WEB NEWS

by Priya Jadhav  Mumbai, 24th January 2025: LIC Mutual Fund, one of the reputed fund houses in India, is launching LIC MF Multi Asset Allocation Fund, an open-ended scheme investing in equity, debt and gold. The New Fund Offer (NFO) will open on 24th January 2025 and close on 07th February 2025. The investment objective of the scheme is to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity related instruments, debt and money market instruments and units of gold Exchange Traded Funds (ETFs). The benchmark of the scheme is a combination of 65% Nifty 500 TRI + 25% Nifty Composite Debt Index + 10% price of domestic gold. Mr. Nikhil Rungta, Mr. Sumit Bhatnagar and Mr. Pratik Shroff will be the Fund managers of the Scheme. The scheme will reopen for continuous sale and repurchase on 18th February 2025. Commenting on the NFO, Mr. R.K. Jha, Managing Director & Chief Executive Officer of LIC Mutual Fund Asset Management Ltd., said: “The ...

MOS Utility Ltd. (NSE: MOS), through its subsidiary MOS LOG Connect Private Limited, is pleased to announce the formalization of a service agreement with Spacemantra Solutions Private Limited, a subsidiary of Rhiti Sports Group. Rhiti Sports, a leading name in innovation-driven initiatives, has announced a strategic partnership with MOS Utility Ltd, a fast-growing FinTech company listed in 2023, to redefine India’s lotto industry. This agreement aims to drive the marketing and sale of online lotto tickets across India. Under this agreement, MOS LOG Connect will act as a master marketing agent for the sale of online lotto tickets, leveraging its extensive distribution network and advanced technology platform to deliver seamless, secure, and accessible services. Under this initiative, MOS Utility Ltd and Rhiti Sports will empower agents nationwide to facilitate the sale of online lotto tickets. The project aligns with the “Digital India” vision, promoting transparency and creating job op...

by Priya Jadhav Mumbai, Jan 16 ,2025: In a significant milestone for Ayurvedic medicine, Amrith Noni has successfully completed human clinical trials for its flagship product, Amrith Noni Artho Plus. Conducted in collaboration with Nalanda Clinserve under the stringent guidelines of CTRI-Reg India, the trial underscores the brand's commitment to providing high-quality, effective solutions to its customers. Addressing a press conference in Mumbai, Dr. A.K. Srinivasamurthy, Managing Director of ValYou Products Ltd., emphasized the pressing need for innovative treatments for arthritis, a condition affecting over 210 million people in India—15% of the population. Arthritis, which includes more than 100 types such as Osteoarthritis, Rheumatoid Arthritis, and Gout, is more prevalent than cancer, AIDS, and diabetes. He noted, “Stress and unhealthy lifestyle changes have made arthritis a problem for the younger population as well. While there is no complete cure, we must focus on safer and...

by Priya Jadhav  The 3-day event to revolutionize home buying with vast choices, benefits, and focus on women buyers Highlights: Theme:  “Book Your Home in 10 Minutes,” we aim to transform real estate, making home bookings faster and more seamless. Mumbai…January , 2025…The 32nd Property and Home Finance Expo by CREDAI-MCHI, the apex body representing real estate developers in the Mumbai Metropolitan Region (MMR), is scheduled for January 17-19, 2025, at the Jio World Convention Centre. The expo is set to revolutionize the real estate landscape with its bold theme, “The Mall of Homes.” This three-day event aims to transform the home-buying journey, providing innovations and interactive engagements for homebuyers, industry professionals, and key stakeholders. The event will feature over 100+ developers, including prominent names like DGS TOWNSHIP, Adani Realty, AJMERA REALTY & INFRA, Kalaptaru LTD, MICL Group, Rustomjee, Romell Group, Prestige Group, A2O Realty, PURAVANKARA...

by Priya Jadhav  Mumbai, 11th January 2025 : Notandas Realty proudly commences a new era in luxury commercial real estate with the auspicious Bhumi Pujan ceremony of Notan Edge, an architectural marvel set to redefine Juhu’s business landscape. Designed with innovation and sustainability at its core, Notan Edge will offer a premium blend of state-of-the-art infrastructure, eco-friendly features, and modern amenities, catering to businesses that seek excellence in a prime location. This ceremony marks the commencement of the construction phase of the project, signifying a significant milestone for Notandas Realty. Positioned advantageously in Juhu, Notan Edge is poised to transform the landscape of commercial real estate through its cutting-edge design, advanced mechanical parking system accommodating 200 vehicles, and sustainable infrastructure. The development integrates environmentally friendly elements, including double-glazed windows, which are designed to minimize carbon footp...