This index tracks 43 companies in media, entertainment, and gaming, reflecting India’s vibrant creative economy.
FinTech BizNews Service
Mumbai, May 2, 2025: CM Devendra Fadnavis today rang the symbolic NSE bell at the WAVES 2025, indicating launch of 'Nifty Waves Index'. CM Fadnavis and Ashish Kumar Chauhan, MD and CEO of the National Stock Exchange of India, launched the 'Nifty Waves Index' during the 'WAVES 2025' today at the Jio World Convention Centre in Mumbai.
This index tracks 43 companies in media, entertainment, and gaming, reflecting India’s vibrant creative economy. Apart from Ashish Chauhan, other dignitaries of the National Stock Exchange of India, were also present on the occasion.
MoUs were Signed today between Government of Maharashtra and leading companies at WAVES.
MoU Signed between Godrej Fund Management & Govt. Of Maharashtra for the development of film, television and media campus. CM Devendra Fadnavis & Mr. Uraaz Bahl, Partner Godrej AA Studios and Rakesh Swami, Group President, Godrej Industries Group were present.
Total investment: Rs2,000 crore
Employment: 2,500 estimated employment
Sector: Media and Entertainment
Location: Godrej City, Panvel
CM Devendra Fadnavis & Mr Namit Malhotra, CEO, DNEG-Prime Focus Limited witnessed the signing of the MoU between Government of Maharashtra & DNEG-Prime Focus Limited.
Total investment: Rs3,000 crore
Employment: 2,500 direct job creation
Sector: Media and Entertainment
CM Devendra Fadnavis launched the AI-generated ‘Future Ka Wave’ anthem at 'India Today Creators Award' at WAVES 2025. India Today Group Founder and Chairman Aroon Purie and other dignitaries were present.
