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Axis Nifty500 Low Volatility 50 Index Fund floats on

India, Sept. 8 -- Axis Mutual Fund has launched a new Open Ended Growth scheme named "Axis Nifty500 Low Volatility 50 Index Fund" with maturity period of 0 days from the launch date. The New Fund Of... Read More


NITI Aayog launches PACT to accelerate zero-emission freight deployment in India

India, Sept. 8 -- NITI Aayog has launched the Platform for Aggregating Clean Transport (PACT) under its e-FAST India initiative to accelerate the deployment of zero-emission trucks across the country.... Read More


Suzlon secures 200 MW wind energy order from Ayana Renewable Power

India, Sept. 8 -- Suzlon Group on Tuesday announced that it has secured a 200 MW wind energy order from Ayana Renewable Power Ltd, marking its third developer-led wind order spanning Madhya Pradesh an... Read More


RBI extends directions on Nasik Jilha Mahila Vikas Sahakari Bank by three months

India, Sept. 8 -- The Reserve Bank of India (RBI) has extended the regulatory directions imposed on Nasik Jilha Mahila Vikas Sahakari Bank Ltd., Nasik, for another three months. The directions, which... Read More


SGB 2020-21 Series VI premature redemption price set at Rs 15,384 per unit

India, Sept. 8 -- The Reserve Bank of India (RBI) has announced the premature redemption price for the Sovereign Gold Bond (SGB) 2020-21 Series VI, issued on September 8, 2020, at Rs 15,384 per unit. ... Read More


Biocon secures 10-year Pertuzumab supply contract in Brazil

India, Sept. 8 -- Biocon Ltd has signed a partnership agreement with Bahiafarma and Bionovis for the production and commercialisation of Pertuzumab in Brazil under the country's Productive Development... Read More


Vishnu Chemicals, France's DCX Chrome to set up 6,000 MTPA high-purity chromium plant in Vizag

India, Sept. 8 -- Vishnu Chemicals Ltd (VCL) has entered into a definitive Joint Venture Agreement with DCX Chrome SAS, France, to establish a new greenfield manufacturing facility for high-purity chr... Read More


Rupee slips 10 paise to 94.66 against US dollar in early trade

India, Sept. 8 -- The rupee weakened 10 paise to 94.66 against the US dollar in early trade on Tuesday, pressured by a surge in Brent crude prices towards USD 97 per barrel and persistent geopolitical... Read More


Intellect Design Arena unveils MSOCK to enable AI-first banking

India, Sept. 8 -- Intellect Design Arena has launched MSOCK (Multi-Dimension, Multi-Layer System of Connected Knowledge), a next-generation enterprise knowledge technology aimed at enabling accurate, ... Read More


Ashutosh Fibre Ltd. debuts with 52.17% premium at Rs 140.00

India, Sept. 7 -- Ashutosh Fibre Ltd. makes a strong debut on the bourses with scrip got listed at Rs 140.00 on the Bombay Stock Exchange, a 52.17 per cent premium to its issue price of Rs 92.00. On t... Read More