Business

Bandhan Mutual Fund launches CRISIL-IBX 10:90 Gilt + SDL Index – Dec 2029 Fund
26 Feb

Bandhan Mutual Fund launches CRISIL-IBX 10:90 Gilt + SDL Index – Dec 2029 Fund

Business BureauBusiness
Bandhan Mutual Fund has introduced the Bandhan CRISIL-IBX 10:90 Gilt + SDL Index – Dec 2029 Fund, an open-ended target maturity index fund designed to provide investors with a structured and sovereign-backed investment opportunity. The fund comprises 90% State Development Loans (SDLs) and 10% Government Securities (G-Secs), offering a balance of stability and optimized returns. The New Fund Offer (NFO) opens on February 25, 2025, and closes on March 5, 2025. Vishal Kapoor, CEO, Bandhan AMC, highlighted the importance of investing in high-quality fixed-income instruments amid evolving market conditions. “This fund provides investors with liquidity and reasonable return visibility if…
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Tata Power signs a pivotal MoU at Advantage Assam 2.0
26 Feb

Tata Power signs a pivotal MoU at Advantage Assam 2.0

Business BureauBusiness
Tata Power has signed a significant Memorandum of Understanding (MoU) with the Assam Government to develop up to 5000 MW of renewable and clean energy projects, including solar, wind, hydro, and energy storage. The agreement, signed at Advantage Assam 2.0, entails an investment of ₹30,000 crore over the next five years. The MoU was formalized between Dr. Krishna Kumar Dwivedi, Principal Secretary (Power), Government of Assam, and Dr. Praveer Sinha, CEO & MD, Tata Power, in the presence of Assam Chief Minister Himanta BiswaSarma. The Assam Government will facilitate the identification of 20,000 acres of encumbrance-free land and ensure necessary…
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Bharti Airtel shares upgrade 3% after 6-day decline on 5G partnership with Ericsson
25 Feb

Bharti Airtel shares upgrade 3% after 6-day decline on 5G partnership with Ericsson

editorBusiness, News
Bharti Airtel shares jumped nearly 3% on the NSE during intraday trade on February 25 to hit ₹1,649.15, snapping a six-day losing streak. The rally came after the telecom giant announced a partnership with Ericsson to deploy 5G core solutions that support its transition to a full-scale 5G standalone (SA) network over time.In an exchange filing, Airtel said, "This collaboration will enable Airtel to seamlessly transition to a commercially live, full-scale 5G standalone network, delivering high-end 5G capabilities to customers."The deal will see Ericsson deploy its signalling controller solutions as well as 5G standalone-enabled charging and policy solutions within Airtel's…
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MS Dhoni teases hair secrets in new Garnier Black Naturals campaign
25 Feb

MS Dhoni teases hair secrets in new Garnier Black Naturals campaign

Business BureauBusiness
In a playful new teaser, cricket legend MS Dhoni and his wife Sakshi share insights into his youthful look, all thanks to Garnier Black Naturals. The banter-filled clip reveals how Sakshi takes credit for Dhoni’s hair color while Dhoni keeps his “Trusted Secrets” close. During the teaser, Sakshi shares how a recent interviewer marveled at Dhoni’s youthful appearance at 43, claiming he still looks like he’s in his 30s. Dhoni humorously credited his hair and beard color, with Sakshi quickly adding that she’s responsible for the touch-ups. When asked what product he uses, Dhoni flashed his signature grin and kept…
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Sajjan Jindal honored as ‘Business Leader of the Decade’ at AIMA Managing India Awards
25 Feb

Sajjan Jindal honored as ‘Business Leader of the Decade’ at AIMA Managing India Awards

Business BureauBusiness
JSW Group Chairman Sajjan Jindal has been conferred with the prestigious 'Business Leader of the Decade' award at the 15th AIMA Managing India Awards, recognizing his transformative leadership in expanding JSW Group into a global powerhouse. The award was presented to Jindal in a ceremony attended by Union Minister of Education Dharmendra Pradhan as the Chief Guest and Minister of State for Commerce and Industry Jitin Prasada as the Guest of Honour. Yezdi Nagporewalla, CEO of KPMG India, read the citation acknowledging Jindal’s contributions. Under his leadership, JSW Group has doubled its revenues to $24 billion and nearly tripled its…
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DGT partners with Subros Ltd. to boost skilling in automotive air-conditioning manufacturing
25 Feb

DGT partners with Subros Ltd. to boost skilling in automotive air-conditioning manufacturing

Business BureauBusiness
The Directorate General of Training (DGT), under the Ministry of Skill Development and Entrepreneurship (MSDE), has signed a Flexi-MoU with Subros Limited to enhance skilling in the automotive air-conditioning manufacturing sector. The agreement, signed in the presence of Minister of State (I/C) Jayant Chaudhary, aims to provide industry-aligned training and employment opportunities for Indian youth. Under the partnership, Subros Ltd. will act as the Industry Training Partner (ITP), identifying skill gaps, developing training curricula, and providing hands-on learning infrastructure, including classrooms and workshops. DGT will oversee candidate assessments and certification, while Subros will ensure placement for at least 50% of…
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Tata AIA launches Multicap Momentum Quality Index Pension Fund for smarter retirement planning
25 Feb

Tata AIA launches Multicap Momentum Quality Index Pension Fund for smarter retirement planning

Business BureauBusiness
Tata AIA Life Insurance has introduced the Multicap Momentum Quality Index Pension Fund, a market-linked retirement solution designed to provide long-term capital growth with a disciplined investment strategy. The fund, available under Tata AIA’s Smart Pension Secure plan, focuses on momentum-driven, high-quality stocks selected from the Multicap Momentum Quality 50 Index. It offers exposure across large, mid, and small-cap stocks, ensuring diversification and stability while aiming for high risk-adjusted returns. The New Fund Offer (NFO) opens on February 21, 2025, and closes on February 28, 2025. Investors can access it through Tata AIA’s digital platforms, including Policybazaar, Tata Neu, and…
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M&M shares inflation nearly 2% as Jefferies maintains ‘buy’ call, sees over 50% gain
24 Feb

M&M shares inflation nearly 2% as Jefferies maintains ‘buy’ call, sees over 50% gain

editorBusiness, News
Shares of Mahindra & Mahindra surged in morning trade on February 24, recovering from a sharp 6 percent drop in the previous session to rise nearly 2 percent to Rs 2,712. The surge came after Jefferies reaffirmed its 'buy' rating, setting a target price that indicates significant upside from current levels. With a price target of Rs 4,075, the international brokerage estimates a staggering 52.6 percent upside potential from the last close of Rs 2,669 on the National Stock Exchange. M&M shares witnessed the biggest single-day fall in nearly 7 months during the previous session. Analysts at Jefferies view the…
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Bajaj Allianz General Insurance launches Global Insurance Excellence Awards 2025
24 Feb

Bajaj Allianz General Insurance launches Global Insurance Excellence Awards 2025

Business BureauBusiness
Bajaj Allianz General Insurance has announced the launch of the Global Insurance Excellence Awards (GIEA) 2025 to honour outstanding general and health insurance advisors across Asia, the Middle East, and North Africa. The awards, administered by Asia Insurance Review (AIR), aim to recognise excellence in the insurance advisory sector. The awards will feature eleven distinct categories, acknowledging achievements in health, motor, property, and multiline insurance, among others. A panel of eminent international experts, including industry leaders from Singapore, Malaysia, Egypt, Sri Lanka, and India, will evaluate the nominees. Winners will be announced later in the year and celebrated at a…
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