Aditya Birla Sun Life AMC Limited, a subsidiary of Aditya Birla Capital Limited, and investment manager to Aditya Birla Sun Life Mutual Fund (“ABSLMF”), has launched the Aditya Birla Sun Life Retirement Fund. It is an open- ended retirement solution oriented scheme for investors. The fund has a lock-in period of minimum five years or … Read more
The Security Exchange Board of India (SEBI) have permitted mutual funds and portfolio services (PMS) for trading at commodity market. The board be meeting in the second week of March. SEBI has already made provisions for its entry as a new participant. It is reported that SEBI has tweaked its regulations so that warehouse receipts … Read more
The Bharat 22 ETF has been hitting the charts. In its second follow-on issue, (B22ETF) has been subscribed around 10 times. B22ETF has been the driving force by which the government is divesting stake in 22 companies. Bharat 22 ETF turned out to be a whopping success as its Rs 3,500 crore offer got subscribed … Read more
Bharati AXA Life Insurance has introduced a new child insurance plan ‘Bharati AXA Shining Stars’. This new insurance provides life cover to parents and provides children with financial stability. As mentioned in a press release, the plan shields children from financial insecurity with guaranteed buyouts and helps secure the children’s future. It helps parents choose … Read more
A-1 Acid Ltd. (A-1) is engaged in the business of trading of high quality industrial acid and chemicals. BUSINESS The company offers a wide range of chemical products which finds variety of applications in the industrial sector like chemical, textile, steel, aluminium, pesticides, fertilizers, intermediates, defence, metals and petro refineries. The company also provides transportation … Read more
Supershakti Metaliks Ltd. (SML) forms part of Sai Group which has carved itself into a well known group and established it’s goodwill in iron and steel manufacturing industry. Business SML is operating a Steel Melting Section with installed capacity of 135000 MTPA to produce semi finished product (i.e. Billet) and Rolling Mill Section with installed … Read more