finance – Page 8 – THE ECONOMIC INDIA

24 Feb

Beezaasan Explotech Limited IPO Closes on February 25, 2025

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New Delhi [India], February 24: Beezaasan Explotech Limited has announced its plan to go public with an Initial Public Offering (IPO) from 21st February 2025 to 25th February 2025, aiming to raise up to ₹59.93 Crores with shares to be listed on the BSE SME platform. The Issue is up to 34.25 Lakh equity shares at a face value of ₹ 10/- each. IPO Details IPO Date February 21, 2025- February 25, 2025 Listing Date – Face Value ₹ 10/- per share Price Band ₹ 165/- to ₹ 175/- per Share Lot Size 800 Shares Total Issue Size Up to 34.25 Lakh Shares…

24 Feb

Gujarat Inject (Kerala) Limited Announces Stock Split Approval and Impressive Q3 FY24-25 Financial Results

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Vadodara (Gujarat) [India], February 24: BSE-listed Gujarat Inject (Kerala) Limited (BSE: 524238), a leading agricultural company, reported a staggering increase of 4,500% in its net profit for the quarter ended December 2024. The company specializes in the trade of bulk vegetables and fruits, sourcing fresh produce directly from farmers and delivering it to shop owners, ensuring quality, freshness, and a seamless supply chain. The Board of Directors of Gujarat Inject (Kerala) Limited approved the sub-division of each equity share of the company having a face value of Rs. 10 into ten equity shares with a face value of Re. 1 each. This move…

20 Feb

Swasth Foodtech India Limited IPO Opens On 20th February 2025

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Kolkata (West Bengal) [India], February 20: Swasth Foodtech India Limited specializes in processing rice bran oil from crude rice bran oil,producing various grades and colours tailored to customer specifications, has announced its plan to go public with an IPO on February 20, 2025, aiming to raise ₹ 14.92 Crores, with shares to be listed on the BSE SME platform. Equity Share Allocation Non-Institutional Investors (NII) – Up to 7,53,600 Equity Shares Retail Individual Investors (RII) – Up to 7,53,600 Equity Shares Market Maker – Up to 80,400 Equity Shares The net proceeds from the issue will be utilized primarily for…

19 Feb

Bajaj Allianz General Insurance Announces Global Insurance Excellence Awards with Asia Insurance Review

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Pune (Maharashtra) [India], February 19: Bajaj Allianz General Insurance, one of the leading private general insurers of India, is thrilled to announce the Global Insurance Excellence Awards (GIEA), which aims to celebrate and honour the outstanding contributions of general insurance and health insurance advisors across Asia, the Middle East, and North Africa. Asia Insurance Review (AIR), a trusted name in the industry, has been chosen to oversee and administer the prestigious Awards for 2025, adding further credibility and international expertise to the event. The event, hosted by Bajaj Allianz General Insurance, will honour exceptional advisors from the insurance industry in India and internationally across eleven…

19 Feb

Mutual Funds and Tax Benefits: What Every Investor Should Know

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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…

18 Feb

ATD Finance Joins Hands with ATD Money to Offer Hassle-Free Instant Salary Advances to Employees

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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…

14 Feb

5 Ways to Trade Digital Gold for Maximum Profit: VT Markets

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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.…

14 Feb

Turn to Gold: Union MF Launches Dual NFOs

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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…

12 Feb

Voler Car Limited IPO opens on February 12, with a price band ranging from Rs. 85 to Rs. 90 per share

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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…

11 Feb

Alieus Hedge Fund Reaches USD 30 Million in Assets Under Management (AUM)

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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…