loans amounting to ₹22 crore disbursed to SHG beneficiaries; outreach to over 1,000 beneficiaries through government schemes and awareness initiatives #BankofBaroda #FinancialInclusion #SelfHelpGroups #SHGMeet #WomenEmpowerment #LakhpatiDidi #RuralDevelopment #InclusiveGrowth #FinancialLiteracy #PMJDY #PMJJBY #PMSBY #APY Chandigarh: In a significant step towards advancing women’s empowerment, grassroots entrepreneurship, and financial inclusion, Bank of Baroda (Bank), one of India’s leading public sector banks, organised a Self-Help Group (SHG) Meet and Financial Inclusion Saturation Drive in Palwal, National Capital Region (NCR). The initiative aligns with the Prime Minister’s vision of empowering women as “Lakhpati Didis”, reinforcing the Bank’s role as a key driver of socio-economic growth…
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Hinduja Group to Expand Presence in the Philippines Across Defence, Energy, Automotive, and Digital Sectors
10 Aug

Hinduja Group to Expand Presence in the Philippines Across Defence, Energy, Automotive, and Digital Sectors

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#HindujaGroup #PhilippinesInvestment #DefenceSector #EnergySector #AutomotiveIndustry #DigitalTechnology #AshokLeyland #SwitchMobility #ElectricVehicles #GulfOil Chandigarh: The Hinduja Group, one of India’s most diversified global conglomerates and a long-standing investor in the Philippines, has announced a significant expansion plan for the country. The Group will explore new opportunities in Defence, Energy, Automotive, and Digital Technology, with substantial investments aimed at strengthening its position in these high-potential sectors. The development follows a high-level meeting between President Ferdinand Marcos Jr. of the Philippines and the Hinduja Group delegation led by Shom Hinduja, President – Alternative Energy & Sustainability at the Hinduja Group, and Board Member of Gulf…
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Varmora Granito Ltd Files DRHP with SEBI for ₹400 Crore IPO and Offer for Sale of Over 5.24 Crore Shares
09 Aug

Varmora Granito Ltd Files DRHP with SEBI for ₹400 Crore IPO and Offer for Sale of Over 5.24 Crore Shares

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#VarmoraGranito #IPO #TilesIndustry #CeramicTiles #GVT #IntegratedStoneTechnology #Morbi #GujaratManufacturing #LuxuryTiles #PremiumTiles #IndianStockMarket #SEBI Chandigarh: Rajkot-based Varmora Granito Ltd (VGL), one of India’s leading tile manufacturers, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO). The offering will comprise a Fresh Issue aggregating up to ₹400 crore and an Offer for Sale (OFS) of up to 5,24,35,268 equity shares by existing shareholders. The OFS will include sales by investor Kastura Investments and promoter group selling shareholders Parsotambhai Jivrajbhai Patel, Ramanbhai Jivrajbhai Varmora, and Vallabhbhai Jivrajbhai Varmora. This…
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TAJGVK Hotels & Resorts Ltd Reports Record Q1 FY 2025-26 Results; Strong Outlook Ahead
09 Aug

TAJGVK Hotels & Resorts Ltd Reports Record Q1 FY 2025-26 Results; Strong Outlook Ahead

MFNewsBrands, Breaking News, Business, Entertainment, Health, Opinions, Shares, Technology, Travel
#TAJGVK #TajHotels #HospitalityIndustry #LuxuryHotelsIndia #IndianHotels #Q1Results #GVKGroup #TajSantacruz #HotelIndustryIndia #LuxuryHospitality Chandigarh: TAJGVK Hotels & Resorts Ltd has announced its standalone financial results for the first quarter ending June 30, 2025, delivering its best-ever Q1 performance. The company achieved a 15% year-on-year growth in operating revenue, reaching ₹106.39 crore, supported by robust demand in the hospitality sector and the enduring strength of its Taj-branded properties. Chairman Dr. GVK Reddy expressed optimism for the year ahead, stating: “TAJGVK has reported its best first quarter performance, led by a 15% growth in operating revenue to ₹106.39 crores. Other Income for the quarter includes…
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BLS Polymers Limited Files DRHP with SEBI, Eyes IPO to Strengthen Growth Across Critical Industries
09 Aug

BLS Polymers Limited Files DRHP with SEBI, Eyes IPO to Strengthen Growth Across Critical Industries

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#BLSPolymers #IPO #DRHP #SEBI #PolymerCompounds #Manufacturing #Telecommunications #PowerSector #Railways #OilAndGas #WaterInfrastructure #PipelineProtection Chandigarh: BLS Polymers Limited (“BLS Polymers”), a leading manufacturer of multiple grades of custom-formulated polymer compounds catering to a wide array of critical industries, has officially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). This marks a significant step in the company’s growth journey, as it seeks to raise capital through an Initial Public Offering (IPO) to further expand its market reach, enhance production capabilities, and solidify its presence in high-demand sectors. According to the DRHP, the public issue will…
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Page Industries Limited Reports 21.5% PAT Growth in Q1 FY26, Driven by Product Innovation and Market Expansion
09 Aug

Page Industries Limited Reports 21.5% PAT Growth in Q1 FY26, Driven by Product Innovation and Market Expansion

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#PageIndustries #Q1FY26Results #PATGrowth #EBITDA #RevenueGrowth #JockeyIndia #SpeedoIndia #ApparelIndustry #ConsumerDemand #EcommerceGrowth #RetailExpansion Chandigarh – Page Industries Limited, India’s premier apparel manufacturer and exclusive licensee of Jockey and Speedo in India, today announced its financial results for the first quarter ended 30th June 2025. The company reported a strong performance with notable growth in profitability, driven by operational efficiency, innovative product launches, and sustained market penetration. Q1 FY26 Key Financial Highlights: Revenue: ₹13,166 million, up 3.1% year-on-year (YoY) from ₹12,777 million in Q1 FY25. EBITDA: ₹2,947 million, marking a 21.1% YoY increase. Sales Volume: 58.6 million pieces sold, representing a modest 1.9% YoY…
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Silver Consumer Electricals Ltd Files DRHP with SEBI for ₹1,400 Crore IPO
09 Aug

Silver Consumer Electricals Ltd Files DRHP with SEBI for ₹1,400 Crore IPO

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#SilverConsumerElectricals #SCELIPO #IndianIPO #SEBI #DraftRedHerringProspectus #IndianStockMarket #MotilalOswal #ICICISecurities #JMFinancial #ChoiceCapitalAdvisors #Trilegal Chandigarh: Rajkot-headquartered Silver Consumer Electricals Ltd (SCEL) has officially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), marking a significant milestone in its growth journey. The proposed ₹1,400 crore initial public offering (IPO) will comprise a fresh issue of shares worth up to ₹1,000 crore and an offer for sale (OFS) by existing shareholders aggregating up to ₹400 crore. Company Overview and Product Portfolio SCEL is a large-scale manufacturer specializing in electrical consumer durables and agricultural equipment. Its extensive product range…
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Nestlé India Rolls Out First-Ever 1:1 Bonus Share Issue — Stock Price Adjusts, But Portfolio Value Stays Intact
09 Aug

Nestlé India Rolls Out First-Ever 1:1 Bonus Share Issue — Stock Price Adjusts, But Portfolio Value Stays Intact

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#NestleIndia #BonusShares #StockMarketNews #FMCG #ShareholderUpdate #EquityMarkets #InvestorNews #StockSplit #RetailInvesting #LiquidityBoost #CorporateActions #FinancialNews New Delhi— Nestlé India has announced its first-ever 1:1 bonus share issue, marking a significant milestone in the FMCG giant’s corporate history. Under this move, shareholders will receive one bonus share for every existing share they hold. The record date for determining eligible shareholders was set for August 8, 2025. Investors needed to own shares by August 7, 2025, in line with the T+1 settlement cycle, to qualify for the bonus allocation. This marks the first time in nearly three decades that the company has rewarded investors with…
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ICICI Bank Hikes Minimum Average Balance Requirement for New Savings Accounts Opened After August 1
09 Aug

ICICI Bank Hikes Minimum Average Balance Requirement for New Savings Accounts Opened After August 1

MFNewsBrands, Breaking News, Business, Entertainment, Opinions, Shares, Technology, Travel
#ICICIBank #MinimumBalance #BankCharges #SavingsAccount #BankingUpdate #DigitalBanking #ATMCharges #CashDepositCharges #UrbanBanking #MetroBanking #RuralBanking Mumbai — ICICI Bank, one of India’s largest private sector lenders, has announced a significant revision in the minimum average balance and service charges for savings accounts. The changes will apply to all new accounts opened on or after August 1, 2025, as part of the bank’s updated terms and conditions. According to the revised policy, customers in metro and urban areas will now be required to maintain a Minimum Average Monthly Balance (MAMB) of ₹50,000, a sharp increase from the earlier ₹10,000. For semi-urban branches, the MAMB has been…
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रिलायंस का ग्रीन एनर्जी मिशन: 150 अरब यूनिट सौर ऊर्जा उत्पादन का लक्ष्य, 2035 तक नेट-कार्बन ज़ीरो बनने की तैयारी
08 Aug

रिलायंस का ग्रीन एनर्जी मिशन: 150 अरब यूनिट सौर ऊर्जा उत्पादन का लक्ष्य, 2035 तक नेट-कार्बन ज़ीरो बनने की तैयारी

MFNewsBrands, Breaking News, Business, Health, Opinions, Shares, Technology, Travel
#रिलायंसग्रीनएनर्जी #सौरऊर्जा #ग्रीनहाइड्रोजन #जियोग्रीनपावर #सोलरपीवी #बायोगैस #ग्रीनकेमिकल #नेटकार्बनज़ीरो #गुजरातग्रीनप्लांट #रिन्यूएबलएनर्जीइंडिया #क्लीनएनर्जीमिशन #GreenIndia मुंबई: देश की सबसे बड़ी निजी क्षेत्र की कंपनियों में से एक रिलायंस इंडस्ट्रीज लिमिटेड (RIL) ने ग्रीन एनर्जी सेक्टर में अपने अब तक के सबसे महत्वाकांक्षी प्रोजेक्ट्स की घोषणा की है। कंपनी ने गुजरात के कच्छ में विशाल सौर ऊर्जा पार्क के लिए भूमि विकास कार्य शुरू कर दिया है, जिसका उद्देश्य हर साल 150 अरब यूनिट बिजली का उत्पादन करना है। यह कदम कंपनी के 2035 तक नेट-कार्बन ज़ीरो बनने के लक्ष्य की दिशा में एक बड़ा मील का पत्थर माना जा रहा है। रिलायंस ने…
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