Royal Enfield, the iconic mid-size motorcycle brand, has announced a price reduction of up to ₹22,000 across its 350cc range, following the recent GST rate rationalisation introduced by the government. The revised prices will take effect from September 22, 2025. Passing on GST Benefits The company confirmed that…
Why you should choose this fund? (source: hdfcfund.com) HDFC Diversified Equity All Cap Active FOF Mutual Fund HDFC Mutual Fund Scheme Name HDFC Diversified Equity All Cap Active FOF Objective of Scheme To generate long-term capital appreciation / income by investing in units of domestic equity-oriented schemes based…
Sumitomo Mitsui Banking Corporation (SMBC), one of Japan’s largest financial institutions, is preparing to pare down its holding in Kotak Mahindra Bank. The lender will offload a 1.65% stake via a block deal, estimated at around ₹6,166 crore, according to a CNBC-TV18 report. Deal Details The shares will…
Mamata Machinery Limited, a leading manufacturer in the flexible packaging machinery sector, has announced that it has secured a new USD 1.17 million export order for a 9-layer blown film plant from a customer in the UAE. This marks the company’s third consecutive order in this segment and…
The LNJ Bhilwara Group has completed the acquisition of Statkraft’s 49% minority stake in Malana Power Company Ltd (MPCL). With this deal, its subsidiary Bhilwara Energy Ltd now holds 100% ownership of the company. Assets Under the Deal The acquisition covers Statkraft’s holdings in: Malana Hydropower Plant (86…
Following the government’s decision to revise Goods and Services Tax (GST) slabs last week, several auto companies have rolled out price cuts, fully transferring the benefit to customers. On Tuesday, major names including Bajaj Auto, Jaguar Land Rover, Volvo Cars, Jeep India, Honda Cars, and Yamaha Motor announced…
Cupid Signs term sheet to acquire a strategic stake in Mansam, a Saudi Arabian luxury fragrance brand founded in 2022. Bajaj Auto Announces full GST benefit will be passed on to customers, cutting prices by up to ₹20,000 on two-wheelers and ₹24,000 on three-wheelers. HEG Associate firm Bhilwara…
View on market: Volatility persists, eagerly searching for growth: Asian markets moved higher, following strong gains on Wall Street where hopes of interest rate cuts lifted investor mood. Stocks in China, Japan, and South Korea advanced, showing positive regional sentiment. In the US, futures were steady, while European…
Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) continue to grow steadily in India, offering strong distributions and expanding portfolios, though retail investor participation remains low compared to global standards. Industry bodies emphasize that awareness programs and investor education are key to improving retail engagement. REITs…
GREW Solar, part of the Chiripal Group and a leading solar PV manufacturer, announced on Monday that it has raised ₹300 crore from a group of investors, including prominent investor Vijay Kedia and Rohit Kothari of GeeCee Holdings. Purpose of the Funding The company stated that the funds…