Shares Archives - Page 88 of 97

04 Apr

Factory Inauguration of a leading Korean diagnostics major at MET City

MFNewsBrands, Business, Shares, Technology

#BoditechMedMETCity Gurugram, April 4, 2025: Model Economic Township Limited (METL), a 100% subsidiary of Reliance Industries Limited, is proud to welcome Boditech Med Inc., a KOSDAQ-listed South Korean multinational, to its integrated greenfield smart sustainable city – MET City at Jhajjar, Haryana. The Inauguration Ceremony of Boditech Med’s state-of-the-art facility was held in the presence of His Excellency Mr. Lee Seong-Ho, Ambassador of the Republic of Korea to India, and Dr. Eui Yul Choi, Chairman and CEO of Boditech Med Inc. Renowned globally for its Point-of-Care (POC) solutions in the In Vitro Diagnostics (IVD) space, Boditech Med Inc. has selected MET City…

04 Apr

Himachal Government Takes Over Wild Flower Hall Hotel From Oberoi Group

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Oberoi Group will pay 1.78 crores every month; one day rent is 2.60 lakhs #WildFlowerHall Shimla: Himachal Pradesh government has taken control of Hotel Wild Flower Hall as per the order of the High Court. Immediately after taking control of the hotel, the government has made General Manager of Tourism Development Corporation Anil Taneja sit in Wild Flower Hall along with the Accounts Officer. Both the government officials will keep track of daily billing. Mediation talks were going on between the government officials and Oberoi Group management for the last one week. After assessing the daily and monthly income of…

04 Apr

Kotak MF launches Energy Opportunities Fund Open for Public Subscription

MFNewsBreaking News, Business, Mutual Funds, Shares, Technology

NFO will be open for public subscription from April 3, 2025, to April 17, 2025 #KotakMFEnergyOpportunitiesNFO Chandigarh: Kotak Mutual Fund has launched the Kotak Energy Opportunities Fund, an open-ended equity scheme focused on the energy sector. The new fund offer (NFO) will be open for public subscription from April 3, 2025, to April 17, 2025. India's energy sector is projected to expand significantly over the next decade. Rising demand from industries such as electric vehicles, data centers, and urbanisation is driving this growth. India is also contributing to global energy research, including its role in France’s ITER nuclear fusion project.…

04 Apr

NUVOCO Vistas gets NCLT’s nod to acquire Vadraj Cement Ltd. for INR 1,800 Crores

MFNewsBusiness, Shares, Stocks

#NUVOCOVistasNCLTVadrajCement The acquisition will be made with an upfront payment of ₹1,800 crores as per the Resolution Plan Nuvoco’s installed cement capacity would increase by over 20% with consolidated capacity reaching approx. 31 MMTPA, cementing Nuvoco’s position as the fifth-largest cement group in India The transaction remains a strategic ‘value-buy’ delivering substantial growth at one of the lowest costs per ton in recent times, with approximately $60 - $65 Mumbai: The Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench, has issued an order approving the Resolution Plan submitted by Nuvoco Vistas Corp. Limited for the acquisition of Vadraj Cement Limited…

03 Apr

Profit Booking: Mutual funds sold equities worth over Rs 16,000 crore in last six sessions

MFNewsBreaking News, Business, Mutual Funds, Opinions, Shares, Stocks

#ProfitBookingMFoffloaded equities Mumbai: Between March 20 and 28, mutual funds offloaded equities worth over Rs16,000 crore, which analysts attribute to profit booking following recent gains. Mutual funds have been net sellers in Indian equities over the past six sessions, as they capitalized on the recent market rally to book profits, experts said. Between March 20 and 28, mutual funds offloaded equities worth over Rs 16,000 crore, which analysts attribute to profit booking following recent gains. In contrast, they were net buyers earlier in the month, purchasing over Rs22,900 crore worth of equities between March 1 and 19. In March, benchmark…

03 Apr

Reliance breaks ground on first of 500 CBG plants in Andhra Pradesh, investing Rs. 65,000

MFNewsBreaking News, Business, Shares, Technology

Plans to invest Rs. 65,000 crores in developing integrated CBG hubs in AP Kanigiri (Andhra Pradesh): Andhra Pradesh IT & Electronics Minister, Chairman of the Group of Ministers on Job Creation Mr. Nara Lokesh laid the foundation stone of the first Reliance Compressed Bio-Gas (CBG) plant at Kanigiri in Prakasam district in Andhra Pradesh, today. The project is being developed with a capital investment of Rs. 139 crores and is the first in a series of 500 projects involving a total capital outlay of Rs. 65,000 crores for AP. The plant will be developed with innovative technology and utilise Napier…

03 Apr

Tarriff War: Donald Trump announces 26% ‘discounted reciprocal tariff’ on India

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#TrumpreciprocaltariffIndia U.S. President held up a chart that indicated that India charged 56% tariffs “including currency manipulation and trade barriers” White House, USA: U.S. President Donald Trump on Wednesday (April 2, 2025) listed the high tariffs charged by India on American products as he announced reciprocal tariffs on countries across the board, declaring a 26% “discounted reciprocal tariff” on India. “This is Liberation Day, a long-awaited moment. 2nd April 2025 will forever be remembered as the day American industry was reborn, the day America’s destiny was reclaimed, and the day that we began to make America wealthy again. We are going…

02 Apr

एचडीएफसी म्यूचुअल फंड ने लॉन्च की व्हाट्सऐप बेस्ड इनवेस्टमेंट फेसिलिटी

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

#HDFCMFTap2Invest चंडीगढ़: एचडीएफसी म्यूचुअल फंड ने Tap2Invest के नाम से एक नया व्हाट्सऐप-बेस्ड इनवेस्टमेंट प्लेटफॉर्म लॉन्च किया है, जो KYC-वेरीफाइड निवेशकों को केवल टैप करके म्यूचुअल फंड में निवेश करने की सुविधा देगा। HDFC Mutual Fund WhatsApp-based investment facility : एचडीएफसी म्यूचुअल फंड ने निवेशकों की सुविधा के लिए Tap2Invest नामक एक नया व्हाट्सऐप-बेस्ड इनवेस्टमेंट प्लेटफॉर्म लॉन्च किया है। यह इंडस्ट्री का पहला ऐसा फीचर है, जो KYC-वेरीफाइड निवेशकों को बिना टेक्स्ट टाइप किए, केवल टैप करके म्यूचुअल फंड में निवेश करने की सुविधा देता है। इस सेवा के जरिए निवेशक आसानी से एसआईपी शुरू कर सकते हैं या एकमुश्त…

02 Apr

Reliance to Partner with BLAST for Esports Business in India

MFNewsBrands, Business, Entertainment, Shares, Sports, Technology, Travel

BLAST works with the world’s biggest game publishers in Epic Games, Valve, Riot Games, Mumbai: RISE Worldwide Limited (“RISE”), a wholly-owned subsidiary of Reliance Industries Limited (“Reliance”), and BLAST Esports Limited (“BLAST”), a wholly-owned subsidiary of BLAST ApS, today announced an agreement to form a joint venture to conduct esports business in India. India is the fastest growing gaming market with a massive gamer base of more than ~600 Mn (18% of the total gamers globally). India’s gaming market is projected to grow at a CAGR of ~19% to reach US$ 9.2 Bn by 2029 from US$ 3.8 Bn in…

02 Apr

Swaraj Tractors and Mahindra Susten Partner to Develop Punjab’s Largest Solar Group Captive Project

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#SwarajTractorsMahindraSusten Chandigarh: Swaraj Tractors, a division of the Mahindra Group has announced its collaboration with Mahindra Susten, the Group's clean-tech arm, to establish Punjab’s largest solar group captive project—a 26 MW solar energy installation in Bathinda district. This ambitious venture is a significant step forward towards scaling up Swaraj Tractors renewable energy share to up to 50 per cent. The solar energy project developed by Mahindra Susten, will supply clean energy to four Swaraj Tractor manufacturing facilities located in Mohali and Dera Bassi. The project is expected to generate approximately 60 million kWh of renewable energy annually, contributing to the…