The SME platform, launched in 2012, has played a role in providing emerging businesses with an alternative avenue for raising funds. Over the past decade, the platform has facilitated the raising of over Rs 14,000 crores, with approximately Rs 6,000 crores being raised in the fiscal year 202
Mumbai (Maharashtra) [India], August 28: Aditya Birla Capital Digital Limited ("ABCDL"), the digital-first arm of India's leading financial services conglomerate, Aditya Birla Capital, today, announced the launch of a suite of three new product offerings - DigiGold Gifting, Family Health Sca
Bengaluru (Karnataka) [India], August 28: Lobb has emerged as the fastest-growing digital freight brokerage platform connecting truckers and transporters PAN India. Customers include many top Logistics brands. Working with 1200 logistics companies and over 5000 fleet owners encompassing 3
A shocking case of embezzlement involving multiple hospitals for allegedly trying to siphon off funds from the Telangana State Chief Minister Relief Fund (CMRF) has come to light in Hyderabad on Monday.
Under the Employees' Provident Funds Scheme, a total of 1.09 crore new EPF subscribers were added during the financial year 2023-24, the Ministry of Statistics and Programme Implementation said in a report on Friday.
Pune (Maharashtra) [India], August 23: Getting a loan can often be a time-consuming process, involving extensive application steps and delayed fund disbursement. However, in emergencies where quick funds are needed, a pre-approved loan offer can bypass these delays. Bajaj Finance offers I
The Securities and Exchange Board of India (SEBI) on Friday imposed ban on businessman Anil Ambani, 3 key officials of his company and 23 companies associated with him, from trading in the stock market for a period of five years.
According to the Axis Mutual Funds monthly data report, total Assets Under Management (AUM) for mutual funds in July 2024 increased by 40 per cent compared to the previous year, but redemptions surged by 61 per cent during the same period.
Pune (Maharashtra) [India], August 20: Savings+ is a new and innovative facility provided by Bajaj Finserv Asset Management Ltd that helps investors make their idle money work for them. It helps you seamlessly invest surplus funds from your account into the Bajaj Finserv Liquid Fund or Ba
The shares of IndusInd bank surged more than 2.67 per cent after the bank received approval from the Reserve Bank of India (RBI) to establish a wholly-owned subsidiary for undertaking the asset management business of Mutual Funds, the bank informed the exchange in a filing.
The Assets Under Management (AUM) of equity mutual funds have surged by 5.37 per cent sequentially to Rs 25,12,845.59 crore in July 2024 from Rs 23,84,727.69 crore in June 2024, PL Wealth Management said in a statement.