Latest news with #AshutoshSingh
Time of India
18 hours ago
- Business
- Time of India
Key roads, circles in Ranchi to get facelift
Ranchi: The state urban development and housing department has drafted a Rs 38 crore beautification plan to upgrade key roads and chowks in Ranchi. To be carried out by Jharkhand Urban Infrastructure Development Company Limited (JUIDCO), the project aims to enhance urban aesthetics and ease traffic flow in the state capital. A detailed project report (DPR) for the project has been submitted by the consulting agencies, officials said. "The DPR is under technical scrutiny. Once cleared, it will be sent to chief minister Hemant Soren for final approval. The tender process will then begin. The whole process may take two to three months," said Juidco PRO Ashutosh Singh. The phase one of the project will focus on Airport to Hinoo (Rs 14 crore), Hinoo to Birsa Chowk (Rs 9.6 crore), and Albert Ekka Chowk to Kutchery Chowk (Rs 8.49 crore) and will include road widening, stormwater drainage systems, pedestrian-friendly footpaths, utility ducting, tree plantations, decorative streetlights, and modernization of traffic roundabouts. A sum of 1.78 crore will be spent on the beautification of Hinoo Chowk and its roundabout, while Rs 4.23 crore has been allotted for the development of Birsa Chowk and its traffic circle. "Currently, the Birsa Chowk roundabout spans about 12 square meters. We plan to expand it to 22 square meters to improve visibility and traffic flow," added Singh. The Kutchery area, will be developed with integrated urban design, involving cable management in collaboration with the energy department, shaded walkways, and green landscaping.
Time of India
25-05-2025
- Time of India
2 held after Dalit student shot dead in Saharanpur
Meerut: Two people were arrested on Sunday after a 19-year-old Dalit student was shot dead outside a college in Saharanpur the previous day, police said. The incident took place around 1 pm on the Gagalheri-Deoband highway in the Nagal police station area. Ashutosh Singh, a first-year B Pharma student, had just appeared for an examination when 5–6 masked men attacked him and his friend Aryan Malik with sticks. As other students tried to intervene, one of the assailants opened fire, shooting Ashutosh in the face. He collapsed and was declared dead at the hospital, while Aryan is undergoing treatment. The incident triggered protests by Bhim Army and other minority groups, demanding immediate action. SSP Saharanpur Rohit Singh Sajwan said, "It appears the attack was driven by personal enmity. Ashutosh was killed while trying to save his friend. We are investigating all angles." He added that after a brief exchange of gunfire, two suspects — Udit Rod and Ayush Kumar, both residents of Saharanpur — were arrested. The car and weapon used in the crime were recovered, and efforts are on to trace the others involved. Police said an FIR under BNS sections 191(2), 191(3) (rioting), 103 (murder), 109 (attempt to murder), 3(2)(5) of the SC/ST Act, and other relevant sections has been registered against 6–7 men. "Efforts are being made to identify and arrest the others involved in the attack," the SSP said.
&w=3840&q=100)
Business Standard
20-05-2025
- Business
- Business Standard
BSE's Asia Index expands offerings with four new factor-based indices
Asia Index, a subsidiary of BSE, on Tuesday launched four factor-based indices as part of its ongoing revival efforts over the past year. The company became a wholly-owned subsidiary of BSE in June last year after the exchange bought the stake previously held by S&P Dow Jones Indices. The indices launched include BSE 500 Enhanced Value 50, BSE 500 Low Volatility 50, BSE 500 Momentum 50, and BSE 500 Quality 50. According to the company, a key differentiator compared to similar offerings from NSE Indices is the frequency of rebalancing. The BSE indices will be rebalanced on a quarter-wise basis. 'The introduction of quarterly reconstitution schedule in our factor indices will enable factor signals to capture the most recent financial and stock price data,' said Ashutosh Singh, managing director and chief executive officer of Asia Index. Also Read Since the change in ownership, it has intensified its focus on index development. In FY25, it unveiled 20 indices, including differentiated offerings such as the BSE 1000. The company is aiming to recover lost ground after lagging behind NSE Indices in index creation during the final five years of joint ownership. 'In terms of market share, we are way below. The priority is to look at our product profile and launch indices based on discussions with mutual funds. This year, our focus is going to be on launching a lot more indices,' Singh added.
Economic Times
20-05-2025
- Business
- Economic Times
BSE launches value, quality and two other factor indices with quarterly reconstitution
Asia Index, a BSE subsidiary, launched four new factor-based indices from the BSE 500 universe with quarterly reconstitution. These indices—Value, Low Volatility, Momentum, and Quality—enable smarter passive strategies and benchmarking, supporting India's growing demand for factor investing through a transparent, rules-based framework. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Asia Index Private, a wholly owned subsidiary of BSE, today announced the launch of 4 new BSE Factor Indices from BSE 500 Index Universe with the introduction of quarterly reconstitution for these factor based Indices for the first Indices have a base value of 1000, and the first value date is June 20, 2005. The constituents are additionally screened for their liquidity profile and are capped at 4%.The growth of India`s Factor Investing is helping bridge the gap with global markets and meet the demand from sophisticated domestic investors looking for factor-based investing indices launched today include BSE 500 Enhanced Value 50, BSE 500 Low Volatility 50, BSE 500 Momentum 50, and BSE 500 Quality 500 Enhanced Value 50 measures the performance of the 50 companies in the BSE 500 Index with the most attractive valuations, based on their value scores. BSE 500 Low Volatility 50 measures the performance of the 50 least volatile companies in the BSE 500 Index and the constituents are weighted by their inverse volatility 500 Momentum 50 measures the performance of the 50 companies in the BSE 500 Index that exhibit the most momentum adjusted for volatility, based on their momentum scores. BSE 500 Quality 50 measures the performance of the 50 highest quality companies in BSE 500 Index, based on their quality scores.'We are pleased to announce the launch of four new factor indices expanding our suite of smart beta offerings. These indices are designed to provide market participants with targeted exposure to key investment factors such as value, low volatility, momentum, and quality using a transparent and rules-based approach. The introduction of quarterly reconstitution schedules in our factor indexes will enable factor signals to capture the most recent financial and stock price data,' said Ashutosh Singh, MD and CEO of Asia Index new indices can be used for running passive strategies such as ETFs and Index Funds as well as gauging the performance of various sectors in India. It can also be used for benchmarking PMS strategies, MF schemes and fund can now access a broader spectrum of market opportunities, further enriching their investment strategies with this latest addition to BSE's suite of indices.
Time of India
20-05-2025
- Business
- Time of India
BSE launches value, quality and two other factor indices with quarterly reconstitution
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Asia Index Private, a wholly owned subsidiary of BSE, today announced the launch of 4 new BSE Factor Indices from BSE 500 Index Universe with the introduction of quarterly reconstitution for these factor based Indices for the first Indices have a base value of 1000, and the first value date is June 20, 2005. The constituents are additionally screened for their liquidity profile and are capped at 4%.The growth of India`s Factor Investing is helping bridge the gap with global markets and meet the demand from sophisticated domestic investors looking for factor-based investing indices launched today include BSE 500 Enhanced Value 50, BSE 500 Low Volatility 50, BSE 500 Momentum 50, and BSE 500 Quality 500 Enhanced Value 50 measures the performance of the 50 companies in the BSE 500 Index with the most attractive valuations, based on their value scores. BSE 500 Low Volatility 50 measures the performance of the 50 least volatile companies in the BSE 500 Index and the constituents are weighted by their inverse volatility 500 Momentum 50 measures the performance of the 50 companies in the BSE 500 Index that exhibit the most momentum adjusted for volatility, based on their momentum scores. BSE 500 Quality 50 measures the performance of the 50 highest quality companies in BSE 500 Index, based on their quality scores.'We are pleased to announce the launch of four new factor indices expanding our suite of smart beta offerings. These indices are designed to provide market participants with targeted exposure to key investment factors such as value, low volatility, momentum, and quality using a transparent and rules-based approach. The introduction of quarterly reconstitution schedules in our factor indexes will enable factor signals to capture the most recent financial and stock price data,' said Ashutosh Singh, MD and CEO of Asia Index new indices can be used for running passive strategies such as ETFs and Index Funds as well as gauging the performance of various sectors in India. It can also be used for benchmarking PMS strategies, MF schemes and fund can now access a broader spectrum of market opportunities, further enriching their investment strategies with this latest addition to BSE's suite of indices.
