Technology Archives - Page 119 of 151

25 Apr

Big Change for investors from June 1: SEBI revises cut-off timing for overnight mutual funds

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

#SEBIBigChangeJune1formutualfunds Chandigarh: The Securities and Exchange Board of India (SEBI) has notified a change in the cut-off timing used to determine the applicable Net Asset Value (NAV) for redemptions in overnight and liquid mutual fund schemes. The new timings will take effect from June 1, 2025. This move is linked to SEBI’s ongoing efforts to strengthen the safety of client funds held with brokers and clearing members. Earlier, mutual fund houses applied the NAV based on a uniform cut-off time across channels. Now, SEBI has introduced separate cut-off timings for online and offline redemption requests in overnight schemes. Redemption requests submitted…

25 Apr

Mumbai Indians to celebrate #ESADay on April 27 at the Wankhede with 19,000 kids

MFNewsBrands, Business, Entertainment, Opinions, Sports, Technology, Travel

#MIplayersESADay “This is a very special game — you can be the inspiration for thousands of children.” – Mrs. Nita M. Ambani urges MI players ahead of ESA Day Mumbai: Mumbai Indians’ game against Lucknow Super Giants, scheduled for Sunday, 27th April at the Wankhede Stadium in Mumbai, will be dedicated to the Education and Sports for All (ESA) initiative championed by Mrs. Nita M. Ambani. The annual ESA game is one of the biggest highlights of the IPL season every year for the Mumbai Indians, with thousands of spirited children from NGOs across the city lighting up the stadium…

25 Apr

Ather Energy Limited: Initial public offering to open on Monday, April 28, 2025

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

#AtherEnergyIPOon28April · Price Band fixed at ₹ 304 per equity share to ₹ 321 per equity share of the face value of ₹1 each (“Equity Shares”) of Ather Energy Limited (the “Company”) Chandigarh: Ather Energy Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its equity shares of face value of ₹1 each (“Equity Shares”) on Monday, April 28, 2025. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Friday, April 25, 2025. The Bid/ Offer Closing Date is Wednesday, April 30, 2025. The Price Band of the Offer has been…

25 Apr

SBI Life Insurance registers New Business Premium of Rs. 35,577 crores

MFNewsBrands, Business, Health, Insurance, Shares, Technology

#SBILifeNBP35577cr Chandigarh: SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of Rs. 35,577 crores for the year ended on 31st March, 2025 vis-a-vis Rs. 38,238 crores for the year ended March 31, 2024. Regular premium has increased by 11% over previous year ended on 31st March, 2024. Establishing a clear focus on protection, SBI Life’s protection new business premium stood at Rs. 4,095 crores for the year ended March 31, 2025. Protection Individual new business premium stands at Rs. 793 crores for the year ended March 31, 2025. Individual New Business…

25 Apr

Style Meets Sound: Sony’s WH-CH720N and WH-CH520

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#SonyWHCH520Pink now available in a stunning Pink colour Chandigarh: Sony India today announced a new colour variant, pink, for its popular wireless headphones range WH-CH520 and WH-CH720N to cater to a wider variety of personal styles. Designed for fashion-conscious, trendy listeners, the vibrant shade imparts a fresh perspective to Sony’s audio portfolio, representing a bold statement for users who perceive gadgets as an extension of their persona. The WH-CH520 headphones are now available in blue, beige, white, black and the newly added pink variant. Similarly, the WH-CH720N headphones, originally offered in black, white, and blue are now also available in a…

24 Apr

Axis Bank reporting annual net profit of Rs. 26,373 crores, up 6% YOY

MFNewsBusiness, Shares, Technology

#AxisBanknetprofit26373crores CASA growth of 10% QOQ and total deposits growth of 7% QOQ Chandigarh: Axis Bank, announced its Q4FY25 and annual results today, reporting annual net profit of Rs. 26,373 crores, up 6% YOY as compared to profit of Rs. 24,861 crores in FY24. The Bank’s Net Interest Income (NII) grew 6% YOY to Rs 13,811 crores. Net Interest Margin (NIM) for Q4FY25 stood at 3.97% and grew 4 bps QOQ. CASA grew 10% QOQ with CASA ratio at 38% QAB basis. As on 31st March 2025, the Bank’s reported Gross NPA and Net NPA levels were 1.28% and 0.33% respectively as…

24 Apr

AIR INDIA RECEIVES GDP CERTIFICATION FOR CARGO BUSINESS

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#AIRINDIAGDPCERTICARGOBUSI SETTING NEW BENCHMARK IN PHARMA LOGISTICS Becomes the first Indian airline certified for Good Distribution Practices (GDP) Chandigarh: Air India, India’s leading global airline, has been awarded the Good Distribution Practices (GDP) certification for its Cargo business, reinforcing its commitment to delivering world-class logistics solutions for pharmaceutical products. Air India is the first and only Indian carrier, and among a few in Asia, to have achieved this global standard for excellence in handling, storage, and transportation of time and temperature-sensitive pharmaceutical shipments. The GDP certification validates Air India’s compliance with international guidelines for the safe and secure distribution of…

24 Apr

Neeraj Kumar Gupta (ex-IAS) joins NSE International Exchange as Chairman

MFNewsBusiness, Opinions, Shares, Technology

#NeerajGuptaNSEInternationalExchange Chandigarh: Neeraj Kumar Gupta (Ex-IAS) joins NSE International Exchange as Chairman and Public Interest Director, effective on 19th April 2025. The International Financial Services Centres Authority (IFSCA) has approved his appointment as Chairman & Public Interest Director (PID) on the Governing Board of NSE IX with effect from 1st April 2025. Neeraj Kumar Gupta is an accomplished and highly experienced retired Indian Administrative Service (IAS) officer (1982 Batch, UP Cadre). He retired as Secretary, Ministry of Finance (Department of Investment & Public Asset Management, Government of India) in 2018 and was re-appointed by the President of India as Central…

24 Apr

360 ONE WAM enters into collaboration with UBS on wealth management

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

#360ONEWAMwithUBS Wealth management in India and international markets Chandigarh: 360 ONE WAM Ltd (“360 ONE”), one of India's largest independent wealth and asset management firms, announced today that it has entered into an exclusive strategic collaboration with UBS, one of the world’s leading wealth managers and universal banking firms headquartered in Switzerland. This exclusive strategic collaboration combines 360 ONE’s local knowledge and reach with UBS’s global and regional expertise to deliver enhanced benefits to clients. As part of this collaboration, it is proposed that clients from both institutions will have access to onshore and offshore wealth management solutions. Potential collaborative…

24 Apr

NSDC and Rapido launch initiative to boost gig economy opportunities

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#NSDCRapidolaunchinitiative Chandigarh: National Skill Development Corporation (NSDC) and one of the India’s leading bike taxi aggregators Rapido today signed a Memorandum of Understanding (MoU) to facilitate skill development for gig workers. The partnership aims to bridge the gap between skilling and employability by integrating trained individuals into the gig economy, providing them with both part-time and full-time job opportunities. It will combine NSDC’s expertise and infrastructure in skilling and training with Rapido’s bike taxi fleet and network to provide sustainable earning opportunities for candidates, accompanied by access to vehicles, skill development programmes, and stable income prospects. Emphasising their shared commitment to…