Ahmedabad (Gujarat) [India], July 30: Prudent Corporate Advisory Services Limited (Prudent), one of India's leading diversified financial services groups, announces that its Assets Under Management (AUM) have surpassed the 1 Lakh Crore mark as of July 26, 2024. Prudent becomes the 2nd non-ba
Accusing the Bharat Rashtra Samithi (BRS) leaders of escorting crores of commission and indulging in a scam of around Rs 8,000 crore in awarding power project works, Telangana Chief Minister Revanth Reddy on Monday said that the BRS leaders are claiming they illuminated the state with abunda
For the first time, the total net profit of the banking sector crossed Rs 3 lakh crore in FY24, with all bank groups achieving a return on assets (ROA) greater than 1 per cent.
Pune (Maharashtra) [India], July 29: Bajaj Finserv Asset Management Ltd. has launched yet another equity product - the Bajaj Finserv Large Cap Fund. The NFO period of this scheme is from July 29 to August 12, 2024. This scheme aims to provide investors a blend of high conviction investing an
The Return on Assets (RoA) improved markedly to 0.82 per cent from 0.34 per cent, while the Return on Equity (RoE) saw a notable rise to 16.82 per cent from 7.50 per cent a year earlier.
New Delhi [India], July 26: India's apex industry body for alternative assets, the Indian Venture and Alternate Capital Association (IVCA), today introduced the new Climate and Sustainability Council for the term 2024-26. The council will be co-chaired by Pratibha Jain, Group General Counsel
Pune (Maharashtra) [India], July 26: Bajaj Finserv Asset Management Ltd will soon be launching the Bajaj Finserv Large Cap Fund. The New Fund Offer period, where investors can subscribe to the scheme for the first time, will begin on July 29th and go on till August 12th.
The revenue growth in the April-June quarter was on account of contributions from the newly operationalized transmission assets and an increase in the units sold in power the distribution business and contributions coming from the smart metering business, said CEO of Adani Energy Solutions,
Ahmedabad (Gujarat) [India], July 25: The Board of Directors of MAS Financial Services Limited (MAS Financial) (BSE: 540749, NSE: MASFIN), specialized in MSME financing, announced today the unaudited financial results for the quarter ended 30th June 2024.
The Special (PMLA) Court, Ranchi vide order dated July 23, 2024, sentenced five accused persons to five years of rigorous imprisonment, imposed a fine of Rs 2.5 Lakh on each accused person and in default of the fine, a further six months simple imprisonment and confiscated the seized propert
The real estate sector has cautioned the government that the proposal to remove indexation benefits for long-term capital gains in real estate will hurt the growth of the sector.
Kotak Mahindra Bank has reported a significant growth in its financial performance for the first quarter of FY25, with the Profit After Tax (PAT) reaching Rs 6,250 crore, an 81 per cent increase from Rs 3,452 crore in Q1FY24.