Stories
Business Briefs: OnMeta Expands, NSE Issues Warning, And Motilal Oswal Launches New Fund
- •Payment infrastructure provider OnMeta has signed an MoU with Kazakhstan's QazPost to explore and develop new digital financial solutions for consumers and businesses.
- •The National Stock Exchange cautioned investors against a Telegram channel named NSE Stock PRO that was falsely offering assured returns in the securities market.
- •Motilal Oswal Mutual Fund has launched the Motilal Oswal Nifty Midcap150 Plus 8-13 Yr G-Sec 70:30 Index Fund, combining midcap growth potential with the stability of government securities.
Key Questions Answered
OnMeta signed an MoU with Kazakhstan's QazPost to explore and develop new digital financial solutions for consumers and businesses. This partnership combines OnMeta's digital infrastructure with QazPost's nationwide distribution network to bring next-generation financial services across Kazakhstan.
The National Stock Exchange cautioned investors against the Telegram channel 'NSE Stock PRO (Profit Everyday)' because it provides securities market tips and offers assured returns, which is prohibited by law. The exchange clarified that the channel is completely unassociated with them and investors using it will not receive investor protection benefits or grievance redressal mechanisms.
The newly launched Motilal Oswal Nifty Midcap150 Plus 8-13 Yr G-Sec 70:30 Index Fund is an open-ended fund designed to combine the growth potential of midcap companies with the stability of government securities. Midcap companies represent businesses in their growth lifecycle phase, while the included government securities carry zero credit risk.
