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JM Financial AMC closes pre-IPO fund at Rs.700 crore in first tranche

New Delhi, Sept. 2 -- JM Financial Asset Management Ltd has secured commitments of approximately Rs.700 crore at the first close of its maiden pre-IPO fund, JM Financial India Pre-IPO Fund I, a Catego... Read More


KFintech launches ARYA, an AI platform for end-to-end MF transactions

New Delhi, Sept. 2 -- KFin Technologies Limited on Wednesday unveiled detailed specifications for ARYA, its conversational AI platform designed to execute mutual fund transactions directly through nat... Read More


Piccadily's Indian rum Camikara wins multiple international awards, puts India on global spirits map

New Delhi, Sept. 2 -- Camikara, India's first pure cane juice aged rum, as the company states, made by Piccadily Distilleries, has swept multiple international competitions, winning Silver medals for ... Read More


Myntra, VERO MODA launch Marilyn Monroe centenary capsule collection

New Delhi, Sept. 2 -- Myntra and VERO MODA on Tuesday launched a limited-edition capsule collection commemorating 100 years of Marilyn Monroe, making it available exclusively on the Myntra app before ... Read More


Small finance banks' asset quality set for recovery as GNPAs seen falling to 2.8% by March 2027: Crisil

New Delhi, Sept. 2 -- Asset quality at small finance banks (SFBs) is expected to improve this fiscal, driven by a recovery in the credit performance of the microfinance portfolio, alongside continued ... Read More


Welspun Corp, Perma-Pipe sign MoU to set up pipe manufacturing hub in Jordan

New Delhi, Sept. 2 -- Welspun Corp Limited and Perma-Pipe International Holdings have signed a Memorandum of Understanding with the developers of Jordan's National Water Carrier Project and the Jordan... Read More


Hero MotoCorp shares slide 5% as retail data disappoints despite record dispatch numbers

New Delhi, Sept. 2 -- Shares of Hero MotoCorp fell sharply in early trade on Wednesday, sliding nearly 5 per cent on the NSE to Rs.5,282 as of 11.22 AM, against a previous close of Rs.5,555. The stock... Read More


ICICI Bank slips 0.56% as FCNR deposit data reveals $17.88 billion mobilisation

New Delhi, Sept. 2 -- ICICI Bank shares were trading lower on Wednesday morning, down Rs.8 or 0.56 per cent at Rs.1,430 on the NSE as of 11.38 am, after the private lender disclosed details of its FCN... Read More


Nomura Research Institute finds galvanised steel in infra to save Rs.49,580 crore a year

New Delhi, Sept. 2 -- The Nomura Research Institute (NRI) Consulting & Solutions India has found that the use of galvanised steel in infrastructure projects can save up to Rs.49,580 crore annually... Read More


UltraTech Cement expands green logistics with over 600 EV trucks

New Delhi, Sept. 2 -- UltraTech Cement, an Aditya Birla Group company, plans to scale up its electric vehicle fleet in its logistics operations to over 600 EV trucks by the end of this year. UltraTec... Read More