In a major step towards employee welfare, Indian Railways has partnered with the State Bank of India (SBI) to provide significantly upgraded insurance benefits to Railway staff. The Memorandum of Understanding (MoU) is set to benefit nearly 7 lakh employees who hold salary accounts with SBI. Enhanced Coverage…
BLS International Services Ltd., a leading global tech-enabled services provider, announced its entry into the East African market through its wholly-owned subsidiary, BLS International FZE. The subsidiary has acquired a 100% stake in Consular Outsourcing Services Kenya Ltd, strengthening the company’s international footprint. Acquisition Details As per a…
Baroda BNP Paribas Business Conglomerates Fund (BBNPC) NFO Why Conglomerates thrive? Diversified revenue streams mitigate risk: Presence of a conglomerate across multiple sectors diversifies risk, where potentially profitable mature businesses generate steady cash flows that can offset losses from experimental or high-risk ventures. Leveraging Legacy: Conglomerates aim to leverage their…
View on market: Volatility persists, eagerly searching for growth: In Asia, trading opened with modest gains. Technology and artificial intelligence shares remained in focus after a strong performance from a leading Chinese technology company. Japan and South Korea bounced back after recent losses, while Australian shares held steady.…
Union Diversified Equity All Cap Active FOF NFO Key Features: (source: unionmf.com) Union Diversified Equity All Cap Active FOF NFO Scheme Details: The objective of the Scheme is to provide capital appreciation over long term by predominantly investing in Equity Funds which are based on varied market caps…
India’s economy has delivered a strong performance in the first quarter of the fiscal year 2025-26, with real GDP growth accelerating to 7.8% in the April–June period. The data, released by the National Statistical Office (NSO) on 29th August 2025, has surprised many who had projected growth in…
Reliance Industries Ltd (RIL) on Friday held its 48th Annual General Meeting (AGM), where Chairman Mukesh Ambani announced a series of landmark initiatives aimed at defining the corporation’s next phase of growth. The announcements included the much-anticipated Jio IPO, the launch of a new artificial intelligence subsidiary, and…
BNP Paribas Financial Markets executed a series of large block and bulk deals across multiple companies, with major moves in Eternal (Zomato’s parent) and Swiggy. Investment in Eternal BNP Paribas purchased 10.12 crore shares of Eternal via a block deal at ₹318.1 per share, valuing the transaction at…
New Delhi, August 29, 2025 – Credit card spending in India rose 6% month-on-month to ₹1.94 lakh crore in July 2025, up from ₹1.83 lakh crore in June, according to data released by the Reserve Bank of India (RBI). On a year-on-year basis, spending increased 12% from ₹1.72…
The Delhi government has unveiled the draft Delhi Startup Policy, 2025, with a vision to nurture at least 5,000 startups by 2035. The policy emphasizes financial incentives, incubation support, and a robust monitoring framework to build a structured startup ecosystem in the national capital. ₹200 Crore Venture Capital…