SPIRIT OF MUMBAI

The NFO opens on May 08, 2026, and closes on May 22, 2026 An open-ended equity scheme following contrarian investment strategy   Mumbai, 7 th  May, 2026:  Motilal Oswal Mutual Fund (MOMF) has announced the launch of its new fund offer (NFO),  “Motilal Oswal Contra Fund”,  an open-ended equity scheme following a contrarian investment strategy.   A contrarian strategy is an investing style which typically invests against prevailing market trends. Contrarian investing seeks to identify investment opportunities in companies that are currently out of market favour or undervalued temporarily, yet exhibit strong fundamentals and a turnaround potential over the long term. By adopting a long-term investment horizon over a complete market cycle, a contrarian approach allows investors to take a differentiated market exposure, benefiting from market inefficiencies such as price-value dislocations, while enabling portfolio diversification.   As leadership rotates a...

After the historic first Season that ranked #1 in 17 countries and trend in the Top 10 across 37 countries in its launch week, Prime Video has officially announced development of Season 2 of this captivating Original series https://www.instagram.com/p/DYBwiuXEZ91/  *MUMBAI, India—XX, 2026– Prime Video,* India’s most loved entertainment destination, today announced Season 2 of its breakout Original drama series, Matka King, is in development following the massive success of Season 1. Set against the fast-changing backdrop of 1960s Bombay, the high-stakes drama struck a powerful chord with audiences through its gripping narrative of ambition, power, and identity, brought to life with compelling performances and immersive storytelling. The first season emerged as the most-watched new scripted series on the service in the last two years, trending in the Top 10 across 37 countries and ranking #1 in 17 countries within its opening week. Garnering widespread acclaim from viewers, the seri...

NFO opens May 7, 2026, offering passive exposure to value and smallcap equity segments Mumbai, May 06, 2026:   SBI Mutual Fund, India’s largest asset management company, today announced the launch of two new exchange traded funds (ETFs) – SBI Nifty200 Value 30 ETF and SBI Nifty Smallcap 250 ETF. The New Fund Offer (NFO) for both schemes will open on May 7, 2026, and close on May 18, 2026. The SBI Nifty Smallcap 250 ETF is an open‑ended exchange traded fund replicating/ tracking Nifty Smallcap 250 Index. The index represents 250 companies ranked from 251 to 500 within the Nifty 500 universe. This index aims to measure the performance of small‑capitalisation companies and currently accounts for approximately 5.20% of the free‑float market capitalisation. (source: NSE) The SBI Nifty200 Value 30 ETF is an open‑ended exchange traded fund replicating/ tracking Nifty200 Value 30 Index. The index aims to track the performance of 30 companies selected from the Nifty 200 based on value‑orien...

CREDAI-MCHI leadership inaugurates First-of-Its-Kind exclusive property expo for channel partners across MMR First-of-its-kind expo unites 48 associations and 50+ developers to accelerate collaboration, transparency, and business growth in the real estate market Mumbai, May 6, 2026: Under the visionary leadership of Sukhraj Nahar, CREDAI-MCHI, the apex body of real estate developers in the Mumbai Metropolitan Region (MMR), hosted its first-ever exclusive Property Expo for Channel Partners at the Jio World Convention Centre, bringing together over 5,000+ channel partners and 48 channel partner associations on a unified platform created to strengthen the critical bridge between developers and homebuyers. Recognising that nearly 60% of real estate sales are driven through the channel partner ecosystem, the initiative was conceptualised to reinforce ease of doing business, recognise the contribution of channel partners, and foster stronger partnership across the real estate value chain. Th...

Maharashtra, India: As Maharashtra celebrates its foundation day, a small village near Shirpur is offering a powerful narrative of progress—where tradition is evolving with science, and communities are taking charge of their future through informed choices. In a quiet yet transformative shift, age-old matrimonial traditions here are being redefined, not by horoscopes or kundlis, but by health cards. In this unique community-led practice, red and green cards indicating sickle cell status have become a decisive factor in marriage compatibility. The system is simple yet powerful: individuals carrying two green cards are not matched, while red and green card pairings are considered acceptable. This approach is designed to significantly reduce the risk of children being born with sickle cell disease, a serious genetic blood disorder prevalent among tribal populations in Maharashtra. What makes this model particularly compelling is its grassroots origin. Driven by sustained awareness campaig...

Mumbai: Describing ‘Mahalakshmi Saras’ as not merely an exhibition but a powerful platform for the empowerment of rural women, Union Minister of State for Social Justice, Hon. Ramdas Athawale visited the exhibition at Bandra-Kurla Complex. During his visit, he toured various stalls, gathered information about the products and interacted with women entrepreneurs from the ‘UMED’ initiative, encouraging and motivating them. *Support to the Prime Minister’s ‘Lakhpati Didi’ Mission* Speaking during the visit, Hon. Athawale said, “The initiative is strengthening the resolve of Prime Minister Narendra Modi to create 1 crore ‘Lakhpati Didis’ across the country. We will work with full commitment to achieve this goal.” He further stated that the exhibition serves as an important platform for the economic empowerment of rural women. Appreciation for the work of Hon. Jaykumar Gore Referring to the organization of this innovative initiative and the schemes being implemented for rural development, h...