Shares of about 200 of India’s biggest listed companies are set to move to a faster settlement cycle, making the South Asian nation the second market after China to switch to the so-called T+1 system
Posts in category Business Standard
Bank of Baroda, CG Power may get added to MSCI global standard index (23-01-2023)
Biocon is expected to get excluded from the index
Enam AMC looking to raise $1 billion from its maiden vision portfolio (23-01-2023)
Portfolio manager Enam Asset Management Company (AMC) on Monday launched its maiden vision portfolio with a target to garner USD 1 billion at close.
The maiden offering — Enam India vision portfolio — is targeted at the mass affluent segment of investors with a minimum investment of Rs 50 lakh.
Enam AMC has been in the market for the past two decades and manages assets worth USD 3.48 billion as of December 2022.
It has a team of 15 investment professionals across fund management, research and ESG, its Co-Founder and Chief Investment Officer Jiten Doshi said.
The company is part of the Enam Group established in 1984 and was co-founded by Vallabh Bhanshali, Nemish Shah and Jiten Doshi.
Sensex, Nifty advance on gains in IT, financial shares and global cues (23-01-2023)
Shares of Reliance Industries on Monday ended marginally lower, after the company reported a 15 per cent decline in net profit for the third quarter
Foreign portfolio investor legroom gains for Kotak Mahindra Bank (23-01-2023)
During the quarter ended December 2022, the FPI holding in the private sector lender fell 1 basis points quarter-on-quarter to 39.26 per cent
Manish Gunwani to replace Anoop Bhaskar as CIO-Equities at IDFC MF (23-01-2023)
Gunwani, who left Nippon India MF in November last year, will replace Anoop Bhaskar, who is moving out of IDFC MF
Wall Street rises as chipmakers lead tech shares higher; Nasdaq up 1% (23-01-2023)
Six of the 11 major S&P 500 sector indexes were up in early trading, with a 1.3% rise in tech stocks making them the biggest gainers
Investors pin hopes on a growth-oriented Budget, expect tax sops (23-01-2023)
The Budget this year is likely to continue in the direction the government had set forth in in the last Budget, with reference to development and infrastructure
Maruti Suzuki Q3 preview: Profit may decline up to 8% QoQ on lower volumes (23-01-2023)
Maruti Suzuki Q3: Net profit may come in the range of Rs 1,794.4 crore to Rs 1,940 crore, as per brokerages’ estimates
Maruti Suzuki Q3 preview: Profit may decline up to 8% QoQ on lower volumes (23-01-2023)
Maruti Suzuki Q3: Net profit may come in the range of Rs 1,794.4 crore to Rs 1,940 crore, as per brokerages’ estimates