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The equity purchase has prepared the door for Hinduja Group's entry into the rapidly expanding mutual fund business, transforming IndusInd International Holdings into a full-fledged financial services company.

According to the company's filing dated April 9, the US FDA conducted an inspection at Shivalik Rasayan Limited's API facility in Bharuch, Gujarat, from April 1 to April 9, 2024.

Kandla Port aims to produce 7 MTPA of green ammonia and 1.4 MTPA of green hydrogen. DPA, located in the Gulf of Kutch, is an important port on the country's west coast. Green hydrogen (GH2) is produced by electrolyzing water using renewable energy sources, which emits no greenhouse emissions.

The promoters of Policy Bazaar, PB Fintech, had previously announced on March 20 their board's approval to establish a wholly-owned subsidiary for payment aggregation operations.  

Paytm's transaction value market share has also witnessed a decline, now resting at 6.7%, marking its lowest point in recent years.

Shyam Metalics underlined its intention to use captive raw resources such as direct-reduced iron (DRI), electricity, and ferroalloys for the project.

Ashok Hinduja, Chairman of IIHL, expressed the vision to serve investors transparently and efficiently, aligning with the motto "mutual fund sahi hai."

The NFO is available for subscription from April 08 to April 22. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment.

ICICI Prudential, in a regulatory filing, confirmed receiving the order on April 9, 2024, at 3:32 p.m., as per the Gujarat Goods and Services Tax Act, 2017.

Here is a look at the best mutual fund categories in India in the last one year on post-risk returns.