Shares Archives - Page 68 of 98

09 Jun

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

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Shares, Technology

#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

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

MFNewsBrands, Breaking News, Business, Entertainment, Health, Mutual Funds, Opinions, Shares, Technology

#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

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Shares, Technology

#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,…

08 Jun

No Easy Loan On Gold: RBI issues New harmonised guidelines for Lending against gold, silver loans

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#RBI #RBIGOLDLOAN #GoldLoans #RBINewGuidelineonGoldLoans #NewGuidelineonGoldLoans RBI restricts lending against gold bullion In Indian Markets New Delhi: The Reserve Bank of India (RBI) on Friday restricted lending against primary gold, such as gold bullion, citing broader macro-prudential concerns and the speculative and non-productive nature of such assets. However, regulated entities (REs) are permitted to extend loans against collateral in the form of gold jewellery, ornaments, and coins to meet the short-term financing needs of borrowers. The RBI noted that prudential and conduct-related regulations for such loans have been issued over time for various types of REs. While the RBI’s core regulatory…

07 Jun

New Deribative: MCX gets SEBI greenlight to launch electricity derivatives

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Shares, Technology

#MCX #SEBI #MCXSEBIelectricityderivatives #electricityderivatives #derivatives Chandigarh: India’s largest commodity exchange, MCX, has received SEBI approval to launch electricity derivatives, offering power firms and large consumers a regulated tool to hedge price volatility amid evolving energy dynamics. The Multi Commodity Exchange of India (MCX) on Friday announced it has secured approval from the Securities and Exchange Board of India (SEBI) to introduce electricity derivatives—a significant development for India's energy and commodities market. The contracts will provide power generators, distribution companies, and large industrial consumers with a transparent, regulated platform to hedge against price volatility and manage market risks more effectively. This move comes…

06 Jun

Mutual Funds: Canara Robeco Mutual Fund to rename three equity schemes from June 20

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#CanaraRobeco #CanaraRobecoMFrename3equityschemes Chandigarh: Canara Robeco Mutual Fund has changed the names of three of its equity schemes. The changes are effective from June 20, 2025. Here are the revised names: Canara Robeco Focused Equity Fund is now Canara Robeco Focused Fund Canara Robeco Emerging Equities Fund is now Canara Robeco Large and Mid Cap Fund Canara Robeco Bluechip Equity Fund is now Canara Robeco Large Cap Fund The fund house clarified that these are name changes only. There is no change in investment strategy, asset allocation, or risk profile of the schemes. Existing investors will not face any impact due…

06 Jun

SEBI’s ESG Bond Framework, L&T announces India’s first Listed ESG Bond Deal in partnership with HSBC

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#SEBIESGBond #LandTESGBondDeal #LandTHSBC Chandigarh: Larsen & Toubro (L&T) has announced a Rs 500 crore ESG bond issuance deal, becoming the first Indian corporate to do so under the Securities and Exchange Board of India’s (SEBI) newly introduced ESG and sustainability-linked bond framework. HSBC is acting as the sole lead arranger in this transaction. The issuance is compliant with SEBI’s regulatory framework announced on Thursday (5 June), which is designed to promote transparency, accountability, and alignment with international ESG standards. The framework outlines key requirements for issuers, including the disclosure of sustainability objectives, mandatory external assessments such as Second-Party Opinions (SPOs),…

06 Jun

NSE Sustainability Ratings and Analytics Ltd Launches ESG Ratings for Listed Companies

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#NSE #NSESustainabilityRatings #NSEESGRatings Chandigarh: NSE Sustainability Ratings and Analytics Ltd announces the launch of its ESG ratings for listed companies, marking a significant milestone in advancing sustainable business practices in India. NSE Sustainability focuses on assessing Environmental, Social, and Governance (ESG) performance, providing stakeholders with vital information to make informed decisions. NSE Sustainability received its certificate of registration from the Securities and Exchange Board of India (SEBI) to operate as a Category I ESG Rating Provider (ERP). As a wholly owned subsidiary of NSE Indices Limited which in turn is a wholly owned subsidiary of National Stock Exchange of India…

06 Jun

Jio empowers more than 8 lakh premises with JioFiber and Jio AirFiber services across Punjab

MFNewsBrands, Breaking News, Business, Entertainment, Opinions, Shares, Technology, Travel

#Jio #JioPunjab #JioPunjab8lakhJioFiber #JioAirFiberPunjab #JioAirFiber Chandigarh: Driving digital inclusion in the vast urban and rural areas across Punjab, Reliance Jio has connected more than 8 lakh houses and business premises in the state with high-speed broadband and world class home entertainment by rapidly expanding its JioFiber and Jio AirFiber services. As per the latest data released by TRAI, Reliance Jio’s 5G FWA service - JioAirFiber is leading with a huge market share of 86 % in Punjab. JioAirFiber has around 4 lakh subscribers in the state, while its competitor, a distant second, lags far behind with only around 65 thousand subscribers…

06 Jun

RBI MPC June 2025: Good news for borrowers as RBI cuts repo rate by 50 bps to 5.50%

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#RBI #RBIMPCJune2025 #RBIcutsrrby50bps New Delhi: Governor Sanjay Malhotra announced that the rate has been slashed the key repo rate by 50 bps from 5.75 per cent to 5.50 per cent. RBI Governor Sanjay Malhotra in his address said the monetary committee has agreed to cut rates by 50 basis points to 5.5% and have changed the stance to 'neutral' from accomodative. The Reserve Bank of India (RBI) is expected to lower the repo rate by 25 basis points (bps) at its Monetary Policy Committee (MPC) meeting today (June 6), according to a Media poll. The poll indicates that low inflation…