Business Bureau

HDFC Flexi Cap Fund has delivered exceptional long-term returns, turning a ₹1 lakh investment at inception into approximately ₹1.84 crore as of March 31, 2025. Launched on January 1, 1995, the fund has posted a strong CAGR of 18.82%, significantly outperforming its benchmark, the NIFTY 500 TRI, by ₹1.51 crore over the period. A monthly SIP of ₹10,000 since inception, totaling ₹36.20 lakh, would now be worth an impressive ₹20.24 crore. The fund’s consistent performance through various market cycles has been driven by a disciplined investment philosophy, emphasizing quality companies, valuation prudence, and sectoral positioning. With a bottom-up stock selection…

Toyota Kirloskar Motor (TKM) has strategically launched the Exclusive Edition of its InnovaHyCross in the ZX(O) grade, priced at Rs. 32,58,000/- ex-showroom. Available from May to July 2025, this limited-edition model features a dual-tone exterior in Super White and Pearl White, along with black accents on key exterior components. Interior upgrades include a dual-tone instrument panel, new seat materials, and added features like an air purifier and wireless charger, enhancing the overall driving experience. This launch comes at a time when the Indian automotive market is seeing a significant shift towards eco-friendly and feature-rich premium vehicles. The InnovaHyCross, with its…

CMF, the sub-brand of London-based tech giant Nothing, has announced the official sale of its much-awaited CMF Phone 2 Pro, starting May 5, 2025, at 12 noon. The phone will be available across major platforms like Flipkart, Flipkart Minutes, Vijay Sales, Croma, and leading retail stores nationwide. As a special launch offer, customers can get the CMF Phone 2 Pro for as low as ₹16,999, with attractive bank and exchange offers. Launched globally on April 28, 2025, the CMF Phone 2 Pro promises to be a game-changer with its best-in-segment three-camera system, including a 50 MP main camera with advanced…

The sacred relics of Lord Buddha have arrived in Vietnam, marking the beginning of a significant spiritual event in celebration of UN Vesak Day. The relics, originally enshrined in a vihara in Sarnath, Uttar Pradesh, were transported aboard a special Indian Air Force aircraft and will be on public display from May 2 to May 21, 2025. The grand arrival saw a warm reception, with Union Minister of Parliamentary Affairs and Minority Affairs, Shri Kiren Rijiju, leading the Indian delegation. Alongside him was Shri Kandula Durgesh, Minister for Tourism, Culture & Cinematography of Andhra Pradesh, and several other officials. Minister…

Sattva Sukun Lifecare Limited, a manufacturer of premium aroma and home décor products, has received in-principle approval from the Bombay Stock Exchange (BSE) for its proposed rights issue worth ₹49.50 crore. The company plans to utilize the proceeds to bolster working capital, expand operations, and invest in both existing and potential subsidiaries. Managing Director Mit Brahmbhatt termed the BSE nod a "milestone" in the company’s growth strategy. “With strong demand for our premium aroma products and a 65% rise in revenue and 126% surge in net profit over the nine months ended December 2024, this rights issue will help scale…

Remedium Lifecare Limited (BSE: 539561) has launched its ₹49.19 crore Rights Issue, which will open on April 30 and close on May 14, 2025. The move follows the Bombay Stock Exchange's approval and is aimed at bolstering the company’s transformation into a vertically integrated, research-led global pharmaceutical player. The capital raise aligns with Remedium's recent ₹182.7 crore deal with a UK-based pharma company and will be directed towards boosting working capital, scaling R&D and production, digital transformation, and attracting top talent. A significant portion will go into setting up advanced research labs focused on CNS disorders, metabolic diseases, and oncology.…

In a significant boost to healthcare access in Sikkim, Yashoda Hospitals has officially joined hands with the Government of Sikkim to offer advanced, affordable surgeries to state residents. The empanelment aims to ensure critical treatments are within reach for all eligible beneficiaries under state and central government health schemes. With over 35 years of medical excellence, Yashoda Hospitals is known for cutting-edge services in Cardiology, Nephrology, Urology, Oncology, Neurosurgery, Liver and Bone Marrow Transplants. The collaboration guarantees patients a 35% discount on diagnostics, special rates on OP and IP services, free accommodation for both patient and attendant, and complimentary pickup…

At TiEcon 2025, the world’s leading technology and entrepreneurship conference, India showcased its impressive strides in skilling and AI innovation. Addressing a global audience via a recorded message, Shri Jayant Chaudhary, Hon'ble Minister of State (I/C) for Skill Development and Entrepreneurship, highlighted the government's efforts to nurture over 1 million entrepreneurs through initiatives like Startup India, Skill India, and Atal Innovation Mission. His remarks were made during the opening of TiEcon 2025, held at the Santa Clara Convention Center, California. This year’s theme, “AiVerse,” underscored Artificial Intelligence’s transformative potential across industries. A high-level Indian delegation, led by experts in deep-tech,…

ICICI Bank has inaugurated a new Business Centre branch at Laxmi Chowk, Brahampura, marking its eighth branch in Muzaffarpur and the tenth in the district. The new facility, which includes a 24x7 ATM, was officially opened by Dr. Mithilesh Kumar Jha, Principal of Muzaffarpur Institute of Technology, in a ceremony held earlier this week. The branch will offer a wide array of banking services, including savings and current accounts, fixed and recurring deposits, and various loan options such as home, personal, auto, gold, business, and education loans. Customers will also have access to a locker facility for safekeeping of valuables.…

Nissan Motor India has achieved its highest consolidated annual sales in seven years, clocking over 99,000 units in FY2024-25, propelled by the strong performance of the New Nissan Magnite. This marks a 35% year-on-year growth, with domestic sales at over 28,000 units and exports hitting a historic high of over 71,000 units under the company’s ‘One Car, One World’ strategy. The New Nissan Magnite, launched in October 2024, played a central role in this success, gaining momentum in both domestic and international markets. Nissan expanded its export footprint from 20 to over 65 countries, including left-hand-drive (LHD) markets like Saudi…