One 97 Communications (OCL) has entered into a partnership with Axis Bank, one of India’s largest private sector banks to provide POS solutions and EDC devices (card machines) to the Bank & its merchant network. This collaboration is set to transform the merchant acquiring business by harnessing advanced technology to optimize business operations and elevate customer satisfaction. Through this partnership, Paytm’s cutting-edge technology will reach a wider merchant base via Axis Bank, thereby enhancing the capabilities of both entities. For Axis Bank, this collaboration strengthens their merchant acquiring portfolio, enabling them to offer state-of-the-art payment solutions that enhance transaction efficiency and operational effectiveness even further.
GE Power India (GEPIL) has received a notice of awards from NTPC GE Power Services (NGSL) for Renovation and modernization of Steam Turbines of NTPC, Vindhyachal TPS Unit No. 1 - 3 (3x210 MW) for Heat Rate (Efficiency) improvement & life extension. Broad consideration or size of the order(s)/contract(s) is Rs 348 crore (excluding GST).
Reliance Industries’ wholly-owned subsidiary -- Reliance New Energy (RNEL) has acquired the balance 12.7% of ordinary shares from the existing shareholders of Reliance Lithium Werks B.V. (Reliance Lithium), for an aggregate consideration of EURO 3.7 million. This acquisition is for consolidation of business operations. With this acquisition, Reliance Lithium has now become a wholly-owned subsidiary of RNEL.
RailTel Corporation of India has received the work order from Ministry of Railways (Railway Board) for Design, Development, Implementation, Operations and Maintenance of HMIS and Integrated Empanelled Hospital Referral Portal for Indian Railways amounting to Rs 186.81 crore (Including Tax).
Oil India has signed a contract with Dolphin Drilling, Norway, a leading drilling contractor for the offshore oil & gas industry, for the hiring of the ‘Anchor Moored Semi-Submersible Drilling Unit Blackford Dolphin’ on July 22, 2024, in Delhi.
Exhicon Events Media Solutions has signed the Joint Venture Agreement (JV) with Gaikwad Family of Hadapsar, Pune on July 22, 2024 for creating Pune's Largest Exhibition and Convention Facility. The development of Pune’s premier Convention & Exhibition Centre, an expansive, multi-purpose venue shall set a new standard for MICE (Meetings, Incentives, Conferences, and Exhibitions) facilities in the City. Spanning a total project area of 3,00,000 Square Feet, this cutting-edge complex will be located in Hadapsar, the heart of Pune, offering unparalleled amenities and flexibility for a wide range of events.
Yatra Online has opened its first exclusive franchise store in Greater Noida, Uttar Pradesh. This strategic expansion underscores Yatra's dedication to offering convenient and seamless travel solutions in an offline setting. Recognizing the burgeoning potential of travellers from Greater Noida, the company has strategically positioned its new franchise store to provide an enhanced and personalised travel experience.
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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Non-Individual |
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1187 |
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