Technology

Angel One AMC launches two new passive funds, Close on May 16

Angel One AMC launches two new passive funds, Close on May 16

#AngelOneAMC2passivefunds Chandigarh: Angel One Asset Management Company (Angel One AMC) has launched two new passive funds - Angel One Nifty 50 Index Fund and Angel One Nifty 50 ETF. The funds aim to provide investors with exposure to India's top 50 large-cap companies across 15 key sectors including telecom, oil & gas, financial services, healthcare, and automobile, among others. Both the funds are designed to track the Nifty 50 Index, with an aim to replicate the Index performance by providing returns, before expenses, the closely monitoring the total return of the index. The New Fund Offer (NFO) for both funds…
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Škoda drives luxury forward with the new generation Kodiaq 4×4; Deliveries begin

Škoda drives luxury forward with the new generation Kodiaq 4×4; Deliveries begin

#SkodaKodiaqDeliveriesbegin   Chandigarh: Škoda Auto India, celebrating 25 years in India and 130 years globally, has commenced customer deliveries of the all-new Škoda Kodiaq. Customers across the country can experience the luxury 4x4 SUV from today. The all-new, second generation Kodiaq represents the pinnacle of Škoda’s craftsmanship and technological excellence, while combining elegant European design with off-road capabilities and seven-seat versatility. With the launch of the flagship, all-new Kodiaq, Škoda Auto further strengthens its portfolio in India, with the recently launched Kylaq and the much loved Kushaq completing the trinity of SUV’s in it‘s lineup. Ashish Gupta, Brand Director, Škoda…
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केनरा रोबेको ने केनरा रोबेको मल्टी एसेट एलोकेशन फंड लॉन्च किया

केनरा रोबेको ने केनरा रोबेको मल्टी एसेट एलोकेशन फंड लॉन्च किया

#CanaraRobecoMultiAAFund Mohali मोहाली: केनरा रोबेको म्यूचुअल फंड ने केनरा रोबेको मल्टी एसेट एलोकेशन फंड के लॉन्च का ऐलान किया है। यह एक ओपन-एंडेड हाइब्रिड फंड है जिसका लक्ष्य बाजार के अच्छे प्रदर्शन के समय अल्फा रिटर्न हासिल करना और बाजार के खराब दौर में नुकसान की संभावना को कम करना है। यह फंड एक ओपन-एंडेड स्कीम है जो इक्विटी और इक्विटी से जुड़े इंस्ट्रूमेंट, डेट और मनी मार्केट इंस्ट्रूमेंट, गोल्ड ईटीएफ और सिल्वर ईटीएफ में निवेश करती है। इसकी मल्टी असेट एलोकेशन रणनीति का लक्ष्य सभी तरह की बाजार स्थितियों में बेहतर परिणाम हासिल करना है।यह फंड बदलती आर्थिक स्थितियों,…
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Tata Chemicals Limited Consolidated revenue for the quarter ended March 2025 at ₹ 3,509 Cr

Tata Chemicals Limited Consolidated revenue for the quarter ended March 2025 at ₹ 3,509 Cr

#TataChemicalsrevenue3509Cr Board recommends dividend of ₹ 11 per share  Chandigarh: Tata Chemicals Limited declared its financial results for the quarter and year ended March 31, 2025. Commenting on the results, R. Mukundan, Managing Director & CEO, Tata Chemicals Limited, said, “Market conditions remain challenging even as India continues to grow while China, US and Western Europe are witnessing slight declines due to reduced demand for flat and container glass. In other regions, Asia (excluding China and India) and Americas (excluding USA) demand is robust, while slight decline is observed in demand of Africa. Though demand - supply balance softens, tariff…
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New Pearson Study Shows How Indian Companies Can Unlock Workforce Potential Through Redesigning Jobs  

New Pearson Study Shows How Indian Companies Can Unlock Workforce Potential Through Redesigning Jobs  

#NewPearsonStudy Chandigarh: New research from Pearson (FTSE: PSON.L), the world’s lifelong learning company, shows that, as roles in the technology industry are being reshaped by automation and AI, employers should consider a strategy of ‘role redesign’ to solve talent needs and maintain competitiveness. For this latest Skills Outlook, Solving the Tech Talent Gap from Within, Pearson looked at how the tech workforce might evolve and be reshaped by emerging technology over the next five years. The study focused on five of the most common and high value tech roles in India.  The research found that these highly valued workers will…
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Pidilite Industries Limited Standalone Double digit Underlying Volume Growth (UVG*) in Q4

Pidilite Industries Limited Standalone Double digit Underlying Volume Growth (UVG*) in Q4

#PidiliteIndustriesEBITDAUP Final Dividend proposed# at Rs. 20 per share Chandigarh: Pidilite Industries Limited, India’s leading manufacturer of adhesives, sealants and construction chemicals today announced its financial results for the quarter and year ended March 31, 2025. The current quarter’s revenue growth of 10.2% was underpinned by UVG of 9.8% across categories and geographies. Consumer and Bazaar (‘C&B’) UVG was 8.0% with sequential improvement, while Business to Business (‘B2B’) continued to report robust UVG of 16.4%. Gross Margins improved by 154 bps over Q4 FY24 and by 86 bps over Q3 FY25, primarily driven by benign input prices. A&SP spends were…
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First Round of India–New Zealand Free Trade Agreement negotiation Concludes in New Delhi

First Round of India–New Zealand Free Trade Agreement negotiation Concludes in New Delhi

#IndiaNewZealandFTA New Delhi: In a major step towards expanding bilateral trade and investment engagement, the first round of negotiations for the India–New Zealand Free Trade Agreement (FTA) concluded successfully today in New Delhi. The negotiations were held from 5-9 May, 2025. This development builds on the shared commitment to deepen economic ties and guidance given by Hon’ble Prime Minister of India, Shri Narendra Modi during the visit of the Right Hon’ble Christopher Luxon, Prime Minister of New Zealand in March 2025. The FTA was launched during the meeting between Hon’ble Shri Piyush Goyal, Minister of Commerce and Industry, Government of…
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Investor Education and Protection Fund Authority and SEBI Convene Strategic Preparatory Meeting for “Niveshak Shivir” Initiative

Investor Education and Protection Fund Authority and SEBI Convene Strategic Preparatory Meeting for “Niveshak Shivir” Initiative

#IEPFASEBINiveshakShivir Mumbai: In a continued effort to enhance investor outreach and streamline the process of reclaiming unclaimed dividends and shares, the Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, organised a preparatory meeting in collaboration with the Securities and Exchange Board of India (SEBI) at the SEBI Office, Bandra-Kurla Complex (BKC), Mumbai on Friday i.e. May 9, 2025. The meeting was attended by Smt. Anita Shah Akella, CEO of  IEPFA and Joint Secretary in the Ministry of Corporate Affairs, along with IEPFA officials; Shri Ananth Narayan G., Whole-Time Member, SEBI; Shri Shashi…
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Ravi Infrabuild Projects Ltd files DRHP with SEBI to raise up to ₹1,100 crore through IPO

Ravi Infrabuild Projects Ltd files DRHP with SEBI to raise up to ₹1,100 crore through IPO

#RaviInfrabuildIPO Chandigarh: Ravi Infrabuild Projects Limited, a leading integrated civil construction company with a focus on roads, bridges, tunnels, and related infrastructure, has filed its Draft Red Herring Prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”) to raise up to ₹1,100 crore through an Initial Public Offering (IPO). According to D&B report, the company has emerged as one of the fastest growing engineering, procurement and construction (“EPC”) company in terms of Total Order Book and PAT, as of Fiscal Year 2024. The IPO comprises a fresh issue of equity shares aggregating up to ₹1,100 crore at face…
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Motherson Sumi Wiring India Limited (MSWIL) reported Q4FY25 revenues of Rs. 2,391 crores

Motherson Sumi Wiring India Limited (MSWIL) reported Q4FY25 revenues of Rs. 2,391 crores

#MothersonSumi2391cr Marking a 7.1% year-over-year growth, MSWIL remains a proud supplier to 09 out of India's top 10 highest-selling passenger vehicle models for FY25. Chandigarh: Motherson Sumi Wiring India Limited (MSWIL) announced its financial results for the fiscal year 2024-25 fourth quarter and full financial year, which ended on 31st March 2025. Mr. Vivek Chaand Sehgal, Chairman, Motherson Sumi Wiring India Ltd., said, “The company has delivered robust performance this quarter, with revenue growth surpassing industry averages. While maintaining a debt-free status and a strong focus on enhancing our operational efficiencies, we are investing in expanding our capacities. This will allow…
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