Category: MARKETS

Mutual Funds add 7 million accounts in 5 months of FY23 as awareness, digital access rise

NEW DELHI: With increase in digital access and growing awareness about mutual funds, asset management companies (AMCs) have added close to 70 lakh investor accounts in the first five months of the current fiscal, bringing the total to 13.65 crore. This came following an addition of 3.17 crore investor accounts in 2021-22 and 81 lakh […]

HIMS Hospital and Sridhar University launch the training of ‘The Invisible Medicine’

New Delhi: With the collaboration of HIMS hospital and Shridhar University, the launch/training of the event ‘the Invisible Medicine’ took place in the huge LTG auditorium situated at Copernicus Marg, Mandi House, New Delhi. Dr. Om Prakash Gupta, Registrar, Shridhar University, was the Chief Guest on the occasion. Apart from the Directors  and Promoters of […]

Revolt Motors opens dealership store in Lucknow

Lucknow/ New Delhi: RattanIndia backed Revolt Motors, India’s next gen-mobility company announced the expansion of its retail presence in Uttar Pradesh. The company opened its first store in Lucknow, Uttar Pradesh region and it is the 20th dealership store across the country. Last month Revolt Motors opened three retail stores in Kolkata, Madurai and Coimbatore. […]

RattanIndia enterprises to drive e-commerce vertical via Rs. 350 cr investment

New Delhi: RattanIndia Enterprises (REL), a leading Company that is building businesses in new-age sectors including electric motorcycles, drone solutions and fintech on Wednesday announced that it has operationalized its e-commerce foray by approving an investment of Rs. 350 crore in its wholly owned subsidiary Cocoblu Retail Limited (Cocoblu). The investment in Cocoblu will further […]

Seven of top-10 most valued firms add over Rs 1.15 lakh crore to m-cap; RIL lead gainer

NEW DELHI: Seven of the top-10 most valued companies together added Rs 1,15,898.82 crore in market valuation last week, with Reliance Industries grabbing the top spot. Last week, the 30-share BSE Sensex jumped 677.17 points or 1.31 per cent. Reliance Industries, HDFC Bank, Hindustan Unilever, HDFC, State Bank of India, Bajaj Finance and Kotak Mahindra […]

Maruti, Toyota, Mahindra & Mahindra remain bullish on long-term growth of used car business

NEW DELHI: Leading automakers Maruti Suzuki India (MSI), Mahindra & Mahindra and Toyota Kirloskar Motor are bullish on the long-term growth prospects of their respective used car verticals even as the second wave of COVID-19 continues to pose severe challenges to the business activities across the country. The companies remain a bit circumspect regarding the […]

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