Category Archives: Business

Ashish Dixit Shares Love Story with Wife Shweta on Valentine’s Day

Love has a unique way of uniting two souls, often in the most unexpected places. For actor Ashish Dixit, who portrays Kartik in Chatti Maiyya Ki Bitiya on Sun Neo, destiny worked its magic on the sets of a horror film. On the occasion of Valentine’s Day, Ashish shares his love story, what began as a simple friendship on set soon evolved into something much deeper.

Recalling their journey, Ashish shares, “We first met on the set of a horror film while shooting at Rajvant Palace in Baroda. That’s where our friendship started. Over time, our bond grew stronger, and we felt a special connection between us. Slowly, we realized that this was not just friendship it was something deeper, a relationship close to the heart. After returning to Mumbai, we started dating. For about three years, we got to know and understand each other, spending a lot of time together. Eventually, we realized that our love was strong enough to last a lifetime. That’s when we decided to take the beautiful step of getting married.”

Ashish also cherishes a special trip that remains one of the most beautiful moments of their love story, “There are many beautiful memories in our love story that I will never forget. But one of the closest to my heart was during a time when I was working on another show. I got a short break of about four to five days, so Shweta and I decided to make it special by taking a trip to Goa. Every moment there was magical! Walking peacefully by the beach, candlelight dinners, romantic evenings, and lots of fun it was all unforgettable. Those days were some of the most beautiful in our lives because there was no stress, no rush just us and our little world of happiness.”

Chatti Maiyya Ki Bitiya, airing on Sun Neo at 7 PM, follows Vaishnavi, an orphan who draws strength and comfort from her unshakable faith in Chatti Maiyya, who acts as a motherly figure in her life. The show features a talented ensemble cast, including Sneha Wagh, Sara Khan, Jaya Bhattacharya, Brinda Dahal, and Ashish Dixit.

Journey to Sri Lanka’s Island Rhythms at JW Marriott Mumbai Sahar

Mumbai, February 2025: Showcasing the bold, vibrant flavors of Sri Lanka, JW Marriott Mumbai Sahar in collaboration with Sheraton Kosgoda Turtle Beach Resort presents an opportunity to indulge in an exquisite Sri Lankan Cuisine at JW Café. From 15th to 23rd February, 2025, this experience will take guests on a rich and aromatic culinary journey, bringing the island’s diverse culinary heritage to Mumbai’s discerning gourmands. Complementing the theme, JW Café invites you to an exclusive Srilankan Cuisine Inspired Brunch on 16th February, 2025.

The exclusive gastronomic journey features a specially curated cyclic menu by Chef Chaminda De Silva from Sheraton Kosgoda Turtle Beach Resort and Chef Prakash Chettiyar, Director of Culinary from JW Marriott Mumbai Sahar, bringing Sri Lanka’s most beloved dishes to Mumbai. Chef Chaminda De Silva, with over 17 years of experience, hails from the vibrant landscapes of Sri Lanka & has mastered the art of Sri Lankan cuisine, drawing inspiration from the rich flavours and traditions of his homeland! With a passion for crafting authentic Sri Lankan dishes, he also takes pleasure in preparing Indian cuisine, delighting guests with a fusion of familiar and exotic tastes.

A land of time-honored traditions, Sri Lanka’s cuisine is a celebration of fragrant spices, fresh seafood and wholesome ingredients. From soul-warming soups like Sri Lankan-style Thamibum Hehodi and Mutton & Rice Kanji to crisp and flavorful starters like Isso Wade, Colombo Chicken Masala Coconut Roti, Chicken drum stick lollipop and Fish Cutlets, each dish is a testament to Sri Lanka’s culinary landscape. A vibrant selection of salads add depth and texture to the dining experience, featuring the tangy zest of Pineapple & Biiturd Cucumber Green Chili Salad Raw Mango &Ambarella Salad and the refreshing crunch of Bitter gourd Salad, Tomato Onion Green Chili Salad. The feast continues with a lavish main course spread spotlighting Sri Lanka’s signature dishes like the Srilankan style Mutton Rice, Stew Devil Prawn, Dhal Thampala, Tempered Okhra, Devil Fish, Colombo Chicken and Baby jack fruit curry. Complementing these are fiery condiments including Male Achcharu, Sinhala Achcharu, Lime Pickle, Coconut Seibel Sultana pineapple Achcharu and Sini Sambal Lunumeris. A dedicated live station will serve freshly prepared Kottu, Hoppers and Sri Lankan Street Food adding an interactive element to the feast. Complete this Sri Lankan feast with sweet indulgences like Kevum, Watalappan, Puhul Dosi, Curd & Treacle, Pane Bundhi and Sago Pudin.

Every dish at this celebration tells Sri Lanka’s story of tradition, warmth and epicurean craftsmanship. With its vibrant flavors, rich traditions and an immersive dining experience, the Sri Lankan Cuisine Promotion at JW Café is set to transport guests to the heart of the island nation.

Srilankan Cuisine at JW Café , JW Marriott Mumbai Sahar:

Date: 15th – 23rd February, 2025

Time: Lunch: 12:30pm to 3pm

Dinner: 7pm to 11pm

Srilankan Cuisine Inspired Brunch at JW Café, JW Marriott Mumbai Sahar:

Date: 16th February, 2025

Time: 1pm to 4pm

TTF Bengaluru 2025: Unlocking New Opportunities in South India’s Thriving Travel Market

14th February 2025: TTF Bengaluru, one of India’s premier travel trade shows, is back at Palace Grounds this week, bringing together a diverse mix of national and international exhibitors, top buyers, and enthusiastic travellers under one roof. As the gateway to South India’s booming travel market, this event offers unparalleled business and networking opportunities for exhibitors while giving buyers and consumers direct access to a world of travel options, best deals and packages. TTF Bengaluru is scheduled to take place from 13-15 February at Tripuravasini, Palace Grounds (near Mekhri Circle, entry from Gate no 2).

This year TTF Bengaluru will be inaugurated by Smt. Salma K Fahim, IAS, Secretary to Government, Tourism Department, Government of Karnataka and Shri. Dr. Rajendra KV, IAS, Director, Department of Tourism, Government of Karnataka, and Managing Director of Karnataka State Tourism Development Corporation.

With Bengaluru’s reputation as the “Silicon Valley of India” and a thriving hub for corporate travel, destination weddings, and high-spending travellers, TTF Bengaluru 2025 is opening doors to the next big travel market and players after Mumbai, Delhi and Gujarat for the travel industry.

A Vital Platform for Exhibitors to Tap into South India’s Travel Market
South India is a rapidly growing travel market with a high concentration of outbound and domestic travellers, making Bengaluru a strategic location for tourism stakeholders. TTF Bengaluru provides 150+ exhibitors—including tourism boards, travel companies, hospitality brands, airlines, and travel tech providers—a unique opportunity to connect with key buyers and decision-makers from the region.

The upcoming TTF Bengaluru will feature an impressive lineup of national and international tourism boards, such as the Nepal Tourism Board, India Tourism, Goa Tourism, Karnataka Tourism, Meghalaya Tourism, Telangana Tourism, Gujarat Tourism, Tamil Nadu Tourism, Jharkhand Tourism, and many others. Additionally, private exhibitors showcasing at TTF include Briar Tea Bungalows, Southern Travels, Kolahoi Green Hotel & Resorts, Timbertales Hotels & Resorts, SOTC Travel, SR Jungle Resort, Indian Circuit Holidays, and many more.

TTF is more than just exploring new destinations—it’s about building valuable connections with industry leaders by engaging in exclusive networking sessions, exchanging ideas with top travel professionals, and unlocking new business opportunities.

Exclusive Access for B2B Trade Visitors
For the first one and a half days, TTF Bengaluru is exclusively open to B2B trade visitors, allowing exhibitors to engage with top travel agents, tour operators, MICE planners, corporate travel managers, and wedding planners. This dedicated time ensures high-quality networking and deal-making, positioning TTF Bengaluru as a must-attend event for those looking to expand their reach in South India’s flourishing travel industry.

A One-Stop Destination for Travel Enthusiasts
On the final one-and-a-half days, the event welcomes general visitors, offering travellers the perfect chance to discover new and exciting destinations, compare options, and secure the best flight and travel deals for their next adventure. From domestic getaways to international vacations, visitors can explore various travel opportunities, discover exclusive discounts, and make informed travel decisions—all in one place.

S&P 500 Falls Following Higher than Expected U.S. Inflation

Analysis by Antonio Di Giacomo, Financial Markets Analyst for LATAM at XS

“The S&P 500 fell more than 1%, February 14, 2025, reaching the 6,005-point zone after releasing Consumer Price Index (CPI) data, which came in higher than expected. This report significantly reduced the Federal Reserve’s expectations of interest rate cuts, creating uncertainty in financial markets. Investors reacted with massive sell-offs, pushing the index to last week’s lows.

The year-over-year CPI stood at 3.0%, while the core CPI rose to 3.3%, both above forecasts. On a monthly basis, January 2025’s CPI increased by 0.5% versus the expected 0.3%, while the core CPI registered a 0.4% rise, exceeding the projected 0.3%. These figures reinforce the perception that inflation remains challenging for U.S. monetary policy. The price rise for essential goods and services also suggests persistent inflationary pressure.

The market had been anticipating potential interest rate cuts by the Federal Reserve to stimulate economic growth. However, the persistence of higher-than-expected inflation makes monetary easing in the short term more difficult. Investors now fear the Fed will maintain its restrictive policy longer than expected. This scenario generates increased volatility in financial markets, impacting the performance of other risk assets.

Federal Reserve Chairman Jerome Powell reiterated that while inflation is approaching the 2% target, it has not yet reached a level that justifies rate cuts. This message further heightened market concerns, suggesting that rate reductions could be delayed until late 2025, depending on economic data trends. Powell’s comments made it clear that the Fed needs to see more consistent signs of controlled inflation before shifting its stance.

The market’s initial reaction was a sharp decline, reflecting the impact of uncertainty surrounding monetary policy. However, as the session progressed, the S&P 500 showed signs of recovery, reaching the 6,050-point zone by the close of trading in New York. This behavior highlights market volatility and sensitivity to macroeconomic data. Despite the rebound, uncertainty persists, and further declines could occur in the short term.

Despite the partial recovery, the outlook remains uncertain. Investors may now focus on upcoming economic reports and statements from Fed officials, looking for clues on the future direction of monetary policy and its impact on markets. External factors such as labor market trends and geopolitical stability will also play a key role in shaping the stock market’s trajectory.

In conclusion, releasing higher-than-expected inflation data has caused market nervousness, affecting the S&P 500’s performance and dampening hopes for near-term rate cuts. In the coming months, uncertainty over future Federal Reserve decisions will remain a key factor in market developments. Investors must stay vigilant for new economic signals to adjust their strategies in an increasingly challenging environment.”

Former IRS and SEBI Whole-Time Member Rajeev Agarwal Joins Paytm Money’s Board as Non-Executive Director

Paytm Money, a wholly-owned subsidiary of One97 Communications Limited (OCL) and a leading wealth-tech platform that simplifies wealth management and equity investments through a technology-first approach, has announced the appointment of Shri Rajeev Krishnamuralilal Agarwal as an additional Non-Executive Independent Director on its Board. Shri Agarwal will also serve as a member of the Audit Committee as well as the Chairperson of the Risk Management Committee and the Corporate Social Responsibility (CSR) Committee at Paytm Money.

Shri Agarwal brings more than 40 years of valuable experience, including a distinguished 28-year tenure with the Indian Revenue Services. During his time as a Whole-Time Member of SEBI, he played a pivotal role in driving key market reforms, including the revival package for the mutual fund industry in 2012 and the landmark merger of the Forward Markets Commission with SEBI in 2015. He also spearheaded major initiatives such as enhancing transparency through IPO reforms, introducing the offer-for-sale mechanism for PSU disinvestment, and championing the growth of the SME exchange, which significantly expanded funding opportunities for small businesses and startups.

In addition to his role as a Non-Executive Independent Director on the Board of Paytm Money, Shri Agarwal currently serves on the board of One97 Communications (Paytm) as well. He holds key positions as Chairman and Independent Director at Trust Mutual Fund, and as Independent Director at ACC Ltd., Star Health Insurance, UGRO Capital Ltd., and MK Ventures Capital Ltd. His wealth of experience will bring invaluable insights and guidance to Paytm Money, strengthening its commitment to innovation, transparency, and investor empowerment.

Rakesh Singh, CEO – Paytm Money said, “Our mission is to democratize access to financial markets and simplify the investment journey for millions of Indians. Having made significant strides in enhancing our governance framework, we continue to innovate and expand our investment offerings. With Shri Agarwal’s deep expertise in governance and risk management, we are confident that his guidance will further strengthen these efforts and drive long-term, sustainable growth.”

Shri Agarwal joins the illustrious Board of Paytm Money, which also includes the likes of Shri Narasinganallore Venkatesh Srinivasan and Mr. Cyrus Khambata, both of whom bring over 4 decades of experience in banking, capital markets, finance, and risk management. With these veterans on the Board strengthening the Company’s governance, Paytm Money remains committed to drive compliance-first innovation in wealth-tech.

The platform also offers ‘Margin Pledge,’ allowing traders to use their stock holdings for leverage in trades, along with the Pay Later (MTF) facility for further leverage. The platform has expanded its range of services, including the launch of BSE Futures & Options (BSE F&O) trading, enabling traders to trade SENSEX and BANKEX Option contracts. Recently, the company launched a major revamp of its app, designed to make investing simpler and more seamless than ever. The redesigned app offers a more intuitive interface, personalized dashboards, and smarter tools to empower investors at every stage of their journey. With enhanced portfolio insights, smoother transaction flows, and actionable dashboards for Stock and F&O trading, the upgraded experience caters to the evolving needs of today’s investors, making informed decision-making easier and more efficient.

Nasscom Foundation and MathCo Team Up to Provide Lifelong Skills to Neurodivergent Youth

New Delhi, 14 February, 2025: In a focused effort to enhance skilling and employability for neurodivergent youth, Nasscom Foundation, in collaboration with MathCo, a global leader in Enterprise AI and Analytics has launched Data Annotation Skill Development Program for Neurodivergent Youth. The initiative aims to skill neurodivergent individuals with specialised, job-specific training in data annotation which is a highly sought-after skill in the fast-growing field of Artificial Intelligence (AI) and Machine Learning (ML).

What makes this inclusion program special is the focus on providing employment opportunities for the neurodivergent individuals. The program focuses not only on providing participants with specialised training in data annotation but also equipping them with soft skills, mentorship and building confidence to enhance their employability and support their long-term career success.

Through a strong post-placement intervention, it also seeks to assist organizations in continuing to provide neurodivergent youth with a supportive and inclusive environment. This promotes a more diversified workforce, career advancement, and job retention while also aiding in the development of an inclusive culture.

The launch event, held on 12th Feb 2025 at MathCo’s Bangalore office, celebrated the power of inclusivity and the potential of neurodivergent individuals in the corporate sector. The event was attended by over 75 people, including those joining online via Zoom. Attendees included the MathCo team led by Aditya Kumbakonam, Chief Operating Officer and Cofounder, the Nasscom Foundation team led by Roy C Thomas, Orchvate representatives, program beneficiaries, and their parents. The launch event underscored the program’s intended impact: empowering neurodivergent youth and providing them with the skills to thrive in the tech industry.

Commenting on the collaboration, Jyoti Sharma, CEO, Nasscom Foundation, said, “We believe that a truly inclusive India begins with creating accessible and empowering environments. We are proud to launch this initiative in collaboration with MathCo, as we believe that Neurodivergent individuals bring unique strengths that drive workplace innovation, and as organizations prioritize inclusivity, this initiative will help them build sustainable and diverse workplaces.”

At the launch of the program, while wishing the 50 individuals good luck, Aditya Kumbakonam, COO and Cofounder, MathCo said, “At MathCo, we believe that learning is the first step toward empowerment, and continuous learning is key to staying ahead in an evolving world. I am confident that these young individuals will not only make the most of this opportunity but will also continue to grow and adapt as they build their careers.”

The Nasscom Foundation – MathCo collaboration led initiative will train 50 neurodivergent individuals, requiring a foundational level of education. To ensure that the program is tailored to the specific needs of the Neurodivergent community, we have also partnered with Orchvate, experts in training and coaching neurodivergent youth to leverage on their insights in skilling neurodivergent individuals. The training would run in two phases, each consisting of 25 participants. Participants will undergo assessments, receive specialised data annotation training and earn industry-certified certification to enhance their career prospects.

This initiative will provide neurodivergent youth with a very critical and relevant skill of data annotation. Data Annotation entails labelling or tagging data with relevant information to create high-quality training datasets for machine learning-based AI models. It forms the foundational layer for AI applications so that the machines can understand, interpret and process various types of data. This skill is essential for the continued growth and accuracy of AI systems across various use cases and industries and hence is in demand.

Godrej Enterprises Group secures strategic MOUs at Aero India

Chandigarh, 13th February 2025: The Aerospace business of Godrej & Boyce, a part of Godrej Enterprises Group, is strengthening its commitment to India’s self-reliance vision through signing of multiple significant MoUs during Aero India 2025 at Bengaluru to support national programs backed by the Government of India. A Memorandum of Understanding signed with the Aeronautical Development Agency (ADA), Ministry of Defence, GoI marks a crucial step forward in Indigenous manufacturing of flight control actuators for India’s Advanced Medium Combat Aircraft (AMCA) program.

This MoU builds upon Godrej’s two-decade-long partnership with ADA in developing components for flight-critical DDV-based servo actuators and associated functional elements. This collaboration represents a significant advancement in India’s journey toward self-reliance in critical aerospace technologies. Under the MoU, Godrej Enterprises Group will undertake comprehensive development of Flight Control Actuators for AMCA, including precision manufacturing, procurement of aerospace-grade raw materials, assembly and testing, and development of test rigs for qualification tests.

The business is transitioning from ‘Built to Print’ to ‘Built to Spec’ capabilities while embracing transformative technologies like 3D printing to revolutionize its manufacturing processes and design capabilities. This advanced technology enables the creation of complex components in a single printing process, eliminating multiple traditional production stages and significantly improving operational efficiency. The business is also accredited by DGAQA, DRDO labs, ISRO centers, HAL, BDL, BEL, and other leading global aerospace firms like Boeing, GE Aerospace, Honeywell, IAI, Parker Aerospace, Rafael, Rolls-Royce, and Safran.

Maneck Behramkamdin, Senior Vice President and Business Headof the aerospace business of Godrej & Boyce, a part of Godrej Enterprises Group, said, “This partnership exemplifies our commitment to Atmanirbhar Bharat in the aerospace sector. We are proud to be at the forefront of India’s aerospace revolution, turning the vision of Atmanirbhar Bharat into a reality through cutting-edge engineering and precision manufacturing. We continue to enable and elevate India’s manufacturing capabilities and competitiveness at a global level.”

At Aero India 2025, the business is showcasing its comprehensive range of aerospace manufacturing capabilities. The exhibition highlights include advanced aero engine components such as fans, compressors, turbines, and shafts manufactured from exotic materials, demonstrating the company’s sophisticated machining capabilities. The display features precision-engineered tubes, ducts, and brackets, Titanium, Aluminum, and Stainless Steel, alongside indigenously manufactured Line Replaceable Units (LRUs) including actuators, nose-wheel steering manifolds, lubrication pumps, and uplocks. A working model of an Ejector Release Unit (ERU) for aircraft pylons and various carbon fiber composite parts designed for Unmanned Aerial Vehicles (UAVs) further demonstrates the company’s diverse expertise.

ICICI Bank installs units to produce water from atmospheric moisture

Chandigarh, February 13, 2025: ICICI Bank has announced the adoption of state-of-the-art technology to produce drinking water from atmospheric moisture as part of its commitment to enhancing the sustainability of its operations. The Bank has installed units to produce 8,000 liters of potable water a day from atmospheric moisture, benefitting 4,200 employees at five offices– one each in Bengaluru, Hyderabad, and Mumbai– and two in Chennai.

The units—known as Atmospheric Water Generators (AWGs)—utilize innovative technology to convert atmospheric moisture into 100% microbe-free, fresh, and clean drinking water. The process of condensation transforms water vapor into droplets, which then undergo multiple filtration processes. Essential minerals are added at the end of the process. The AWGs can produce water throughout the year as they can operate in a wide range of ambient temperatures (18°C-45°C) and relative humidity (25%- 100%).

Mr. Soumendra Mattagajasingh, Group Chief Human Resources Officer, ICICI Bank, said, “At ICICI Bank, we are committed to conducting our business sustainably and responsibly to reduce the impact of our operations on the environment. Our strategy for environmental and ecological conservation is led by the 4R (reduce, reuse, recycle, and responsible disposal) principle of environmental stewardship. It is estimated that the atmospheric moisture holds several times of the fresh water in all rivers on the planet. To leverage this renewable resource, we have installed the AWGs at our offices to convert water vapor into drinking water. This initiative reduces our dependence on packaged water, along with making good use of the atmospheric moisture.”

ICICI Bank continues to implement initiatives towards sustainability under the aegis of its ESG policy. The Bank has set a target of becoming carbon neutral in Scope 1 and Scope 2 emissions by fiscal 2032. Over 180 sites of the Bank covering 4.95 million sq. ft. are Indian Green Building Council (IGBC) certified, as of March 31, 2024. The ICICI Service Centre at Bandra-Kurla Complex (BKC) in Mumbai was declared ‘Net Zero Waste’ certified in fiscal 2024. Further, the Bank quadrupled its renewable energy consumption to 75.73 million kWh in fiscal 2024, compared to the previous year. It also planted 3.7 million trees since fiscal 2022 and created a water harvesting potential of 25.8 billion liters annually in schools and water bodies.

Ashok Leyland delivers Strongest Ever Q3

Chandigarh, February 13, 2025: Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, delivered a successive Q3 record in line with its focus on profitable growth. Some of the key highlights are as below:

• Achieved an all-time high Q3 net profit of Rs.762 Cr, an increase of 31% over the same period last year
•  Reported all-time high Q3 EBITDA of Rs. 1211 Cr (12.8%) vis-à-vis Rs. 1114 Cr (12.0%) in Q3 FY24, registering double-digit percentage EBITDA for the 8th consecutive quarter
•  Recorded all-time high Q3 revenues of Rs. 9,479 Cr vis a vis Rs. 9,273 Cr in Q3 FY24
•  Achieved export volume of 4,151 units in Q3 FY25 against 3,128 units in the same period last year, registering a growth of 33%
•  Turned cash positive at end of the quarter with net cash of Rs. 958 Cr as against net debt of Rs. 1747 Cr at end of Q3’FY24

Ashok Leyland’s domestic MHCV market share continues to be over 30%. The Company also has maintained market leadership in the Bus segment. Ashok Leyland recently launched SAATHI, its foray into the entry-level LCV segment, opening up a new customer segment, which was previously unaddressed. At the recently held Bharat Mobility Global Expo, Ashok Leyland showcased the concept of an industry-first electric Port Terminal Tractor as well as India’s first 15-meter bus with a front engine and capacity of 42 sleeper births. At the show, Switch displayed a concept electric truck in the 7.5T GVW range, again a first in the segment. The Defence, Power Solutions, and Aftermarket Businesses continue to perform well.

Mr. Dheeraj Hinduja, Executive Chairman, of Ashok Leyland, said “The steady progress we are making in profitability is backed by products that deliver superior performance coupled with robust customer engagement. Sales in international markets are showing strong growth, and we expect this momentum to accelerate with the launch of new products. I compliment the management and our team for delivering a record-breaking Q3 for the second year in a row. We are also continuing to invest in battery electric and alternate fuel products to maintain our technology leadership position. Switch has a healthy order book and has plans to come out with a series of products in the next 12 months.”

Mr. Shenu Agarwal, Managing Director & CEO, Ashok Leyland, added, “Relative to Q2, the MHCV market has revived significantly in Q3, and is expected to improve further as we enter the last quarter. Our focus remains on profitable growth through product premiumization, cost leadership, better service reach, and enhanced value-added services. Non-CV businesses have done well and offer more headroom for growth. We remain optimistic about the growth of the CV industry in the medium and long term as macroeconomic factors continue to be favorable.”

Bandhan Mutual Fund Launches Bandhan Nifty Next 50 Index Fund

Mumbai, February 13, 2025: Bandhan Mutual Fund announced the launch of the Bandhan Nifty Next 50 Index Fund, an open-ended scheme tracking the Nifty Next 50 Index, which comprises the 50 companies ranked just beyond the Nifty 50 in India’s top 100 listed stocks. While classified as large caps, these companies exhibit mid and small-caps-like growth potential. The New Fund Offer (NFO) will open on Thursday, 13 February 2025, and close on Tuesday, 25 February 2025. Investment in the Bandhan Nifty Next 50 Index Fund can be made through licensed mutual fund distributors.

Commenting on the opportunity in the Nifty Next 50, Vishal Kapoor, CEO, Bandhan AMC, said, “The Nifty Next 50 Index provides investors access to well-established companies that are still in their high-growth phase. Spanning sectors such as consumer discretionary, FMCG, IT, and more, the index includes industry disruptors with noteworthy potential. Over the past nine years, 24 companies from this index have moved into the Nifty 50, reinforcing it as a launchpad for potential future market leaders. Historically, it has outperformed the Nifty 50 across multiple market cycles. With the recent market correction pushing the index down over 20% and trading below its five-year average, past trends suggest that such phases have often been followed by strong recoveries. The Bandhan Nifty Next 50 Index Fund provides investors with an opportunity to participate in this segment’s longterm growth potential at an opportune time.”