After raising Rs 245 crore through the new fund offer from its Balanced Fund, BNP Paribas Mutual Fund today said it has opened the scheme for re- investing based on daily net asset value today.
The NFO of the fund, which opened on March 17 and closed on March 31, has raised Rs 245 crore. The scheme opened today for re-investing based on daily net asset value (NAV), a company statement said.
The objective set for the fund is to improve risk adjusted returns through diversification across these asset classes.
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L'Oreal India, today announced the appointment of Aseem Kaushik as Director, Consumer Products Division.
It also elevated DP Sharma as General Manager, Professional Products Division (PPD). Both appointments were internal promotions, a statement from L'Oreal said.
Kaushik will now handle all consumer product brands including L'Oreal Paris, Garnier, Maybelline New York and NYX, it added.
-------------------------------------------------- Quikr partners with Truecaller
Online classified Quikr today announced their partnership with Truecaller, a communication app by integrating Truecaller Priority.
This feature will increase call pickup rates across all verticals of Quikr, and offer an enhanced customer service experience, Quikr said in a statement.
Truecaller Priority will help consumers identify a 'priority call' because of the integrated branding of Quikr and the unified look of the interface will assure consumers that the call is from a reliable source and not spam.
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