Business Bureau

UTI Asset Management Company (UTI AMC), one of India's leading asset management firms, has announced the opening of its new UTI Financial Centre (UFC) in Raiganj, West Bengal. The centre, located on the first floor beside the SBI Main Branch on M G Road, aims to foster greater financial inclusion in the region. This launch is part of UTI AMC's broader initiative to open 19 new UFCs across South, East, and Northeast India, scheduled for November 18, 2024. The company seeks to strengthen its presence in Tier-II and Tier-III cities, commonly referred to as B30 cities, with the goal of…

UTI Asset Management Company (UTI AMC), one of India's leading asset management firms, is set to open a new UTI Financial Centre (UFC) in Birbhum, West Bengal. Located at Pankajini Lodge, Ground Floor, Shantiniketan Road, Bhubandanga, Bolpur, this centre will be part of a broader initiative to open 19 new UFCs across South, East, and Northeast India on November 18, 2024. The move is aimed at enhancing financial inclusion and offering greater accessibility to mutual fund investments, particularly in smaller cities and towns. UTI aims to bring investors from B30 cities into the mainstream financial ecosystem, thus promoting wider participation…

UTI Asset Management Company (UTI AMC) has announced the opening of its new UTI Financial Centre (UFC) in Begusarai, Bihar, marking a significant step in its expansion drive. The centre, located at Radha Krishna Market, Patel Chowk, Begusarai, will cater to investors in the region and further strengthen UTI’s footprint across India. This launch is part of UTI AMC's broader initiative to open 19 new UFCs in South, East, and Northeast India on 18th November 2024, reflecting the company’s commitment to promoting financial inclusion. The new financial centres aim to bring investors from B30 cities and beyond into the mutual…

UTI Asset Management Company (UTI AMC) is expanding its reach by opening a new UTI Financial Centre (UFC) in Coochbehar, West Bengal. The new centre, located at Ground Floor, Bani Mahal, Silver Jubilee Road, Ward No 6, Dharmatala More, aims to provide seamless access to UTI's wide range of mutual fund offerings. This is part of UTI’s plan to inaugurate 19 new UFCs across South, East, and Northeast India on November 18, 2024. Speaking about the initiative, Mr. Imtaiyazur Rahman, MD and CEO of UTI AMC, highlighted the company's commitment to financial inclusion. "The growth in participation from individual investors…

UTI Asset Management Company (UTI AMC), a top player in India’s asset management industry, has announced the opening of its new UTI Financial Centre (UFC) in Dibrugarh. Located at 1st Floor, House of Subhas Chandra Jain, New Market, H S Road, near Hotel East End, this expansion is part of a broader push to enhance financial inclusion across South, East, and Northeast India, with 19 new centers set to launch on November 18, 2024. Highlighting the significance of this expansion, MD and CEO Mr. Imtaiyazur Rahman remarked, “We are strategically opening new UTI Financial Centers to ensure seamless access to…

A new survey by Godrej Jersey has revealed that 60% of Indian parents prioritize milk for their children to ensure adequate calcium intake. The report, titled Bottoms Up…India Says Cheers to Milk!, highlights diverse reasons why parents across the country include milk in their child’s diet, with many emphasizing its role in maintaining overall health, weight management, and providing essential nutrients. The survey, conducted by YouGov, involved responses from cities including Delhi, Lucknow, Mumbai, Pune, Hyderabad, Chennai, Bangalore, and Kolkata. Notably, Hyderabad-based parents showed the highest preference for milk at 66%, while cities like Lucknow and Kolkata recorded the lowest…

Toyota Kirloskar Motor (TKM) is excited to make this year-end memorable for car buyers with the launch of the Special Limited Edition across its popular models—Glanza, Urban Cruiser Taisor, and Urban Cruiser Hyryder. Following the overwhelming response to the recently introduced Festival Limited Editions, the Special Limited-Edition takes Toyota’s commitment towards customer centricity a step further by offering Toyota Genuine Accessory (TGA) packages.  Apart from the special limited edition, Toyota is offering exclusive year-end offers above Rs 1 Lac in Toyota Glanza, Urban Cruiser Taisor & Rumion (except CNG models). Awesome consumer benefits will continue up till 31st Dec 2024.…

In a significant move towards sustainable energy and industrial growth, Prime Minister inaugurated several initiatives in the petroleum and natural gas sector worth ₹4,027 crore on November 13. These projects, aligned with the Make in India vision, aim to provide cleaner energy solutions and foster domestic production capabilities in Bihar, enhancing local infrastructure and economic potential. Among the key projects is Bharat Petroleum Corporation Ltd.'s (BPCL) City Gas Distribution (CGD) network across Darbhanga, Madhubani, Supaul, Sitamarhi, and Sheohar. With an investment of ₹3,638 crore, the CGD network will deliver piped natural gas (PNG) to households and industries, promoting cleaner energy…

Bajaj Allianz Life Insurance has posted impressive results for Q2FY25, with a robust 34% growth in Individual Rated New Business (IRNB), reaching INR 1,895 crores, compared to INR 1,415 crores in the same period last year. The company's Gross Written Premium (GWP) saw a significant 23% increase, rising from INR 5,338 crores in Q2FY24 to INR 6,544 crores in Q2FY25, further highlighting its strong performance in the insurance sector. The company also reported an increase in Assets Under Management (AUM), which surged by 25% to INR 1,23,178 crores as of 30th September 2024. In terms of market share, Bajaj Allianz…

As World Diabetes Day approaches on November 14, experts are urging people to prioritize mindful food choices to manage rising diabetes rates in India, often dubbed the "Diabetes Capital of the World." With 101 million Indians living with diabetes and 136 million pre-diabetic, adopting dietary changes is critical for effective diabetes management. One such change is incorporating almonds, known for their 15 essential nutrients, including protein, unsaturated fats, and dietary fiber, which support healthy blood sugar levels. Studies, including research led by Dr. Anoop Misra, have demonstrated that almonds help maintain blood sugar control and reduce the impact of carbohydrate-rich…