PGIM India Mutual Fund proposed scheme mergers would modify several of its core characteristics. As a result, the fund house has given investors an exit option (without an exit load) in conformity with mutual fund laws. PGIM India Mutual Fund has announced the merging of five debt funds.. The PGIM India Short Duration Fund (PSDF)…
BSE’s derivative market share 3.4 percent of the market for stock futures was held by BSE in August (up from 0 percent in April). BSE has seen early success in the much larger equity derivatives market, which is currently dominated by NSE. Its market share is anticipated to reach around 10% in Q4 FY24, driven…
The Open Network for Digital Commerce (ONDC) is an initiative of the Ministry of Commerce and Industry to create a facilitation model to help small retailers take advantage of digital commerce. ONDC, a government initiative, offers a huge platform for growth in four key sectors, including financial services, agriculture, manufacturing and e-commerce, a Deloitte report…
Bosch CEO announced in April that it intended to acquire significant portions of TSI Semiconductor’s Roseville, California chip manufacturing facility and invest $1.5 billion to upgrade the location to produce silicon carbide chips, which can extend the driving range of electric vehicles. Beginning in 2026, production will begin at the new business, Robert Bosch Semiconductor…
The share reached a 52-week high of Rs 1,804.70 on August 17, 2023, and a 52-week low of Rs 1,115.15 on October 28, 2022, respectively.-Ajanta Pharma Ajanta Pharma shares experienced a 1 percent increase to Rs 1,748.90 in the early trade on August 31 following the USFDA approval of its Topiramate extended release capsules. The…
