Rossari Biotech standalone net profit rises 23.65% in the March 2025 quarter
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New Indian Express
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Jindal Steel Chhattisgarh Ltd signs MoU with state government for projects worth Rs 75,000 crore
RAIPUR: Jindal Steel Chhattisgarh Ltd, a unit of industrial powerhouse JSPL having presence in steel, mining and power, has inked a significant memorandum of understanding (MoU) with Chhattisgarh government for multiple projects. Aimed at driving economic growth, generating employment and fostering sustainable industrial development the agreements were signed for the projects including 500 MW Solar Power Plant, the 2400 MW Thermal Power Plant, and a steel plant with a capacity of 7.5 million tons per annum (MTPA). A proposed investment of Rs 75,000 crore will be allocated for the projects, the company stated. The MoU ceremony was attended by chief minister Vishnu Deo Sai and secretary-industries and commerce Rajat Kumar along with other senior officials.
Scroll.in
24 minutes ago
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NICL AO registration window closes today for 266 posts; here's apply link
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Time of India
25 minutes ago
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Master Trust seeks SEBI nod for launching mutual fund business
Master Trust , a leading broking and investment platform , has applied to the Securities and Exchange Board of India (SEBI) for a mutual fund license through its flagship company, Master Capital Services Limited. The company seeks to act as the sponsor of an asset management company that will, upon SEBI 's approval, launch mutual fund schemes. This evolution marks a major leap towards Master Trust's objective of increasing access to professionally managed investment products. The Master Trust group has established a strong footprint in equities, commodities, derivatives, and wealth management, according to a press release. Also Read | Defence sector based MFs rally up to 60% in 3 months. Will the momentum continue? Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo The mutual fund business will introduce a broad basket of mutual fund equity schemes across various market capitalization, including a multi-asset scheme. The mutual fund will focus on quantitative techniques for fund management as well as a traditional bottom-up approach to generate superior risk-adjusted returns. These schemes are intended to address the changing financial objectives of both retail and institutional investors. The design of the products will focus on simplicity, affordability, and long-term value creation in the spirit of Master Trust's investor-first approach Live Events With over 4.2 lakh investors across its client base, Master Trust has continued to deliver transparent, research-driven financial products underpinned by sound digital infrastructure, the release said. India's mutual fund sector has come to a new stage of growth, with assets under management crossing Rs 70 trillion. Against this background, Master Trust's foray into the segment is well timed to cater to the increasing appetite for mutual funds as the primary vehicle of investment. Also Read | Top 10 mutual funds to invest in July 2025 With the advantage of having decades of experience in financial services and a technology-based approach, the mutual fund business is poised to add to the existing bouquet of investment services of the firm. Master Trust is one of the Leading Financial Services Groups with an experience of more than 40 years. It provides a broad range of financial products and services to individuals and corporations. The company offers investors and traders the best user interface and experience nationwide and has grown to an advanced level by providing an online presence of its products and services to its audience.
