The Indian mutual fund industry is experiencing a surge in New Fund Offers (NFOs), with over 180 new launches in the last financial year alone. This collected over ₹75,000 crore across active and passive asset classes. This trend shows no signs of slowing in FY24-25, with thematic NFOs alone collecting ₹54,700 crore so far. The passive category…
The era of cheap prices has returned again for the middle class. The reason for this is the government’s return of cheap flour and rice of ‘Bharat Brand’ to the market. The government had started selling goods under the ‘Bharat’ brand so that common people could get essential ration at cheap and affordable prices. The…
Mumbai: Sagility India IPO opened for subscription on November 5, 2024 and close on 7th November. The company is engaged in the business of providing technology-enabled services in the healthcare services space. The company mobilised over Rs 945 crore from anchor investors on Monday. The BSE website mentioned that Goldman Sachs (Singapore) Pte, LLC (EMSC), Florida…
Now, if there is any dispute among the big business houses of the country, then its information comes to the common people. Recently you might have heard about the fight between the father and son and his wife in the Singhania family of the Raymond Group, or you might have heard about how the mother…
Job opportunities are increasing rapidly in the country. Jobs have increased by 10% in October, good development has also been seen in the manufacturing sector. The month of October has proved to be better for jobs in India. A 10% jump has been seen in white collar jobs in October. According to the Naukri Jobspeak…
Modernization and localization work of the country’s army is currently going on. In such a situation, Tata Group and Baba Kalyani’s Bharat Forge Group can soon start manufacturing a ‘desi weapon’. This weapon has been developed by the Defense Research and Development Organization (DRDO) itself for the army. Both these groups may get the work…
The festival of Chhath will be celebrated with full enthusiasm starting from 5th November i.e. Nahay Khay till 8th November. This festival, which will last for four days i.e. 96 hours, will see the participation of people from all over India, especially Bihar and Jharkhand, as well as people from Purvanchali communities living in different…
Shares of Raymond Ltd are in news today after the conglomerate reported its Q2 earnings. Raymond reported a 63 per cent fall in consolidated net profit to Rs 59.01 crore in Q2 of this fiscal against net profit of Rs 161.16 crore in the year-ago period. Total income climbed to Rs 1,100.70 crore during July-September…
There has been a big change in the rules of Tata family. Ratan Tata’s half-brother Noel Tata has been included in the board of Tata Sons, the holding company of Tata Group. According to Tata family rules, Noel Tata could not join the board of Tata Sons. This is because, in the year 2022, Tata…
Key stocks are set to attract significant attention on November 5, 2024, including Reliance Industries, Bata India, Afcons Infrastructure, and Indian Railway Finance Corporation Ltd (IRFC). IRFC Reports Strong Q2 Earnings On November 4, IRFC announced a robust 4% increase in net profit, reaching ₹1,613 crore for Q2 of the current financial year. The…