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GNG Electronics Limited Announces ₹460 Crore Initial Public Offering; Issue Opens on July 23, 2025

GNG Electronics Limited Announces ₹460 Crore Initial Public Offering; Issue Opens on July 23, 2025

#GNGElectronicsIPO #IPO2025 #StockMarketIndia #ElectronicsBazaar #CapitalMarkets #InvestingInIndia #DebtFreeJourney #BookBuilding #RetailInvestors #MutualFunds #EquityMarkets #SEBI Chandigarh: GNG Electronics Limited (“GNG Electronics” or “the Company”), a leading player in the electronics refurbishing and distribution segment under the well-known “Electronics Bazaar” brand, is set to launch its Initial Public Offering (IPO) on Wednesday, July 23, 2025. The IPO will close for subscription on Friday, July 25, 2025, while the Anchor Investor Bidding Date is scheduled for Tuesday, July 22, 2025, one working day before the offer opens to the public. Price Band and Lot Size The Company has fixed the price band at ₹225 to…
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Reliance Retail Acquires Kelvinator Forging a New Era in India’s Consumer Durables Market

Reliance Retail Acquires Kelvinator Forging a New Era in India’s Consumer Durables Market

Reliance Retail Acquires Kelvinator Forging a New Era in India’s Consumer Durables Market Mumbai: Reliance Retail today announced the acquisition of Kelvinator, marking a landmark expansion in India’s rapidly growing consumer durables segment. The transaction underscores Reliance Retail’s commitment to shaping the future of everyday living in India by providing consumers across income segments with greater access to high-quality, technology-led, globally benchmarked home appliances. A Legacy Brand Meets a Scale Powerhouse Kelvinator, a brand with more than a century of trust and innovation globally, is widely recognized as a pioneer in electric home refrigeration. In India, the brand became an icon…
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पिछले 20 साल में इक्विटी निवेशकों की संपत्ति 15 गुना बढ़ी – फंड्सइंडिया FundsIndia रिपोर्ट

पिछले 20 साल में इक्विटी निवेशकों की संपत्ति 15 गुना बढ़ी – फंड्सइंडिया FundsIndia रिपोर्ट

लंबी अवधि का निवेश बना अमीर बनने का सबसे बड़ा मंत्र #FundsIndia #SIP #इक्विटी #निवेशसलाह #WealthCreation #FinancialFreedom #MutualFundsSahiHai #InvestSmart #IndianEconomy मुंबई: अगर आपने 20 साल पहले शेयर बाजार में निवेश किया था और धैर्य बनाए रखा, तो आज आपकी संपत्ति 15 गुना तक बढ़ चुकी होती। FundsIndia की ताज़ा रिपोर्ट में यह चौंकाने वाला लेकिन प्रेरक खुलासा किया गया है। रिपोर्ट कहती है कि लंबी अवधि में इक्विटी निवेश सबसे बेहतर प्रदर्शन करता है और निवेशकों को पारंपरिक साधनों जैसे FD या सोना से कहीं ज्यादा रिटर्न देता है। रिपोर्ट की बड़ी बातें (Highlights): ✔ 20 वर्षों में इक्विटी ने…
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IHCL Reports Record Q1 FY26 Results, Marks 13 Consecutive Quarters of Growth; Expands Portfolio to 390+ Hotels

IHCL Reports Record Q1 FY26 Results, Marks 13 Consecutive Quarters of Growth; Expands Portfolio to 390+ Hotels

#IHCL #TajHotels #Q1Results #HospitalityIndustry #LuxuryHotels #GingerHotels #Sustainability #ESG #TravelAndTourism #IndianEconomy #GlobalHospitality Chandigarh: The Indian Hotels Company Limited (IHCL), India’s largest hospitality group and parent to the iconic Taj brand, announced its consolidated financial results for the first quarter ending June 30, 2025 (Q1 FY26), continuing its streak of record-breaking performance for the thirteenth consecutive quarter. The company reported strong revenue growth, robust profitability, and an aggressive expansion strategy, reinforcing its leadership position in the global hospitality industry. Financial Performance: Double-Digit Growth Across Metrics IHCL reported consolidated revenue of ₹2,102 crore for Q1 FY26, representing a 32% year-on-year increase compared to…
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Nuvoco Vistas Reports Record Q1 FY26 Performance; Highest-Ever First-Quarter EBITDA and Strategic Expansion Plans

Nuvoco Vistas Reports Record Q1 FY26 Performance; Highest-Ever First-Quarter EBITDA and Strategic Expansion Plans

#NuvocoVistas #Q1Results #CementIndustry #EBITDA #CapacityExpansion #VadrajAcquisition #BuildingMaterials #Premiumization #Sustainability #Deleveraging #IndianEconomy #ConstructionSector Panipat: Nuvoco Vistas Corp. Ltd., one of India’s leading building materials companies, announced its financial results for the quarter ended June 30, 2025 (Q1 FY26), delivering a strong performance marked by record profitability, volume growth, and strategic capacity expansion initiatives. The company achieved its highest-ever first-quarter consolidated EBITDA of ₹533 crore, driven by robust operational performance and premiumization strategies. Key Highlights for Q1 FY26 All-time high Q1 EBITDA: ₹533 crore Cement Sales Volume: 5.1 MMT, up 6% YoY Revenue Growth: 9% YoY, reaching ₹2,873 crore Net Debt Reduction:…
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SBI Cuts Interest Rates on Select Short-Term Fixed Deposits by 15 Basis Points

SBI Cuts Interest Rates on Select Short-Term Fixed Deposits by 15 Basis Points

#SBI #FixedDeposits #FDRates #InterestRates #PersonalFinance #InvestSmart #BankingNews #SeniorCitizenBenefits #SafeInvestments #AmritVrishtiFD #SavingsOptions #IndianBanking Chandigarh: State Bank of India (SBI), the country’s largest public sector lender, has revised its fixed deposit (FD) interest rates for select short-term tenures, effective July 15, 2025. The move comes as part of the bank’s periodic review of deposit rates and follows trends in liquidity management and market conditions. The revision impacts short-term deposits ranging from 46 days to less than one year, while interest rates for all other tenures remain unchanged. What Has Changed? SBI has cut interest rates by 15 basis points (0.15%) for general…
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Jio BlackRock Gets SEBI Nod to Launch 4 Passive Index Funds

Jio BlackRock Gets SEBI Nod to Launch 4 Passive Index Funds

#JioBlackRock #SEBINod #PassiveInvesting #IndexFunds #MutualFunds #NiftyNext50 #Midcap150 #Smallcap250 #GSecFunds #DigitalWealth #FinancialNews #InvestSmart Mumbai: Jio BlackRock Mutual Fund, a joint venture between Reliance-backed Jio Financial Services and global asset management giant BlackRock, has received regulatory approval from the Securities and Exchange Board of India (SEBI) to launch four new passive index funds. The approved schemes include: Jio BlackRock Nifty Midcap 150 Index Fund Jio BlackRock Nifty Next 50 Index Fund Jio BlackRock Nifty Smallcap 250 Index Fund Jio BlackRock Nifty 8–13 Year G-Sec Index Fund These funds aim to provide cost-effective, transparent investment options for retail and institutional investors, tracking major…
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SBI to Launch ₹25,000 Crore QIP on July 16 — First Equity Raise Since 2017

SBI to Launch ₹25,000 Crore QIP on July 16 — First Equity Raise Since 2017

#SBI #QualifiedInstitutionalPlacement #QIP #EquityFundraising #BankingNews #IndianBanking #SBIQIP #CapitalMarkets #InstitutionalInvestment #StateBankOfIndia #StockMarket #PSUBank #RetailCredit #InfraFinance #BaselIII #InvestSmart #FinanceUpdate Mumbai: State Bank of India (SBI), the country's largest public sector lender, is set to launch a ₹25,000 crore Qualified Institutional Placement (QIP) today, marking its first major equity fundraising since 2017. This strategic move is aimed at strengthening SBI’s capital base amid rising credit demand, expanding balance sheet requirements, and sustained growth in retail and corporate lending. The QIP will allow SBI to raise funds from institutional investors, including domestic and foreign mutual funds, insurance firms, pension funds, and sovereign wealth funds,…
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🏦 Indian Overseas Bank Slashes MCLR by 10 bps Across All Tenors from July 15

🏦 Indian Overseas Bank Slashes MCLR by 10 bps Across All Tenors from July 15

#IndianOverseasBank #MCLR #InterestRateCut #LoanEMI #RLLR #HomeLoan #AutoLoan #PersonalLoan #BankingNews #FinancialRelief #RetailLoans #IOBNews #LoanReset #AffordableCredit #ChennaiBanking #MCLRCutJuly2025 Chennai: In a borrower-friendly move, Indian Overseas Bank (IOB) has announced a 10 basis points (bps) reduction in its Marginal Cost of Funds-Based Lending Rate (MCLR) across all tenors, effective July 15, 2025. The decision was taken at the Asset Liability Management Committee (ALCO) meeting held on July 14. This marks a continuation of the bank’s ongoing efforts to make credit more affordable. Notably, IOB had already reduced its Repo Linked Lending Rate (RLLR) by 50 bps — from 8.85% to 8.35%, effective June…
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Four Mutual Fund Houses Cross ₹1 Lakh Crore in B30 AUM; SBI MF Leads the Pack

Four Mutual Fund Houses Cross ₹1 Lakh Crore in B30 AUM; SBI MF Leads the Pack

#MutualFunds #B30Cities #SBI #HDFC #ICICI #RetailInvesting #MutualFundAwareness #Fintech #DigitalIndia #SIPRevolution • B30 cities contribute ₹13.82 lakh crore or 18.46% to the mutual fund industry• SBI MF, HDFC MF, ICICI Prudential MF, and Nippon India MF top B30 AUM charts• Surge signals deepening mutual fund penetration beyond metros Mumbai: India’s mutual fund industry is witnessing deeper penetration into smaller cities, with B30 (Beyond Top 30) locations contributing ₹13.82 lakh crore, or 18.46% of the industry’s total Assets Under Management (AUM) of ₹74.85 lakh crore, reveals a latest analysis by Cafemutual. This trend underlines the growing trust in mutual fund investments among…
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