Spices maker MDH says its products safe for consumption, received no communication from Hong Kong or Singapore

In a response to the allegations made against the spices of MDH, it said its products doesn’t contain ethylene oxide or any other harmful products as well as the company has not got any communication from regulators and authorities in Hong Kong or Singapore about alleged contamination in its products. Hong Kong earlier this month…

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Yes Bank net profit Growth 123% quarter-on-quarter to Rs 452 crore in Q4

Yes Bank Q4 Results Highlights: Indian private lender Yes Bank reported a significant 123% year-on-year growth in net profit for the fourth quarter (Q4) of FY24,increased to ₹452 crore from ₹202.4 crore in the same quarter last year, well above analysts’ expectations. Sequentially, profits increased 95.2% from the previous quarter, according to the earnings report dated…

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HDFC Life and PFPDL entered into a Corporate Agency Tie-up

HDFC Life has recently announced a strategic corporate agency tie-up with Peerless Financial Products Distribution Ltd. (PFPDL). This collaboration aims to amplify HDFC Life’s presence, particularly in Tier 2 and Tier 3 cities, leveraging PFPDL’s extensive network spanning 42 locations. PFPDL, a subsidiary of Peerless General Finance & Investment Co. Ltd (PGFI), boasts a significant…

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India’s markets regulator found 12 offshore funds investing in Adani Group

 India’s markets regulator found that twelve offshore funds investing in Adani Group companies violated disclosure rules and exceeded investment limits, Reuters reported. In August last year, Reuters had initially revealed that Sebi had detected violations of rules regarding disclosures by listed entities and restrictions on offshore fund holdings. Additionally, the regulatory authority was investigating links…

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NSE’s NIFTYNXT50 Derivatives – A gateway to inclusive financial growth

As the National Stock Exchange of India (NSE) prepares to unveil derivatives linked to the Nifty Next 50 index (NIFTYNXT50) on April 24, 2024, it’s worth considering the profound implications of this move. Beyond the numbers and market dynamics, the introduction of these derivatives represents a significant step towards fostering inclusive financial growth and empowering…

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MG Motor India collaborator with Epsilon Group for EV charging solutions and battery recycling on Thursday

MG Motor India said on Thursday it has partnered with the Epsilon Group for EV charging solutions and battery recycling. As part of collaboration, the automaker has signed a MoU with two subsidiaries of Epsilon Group – Power EV, for charging solutions, and LICO, for battery recycling and second-life expertise. As per the agreement, Power…

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