Business Bureau

Bandhan Mutual Fund has launched the Bandhan Nifty Alpha Low Volatility 30 Index Fund, an innovative open-ended scheme combining Alpha and Low Volatility factors. The fund tracks the Nifty Alpha Low Volatility 30 Index, focusing on stocks that historically generate alpha while maintaining low volatility. The approach seeks to balance growth potential with stability, making it an appealing option for investors navigating uncertain markets. The New Fund Offer (NFO) opens on January 8, 2025, and closes on January 20, 2025. Investors can subscribe via licensed distributors, online platforms, or directly on the Bandhan Mutual Fund website. Speaking about the fund,…

In a strategic move to enhance skill development in India, the National Skill Development Corporation (NSDC) has partnered with Axis My India, a consumer intelligence firm, to leverage data-driven insights to identify and bridge skill gaps. This collaboration aims to improve skilling initiatives by mapping demand and supply across sectors and measuring the impact on beneficiaries, particularly in underserved regions. The partnership will utilize Axis My India's expertise in research and grassroots insights to ensure that skill development programs align with market needs. NSDC aims to enhance the effectiveness of training initiatives by evaluating their impact on employability, income generation,…

Polymatech Electronics, a global leader in semiconductor manufacturing, has announced the establishment of its second plant in India, set to be located in Nava-Raipur, Chhattisgarh. This state-of-the-art facility will focus on the production of advanced semiconductor chips and base stations for 5G and 6G technologies, marking a significant step toward enhancing India’s capabilities in the global semiconductor and telecom sectors. The Chhattisgarh government has extended strong support to this venture, offering a 40% capital subsidy as part of its progressive industrial policy. Polymatech, in collaboration with Simply RF from the UK, will produce semiconductor chips using cutting-edge Gallium Nitride (GaN)…

The much-awaited "Viraasat Special Handloom Expo" will be held from January 8 to 14, 2025, at Mahavir Dharm Sthal, Fancy Bazar, Guwahati. Organized by the Development Commissioner (Handlooms) under the Ministry of Textiles, Govt. of India, the expo will display a stunning array of handloom creations from across India. The event will run daily from 11:00 AM to 8:00 PM, offering visitors a chance to explore unique textiles such as Banarasi, Jamdani, Muga, Ikkat, and many more. The expo aims to promote sustainable and ethical fashion through its #MyHandloomMyPride and #MyProductMyPride campaigns. Attendees will be treated to live weaving demonstrations,…

Indobell Insulations Limited, a leading manufacturer and contractor of specialized insulation products, has launched its Initial Public Offering (IPO) on the BSE SME platform. The company aims to raise ₹1,014.30 lakhs by issuing 22,05,000 equity shares priced at ₹46 each. The IPO will be open for subscription from January 6 to January 8, 2025. The proceeds from the IPO will be utilized for acquiring advanced machinery to enhance production capacity, meeting working capital requirements, and supporting general corporate purposes. The company, which specializes in Nodulated Wool, Ceramic Fibre Nodules, and Mineral Fibre Nodules, caters to various sectors, including power, commercial,…

Telecom giant Vodafone Idea (Vi) has introduced its latest offering, the SuperHero Annual Recharge Packs, providing users unlimited data access from 12 AM to 12 PM daily, paired with robust savings of up to 25% compared to monthly plans. The move caters to India’s surging demand for high-speed data and entertainment needs. Vi's SuperHero Packs come in three variants—₹3,599, ₹3,699, and ₹3,799—offering 2GB daily data for the remaining half of the day, weekend data rollover, and emergency data top-ups with its Data Delight feature. Additionally, premium plans include annual subscriptions to Disney+ Hotstar Mobile or Amazon Prime Lite, enhancing their…

The Rainbow Children’s Heart Institute has successfully performed the world’s first fetal aortic valvuloplasty with device closure on a 27-week-old fetus, diagnosed with critical aortic stenosis. This pioneering procedure, which combines advanced fetal cardiac intervention with a closure device, sets a new global standard in fetal cardiology. The procedure, led by Dr. Koneti Nageswara Rao, Chief Pediatric Cardiologist, and his team, involved using a balloon catheter to relieve the narrowing of the aortic valve, followed by the innovative use of a device to seal the puncture site. This groundbreaking step ensures the safety of the fetus during and after the…

Godrej Agrovet Limited (Godrej Agrovet), a leading diversified agri-business company, has announced the launch of Godrej Pride Hog, a scientifically developed pig feed range designed to provide optimal nutrition at each stage of a pig’s lifecycle. The range includes Starter, Grower, and Finisher variants, ensuring balanced nutrition for better health, immunity, and growth. As part of the launch, Godrej Agrovet organized a roundtable discussion in Guwahati to address preventive measures against African Swine Fever (ASF) and best practices for pig farm management. The event saw participation from industry experts, including Dr. Purnananda Konwar, General Manager, Assam Livestock and Poultry Corporation…

HDFC Mutual Fund has taken a significant step towards financial inclusion by inaugurating 25 new branches across various regions of India. This expansion is part of the company’s mission to make mutual fund investments accessible to more people, especially in underserved areas. The new branches, also referred to as Business Centres, are located in cities such as Bharatpur, Bhusaval, Varachha, Bopal, Wakad, Chittorgarh, and more. With the addition of these 25 branches, HDFC Mutual Fund now operates over 250 branches nationwide, strengthening its position as one of India’s most accessible wealth creators. The company’s efforts align with the Securities and…

Axis Mutual Fund, one of India's leading and fastest-growing fund houses, has opened a new branch in Kharagpur, West Bengal. The branch, located at Seikh Tower, Inda OT Road, Near Kharagpur College, was inaugurated by Mr. Santosh Singh, RRBH, East and South. This move highlights Axis Mutual Fund's commitment to empowering local investors with accessible and personalized financial solutions. The branch will offer a wide range of services, including KYC processing, application handling, and investment account management. Dedicated Relationship Managers will be available to guide investors through their financial journeys, ensuring tailored advice and support. The initiative also strengthens Axis…