Bangalore, January 19, 2024: Mahindra & Mahindra Ltd. (M&M), the market leader in Small Commercial Vehicles (SCVs) in India, proudly announces the launch of the new Supro Profit Truck Excel series, available in both Diesel and CNG Duo variants. Building on the success of the Supro platform, the Profit Truck Excel series has been designed to redefine last-mile connectivity with its superior power, exceptional style, unparalleled safety and unsurpassed comfort.
The Supro, initially launched in 2015, has emerged as a versatile platform catering to the evolving needs of customers. The Supro Profit Truck Excel series offers competitive pricing, with the Diesel variant priced at ₹6.61 lakh (ex-showroom Bangalore) and the CNG DUO variant at ₹6.93 lakh (ex-showroom Bangalore). Following the success of the Supro CNG Duo, which has contributed to a six-fold increase in the brand’s volume, the new Supro Profit Truck Excel reinforces Mahindra’s commitment to offering versatile platforms with multiple engine and fuel options, modern style, advanced safety, and technology features.
Nalinikanth Gollagunta, CEO – Automotive Division, Mahindra & Mahindra Ltd. said, “Mahindra’s ‘Rise for Value,’ a pillar of our RISE philosophy, is embodied in our latest offering the Mahindra Supro Profit Truck Excel. This launch marks a significant stride in the sub-2-tonne segment, showcasing our commitment to empowering businesses and transforming last-mile connectivity in India. The Supro Profit Truck Excel, with its exceptional 500 km range CNG Duo variant, blends power, economy, safety, and comfort, reinforcing our mission to deliver comprehensive, value-driven solutions in logistics and transportation.”
Velusamy, President, Automotive Technology and Product Development, M&M said, “TheSupro Profit Truck Excel, emerging from our renowned Supro platform, exemplifies Mahindra’s unwavering commitment to technological excellence. It boasts an advanced 5-speed transmission for improved performance, reinforced chassis with increased thickness and 19% more stiffness for enhanced stability, and an anti-roll bar, setting new standards in safety. These elements are meticulously integrated to not only deliver superior performance and efficiency but also to set a new benchmark in payload capacity. This vehicle stands as a testament to our promise of providing efficient, robust, and value-driven solutions, reshaping the less than 2-tonne segment and positively impacting our customers and communities.”
The Supro Profit Truck Excel stands out with its key features, emphasizing mileage, toughness, ruggedness, and the ability to handle versatile loads efficiently. It is designed to cater to the increasing demand for volumetric goods, particularly in the rapidly growing e-commerce sector. The Supro Profit Truck Excel stands out for its best-in-class payload capacity of 900 kg (Diesel) & 750 kg (CNG Duo), enhanced safety feature with an Anti-Roll Bar which provides stability to the 2050mm wheelbase, 5-speed transmission. The Supro Excel Diesel achieves a fuel efficiency of 23.6 Km/l, while the Supro Excel CNG Duo, with a capacity of 105L, delivers an impressive 24.8 km/kg and boasts a remarkable range of over 500 km.
The new SCV is equipped with a powerful 19.4 kW Direct Injection Diesel Engine and 20.01 kW Positive Ignition CNG Engine BS6 RDE-compliant engine, providing 55 Nm and 60 Nm torque respectively. The vehicle features R13 tyres and boasts 208 mm of ground clearance, ensuring higher performance and pickup even with a full load. The Supro Profit Truck Excel boasts a reinforced chassis with a significantly increased thickness, delivering a remarkable 19% surge in stiffness for unparalleled durability and performance. Complemented by a bolstered suspension, this truck sets a new standard for robustness and resilience.
The ex-showroom prices for the Supro Profit Truck Excel are:
Variant
Ex-showroom Bangalore*
Diesel
₹ 6,61,859
CNG DUO
₹ 6,93,859
Key Specifications of Mahindra Supro Profit Truck Excel:
US, January 19, 2024: Samsung Electronics Co., Ltd. and Google Cloud today announced a new multi-year partnership to bring Google Cloud’s generative artificial intelligence (AI) technology to Samsung smartphone users around the globe. Starting with the Samsung Galaxy S24 series announced today at Galaxy Unpacked in San Jose, California, Samsung will be the first Google Cloud partner to deploy Gemini Pro and Imagen 2 on Vertex AI via the cloud to their smartphone devices.
“Google and Samsung have long shared deeply held values around the importance of making technology more helpful and accessible for everyone. We’re thrilled that the Galaxy S24 series is the first smartphone equipped with Gemini Pro and Imagen 2 on Vertex AI,” said Janghyun Yoon, Corporate EVP and Head of Software Office of Mobile eXperience Business at Samsung Electronics. “After months of rigorous testing and competitive evaluation, the Google Cloud and Samsung teams worked together to deliver the best Gemini-powered AI experience on Galaxy.”
Samsung is the first Google Cloud partner to deploy Gemini Pro on Vertex AI to consumers. Built from the ground up to be multimodal, Gemini can generalize and seamlessly understand, operate across, and combine different types of information including text, code, images, and video. Starting with Samsung-native applications, users can take advantage of the summarization feature across Notes, Voice Recorder, and Keyboard.1 Gemini Pro on Vertex AI provides Samsung with critical Google Cloud features, including security, safety, privacy, and data compliance.
Galaxy S24 series users can also immediately benefit from Imagen 2, Google’s most advanced text-to-image diffusion technology from Google DeepMind to date. With Imagen 2 on Vertex AI, Samsung can bring safe and intuitive photo-editing capabilities into users’ hands. These features can be found in Generative Edit2 in S24’s Gallery application.
As part of this partnership, Samsung is also one of the first customers to test Gemini Ultra, Google’s most capable and largest model for highly complex tasks. The S24 series will also use Gemini Nano, an on-device LLM delivered as part of the Android 14 operating system, the most efficient model of Gemini for on-device tasks.
“Together with Samsung, Google Cloud sees the tremendous opportunity for generative AI to create meaningful mobile experiences that stimulate and strengthen connection and communication for millions,” said Thomas Kurian, CEO, Google Cloud. “With Gemini, Samsung’s developers can leverage Google Cloud’s world-class infrastructure, cutting-edge performance, and flexibility to deliver safe, reliable, and engaging generative AI powered applications on Samsung smartphone devices.”
Mr. Manish Mehan, CEO, and MD of TK Elevator India expectations from budget 2024
“The real estate sector plays a significant role in the nation’s economic growth. The sector is looking forward to policy interventions that promote sustainable development, encourage foreign direct investment, and streamline regulatory processes. The real estate industry is hopeful that the upcoming budget will incorporate transformative measures that will invigorate the Indian real estate sector. Some of the key demands that realty sector stakeholders want from Union Budget 2024-25 are Industry Status and Interest Subvention Scheme, Reduced GST Rate, Infrastructure status to the affordable housing segment, addressing liquidity concerns, and simplifying regulations. Having said that, the elevators have become an integral part of modern urban living. In India, where real estate is booming and infrastructure is rapidly evolving, elevator industry is playing a crucial role in ensuring efficient vertical mobility. A growing and well performing real estate industry will certainly propel the growth of elevator industry.”
Pune, January, 2024:Maestro Realtek, an established strategic partner in the real estate sector, today announced its partnership with Pune’s reputed developer, The Laxmi Empire, and the launch of their flagship project, Codename Future PNQ. Located in Pune’s Alandi Mhatobachi and in close proximity to the Solapur highway, the premium villa plotted development is spread across an expansive area of 28 acres, with nearly 2.7 acres dedicated to the recreational lifestyle zone. Mohammed Azim, Vice President, of Rajasthan TENT Association, Anand Bhau Alkunte, Corporator of Hadapsar, Abhijeet Kadam, the promoter of the Laxmi Empire, and Nitin Gupta, Founder & Managing Director of Maestro Realtek were present at the launch.
With a capacity of 368 units, the project anticipates a robust sales volume of Rs. 130 crores by the end of this year. Developed with a singular goal to offer a hilltop view, each of the villas of Codename Future PNQ provide access to 45+ world-class amenities such as a club house, spa, library, swimming pool, pet care area, bonfire space, yoga zone, gazebo, meditation room, acupressure bath, banquet, clubhouse, amphitheatre, guest rooms, skating ring, lily pond, jogging track, indoor games area, badminton court, volleyball court, and basketball court among others.
Abhijeet Kadam, Promoter, The Laxmi Empire said, “The plot project offering luxurious amenities opens for bookings from 26th January 2024. Considering the increasing demand for the location basis the upcoming new airport at Purandar, we foresee a huge response from customers. The area is deemed to be the future economic corridor of Pune and hence will be an attractive investment proposition. It will be one of the most sought-after developments.”
Speaking on the partnership and launch of Codename Future PNQ, Mr. Nitin Gupta, Founder & Managing Director of Maestro Realtek said, “We are elated to have been onboarded as a strategic partner by The Laxmi Empire to launch Codename Future PNQ. This ambitious premium villa project is a residential marvel that is certain to transform the face of South East Pune. Using the right marketing campaigns and branding initiatives, we are aiming to elevate the presence and standing of Codename Future PNQ, as it rightly deserves, and help investors discover premium villa residences that remain unparalleled. It is both a pleasure and truly humbling to witness this project coming to life. This project is being developed at the new economic corridor of Pune which will be the future Pune in the coming years. We can assure you that this is the only Hillview luxury villa project in Pune at the most developing location of the city.”
Given the project’s connectivity with Pune’s Ring Road, which starts from Solu village at Alandi Markal Road, commuters will enjoy faster and more convenient travel to the Hadapsar-Saswad-Jejuri Road, Pune Solapur Highway, Mumbai-Pune Expressway, Pune Satara Road, and other local commercial districts like Magarpatta, Tarade, Peth, Kalewadi, Zendewadi, Vadki and Tarade.
The project also offers easy access to healthcare centres, education institutes, and business hubs, along with being surrounded by full-fledged retail and lifestyle establishments, and will have direct connectivity with the proposed Purandar airport, sited at a distance of 28 km, amounting to a commute of 40 minutes. The duo anticipates the commencement of the airport to furthermore drive the demand and growth for projects on the Ring Road, as well as across the city.
Maestro Realtek continues to be committed to delivering transformative real estate ventures that redefine industry standards. Their dedication to innovation, expertise, and strategic vision cements their position as the go-to strategic partner for significant real estate projects.
Luminous Power Technologies, India’s leading energy solutions company, has made a dynamic presence at the Smart Energy India Expo 2024 by showcasing its cutting-edge solar solutions at this significant event. With the widest array of solar products and solutions and end-to-end project management capabilities, Luminous aims to provide effective solutions that cater to the distinct needs of Residential, Commercial, and Industrial segments.
This three-day event serves as a crucial platform for connecting India’s fast-growing renewable energy sector. Luminous Power Technologies leveraged this opportunity to showcase their latest innovations in off-grid storage-based and grid-connected solar solutions. The products displayed in the solar inverter category were NXG, NXG PRO, Solarverter, Solarverter PRO, Solar NXE, and GTI NXI covering the capacity range from 500 VA to 10 KVA for off-grid storage-based solutions and 3KW to 110KW for a grid-connected solution. In the solar panel and solar battery categories products in the range of 40W to 550W and 40Ah to 200Ah respectively were showcased.
Commenting on the participation, Amit Shukla, Senior VP & Business Head, Energy Solutions, Luminous Power Technologies said, “Luminous recognizes India’s significant potential in the renewable energy market and has been at the forefront of product and service innovation to transform the landscape of sustainable energy storage. We are excited to participate in the Smart Energy India Expo 2024, as it serves as an excellent platform for exchanging pathbreaking ideas and technologies in the renewable energy sector, fostering collaborative efforts towards a more sustainable and environmentally conscious future. Our pioneering product range is a testament to our continuous commitment to innovation and this expo provides a fantastic opportunity for us to spotlight those advancements in the energy solutions space, offering smarter solar solutions to power homes and businesses.”
With over 35 years of expertise, Luminous has been creating innovative and technology-driven products, establishing itself as one of the most trusted and reliable brands in India. A pioneer in providing renewable energy solutions, the company is on a mission to deliver transformative solutions and aims to guide its consumers through every facet of their Solar Journey. As a company, Luminous is well-positioned to leverage the vast potential of solar energy. Its dedication to R&D and product innovation has led to the introduction of a range of products that are not only enhancing its competitive advantage but also contributing significantly to a more sustainable future. The upcoming launch of the new state-of-the-art PV Panel factory will also mark a pivotal milestone in Luminous’ journey in driving continuous evolution in sustainable energy space.
Mumbai, 19th January 2024: Save the Date for a Spectacular Celebration! Amazonia, renowned for its enchanting rainforest theme, mouth-watering multi-cuisine delights, and the city’s most loved party place, celebrates its 1st anniversary with a two-day extravaganza unlike any other. Get ready for electrifying live music on 19th January, where you can dance and let loose. Then, on the 20th, Into The Wild bar nights get enchanting with a themed anniversary bash featuring killer cocktails, epic music, and unforgettable vibes!
Prasuk Jain, Founder and Managing Director of Amazonia BKC said “Our mission was to craft a space that transcends ordinary dining and transports guests to the heart of the Amazon. We are thrilled to see the positive response that Amazonia has garnered since its launch. We strive to create superior dining experiences for every visitor. I would like to thank all our patrons for making us one of the preferred F&B destinations of the city.”
Step inside and you will be whisked away to a lush rainforest oasis that exudes an aura of extreme glamour and tropical vibes. The “shrubbery chic” decor adorned with exotic flora and gargantuan animals as centerpieces and section dividers will leave you breathless, while the most delicious and innovative cuisine will tantalize your taste buds. The lively atmosphere is infectious and will have you coming back for more.
The culinary team at Amazonia brings sheer delight to the guests with their mastery of crafting delectable dishes that appeal to all age groups. From Japanese and Korean to Thai and Italian, the menu boasts a variety of delicious and approachable options, including salads, grills, sushi, bites, fish, and meat, ensuring even the pickiest of appetites are satisfied.
In just one year, Amazonia has carved a niche in the heart of Mumbai, offering a welcome respite from the urban cacophony. As Amazonia marks its first anniversary, raise a toast to many more years of tranquil escapes, vibrant flavours, and unforgettable experiences.
India, January 19, 2024: Satin Creditcare Network Limited (SCNL), a leading microfinance institution in India, has been awarded the prestigious Gold level in Client Protection Certification by the global rating agency MicroFinanza. This accreditation, in accordance with the new Client Protection Certification Framework promoted by SPTF and CERISE, comes after a thorough review of the company meeting the most rigorous standards of client protection found in the universal standards for Social Performance Management through its offering of responsible credit.
As a responsible corporate entity, SCNL has consistently undertaken conscious efforts to uphold fair practices, adhering to globally accepted standards, and functioning as an accountable lender to those at the bottom of the pyramid, thereby underscoring its testament to this recognition.
This certification thoroughly evaluates institutions across a varied spectrum of parameters including appropriate product design and delivery, prevention of over-indebtedness, transparency, responsible pricing, fair and respectful treatment of clients, privacy of client data, mechanisms for complaint resolution and governance and HR to determine the degree of client protection practices followed across the loan cycle.
Commenting on the certification, Mr. HP Singh, CMD of Satin Creditcare Network Limited, said, “Receiving the highest level of recognition in our first attempt without the need for any adjustment phase fills us with immense pride and satisfaction. Our business model is rooted in an unwavering commitment to the principles of client protection, where integrity, transparency, and fairness are all thoroughly crafted to center around our processes and services. This independent validation not only bolsters our credibility but also serves as evidence of our dedication to excellence from the outset and adherence to the best practices in microfinance. I confidently affirm our pledge to continue the journey of maintaining these high standards in all facets of our operations.”
Chennai, 19th January 2024: ITC Hotels today announced the reopening of Welcomhotel by ITC Hotels, Cathedral Road, Chennai, a landmark property established in 1975, looking resplendent in its new avatar. This iconic hotel, with a repertoire of world-class hospitality offerings, promises to further enrich the city’s vibrant tourism and business landscape.
In line with ITC Hotels’s credo of ‘Responsible Luxury’, Welcomhotel Chennai is committed to the highest levels of environmental stewardship. The hotel is LEED® Platinum & LEED Zero Carbon certified, attesting to its commitment to sustainability, utilization of renewable energy, conservation and recycling of water, and concrete measures to preserve the ecosystem. It has self-owned and offsite wind farms using maximum renewable electrical energy to mitigate the carbon footprint. Centrally located at No. 2, Cathedral Road with easy access to international and domestic airports, Welcomhotel Chennai holds the pride of place being the first property of ITC’s hotel group, which heralded a new era in hospitality.
Speaking on the occasion of the launch, Anil Chadha, Divisional Chief Executive, ITC Hotels said “Welcomhotel Chennai holds a very special place in the ITC Hotels group and is our tribute to this great metropolis. A gateway to south India, Chennai is a cosmopolitan hub that offers the perfect blend of deep-rooted traditions and modern influences. We are delighted to bring back this iconic hotel that has witnessed decades of Chennai’s transformation. Welcomhotel Chennai is a showcase of this glorious heritage”
The hotel has 90 well-appointed rooms including Executive Suites, Club Rooms and Superior Rooms. The elegantly appointed and spacious guest rooms and suites strike a perfect balance between comfort, flawless service and warmth of Indian Hospitality.
The hotel adorns an intricate design, contemporary and reflective of the Southern Indian magnificence. The design aesthetics of the hotel’s décor are reflective of Chennai’s local flavour, including its beautiful art and architecture.
The hotel draws inspiration from its rich legacy – corporate titans, cultural icons, families, and individuals who have graced this iconic hotel. It has been a preferred choice for Consul Generals, members of the Indian Armed Forces, luminaries from various domains, cultivating a rich tapestry of experiences and relationships. Notably, it was the Chennai’s inaugural ice-skating destination.
Affirms Zubin Songadwala, Vice President, ITC Hotels (South and East) “The new avatar of this property epitomizes the esteemed standards synonymous with ITC Hotels in delivering unmatched quality and enriching guest experiences. Welcomhotel Chennai endeavors to uphold the legacy of being the chain’s first property. We are grateful to the people of Chennai for their patronage and shall continue to create experiences as a reminder of everything that this city represents”
A rich amalgamation of heritage, local aesthetics, contemporary veneers, and modern-day comforts, along with ITC Hotels’ renowned culinary offerings, seamlessly find expression at Welcomhotel Chennai.
The all-day dining venue WelcomCafe Marina offers a variety of tastefully curated buffets and a la carte spreads. The signature WelcomSthalika presents a palate of the region’s most cherished delicacies on a single platter, introducing travellers to the best regional recipes. Taste of Madras showcases street food of Chennai reimagined. Durrant’s Bar showcases a large selection of premium beverages and inventive mixology, including sustainable herbal and organic cocktails paired with delectable snacks. Sunbean Cafe serves short eats, finger food, tea, and coffee. Mahjong Room offers delectable Chinese cuisine. Adding to the sweetness is the luxurious Fabelle Chocolate Takeaway outlet in the lobby.
Welcomhotel Chennai has two banquet halls: Mandapam, with a capacity of 375 guests and theatre seating, and Saagri on the rooftop with a capacity of 70-80 guests. Welcomhotel Chennai is the new age traveler’s key to curated immersive experiences that enrich both business and leisure journeys.
The hotel features a relaxing spa journey through the chain’s indigenous K by Kaya Kalp spa, offering rejuvenating wellness treatments in its holistic and comforting treatment rooms. A fully functional fitness center with all contemporary equipment offers a holistic experience to busy travelers. An outdoor pool, nestled in the lush green gardens of the hotel, is the perfect place to unwind and relax after work.
“I am delighted that we have been honored as a global Top Employer. This recognition makes us particularly proud as it shows that we focus on the people working for us not just in selected countries but around the world. We are constantly striving to create a working environment that attracts, fosters, and retains talents. Our more than 15,000 employees in over 30 countries represent the foundation of our success and we want to enable them to develop their full potential with us,” said Norbert Rotter, CEO of NTT DATA Business Solutions AG and EVP NTT DATA, Inc.
The Top Employers Institute program certifies organizations based on the participation and results of their HR Best Practices Survey. This survey covers six HR domains consisting of 20 topics including People Strategy, Work Environment, Talent Acquisition, Learning, Diversity & Inclusion, Wellbeing and more. The program has certified and recognized over 2,300 Top Employers in 122 countries/regions across five continents.
“Finding skilled IT workers has become more challenging in recent years. We are a continuously growing, globally operating company, permanently on the lookout for talents who want to enrich us with their personality, develop professionally, and work with us to strengthen our market position. As an employer, we are committed to creating an environment based on respect, development, and support. The Top Employer award shows that we are on the right path as a big team,” said Dieter Schoon, Executive Vice President Global People at NTT DATA Business Solutions.
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Apart from the global recognition, the company has once again received numerous regional awards this year. The strategic orientation as a sustainable employer unites the entire NTT DATA Group, of which the SAP consulting company is a part. In addition to the global recognition, NTT DATA is proud to have received regional certifications as Top Employer 2024 in 29 countries in Asia, Europe, Latin America, and North America.
“We firmly hold that TRUST is not just a word but the bedrock upon which our ecosystem of respect, inclusivity, and upliftment stands. At its core, our culture is a dynamic fusion of accountability and performance. Our fundamental motto is rooted in the profound belief of owning each other’s success.
As a people-first company, we humbly dedicate this prestigious award to the heartbeat of our organization – our incredible people. To every colleague who brings their passion, dedication, and brilliance to the forefront every single day for our customers and their teams, we extend our deepest gratitude. This recognition is a testament to the collective spirit and unwavering commitment that defines our journey. Thank you for being the driving force behind our success.” Said Mr. Sanjeev Deshpande, Executive Vice President, Head of APAC Region & Managing Director – India
Top Employers Institute CEO David Plink says: “Exceptional times bring out the best in people and organizations. And we have witnessed this in our Top Employers Certification Program this year: an exceptional performance from the certified Top Employers 2024. And amongst this community of outstanding organizations, NTT DATA Business Solutions has proven their commitment to their employees on a global scale. This consistency in people practices across the globe characterizes an exclusive group of companies that have achieved a global certification through the Top Employers Program. We are proud to announce and celebrate these companies and their achievement in 2024.”
Wednesday 18th January 2024: Old Bridge Mutual Fund sponsored by Old Bridge Capital Management Private Limited, makes its foray in the dynamic Indian mutual fund industry with the introduction of its maiden equity New Fund Offer (NFO) – ‘Old Bridge Focused Equity Fund,’ (An Open-ended Equity Scheme investing in maximum 30 stocks (Multi Cap) .This open-ended equity scheme aims to provide investors with a unique opportunity to participate in the growth potential of carefully selected companies.
The NFO is open for subscription from January 17, 2024, to January 19, 2024. Investors can participate with a minimum SIP investment of Rs. 2,500 and in multiples of Rs. 1 thereafter. For lump-sum investments, the minimum amount is Rs. 5,000. The scheme will be benchmarked against the S&P BSE 500 TRI.
The Fund’s primary objective is to achieve long-term capital appreciation by strategically investing in a maximum of 30 stocks across different market capitalizations (i.e. Mid cap, Small cap, Large cap). This multi-cap approach is designed to identify businesses with the potential to compound capital over the long term, focusing on companies with enduring economic moats that has long-term franchise value and continued growth potential.
The fund will be managed by seasoned investment professionals, Kenneth Andrade and Mr. Tarang Agrawal, leveraging their combined experience and expertise to navigate the dynamic market conditions. Ruchi Pandey will lead the fund house as the CEO.
Commenting on the same Kenneth Andrade, CIO of Old Bridge Asset Management Private Limited & Founder Director of Old Bridge Capital Management Private Limited, said. “We are excited to introduce our first equity fund to investors seeking long-term capital appreciation. The fund’s strategy is aligned with our investment philosophy focusing on early-cycle businesses with strong leadership and growth potential”.
Ruchi Pandey, CEO of Old Bridge Asset Management, further added “ The launch of Old Bridge Focused Equity Fund aligns with the unprecedented growth in India’s mutual fund industry as highlighted by recent data from the industry trade body AMFI. With over 20 million new investment accounts and a 19% increase in fund assets during the first 11 months of 2023, India surpasses global peers like the US, Japan, and China”.
Key Fund Features:
Concentration & Alpha Generation: Aiming for long term returns through active alpha generation by investing in a maximum of 30 carefully selected stocks across market caps (multi-cap).
Buy & Hold Strategy: Focuses on long-term capital appreciation through a disciplined buy-and-hold approach, selecting companies with robust growth potential.
Low Debt & High Efficiency: Prioritizes financially strong companies with low debt and high capital efficiency for increased resilience and stability.
Early Cycle Identification: Targets companies early in their growth cycles, potentially capturing significant upside as they establish market leadership.
Experienced Management: Led by Mr. Kenneth Andrade, a seasoned fund manager with over 30 years of experience and a proven track record of success.
· In line with our commitment to providing unparalleled service, Old Bridge Mutual Fund adopts a robust multi-channel approach to serve investors effectively.
In the past decade, the Indian mutual fund industry has experienced an astounding growth of over six times, surging from approximately Rs 8 lakh crore in 2013 to an impressive Rs 50.8 lakh crore by the end of 2023, as per data released by AMFI. This remarkable journey accentuates the industry’s resilience and adaptability, reflecting its ability to evolve against the dynamic backdrop of India’s growth story.
