Search For "asset"
FPIs turn net sellers this week, sold over Rs 12,400 crore in Indian marke
Updated : 1 year, 9 months ago IST
Foreign Portfolio Investors (FPIs) turned net sellers in the Indian stock market by selling equities worth Rs 12,404.73 crore during this week (August 5 to 9).
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PPFAS Mutual Fund Appoints Himanshoo Bohara as the New CFO
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], August 9: PPFAS Asset Management Pvt. Ltd. (Investment Manager to PPFAS Mutual Fund), today announced the appointment of Himanshoo Bohara as Chief Financial Officer (CFO) and Director, w.e.f. 1st August 2024. Bohara brings over two decades of experience in finan
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Exicom to Acquire Industry Leader Tritium; Expands Global Footprint in EV
Updated : 1 year, 9 months ago IST
New Delhi [India], August 8: Exicom Tele-systems Limited (NSE: EXICOM), (along with its subsidiaries together referred to as, "Exicom"), India's largest Electric Vehicle ("EV") charger manufacturer, announced today that its subsidiary Exicom Power Solutions B.V. Netherlands and other step do
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UAE Banks Federation, ICAEW to guide firms in digital currency adoption
Updated : 1 year, 9 months ago IST
The Institute of Chartered Accountants in England and Wales (ICAEW) recently partnered with the UAE Banks Federation (UBF) to help companies navigate the rapidly evolving digital assets landscape.
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Gold shines as demand for safe haven asset strong; Infomerics Ratings anti
Updated : 1 year, 9 months ago IST
The dragged geopolitical crisis in the Middle East has spurred a rush into safe-haven assets such as gold. Historically, gold, as an asset, is considered a haven as it typically manages to retain or appreciate its underlying value in times of turbulence.
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6 Things to Know About Loans Against Mutual Funds
Updated : 1 year, 9 months ago IST
New Delhi [India], August 7: If you have been investing in mutual funds, then you must be familiar that these tools not only help you start your investment journey but also help your hard earned money grow in the long run. Mutual funds can be used as collateral when seeking loans to pursue l
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Real estate leaders applaud capital gains tax amendment as a boost for sec
Updated : 1 year, 9 months ago IST
Real estate industry leaders hailed the proposed amendment by Finance Minister Nirmala Sitharaman in the Finance Bill to give big relief on capital gains tax in property transactions.
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"Over Rs 9.9 lakh cr written off in 5 years, with recovery of just 1.8 lak
Updated : 1 year, 9 months ago IST
In a post on X, Surjewala said, "Modi ji's "tempo service" to select crony friends has no bounds! The loan write-offs to selected cronies is an annual affair of the Modi Government, with little recovery."
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PSU banks' gross non-performing assets showed a declining trend over the l
Updated : 1 year, 9 months ago IST
The gross NPAs (GNPA) of SCBs have shown a declining trend over the past five yeaRs As of March 31, 2020, the GNPA stood at Rs 8,96,082 crore, with a GNPA ratio of 8.21 per cent. By March 31, 2021, this figure had decreased to Rs 8,35,051 crore (GNPA ratio of 7.33 per cent), and further down
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O'Neil Capital Management India Launches ONeil India Quant Fund
Updated : 1 year, 9 months ago IST
Bangalore (Karnataka) [India], August 6: O'Neil Capital Management (OCM India), the Indian asset management setup of the legendary investor William O'Neil, has launched a long-only Category III alternative investment fund (AIF), called the ONeil India Quant Fund.
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CFA Society India Hosts the 9th India Wealth Management Conference in Mumb
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], August 6: CFA Society India successfully concluded the 9th edition of India Wealth Management Conference (IWMC) in Mumbai on August 02, 2024. This flagship wealth management conference attracts leading wealth advisors, investment specialists, and other thought l
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SEBI tightens grip to combat market abuse in mutual fund
Updated : 1 year, 9 months ago IST
The Securities and Exchange Board of India (SEBI), the stock market regulator, has issued a circular aimed for the Asset Management Companies (AMCs).
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