Finance

New Delhi [India], February 19: Mutual funds are the one-stop investment solution for people looking to invest in stocks or bonds with the expertise of a fund manager. By paying the price of a single mutual fund unit, the investor gets an expert-curated portfolio of equity, debt, and other instruments. While mutual funds provide several advantages such as low cost, diversification, and professional management, there is certainly one major benefit that every investor should know. There is one type of mutual fund that provides a direct benefit of saving taxes and helps in reducing taxable income. From the world of…

New Delhi [India], February 18: ATD Finance has announced a strategic partnership with ATD Money to provide instant salary advances for corporate employees, ensuring quick access to emergency funds without employer intervention. This collaboration aims to bridge the gap in financial accessibility by offering seamless, short-term loan solutions through a fully digital process. With many companies restricting salary advances due to internal policies, employees often struggle to manage unexpected expenses. Through this partnership, ATD Finance and ATD Money enable salaried professionals to avail unsecured loans ranging from ₹3,000 to ₹50,000. The loan tenure is flexible, extending from 91 to 365…

New Delhi [India], February 14: Trading digital gold has grown to be a profitable choice for investors who want to benefit from the price of gold without having to deal with the difficulties of actual ownership. Traders can use price volatility to their advantage by keeping a careful eye on news, market movements, and economic developments that affect gold prices. Profitable trading requires precise market forecasts because gold’s swings might present chances at the right time, particularly for day traders or those holding holdings for several weeks. VT Markets said, selecting a safe and affordable trading platform is equally crucial.…

New Delhi [India], February 14: Union Mutual Fund has announced the launch of two New Fund Offers (NFOs)—Union Gold ETF and Union Gold ETF Fund of Fund (FoF)—providing investors with an opportunity to add gold exposure to their portfolios in a structured and convenient manner. Both NFOs opened on February 10, 2025. The Union Gold ETF closes on February 17, 2025, while the Union Gold ETF Fund of Fund closes on February 24, 2025. Union Gold ETF is an open-ended scheme replicating/tracking domestic price of gold. Units will be listed on both the stock exchanges (NSE and BSE) within five…

Kolkata (West Bengal) [India], February 12: Incorporated in 2010, Voler Car Limited is engaged in the business of providing reliable, affordable and efficient employee transportation services (ETS) to large MNC’s, IT and ITeScompanies across major Indian cities. The company is going to become public as it has announced to raise Rs. 27 crores through an initial public offering (IPO) with a fresh issue of 30 lakh shares. For its SME Initial Public Offering (IPO), Voler Car Limited has established a price band of Rs. 85 to Rs 90 per share. The company’s shares will be listed on NSE EMERGE, with a projected listing date of Wednesday, February 19, 2025. GYR Capital…

New Delhi [India], February 11: Alieus Hedge Fund is pleased to announce that it now manages approximately $30 million in Assets Under Management (AUM). This milestone reflects the firm’s strong growth, investor confidence, and global commitment to delivering exceptional investment solutions. Since its inception, Alieus Hedge Fund has rapidly expanded its presence in key financial markets, attracting investors from India, the UK, Malaysia, Singapore, Mexico, and beyond. With regulatory approvals under Luxembourg RAIF and the Cayman Islands Monetary Authority (CIMA), the firm continues strengthening its position as a trusted investment partner. “We are proud to reach this milestone of $30 million…

Mumbai (Maharashtra) [India], February 10: Balu Forge Industries Ltd. (BFIL), a leading precision engineering and manufacturing company, approved its unaudited Consolidated Financial Results for the quarter ended 31st December 2024, in the meeting of its Board of Directors held on 7th February 2025. Particulars (in ₹ Mn) Q3FY25 Q3FY24 % increase Revenue 2,557.83 1,470.75 73.91% PAT (Profit After Tax) 590.06 252.07 134.09% EBITDA (Earnings before Interest, Tax, Depreciation, and Amortisation) 677.00 327.14 106.95% Total Comprehensive Income 604.35 254.21 137.74% *Amount in Mn Consolidated Financial Highlights for the Q3 FY25: BFIL registered a robust revenue growth of 73.91% YoY and revenue from operations stood at INR 2,557.83 Mn in Q3FY25 compared to INR 1,470.75 Mn in Q3FY24 because of the constant focus…

New Delhi [India], February 10: Xpedeon’s ERP platform* is designed to enhance efficiency, boost productivity, and manage costs effectively by seamlessly integrating digital workflows across Procurement, Inventory, Plant Management, Contract Management, Manufacturing, Payroll, HR, Financial Accounts, Rentals, and Leasing. With its purpose-built capabilities, Xpedeon empowers organizations to achieve streamlined operations and outstanding project performance. Janak Vakharia has led Xpedeon as Chief Executive Officer since its founding in 1994, transforming the company’s journey from concept to a global ERP solutions provider. His leadership has transitioned Xpedeon from a traditional licensing model to a profitable Cloud/SaaS platform, fostering substantial growth through strategic…

Dubai [India], February 8: FATx empowers investors with a platform that offers exceptional returns and minimal risk. Our innovative investment packages are designed to suit a variety of financial goals, providing daily ROI and flexible reinvestment options. With a secure and transparent system, fatx ensures that your investments are protected and your earnings are maximized. Join our growing community of investors and experience the benefits of a smart, reliable, and lucrative investment platform. Start your journey with fatx today and watch your wealth grow effortlessly. Market Size: The forex market is large, mainly because it’s composed of transactions from international…

Dubai [UAE], February 08: A meme coin (also spelled memecoin) is a cryptocurrency that originated from an Internet meme or has some other humorous characteristic. The term is sometimes used interchangeably with the term shitcoin, which typically refers to a cryptocurrency with little to no value, authenticity, or utilit It may be used in the broadest sense as a critique of the cryptocurrency market in its entirety—those based on particular memes such as “doge coins”, celebrities like Coinye, and pump-and-dump schemes such as BitConnect—or it may be used to make cryptocurrency more accessible. History: In late 2013, Dogecoin was released…