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Axis Max Life Insurance Ltd, formerly known as Max Life Insurance Company Ltd, has announced the launch of Axis Max Life Sustainable Wealth 50 Index Fund. This fund, developed by Axis Max Life, plans to invest in companies that generate consistent cash flows based on the proprietary Sustainable Yield Index. This customised Index will be

Hindustan Zinc Limited (HZL), a Vedanta group company, on Thursday announced that the company reported a drop of 2 per cent on-year in mined metal production at 265kt during the third quarter of FY25. The decrease, it added, was due to lower ore production at Agucha and SK mines partly offset by improved mined metal

From condoms to aloo bhujia, soft drinks, chips and ice cubes packets, and even men’s underwear, New Year’s Eve (NYE) witnessed record-breaking orders for major quick commerce platforms including Blinkit and Swiggy Instamart. The year came to close on a high note for both the platforms, as Blinkit CEO Albinder Dhindsa and Swiggy Co-founder Phani

The Indian stock markets ended the day on a green note on Thursday, January 2, 2025. The Sensex soared by 1436.30 points, or 1.83%, closing at 79,943.71, while the Nifty gained 445.75 points, or 1.88%, ending at 24,188.65. The Nifty Bank index also ended the day in the green, ending the day at 51,605.55, up

ITC Hotels, on January 1, 2025 officially was demerged from its parent company, ITC. The record date for this long-anticipated demerger has been fixed on January 6. If you are an exiting ITC shareholder or buy shares before January 3, you get ITC Hotels shares in the demerger ratio of 1:10. Essentially that means 1

Here’s some good news for you: transferring money to the wrong bank account may soon be a thing of the past! The Reserve Bank of India (RBI) has announced a new initiative to introduce a beneficiary account name lookup facility for the Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) systems. This

UTI Mutual Fund (UTI) has launched an open-ended equity scheme, UTI Quant Fund, that follows a sophisticated quantitative investment strategy. The active equity fund, which combines predictive modelling with UTI’s extensive investment research expertise and investment process, aims to consistently generate alpha over the broad index by dynamically adapting to market conditions and managing volatility

WhatsApp Pay, the payment feature of the widely used messaging platform, has given a go-ahead to roll out Unified Payments Interface (UPI) services for its entire user base in India. The National Payments Corporation of India (NPCI) recently announced its decision to lift the cap on user onboarding for WhatsApp Pay. In an official statement