PNI News - Press Network of India

Mumbai: Equirus, one of India’s leading diversified financial services groups, has appointed Mohit Kapoor as Associate Director in its Investment Banking division. The appointment reinforces the firm’s growing focus in the Industrials space, which continues to witness strong fund raising as well as M&A activity. Mohit brings over a decade of experience across M&A advisory, private equity transactions and capital markets, with a sharp focus in Industrials. His experience spans buy-side and sell-side mandates,…

Mumbai: Bandhan Money Market Fund has crossed the Rs 13,000 crore monthly average assets under management (AUM) milestone as it completes 23 years of offering investors a safe, liquid and relatively high-yielding avenue to park short-term surpluses awaiting deployment. Over more than two decades, the fund has established itself as a preferred choice for investors seeking capital preservation, liquidity and stability. The Bandhan Money Market Fund Direct Plan – Growth has consistently outperformed its primary benchmark…

Bhubaneswar: Annapurna Finance Private Limited has secured a USD 100 million through syndicated multi-currency term loan facility, along with a USD 50 million greenshoe option. The facility, denominated in USD and JPY, marks a significant step in enhancing Annapurna Finance’s access to new currencies and international lenders, the facility structured as a social loan underscores the organisation’s continued commitment to inclusive and responsible finance. Standard Chartered Bank acted as the Sole Mandated Lead Arranger,…

Chennai: Tiger Analytics, a global leader in AI and advanced analytics consulting, today announced the signing of a landmark Memorandum of Understanding (MoU) with the Government of Bihar at the India-AI Impact Summit 2026, organized by the Ministry of Electronics and Information Technology (MeitY). The partnership aims to establish one of India’s largest Artificial Intelligence Centres of Excellence (AI CoE) in Bihar. The MoU was signed in the presence of senior government officials and industry leaders, marking a defining…

JEDDAH: The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce the winners of the IsDBI eBook Reader App Review Competition, an initiative launched to gather user insights to support the enhancement of the Institute’s digital reading platform. The competition invited users of the IsDBI eBook Reader, across the iOS, Android, and cloud‑based versions, to submit their evaluations addressing ease of use, interface/navigation, speed, reading features, and the library experience.…

Kochi: As many as 146 Memorandums of Understanding (MoUs) were signed between Micro, Small and Medium Enterprises (MSMEs) from Kerala and international companies during the international buyer-seller meet, ‘TRADEX Kerala 2026’. The two-day event concluded here on Wednesday. With the signing of these agreements, MSMEs secured trade commitments worth more than ₹81 crore. During the event, twelve trade orders were confirmed, and execution of these orders will commence immediately. More than 30 international buyers from over…

Chennai: Cholamandalam MS General Insurance Company Limited, a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Limited, has launched a first-of-its-kind health insurance film series that brings alive a simple yet powerful idea health worries evolve across life stages, and insurance should evolve with them. The films thoughtfully showcase Chola MS’s wide bouquet of health insurance products, designed to address diverse health concerns that individuals and families may face at…