This special Business Today issue, featuring the BT CareEdge Study on India’s Most Sustainable Companies, marks a landmark moment as we go beyond rhetoric to spotlight India Inc.’s most transformative sustainability journeys. The issue is accompanied by the inaugural edition of BT India’s Most Sustainable Companies 2025 Summit and Awards, an effort to recognise companies … Read more
HDFC Mutual Fund has increased its stake in IndusInd Bank by acquiring an additional 0.20% of the bank’s paid-up shares. This move comes during a period of significant market fluctuation for the bank, which recently faced a sharp decline in its share value after announcing discrepancies in its internal derivatives accounting. The banking stock closed … Read more
360 ONE Mutual Fund (formerly known as IIFL Mutual Fund) introduced the 360 ONE Gold ETF on February 20, 2025. This open-ended exchange-traded fund (ETF) is designed to mirror returns linked to domestic gold prices while accounting for potential tracking errors. The NFO, which monitors gold prices within the country, will be accessible until February … Read more
New loan rates: Private lender HDFC Bank has implemented revisions to its Marginal Cost of Funds-Based Lending Rates (MCLR) for select short-term tenures effective from November 3, 2024. The revision includes an increase of up to 5 basis points (bps) and applies specifically to the overnight, one-month, and three-year tenures. Post-revision, the overnight MCLR has … Read more