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U.S. Reimposes 25% Tariffs on Select Indian Imports Amidst Trade Tensions
06 Aug

U.S. Reimposes 25% Tariffs on Select Indian Imports Amidst Trade Tensions

MFNewsBreaking News, Business, Health, Mutual Funds, Shares, Technology, Travel
#USTariffs #IndiaUSRelations #TradeTensions #IndoUSTrade #ExportImpact #TradeWar #GlobalEconomy #IndianExports #SteelTariffs #WTO Washington D.C.: In a move that signals renewed trade friction between two of the world’s largest democracies, the United States has reinstated 25% tariffs on select imports from India, citing persistent trade imbalances, lack of reciprocal market access, and alleged unfair trade practices. The decision, confirmed by the Office of the U.S. Trade Representative (USTR), is expected to impact key Indian export sectors including steel, aluminum, textiles, and some automotive components. This development comes after months of quiet negotiations that failed to bridge growing concerns on both sides. The tariffs will…
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Gro Digital Platforms and IDFC FIRST Bank Partner to Launch FASTag Services, Transforming Fleet Operations in India
06 Aug

Gro Digital Platforms and IDFC FIRST Bank Partner to Launch FASTag Services, Transforming Fleet Operations in India

MFNewsBrands, Breaking News, Business, Entertainment, Shares, Technology, Travel
#GroDigitalPlatforms #IDFCFIRSTBank #FASTag #SadakKaSaathi #FleetOperations #SmartMobility #AshokLeyland #HindujaGroup Chandigarh: In a significant development aimed at revolutionizing India's commercial vehicle ecosystem, Gro Digital Platforms — a joint venture between Ashok Leyland and Hinduja Leyland Finance — has partnered with IDFC FIRST Bank to introduce FASTag services for fleet owners and transport operators across the country. The collaboration, formalized through a Memorandum of Understanding (MoU), is expected to provide seamless, end-to-end digital toll payment solutions, improving operational efficiency, transparency, and convenience for fleet operators nationwide. Enabling a Digitally Connected Logistics Ecosystem Gro Digital Platforms has been at the forefront of digitizing logistics…
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BlueStone Jewellery Set to Launch IPO On 11 August; Targets Expansion and Omnichannel Growth
06 Aug

BlueStone Jewellery Set to Launch IPO On 11 August; Targets Expansion and Omnichannel Growth

MFNewsBrands, Breaking News, Business, Entertainment, Shares, Travel
#BlueStoneIPO #JewelleryRetail #OmniChannelRetail #StartupIPO #IndianJewelleryMarket #IPO2025 #RetailExpansion #BlueStoneJewellery Chandigarh: Leading omni-channel jewellery retailer BlueStone Jewellery is preparing to hit the public markets with an Initial Public Offering (IPO), joining the growing list of consumer-focused brands tapping into capital markets for expansion. The company is expected to file its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) soon. According to industry sources, the IPO is likely to be a combination of fresh issue and offer-for-sale (OFS), with the company aiming to raise approximately ₹1,500 to ₹2,000 crore. The proceeds from the IPO will primarily be…
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Uno Minda Reports Robust Q1 FY26 Results with 18% Revenue Growth; PAT Surges 46% YoY
06 Aug

Uno Minda Reports Robust Q1 FY26 Results with 18% Revenue Growth; PAT Surges 46% YoY

MFNewsBrands, Breaking News, Business, Shares, Technology
#UnoMinda #AutoComponents #Q1Results #EVComponents #ADAS #AutomotiveInnovation #EBITDA #PATGrowth Gurugram – Uno Minda Limited, a global leader in automotive components and systems, delivered strong financial results for the first quarter of the financial year 2025-26 (Q1 FY26), reflecting continued momentum across both traditional and emerging business segments. The company reported consolidated revenue of ₹4,489 crore, marking an 18% year-on-year (YoY) growth compared to ₹3,818 crore in Q1 FY25. This solid performance was driven by increased demand across Uno Minda’s core product lines including switches, lighting systems, alloy wheels, and seating systems, coupled with growth in newer, technology-driven segments such as sensors,…
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आरबीआई की मॉनेटरी पॉलिसी: रेपो रेट वहीं, ग्रोथ और मुद्रास्फीति पर बैलेंस की नीति बरकरार
06 Aug

आरबीआई की मॉनेटरी पॉलिसी: रेपो रेट वहीं, ग्रोथ और मुद्रास्फीति पर बैलेंस की नीति बरकरार

MFNewsBreaking News, Business, Opinions, Shares
#RBIUpdate #RepoRate #MonetaryPolicy #IndianEconomy #InflationControl #GDPGrowth #ShaktikantaDas मुंबई: भारतीय रिज़र्व बैंक (RBI) की मॉनेटरी पॉलिसी कमेटी (MPC) की तीन दिवसीय बैठक के समापन के बाद आज गवर्नर शक्तिकांत दास ने प्रेस वार्ता में मौद्रिक नीति के निर्णयों की घोषणा की। इस बैठक में केंद्रीय बैंक ने प्रमुख नीतिगत दर यानी रेपो रेट को 6.50% पर अपरिवर्तित रखने का निर्णय लिया है, जो कि लगातार आठवीं बार यथावत रही है। इसके साथ ही रिवर्स रेपो रेट 3.35% और मर्जिनल स्टैंडिंग फैसिलिटी (MSF) तथा बैंक दर 6.75% पर बरकरार रखी गई हैं। इस नीति रुख को "विवेकपूर्ण और संतुलित" बताते हुए गवर्नर…
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Axis Bank Launches Industry-First ‘Lock FD’ Feature to Combat Digital Banking Frauds
05 Aug

Axis Bank Launches Industry-First ‘Lock FD’ Feature to Combat Digital Banking Frauds

MFNewsBrands, Breaking News, Business, Opinions, Shares, Technology, Travel
#AxisBank #LockFD #DigitalBankingSecurity #FixedDeposit #CyberFraudProtection #SecureBanking #FDProtection #BankingInnovation #FinancialSecurity #DigitalIndia Chandigarh – In a move aimed at enhancing customer protection and trust in the digital age, Axis Bank, one of India’s leading private sector banks, has announced the launch of an innovative and industry-first feature – ‘Lock FD’. This new security mechanism is designed to protect term deposits (Fixed Deposits or FDs) from being prematurely closed through online platforms, thereby reducing the risk of cyber frauds and unauthorized withdrawals. What is the ‘Lock FD’ Feature? The ‘Lock FD’ feature gives Axis Bank customers the ability to restrict the premature closure of…
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Tata Investment Corporation Approves First-Ever 1:10 Stock Split to Boost Retail Participation
05 Aug

Tata Investment Corporation Approves First-Ever 1:10 Stock Split to Boost Retail Participation

MFNewsBrands, Breaking News, Business, Shares
#TataInvestmentCorporation #StockSplit #EquityMarkets #TataGroup #RetailInvestors #ShareSplit #1to10Split #Q1Results #LongTermInvestment #NBFC #IndianMarkets #BSE Mumbai – In a landmark move aimed at enhancing investor accessibility and stock liquidity, Tata Investment Corporation Limited (TICL) has approved its first-ever stock split in the ratio of 1:10. The board of directors, in a meeting held on August 4, 2025, passed a resolution to sub-divide each equity share of face value ₹10 into ten equity shares of ₹1 each. The decision marks a significant milestone for the company, which is a part of the prestigious Tata Group. The objective of this stock split is to make the…
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Shree Cement Reports Strong Q1 FY26 Performance: Net Profit Surges 95% YoY, EBITDA Grows 34%
05 Aug

Shree Cement Reports Strong Q1 FY26 Performance: Net Profit Surges 95% YoY, EBITDA Grows 34%

MFNewsBrands, Breaking News, Business, Opinions, Shares, Travel
#ShreeCement #Q1FY26Results #CementIndustry #EBITDAGrowth #Sustainability #GreenPower #ReadyMixConcrete #CementExpansion #NetProfit #OperationalEfficiency Chandigarh – Shree Cement Ltd., India’s third-largest cement manufacturer by capacity, has announced its financial and operational performance for the first quarter of the fiscal year 2025–26, reporting a robust 95% year-on-year jump in net profit and a 34% increase in operating profit (EBITDA), driven by operational efficiency, cost discipline, and improved pricing. The company's standalone revenue from operations stood at ₹4,948 crore, up 2% from ₹4,835 crore in Q1 FY25. EBITDA surged to ₹1,229 crore from ₹916 crore in the same period last year, while Profit After Tax (PAT) nearly…
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Hindustan Zinc Deepens Green Logistics Drive with GreenLine Mobility: 100 EVs and 100 LNG Trucks Deployed
05 Aug

Hindustan Zinc Deepens Green Logistics Drive with GreenLine Mobility: 100 EVs and 100 LNG Trucks Deployed

MFNewsBrands, Breaking News, Business, Shares, Technology, Travel
#HindustanZinc #GreenLineMobility #GreenLogistics #EVTrucks #LNGTrucks #Decarbonization #NetZero #Sustainability #CleanTransport #BatterySwapping #MakeInIndia Chandigarh – In a landmark initiative towards sustainable industrial logistics, Hindustan Zinc Limited (BSE: 500188, NSE: HINDZINC), India’s largest and the world’s only integrated zinc producer, has significantly expanded its green logistics strategy. In partnership with GreenLine Mobility Solutions Ltd., an Essar venture, the company is rolling out one of the country's most ambitious electric and LNG-powered transport transitions. The agreement marks the deployment of 100 advanced electric trucks, supported by the country’s first commercial battery-swapping infrastructure for concentrate transport, and the addition of 100 LNG-powered long-haul trucks, doubling the…
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Bank of Baroda Launches ‘bob FxOne’ – A Next-Gen Digital FX Platform for Corporates and MSMEs
04 Aug

Bank of Baroda Launches ‘bob FxOne’ – A Next-Gen Digital FX Platform for Corporates and MSMEs

MFNewsBrands, Breaking News, Business, Opinions, Shares, Travel
#BankOfBaroda #bobFxOne #ForexTrading #DigitalBanking #MSMEIndia #CorporateBanking #FXPlatform #Derivatives #TreasurySolutions #ForeignExchange #BusinessBanking Chandigarh: In a significant step towards digital transformation of treasury operations for Indian businesses, Bank of Baroda (BoB), one of India’s leading public sector banks, has announced the launch of bob FxOne – a fully digital, real-time foreign exchange (FX) and derivatives transaction platform designed specifically for corporate and MSME clients. This new platform aims to streamline forex operations, offering businesses a seamless, secure, and transparent interface to manage their currency exposure and derivative needs without the traditional dependency on branch visits or manual paperwork. bob FxOne: A Future-Ready…
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