Business Bureau

DSP Mutual Fund on Monday launched four new passive investment schemes—the DSP Nifty Midcap 150 Index Fund, DSP Nifty Midcap 150 ETF, DSP Nifty Smallcap 250 Index Fund and DSP Nifty Smallcap 250 ETF—expanding its low-cost passive offerings aimed at India’s fast-growing midcap and smallcap segments. The funds track two widely followed, rules-based indices that together cover India’s 101st to 500th largest companies, representing the country’s broadest corporate base. According to DSP, the Nifty Midcap 150 and Nifty Smallcap 250 indices have historically outperformed the broader market over long periods. As of October 31, 2025, the Midcap 150 TRI delivered…

Adopting a vegan lifestyle can be both healthy and sustainable if done thoughtfully, according to Ritika Samaddar, Regional Head of Dietetics at Max Healthcare, Delhi. Samaddar recommends building a balanced vegan plate with half fruits and vegetables, a quarter of healthy proteins such as legumes, and a quarter of whole grains like brown rice and millets, complemented by nuts—particularly California almonds—for essential nutrients. Almonds, she notes, are a powerhouse of nutrition, providing 18.4 grams of protein per 100 grams along with fiber, vitamin E, magnesium, and potassium. A daily handful of almonds supports muscle repair, satiety, and overall health. Samaddar…

Axis Mutual Fund has launched its latest offering, the Axis Multi-Asset Active Fund of Fund (FoF), an open-ended hybrid fund designed to provide investors with a diversified portfolio across equity, debt, gold, and silver. The New Fund Offer (NFO) opens on November 21 and will close on December 5, 2025, with a minimum investment of ₹100 and in multiples of ₹1 thereafter. The fund will be managed by Shreyash Devalkar, Devang Shah, Mayank Hyanki, and Aditya Pagaria, and aims to deliver long-term capital appreciation through a dynamically allocated portfolio. Utilizing a quantitative model alongside active oversight, the fund will adjust…

In a remarkable journey from carpenter to prominent contractor, Mr. JatindraNathMondal of East Medinipur has emerged as a key influencer in Kolaghat’s construction sector. Managing 14 active sites with a team of 45 workers, Mondal is celebrated for his commitment to quality and timely delivery. After switching exclusively to ACC Gold in October 2023 due to concerns over product quality and limited technical support from other brands, Mondal has actively promoted ACC products across the region. His advocacy has contributed to a significant shift in the Kolaghat construction market, previously dominated by competitors, towards ACC. Contractors, masons, homebuilders, and engineers…

Canara Robeco Asset Management Company Limited (AMC), India’s second-oldest asset management company, has launched its flagship ‘Nivesh Bus Yatra’ in Assam to enhance awareness about mutual fund investments. The initiative, aimed at educating investors across the state, will cover key cities including Guwahati, Jorhat, Dibrugarh, and Silchar. The bus began its journey in Guwahati, engaging residents through practical learning sessions, digital tools, and live demonstrations to simplify investing and address common misconceptions. “An informed investor not only makes better decisions for themselves but also strengthens the broader financial ecosystem. The Nivesh Bus Yatra brings financial education directly to communities,” said…

Honda Motorcycle & Scooter India (HMSI) conducted a major road safety awareness drive at Jenkins School and Vivekananda Vidyapeeth (V.V.H.S) in Cooch Behar, engaging over 2,400 students in interactive sessions on safe and responsible road behaviour. The initiative aimed to instill everyday safety habits in young minds, emphasizing simple yet crucial practices such as wearing helmets, using pedestrian crossings and avoiding distractions. The participating students were introduced to real-life scenarios through demonstrations, virtual riding simulators and Honda’s scientifically designed modules. They were also trained in KikenYosoku Training (KYT) to help improve danger prediction skills. HMSI highlighted its broader commitment to…

Kotak Mahindra Bank has announced a major stock split to mark its 40th Foundation Day, with the Board approving the sub-division of its equity shares to make them more affordable and enhance market liquidity. The decision, taken at a board meeting in Mumbai, will see each existing equity share of face value ₹5 split into five shares of face value ₹1 each, subject to regulatory and statutory clearances. Part-time Chairman C S Rajan said the milestone reflects Kotak’s long-term commitment to shareholder value. “To encourage wider investor participation by making the Bank’s equity shares more affordable and liquid, the Board…

In a renewed public health push, medical experts and child health advocates have urged parents to prioritise timely meningitis vaccination, warning that the deadly “brain fever” continues to claim thousands of young lives every year. With over 2.5 million cases reported globally annually and nearly 70% of fatalities occurring in children below five, the Meningitis Awareness Initiative seeks to highlight the importance of early detection and prevention. India remains among the top three countries with the highest meningitis-related deaths, driven largely by Acute Bacterial Meningitis. Of the three major pathogens, Neisseria meningitidis shows a case fatality rate of up to…

GE Aerospace has announced a USD 14 million investment to expand its Pune manufacturing facility, coinciding with the site’s tenth anniversary. The move follows last year’s USD 30 million expansion and aims to enhance the plant’s capabilities in advanced engine components through upgraded manufacturing processes and automation. “Our Pune team has delivered components for some of our most advanced commercial jet engines with safety and quality at the forefront,” said Vishwajit Singh, Managing Director of GE Aerospace Pune. “This investment underscores our commitment to the Make in India initiative and advancing India’s role in global aerospace manufacturing.” Since its inception,…

JSW MG Motor India announced that its MG Windsor has surpassed 50,000 units sold in just under 400 days, becoming India’s first four-wheeler electric vehicle (EV) to achieve this milestone. Averaging five sales per hour, the Windsor has quickly emerged as a leader in the country’s 4W-EV segment. The rapid adoption reflects strong customer preference for MG Windsor’s blend of style, performance, and innovative technology. “Achieving 50,000 sales in record time marks a landmark moment in India’s EV journey,” said Anurag Mehrotra, Managing Director, JSW MG Motor India. He added that the company remains committed to advancing New Energy Vehicles…