Technology

Rotomag Enertec Files DRHP for ₹500 Crore IPO; Profit Soars 134% on India’s Energy Transition
28 Sep

Rotomag Enertec Files DRHP for ₹500 Crore IPO; Profit Soars 134% on India’s Energy Transition

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#RotomagEnertecIPO #BanyanTreeExit #DCmotors #SolarPumps #IndiaIPO #SEBI #CleanEnergy #PMKUSUM #GreenManufacturing #FreshIssue Mumbai/Ahmedabad | Mfnewsdaily.in Rotomag Enertec Ltd., a Gujarat-based industrial manufacturer and a key player in India's solar ecosystem, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO). The proposed issue is designed to raise funds for growth while providing an exit route for its long-time private equity backer, BanyanTree Growth Capital. The public issue is a combination of fresh equity and an Offer-for-Sale (OFS). Rotomag plans to mobilize approximately ₹500 crore through the issuance of new…
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Tata Capital IPO: Financial Sector’s Biggest Listing Set to Open October 6
27 Sep

Tata Capital IPO: Financial Sector’s Biggest Listing Set to Open October 6

MFNewsBrands, Breaking News, Business, Entertainment, Mutual Funds, Shares, Technology
#TataCapitalIPO #LargestFinancialIPO #TataSons #IFC #RBICompliance #IPO #financialNews #TataGroup #retailinvestors  Mumbai, India – The financial landscape of India is on the verge of a seismic shift as Tata Capital Limited, the non-banking financial arm of the venerable Tata Group, prepares to launch its massive Initial Public Offering (IPO). This highly anticipated offering, estimated at ₹17,200 crore (approximately $2 billion), is set to open for public subscription on October 6, 2025, and promises to be the largest listing ever witnessed in the country's financial sector. This landmark event, as reported by mfnewsdaily.in, fulfills a critical regulatory mandate and marks the second major listing…
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Prime Minister Inaugurates World Food India 2025: ₹76,000 Crore Investment Pledged
27 Sep

Prime Minister Inaugurates World Food India 2025: ₹76,000 Crore Investment Pledged

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#WorldFoodIndia2025 #NarendraModi #FoodProcessing #MoUs #Investment #AgroProcessing #AtmanirbharBharat #MoFPI #GlobalFoodSecurity #BharatMandapam New Delhi: The fourth edition of World Food India 2025 was inaugurated by Prime Minister Shri Narendra Modi at Bharat Mandapam, New Delhi, on September 25, 2025. The flagship global event, organized by the Ministry of Food Processing Industries (MoFPI), aims to solidify India’s position as the “food basket of the world” and a leader in food processing. Context, Content, and Creativity In his inaugural address, PM Modi described World Food India as an event that has emerged with “context, content, and creativity.” He asserted that India’s unique strengths—its diversity,…
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Medicap Healthcare Files DRHP with SEBI for ₹240 Crore IPO 💊
27 Sep

Medicap Healthcare Files DRHP with SEBI for ₹240 Crore IPO 💊

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#MedicapHealthcare #IPO #DRHP #SEBI #PharmaPackaging #EuroHeadCaps #IndianMarket #FreshIssue #Healthcare #CapitalMarket Chandigarh— Medicap Healthcare Limited, a key player in the Indian pharmaceutical packaging sector, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an Initial Public Offering (IPO). The IPO is a Fresh Issue aggregating up to ₹2,400 million (₹240 Crore), with no Offer-For-Sale component, indicating the company's focus on raising capital for future growth. Company Profile and Market Dominance Medicap Healthcare specializes in producing pharmaceutical closures, including Euro Head caps and bottle preforms. It operates from a state-of-the-art 6,732 sq.…
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Complex Cardiac Patient Gets New Life with Unique Non-Surgical TAVR at Fortis Mohali 💖
27 Sep

Complex Cardiac Patient Gets New Life with Unique Non-Surgical TAVR at Fortis Mohali 💖

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#TAVR #FortisMohali #DrRKJaswal #AorticStenosis #MinimallyInvasiveSurgery #CardiacCare #HeartHealth #Cardiology #MedicalMiracle #FortisHealthcare Chandigarh — The Cardiology team at Fortis Hospital Mohali has achieved a significant medical feat by successfully treating a 62-year-old patient, who was deemed unfit for conventional open-heart surgery, using a complex and unconventional Transcatheter Aortic Valve Replacement (TAVR) procedure. The team, spearheaded by Dr. RK Jaswal, Head of Department and Director of Cardiology and Director - Cathlabs (the first certified independent TAVR operator in the North region), utilized a unique non-surgical approach to replace the diseased aortic valve. The Patient’s Critical Condition and Surgical Challenge The 62-year-old patient was suffering…
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Mrs. Sangita Jindal Conferred French Honour, Chevalier de l’Ordre des Arts et des Lettres
27 Sep

Mrs. Sangita Jindal Conferred French Honour, Chevalier de l’Ordre des Arts et des Lettres

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#SangitaJindal #FrenchHonour #ChevalierDesArtsEtDesLettres #JSWFoundation #CulturalDiplomacy #IndoFrenchTies #HeritageConservation #ThierryMathou #ArtAndCulture New Delhi — Mrs. Sangita Jindal, Chairperson of the JSW Foundation, has been honoured with the Chevalier de l’Ordre des Arts et des Lettres (Knight of the Order of Arts and Letters), one of France’s most prestigious cultural distinctions. The insignia was conferred by the Ambassador of France to India, H.E. Mr. Thierry Mathou, during a ceremony held at her private residence in Mumbai. This recognition celebrates Mrs. Jindal’s exceptional contributions to the arts, culture, and heritage conservation in India and her dedicated efforts in fostering Indo-French cultural ties.   Acknowledging a…
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Axis AMC Appointed as Portfolio Manager for Food Corporation of India Contributory Provident Fund
27 Sep

Axis AMC Appointed as Portfolio Manager for Food Corporation of India Contributory Provident Fund

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#AxisAMC #FCI #TFCICPF #PortfolioManager #ProvidentFund #InvestmentManagement #InstitutionalFinance #BGopkumar #RetirementSavings Chandigarh — The Food Corporation of India (FCI) has announced the appointment of Axis Asset Management Company Ltd. (Axis AMC) as the sole Portfolio Manager for the Trustees Food Corporation of India Contributory Provident Fund (TFCICPF). This significant strategic mandate entrusts Axis AMC with the responsibility of enhancing the governance, security, and growth trajectory of the provident fund's corpus, a vital retirement asset for thousands of FCI members. The selection of Axis AMC highlights the strength of its strong parentage (Axis Bank and Schroders), its robust investment capabilities, and its established track…
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RBI Mandates 15-Day Deadline and Compensation for Deceased Customer Claims: A New Era of Financial Accountability
27 Sep

RBI Mandates 15-Day Deadline and Compensation for Deceased Customer Claims: A New Era of Financial Accountability

MFNewsBreaking News, Business, Opinions, Technology
#RBIDirections2025 #DeceasedClaims #FinancialAccountability #CustomerService #IndianBanking #15DayDeadline #ConsumerProtection #mfnewsdaily #RBI #4PlusBankRate #FinancialReforms New Delhi — In a landmark development set to dramatically improve customer experience in the banking sector, the Reserve Bank of India (RBI) has issued comprehensive and stringent guidelines for the settlement of claims related to deceased customers. The new rules, titled the 'Reserve Bank of India (Settlement of Claims in respect of Deceased Customers of Banks) Directions, 2025,' introduce a mandatory 15-calendar-day timeframe for banks to settle claims and prescribe significant compensation for any institutional delays. This crucial move, as reported by mfnewsdaily.in, aims to standardise divergent banking practices…
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Seeking Stability: Global Thinkers Descend on New Delhi for Kautilya Economic Conclave 2025
27 Sep

Seeking Stability: Global Thinkers Descend on New Delhi for Kautilya Economic Conclave 2025

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#KEC2025 #GlobalEconomicOutlook #IndiaRising #SeekingProsperity #NirmalaSitharaman #SJaishankar #EconomicPolicy #DigitalTransformation #Geopolitics New Delhi — The world's economic compass is pointing toward India's capital as the fourth edition of the Kautilya Economic Conclave (KEC 2025) prepares to launch. With a compelling and highly relevant theme, "Seeking Prosperity in Turbulent Times," the three-day event, running from October 3rd to 5th at the Taj Palace, promises to be a crucial platform for charting global growth amidst exceptional uncertainty. In a time marked by shifting geopolitics, persistent inflation, and technological disruption, the Institute of Economic Growth (IEG), in partnership with the Ministry of Finance, has assembled a…
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Exclusive. Legendary. Unleashed: The Return of the Global Icon – Škoda Octavia RS
27 Sep

Exclusive. Legendary. Unleashed: The Return of the Global Icon – Škoda Octavia RS

MFNewsBrands, Breaking News, Business, Entertainment, Opinions, Technology, Travel
#SkodaOctaviaRS #OctaviaRS #SkodaAutoIndia #PerformanceSedan #LegendReturns #DrivingPassion #RSBadge #CarLaunchIndia #ExclusiveUnleashed #AutoNews Chandigarh – In a move set to electrify India’s automotive enthusiasts, Škoda Auto India has announced the highly anticipated return of its most celebrated performance sedan, the Octavia RS. Pre-bookings for the new Octavia RS will officially open on October 6, 2025, exclusively through the Škoda Auto India website. Arriving as a Fully-Built Unit (FBU) in limited volumes, the Octavia RS will not only rekindle the legacy of its badge but also reaffirm Škoda Auto India’s commitment to delivering high-performance, aspirational cars designed for driving purists. The Return of a Legend…
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