In FY 2024-25, a total of eleven new passive funds (Exchange Traded Funds and Index Funds) tracking Nifty Indices were launched in Japan and Korea. Of these, 9 funds track the Nifty 50 Index, while one tracks the Nifty India Corporate Group Index – Tata Group 25% and another tracks the Nifty Midcap 50 Index. Sl. No. Issuer Name Country Index Name 1 Amundi Asset…
Signature Global Posts Record INR 102.9 Billion Pre-Sales in FY25, Beats Guidance with 42% YoY Growth
New Delhi, April 10th, 2025: Signature Global (BSE: 543990|NSE: SIGNATURE), a leading real estate developer in India, has announced its highest-ever annual pre-sales of INR 102.9 billion in FY25, registering a robust 42% year-on-year growth, and surpassing its pre-sales guidance. The company also achieved record annual collections of INR 43.8 billion, marking a 41% YoY […] The post Signature Global Posts Record INR 102.9 Billion…
Kotak Mutual Fund launches Kotak Nifty 10 Equal Weight Index Fund
India, April 10, 2025: Kotak Mahindra Asset Management Company Ltd (“KMAMC” / “Kotak Mutual Fund”) announced the launch of the Kotak Nifty Top 10 Equal Weight Index Fund, an open-ended scheme replicating/tracking the Nifty Top 10 Equal Weight Index. The scheme opens for public subscription on April 7, 2025, and closes on April 21, 2025. The […] The post Kotak Mutual Fund launches Kotak Nifty 10…
Emkay Global’s Madhavi Arora Shares Expert Insights on Latest RBI MPC Data
RBI MPC: Keeping the guards ready RBI’s unanimous 25bps rate cut and stance change to “accommodative” reflect the uncertain global environment and benign inflation environment; the change in stance provides a directional easing bias going forward. Given global volatility and uncertainty, the MPC chose not to frontload all its actions and thus kept its powder […] The post Emkay Global’s Madhavi Arora Shares Expert Insights…
RBI Cuts Repo Rate to 6% for Second Time in a Row, Citing Growth Worries
Mr. Prashant Sharma, President, NAREDCO Maharashtra “The RBI’s decision to reduce the repo rate by 25 basis points to 6% comes as a welcome and timely move for the Indian economy. At a time when global headwinds and tariff concerns loom large, the accommodative stance by the MPC will serve as a much-needed catalyst to […] The post RBI Cuts Repo Rate to 6% for…
RBI’s Accommodative Stance and Reforms Timely for Growth: Industry
By – Mr. CS Setty, Chairman, SBI Chandigarh, April 10, 2025: “The RBI rate cut coupled with the revision in stance to accommodative was a swift, timely move and a forward guidance to the market to stay supportive against evolving global uncertainties. The revision of stance to accommodation will cushion the secondary impact of tariffs […] The post RBI’s Accommodative Stance and Reforms Timely for…
Mumbai Tops List of Most Forgetful Cities in 2024: Gold Biscuit, Wedding Saree Left Behind in Ubers
Chandigarh, April 10th, 2025: Uber today released the 9th edition of its Lost and Found Index, a snapshot of the most frequently forgotten items, the most forgetful cities, as well as the days of the week and times of the year when Uber riders tend to be most forgetful. Mumbai edged out Delhi to bag […] The post Mumbai Tops List of Most Forgetful Cities…
Mia by Tanishq Unveils ‘fiora’ Collection This Akshaya Tritiya, Inspired by Nature’s Beauty
April 10th 2025: As Akshaya Tritiya draws near, Mia, from the house of Tanishq, one of India’s leading fine jewellery brands, unveils its latest collection, ‘Fiora’, to celebrate the auspicious occasion. ‘Fiora – Inspired by Your Bloom’ is a tribute to the journey of every woman, capturing the beauty of self-expression, new beginnings, and the […] The post Mia by Tanishq Unveils ‘fiora’ Collection This…
India Global Forum’s ‘NXT25’ Sparks $50 Billion Investment Surge in Mumbai
Mumbai: In a major boost to investment and economic growth, Memoranda of Understanding (MoUs) worth approximately $50 billion USD were announced today between the Government of Maharashtra and leading domestic and global investors at the India Global Forum’s ‘NXT25’ Summit, held at the Jio World Convention Centre in Mumbai. The Mumbai Metropolitan Region Development Authority […] The post India Global Forum’s ‘NXT25’ Sparks $50 Billion…
IIT Mandi’s Vijay Kumar Sharma Awarded Fellow Membership of Institute of Engineers – India
April 10th, 2025; Mandi: Superintending Engineer – Vijay Kumar Sharma from IIT Mandi has been awarded with a fellow membership by the “Institute of Engineers (India)”. With over 30 years of experience in the field of civil engineering, Sharma contributed to the numerous significant projects throughout his career. It was for his outstanding performance over two years at IIT Mandi, he has been selected as…
Coromandel International and Saudi Mining Company Ma’aden Collaborate on Fertilizers
Mumbai, 10th April 2025: Coromandel International Limited, India’s leading agri-solutions provider, and Ma’aden, one of the world’s largest producers of phosphate fertilisers, have further strengthened their longstanding partnership by signing a Memorandum of Understanding (MoU) for the long-term supply of Di-Ammonium Phosphate (DAP) and NP/NPK fertilisers. The MoU was signed on April 9, 2025, by Mr. Narayanan Vellayan, Director – Strategic Sourcing, Coromandel International Limited,…
Sizzle Alert: Korean Spicy Fest Lands at Burger King
Chandigarh, April 10, 2025: Burger King India is bringing the bold and exciting flavours of Korea to its guests with the launch of its Korean Spicy Fest, a limited-time menu designed to tantalize taste buds with the perfect fusion of heat and authentic flavours. Launching nationwide on April 2nd, this fiery new range is set to excite Gen Z, millennials, and spice lovers alike. Whether you’re…
Second Repo Rate Cut Brings Big EMI Savings for Homebuyers
By: Ashish Kukreja, CEO and Founder “The repo rate reduction is a massive relief for homebuyers in the form of equated monthly installments (EMIs) for their homes. This is the second rate cut in a row, following a 25 basis points cut in February. The repo rate reduction to 6% lowers the cost of funds for banks, enabling them to pass on the benefit to…
Electric Milestone: 3000 Mahindra Origin SUVs Delivered
Chandigarh, April 10, 2025: Mahindra today announced a major milestone in its electric mobility journey, with over 3000 customer deliveries of its all-electric Origin SUVs—the XEV 9e and BE 6—completed since the commencement of deliveries on March 20, 2025. The response to Mahindra’s new electric SUV portfolio has been overwhelming. Both the XEV 9e and BE 6 continue to witness strong booking momentum, with majority…
Muthoot FinCorp Sees Regulatory Framework as Catalyst for Sustainable Growth
By: Mr. Shaji Varghese, CEO of Muthoot FinCorp, In response to the recent monetary policy updates, Muthoot FinCorp has expressed a forward-looking and optimistic stance, emphasizing the role of regulatory frameworks in fostering sustainable business growth across the financial sector. A spokesperson for Muthoot FinCorp stated, “At Muthoot FinCorp, we view regulations and regulatory actions as enablers that provide a framework for sustainable business growth.…
Mahindra Aerostructures Wins Airbus H130 Contract
Chandigarh, April 10, 2025 – Mahindra Aerostructures Pvt. Ltd. (MASPL), a part of the Mahindra Group, has been awarded a prestigious contract by Airbus Helicopters to manufacture and assemble the main fuselage of its H130 light single-engine helicopter — marking a major milestone for India’s ‘Make in India’ vision and further cementing Mahindra’s position as a trusted partner in the global aerospace supply chain. The contract…
Mahindra LMM Emerges as Top EV CV Manufacturer
Chandigarh, April 10, 2025: Mahindra Last Mile Mobility Limited (MLMML), India’s leading commercial electric vehicle (EV) manufacturer, has reaffirmed its market dominance in FY25 – the fourth time in a row. With its flagship brands Treo and Zor Grand, MLMML has driven electrification in the L5 category, contributing to a significant 24.2% EV penetration in the segment. This marks a substantial increase from 16.9% EV penetration…
Where Spring Blooms in Every Stitch: Style Inspiration
Bahaar-e-Gul, the latest collection from the house of Sheetal Batra, is a poetic ode to nature’s bloom, capturing the gentle elegance of a garden in full flourish. Rooted in delicate craftsmanship and a timeless design philosophy, this collection seamlessly blends heritage embroidery with contemporary silhouettes, celebrating the essence of spring and summer. The collection is dipped in soft pastel floral hues like daisy Ivory, gentle…
Havan Puja Conducted at Hariyana International Academy
Kolkata, 10 April 2025: To lay a sacred and spiritual foundation ahead of the auspicious inauguration on 13 April 2025. The solemn ritual was performed by the Seniors Trustee Members, Chairman Sajan Bansal, President Suresh Chand Bansal, Shyam Sunder Jindal, Purushottam Rai Bansal, Ram Chandra Badopalia, Dr Sawar Dhanania, Pramod Kumar Gupta, Dayanand Rawalwasia, Ashok Rawalwasia, Vitul Badopalia, Basant Dhanania, Gorav Rawalwasia, Radheshyam Gupta and Trust…
Century WPC Revolutionizes the Louvers Market with Innovations
Kolkata, India, 10th April 2025– Century, a trailblazer in the Indian home and commercial interior products industry, is proud to announce the launch of its premium quality product named louvers made from WPC (Wood-Plastic Composite), marking a significant step towards uplifting the Indian market for aesthetic and functional interior and exterior solutions. The product is being launched in the key cities of Delhi and Bangalore,…
Tilt to Handle Britannia’s Cakes, Rusks & More
Mumbai,10th April, 2025: Britannia Industries, one of India’s leading FMCG companies, has named Mumbai-based Tilt Brand Solutions as its Brand & Communication Agency on Record for the Cakes, Rusk, Bread and Croissant portfolio. Tilt’s mandate will be to craft the brand strategy for Britannia’s adjacency business which will deepen consumer relationships. Shekhar Agarwal, General Manager – Marketing, Britannia commented, “For Britannia’s adjacency portfolio, it was imperative that we…