Aditya Birla Sun Life Mutual Fund, the wholly-owned subsidiary of Birla Sun Life MF, has launched India Infrastructure and Reforms Fund, an open ended equity fund targeted at global investors.
The new fund offer, which opened for subscription on April 10, will close on April 25, 2014. It will focus on a portfolio of 20-30 stocks of domestic infra companies.
"The Indian economy is on the road to recovery and macro indicators being favourable, we see upcoming quarters presenting great promise in the Indian infrastructure space," Chief Executive Officer of Birla Sun Life MF, A Balasubramanian, said in a release here.
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Home Expo India 2014 bags business orders worth Rs 586 cr:EPCH * Asia's largest exhibition of home and lifestyle products - Home Expo India - concluded today and is likely to generate business worth Rs 586 crore.
The four day exhibition, organised by Exports Promotion Council for Handicrafts (EPCH), showcased furnishings, floorings, textiles, houseware and decoratives from 1,250 exhibitors under one roof, and registered over 1,456 overseas buyers.
The foreign buyers mostly came from US, UK, Germany, France, Denmark, Netherlands, Sweden, South Africa, China, Japan, Australia, Canada, Spain, Latin America, particularly Brazil, Argentina, Colombia and Mexico and the Middle East.
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Toyota launches its first TES outlet in South * Toyota Kirloskar Motor Pvt Ltd today announced the launch of its first ever Toyota Express Service (TES) outlet in the southern part of the country.
This is the second TES of Toyota in India after their first successful launch at Delhi last December. Toyota has a plan to expand it to other key cities of the country in due course of time, the company said in a release.
Inaugurating the outlet, Naomi Ishii, MD, Toyota Kirloskar Motor said, "In line with Toyota's core strength - Quality, Durability and Reliability - our endeavor is to provide best quality services to our customers in the shortest time span through Toyota's Express Services.
