Business

Tata AIA Life Insurance on Wednesday announced the launch of the Tata AIA Momentum Value 50 Index Fund, a unit-linked investment option that combines momentum and value investment approaches to provide diversified equity exposure along with life insurance protection. The fund selects companies from the BSE 500 universe based on momentum and value characteristics, customised in accordance with IRDAI requirements, and is benchmarked against the BSE 500 Momentum Value 50 Index (Customized). The fund will invest 80–100% in equity and equity-related instruments, while 0–20% may be allocated to cash, money market instruments and mutual funds. The New Fund Offer (NFO)…

Aakash Educational Services Limited (AESL) has launched the Aakash National Talent Hunt Exam (ANTHE) 2026, with the examination positioned as a national-level diagnostic assessment for students preparing for competitive academic examinations. The exam has recorded more than 1 crore registrations over the past 16 years. ANTHE is designed to assess subject knowledge, aptitude, analytical ability and examination behaviour, with each question mapped to specific concepts and competencies. Every participant will receive an ANTHE Intelligence Report covering subject-wise strengths and areas for improvement, along with indicators such as Competitive Exam Success Potential, Test-Taking Personality and Attempt Intelligence Quotient. The examination’s reported…

Digital investing is gaining traction in Arunachal Pradesh, with Groww accounting for 40% of the state’s active investor base on the NSE as of June 2026, according to data released by the investment platform. The figure means that two in every five active investors in the state use Groww for their investment journey. The development comes amid growing digital connectivity, smartphone adoption and access to financial products across the Northeast. Groww users account for nearly 24% of the NSE’s 36.31 lakh investor base across the eight Northeastern states. Sikkim recorded the highest share at 41%, followed by Arunachal Pradesh at…

Kalyan Jewellers has expanded its retail presence in Guwahati with the launch of redesigned showrooms at Lachit Nagar and A.T. Road, signalling continued investment in the city’s organised jewellery retail market. Bollywood actor Ajay Devgn inaugurated the revamped outlets on Wednesday. The redesigned stores combine an upgraded retail environment with a broad portfolio of gold, diamond and precious-stone jewellery. The collections include Muhurat, Mudhra, Nimah, Glo, Ziah, Anokhi, Apoorva, Antara, Hera, Rang and the recently launched Lila range. To mark the expansion, Kalyan has introduced 30% off on making charges and zero deduction on old gold exchange, subject to terms…

Royaloak Furniture has launched its flagship store in Agartala, Tripura, featuring its Country Store collection as part of its expansion in the Northeast. The inauguration was attended by Tripura ministers Tinku Roy and Sushanta Chowdhury, MLA Ratan Chakraborty, Lohia Group of Companies Chairman Kailash Ch. Lohia, franchisee partner Rahul Lohia and Royaloak Incorporation Franchise Head Kiran Chhabria. Spread across 12,000 square feet, the store offers furniture and home furnishing products across living rooms, bedrooms, dining spaces, study and office areas, outdoor settings, home décor and mattresses. The company said the expansion is aimed at providing quality furniture at affordable prices…

Digital investing is gaining traction in Mizoram, with Groww accounting for 30 per cent of the NSE’s active investor base in the state as of June 2026, according to data shared by the investment platform. The figure means roughly one in every three active investors in Mizoram invests through Groww. The development comes amid growing digital connectivity and financial awareness across the Northeast, where smartphone adoption, internet penetration and easier access to financial products have encouraged greater participation in capital markets. Groww users account for nearly 24 per cent of the NSE investor base of 36.31 lakh across the eight…

Axis Bank and Cognizant have completed the implementation and go-live of Cognizant’s Application Management Services (AMS) under the bank’s AMS 2.0 initiative, marking a technology-focused step towards improving operational efficiency, application reliability and productivity. AMS 2.0 is a jointly driven programmecentred on automation-led operations, stronger delivery governance and standardised processes across application support services. The model is designed to improve service reliability and cost efficiency while supporting scalability, productivity and operational consistency, with governance, compliance and discipline forming key components. The five-year agreement covers technology systems across Branch and Operations, Cards, Corporate Banking and Treasury, Core Platforms and Payments, Finance…

Digital investment platform Groww accounted for 37 per cent of the NSE active investor base in Tripura as of June 2026, indicating a growing shift towards digital investing in the northeastern state. According to Groww, the figure means roughly one in every three investors in Tripura invests through the platform. The company said the trend reflects rising digital connectivity, financial awareness and access to capital-market products across the Northeast. Groww users account for nearly 24 per cent of the NSE investor base of 36.31 lakh across the eight northeastern states. Sikkim recorded the highest share of Groww investors at 41…

Gold prices edged lower marginally across domestic and international futures platforms during early trade on Wednesday, September 23, while silver posted gains, keeping the market dynamic active. On the Multi Commodity Exchange (MCX), gold contracts for the October 5 expiry dropped Rs 167 to touch an early low of Rs 1,52,549 per 10 grams from a previous close of Rs 1,52,716, whereas December 4 expiry silver futures climbed Rs 1,489 to reach a peak of Rs 2,41,377 per kilogram against the prior close of Rs 2,39,888. Later in the session, gold market movements flattened out and silver trimmed some of…

Seven in 10 urban Indians aspire to retire before the traditional retirement age of 58–60 if their financial needs are adequately met, while half of them want to achieve financial independence and retire early (FIRE) before 50, according to the sixth edition of Axis Max Life Insurance’s Bharosa Talks India Retirement Index Study (IRIS 6.0), conducted with Kantar. The study, however, highlighted a significant gap between retirement aspirations and preparedness. Urban Indians have accumulated only 28% of their target retirement corpus on average, while 82% of Gen X+ respondents aged 45 and above believe they may need to continue working…