Day: 12 November 2025

~ Aims to create over 1,000 direct jobs and position India as a global fintech manufacturing hub ~ FCS has partnerships with Axis Bank, VISA, Mastercard, and FPL Technologies (OneCard) Federal Card Services (FCS), a global leader in premium metal and sustainable payment cards, today announced its entry in India with an investment of USD…

An open-ended scheme replicating/tracking the BSE India Sector Leaders Index (TRI)   Mumbai, November 11, 2025: HDFC Asset Management Company Limited (“HDFC AMC”), Investment Manager to HDFC Mutual Fund (HDFC MF), one of India’s leading mutual fund houses, announces the launch of the HDFC BSE India Sector Leaders Index Fund, an open-ended scheme that seeks to provide investors exposure to the leaders across sectors in India’s equity markets by replicating the BSE India Sector Leaders Index (TRI). The New Fund Offer (NFO) opens on November 7, 2025, and closes on November 21, 2025.   The HDFC BSE India Sector Leaders Index Fund invests in the Top 3 companies by market cap from each sector*. The Index allows investors to participate in the India growth story with broad exposure across sectors, yet with special focus on the leaders within sectors. The index covers 20+ sectors, offering investors exposure to leaders in Financial Services, Information Technology, FMCG, Automobiles, Telecom, Construction, and more.   Commenting on the launch, Mr. Navneet Munot, Managing Director and Chief Executive Officer, HDFC Asset Management Company Limited, said, “At HDFC Mutual Fund, we remain committed to offering investors a diverse range of innovative investment solutions to fulfil our mission to be the wealth creator for every Indian. With HDFC BSE India Sector Leaders Index Fund, we aim to provide investors with an effective way to participate in the growth potential of the country’s leading businesses across sectors, and benefit from their proven track record and enduring strengths. Backed by 20+ years of expertise in Index Solutions, we are well positioned to deliver this investment opportunity.”   The fund will be managed by Ms. Nandita Menezes and Mr. Arun Agarwal. Investors can invest with a minimum amount of ₹100 during the New Fund Offer (NFO) period as well as during the continuous offer period after the fund reopens for subscription and redemption. There is no upper limit on investment, and allotment of units will be subject to applicable stamp duty   * Scheme tracks the BSE India Sector Leaders Index, which consists of the Top 3 stocks from each sector selected based on average 6-month daily total market capitalization from the BSE 500 Index. For detailed methodology, please visit www.bseindices.com  

  In the era of global innovation acceleration, more than 600 startup ideas from India and Vietnam have come together through Startup Flight, a pioneering initiative where the most promising projects are poised to shape the future of entrepreneurship between the two nations.   Launched in the Vietnamese commercial hub Ho Chi Minh City in August, the contest is co-organized by India’s Amity Innovation Incubator, Vietnam’s National Startup Support Center (NSSC), and Vietjet, Vietnam’s leading airline….

Achieves Record EBITDAand Profit Margins Force Motors Limited, India’s largest van manufacturer and a leading player in shared and specialized mobility solutions, today announced its financial resultsfor the quarter ended September 30, 2025 (Q2 FY2025–26). The company reported its highest-ever Q2 and H1 performance, delivering record EBITDA and profit margins- a milestone in its growth…