Business

India’s First ETF based on Equal Weight Strategy
24 Oct

India’s First ETF based on Equal Weight Strategy

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DSP Investment Managers announced the launch of DSP Nifty 50 Equal Weight ETF, India’s First Exchange Traded Fund based on the Nifty 50 Equal Weight Index. In an equal weight index, each stock in it gets equal weight. It gives all companies in the index an equal chance to contribute to returns rather than being overly dependent on the top 10. DSP said that the DSP Equal Nifty 50 ETF, owing to its methodology, aims to provide better sector and stock diversification compared to Nifty 50 Index.Apart from a diversified portfolio at a relatively lower cost, the Nifty 50 Equal…
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ProTeen revolutionises digital career counselling in India
24 Oct

ProTeen revolutionises digital career counselling in India

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ProTeen has announced the launch of its next-generation digital and integrated academic and career guidance platform built for high-school and college students to make informed career choices in the 21st century. With the pandemic amplifying distance education and learning, the demand for digital education platforms has witnessed a steep growth. ProTeen boasts easy navigation, an engaging interface, personalised content, clear actionable academic and career paths, gamification, and much more.ProTeen’s 3D Awareness engine provides integrated academic and career guidance, analytics, and empowers students, counsellors, and parents. It provides top stream and career recommendations for all students, along with comprehensive insights. Since…
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LIC MF Balanced Advantage Fund
24 Oct

LIC MF Balanced Advantage Fund

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LIC Mutual Fund has announced the launch of LIC MF Balanced Advantage Fund (“LICMF BAF”), an open-ended Dynamic Asset Allocation Fund, which would invest across equity and debt & money market instruments using several parameters like valuation and earning drivers.LICMF BAF is a Dynamic Asset Allocation Fund, would aim to generate return, largely through asset allocation strategy, thereby minimizing the impact of losses in adverse market conditions. LICMF BAF model would precisely use this relationship to determine optimum asset allocation level for the scheme. The model uses Interest rates, one year forward Price Earnings ratio and Earnings Yield, to arrive…
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Stamp duty cut helps push home sales in Kolkata
24 Oct

Stamp duty cut helps push home sales in Kolkata

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Demand for housing in Kolkata seems to have improved after the West Bengal government announced a 2% cut in stamp duty and 10% reduction in circle rates for a limited period as part of this year’s Budget.According to Real Insight (Residential) – July-September (Q3)2021, a quarterly report by REA India-owned real estate company, PropTiger.com, builders sold 2,651 units in the West Bengal capital during the July-September period of 2021. This led to a 7% annual and 112% quarterly increase in sales numbers.Under the offer by the state government, which is valid till October 30, 2021, homebuyers in Kolkata pay only…
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2nd North East Medical Expo 2021
24 Oct

2nd North East Medical Expo 2021

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Guwahati gears upto welcomes Northeast No 1 exhibition on medical equipments and hospital needs for the second time at Maniram Devan Trade Centre Guwahati.Post COVID private and government healthcare center about to get upgraded. The two days free entry expo aims to serve a platform for Medical equipments manufacturer's, dealers and distributors , Doctors, Hospital, Management teams, Medical Association members, Medical colleges and institutes,All state Medical Departments etc.2nd edition will witness Exhibitors turn up from all parts of India - Delhi , Gujarat, Kolkata, Mumbai and chennai . There will be around 75th exhibitors and 1000+ visitors according to the…
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Huggies’ new campaign shows the power of a mom’s instinct
23 Oct

Huggies’ new campaign shows the power of a mom’s instinct

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Huggies, the iconic brand by Kimberly-Clark, launches its new campaign #SahiWaliFeeling in its quest to partner with new moms in their inexplicable expedition of ‘motherhood’. The brand aims to champion the power of a mom’s instinct by advocating the belief that #MomWaliFeelinghai #SahiWaliFeeling.Introduced through a TVC, the launch of the campaign will be supported by a high decibel integrated marketing overture, rooted in the product promise of softness and brand philosophy of further tightening the bond between a mother and her baby through the ties of trust and assurance. Commenting on the campaign, Saakshi Verma Menon, Marketing Director, Kimberly-Clark India…
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Webinar organized by Sikkim Unit, DoT, WBLSA
23 Oct

Webinar organized by Sikkim Unit, DoT, WBLSA

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India is celebrating 75th year of Independence as Azadi Ka Amrit Mahotsav and this session was organized as part of DoT’s public advocacy programme to commemorate the monumental occasion and to build a new Atmanirbhar Bharat by ensuring a robust telecom network with state of art technology and the best quality of service.As part of this celebration, Department of Telecommunications (DoT), Sikkim Unit, West Bengal License Service Area (LSA) organized a Webinar on 16th October, 2021 on two topics namely, “Impact of USOF Project on Village Coverage in Sikkim”&“Bursting Myths on Electromagnetic Radiation”.The webinar was attended by Government officials, Telecom…
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IndiaFirst Life Introduces ‘Saral Bachat Bima’ Plan
23 Oct

IndiaFirst Life Introduces ‘Saral Bachat Bima’ Plan

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IndiaFirst Life Insurance Company Limited (IndiaFirst Life), promoted by Bank of Baroda and Union Bank of India has introduced IndiaFirst Life Saral Bachat Bima Plan, a savings and protection cover for the entire family. This non-linked, non-participating, individual, limited premium policy provides a shorter pay commitment of five or seven years while keeping you and your entire family protected for 12 or 15 years.IndiaFirst Life claims that the Saral Bachat Bima Plan is a competitively priced plan that helps in saving for future financial needs. It secures family’s future of the plan holder in case of an unfortunate event. Furthermore,…
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Signify launches Philips HexaStyle
23 Oct

Signify launches Philips HexaStyle

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Signify (Euronext: LIGHT), has launched its Philips unique, first-of-its-kind HexaStyle LED downlight in India. The light is hexagonal shaped that can be arranged in different patterns to create unique designs in the ceiling. The downlight offers high energy efficiency of 100 lumens per watt and is available in both warm white and cool white options and three wattages - 8W, 12W and 15W. It also features the company’s Eye Comfort Technology which is designed to be easy on the eyes.Downlights are a growing category in India and are very popular amongst people building new homes or making structural renovations. Commenting…
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Western Union’s multi-generational study
23 Oct

Western Union’s multi-generational study

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Western Union, has released a new multi-generational study on ‘Education Overseas – An Evolving Journey’, to understand the collective journey Indian families go through as they strive toward their child’s international education and a global future. The study, commissioned by Western Union to NielsenIQ, provides a 360-degree perspective on the rapidly changing landscape, evolving priorities, key barriers and emerging trends that impact the decision-making process of students planning to study abroad.The findings highlight a considerable shift in perspective of how students and parents are now viewing options for education abroad. Per data available from the Ministry of External Affairs, students…
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