Mutual funds industry adds 81 mn new investor accounts in AprMay FY25
The mutual fund industry has added over 81 lakh investors’ accounts in the first two months of the current fiscal (FY25), mainly due to consistent marketing efforts, celebrity endorsements and…
Street signs Nifty hits a speed hump MF industry on tax tightrope more
The mutual fund (MF) industry is concerned that the upcoming Union Budget may bring another tax blow Source link
IIFL Finance Q4 results Profit down 6 to Rs 4306 cr on higher provisions
For FY24, its consolidated net profit rose by 23 per cent to Rs 1,974.2 crore from Rs 1,607.5 crore in FY23. Its NII rose by 38 per cent Y-o-Y to…
PwC India expects upswing in small, mid-size M&A transactions
PwC India anticipates an upswing in the India markets, especially in small to mid-size M&A (merger and acquisition) transactions and growth fundings driven by increasing investors’ confidence. The year 2023…
Mcap of 5 of top10 valued firms jumps Rs 85582 cr LIC biggest gainer
Five of the top-10 most valued firms together added Rs 85,582.21 crore in market valuation last week, with Life Insurance Corporation of India (LIC) emerging as the biggest gainer, in-line…
Bharti Airtel prepays Rs 7,904 cr to DoT
To pay out deferred liabilities for spectrum acquired in 2012 and 2015 Source link
RITES to undertake maintenance work for DVC's railway network in West Bengal and Jharkhand
RITES today signed an MoU with Damodar Valley Corporation (DVC), a statutory body under the Ministry of Power, to collaborate for the comprehensive maintenance and operational management of railway sidings,…
Oil India commences ESG initiatives to achieve net zero emission by 2040
The comprehensive ESG strategy initiatives will address various environmental, social, and governance aspects, including emissions reduction, renewable energy initiatives, biodiversity conservation, human rights, employee diversity, and inclusiveness. Through this initiative,…
Karnataka Bank launches KBL WISE Senior Citizen Savings Account
Karnataka Bank at a launch event held in Bengaluru announced the launch of KBL WISE Senior Citizens Savings Bank Account, a unique banking product designed to cater to the Banking,…
Blue Dart Express appoints Chief Commercial Officer
Dipanjan brings nearly two decades of extensive experience in business development and market expansion within the express delivery and logistics industry. In his most recent role as Chief Business Officer…