Data from the Association of Mutual Funds in India (Amfi) pegs the index fund retail accounts or folios at 7.2 million in March 2024
Posts in category Business Standard
Rs 1.9 trillion share sales via IPOs over six years in LTCG tax crosshairs (26-07-2024)
Due to ambiguity over the applicability of LTCG-which was reintroduced in 2018-several promoters and private equity (PE) firms have refrained from tax payments
Vedanta shares gain 3.8% on S&P Global Ratings upgrade of UK parent (26-07-2024)
Shares of the Mumbai-listed Vedanta closed at Rs 447, up Rs 16.4, or 3.8 per cent over the previous day’s close
Nikkei Edges Down 0.5% (26-07-2024)
The Nikkei 225 Index ended down 0.5 percent at 37,667.41, failing to sustain earlier gains. The broader Topix Index settled 0.4 percent lower at 2,699.54. Hino Motors surged 12.8 percent and Canon added 6.7 percent after reporting strong earnings.
Shanghai Composite Index Recovers To End 0.1% Higher (26-07-2024)
Markets have raised their expectations for three rate cuts by the end of the year, with some economists expecting the Fed’s first rate cut to be extra-large.
Cholamandalam Investment & Finance Company appoints Ravindra Kumar Kundu as MD (26-07-2024)
With effect from 07 October 2024
Shri Kalyan Holdings reports standalone net loss of Rs 0.11 crore in the June 2024 quarter (26-07-2024)
Sales decline 25.00% to Rs 0.18 crore
Shree Digvijay Cement Co. consolidated net profit declines 34.67% in the June 2024 quarter (26-07-2024)
Sales decline 8.35% to Rs 176.83 crore
SagarSoft (India) consolidated net profit rises 454.05% in the June 2024 quarter (26-07-2024)
Sales rise 19.29% to Rs 38.71 crore
Apollo Funds to buy IGT’s gaming, digital business, Everi in $6.3 bn deal (26-07-2024)
The deal, subject to regulatory approvals and approval by Everi stockholders, is expected to be completed by the end of the third quarter of 2025