Quantum AMC has announced the launch of a new fund offer (NFO) - Quantum Small Cap Fund - an open-ended equity scheme that invests primarily in Small Cap Stocks. The program will go on sale on Monday, October 16, and will end on Friday, October...
In September, two months after reaching a 15-month high, India's retail inflation slowed even further. Its retail inflation, or CPI, fell to a three-month low in September, owing to lower vegetable costs. Furthermore, inflation fell below the...
Nextbillion Technology (Groww), a venture capital-backed brokerage firm, has surpassed Zerodha Broking to become India's largest brokerage in terms of active clients. Groww had 6.63 million active clients at the end of September, roughly...
According to sources, the beleaguered edtech company Byju's has formed a working group of its founders and top investors in order to improve its relationship with its key stakeholders and improve coordination surrounding its ongoing...
Mastercard's Chief Financial Officer (CFO), Sachin Mehra, has praised the unified payments interface (UPI), calling it "impressive on multiple fronts." However, he admitted that it can be a difficult experience for ecosystem players,...
This year, the Indian markets have been on a tear, reaching several highs. The generally favorable market attitude, combined with some improvement in headwinds, has also resulted in a robust comeback in the IT index, which underperformed...
According to the Finance Ministry, net direct tax collection surged by 21.82 percent to over 9.57 lakh crore as of October 9, owing to strong inflows from corporations and individuals. Net receipts have reached 52.5% of the full-year budget...
Today, October 11, Tata Consultancy Services (TCS) reported its July-September quarter results for fiscal 2023-24 (Q2FY24). The IT firm recorded an 8.7 percent increase in overall net profit to 11,342 crore in the September quarter, up from 10,431...
Zuno General Insurance has launched the 'Zuno Driving Quotient,' a one-of-a-kind driving score accessible via the Zuno app and built with a deep grasp of today's mobile-savvy customer in mind. The Zuno app will use mobile sensor-based...
To see if there was a violation of share ownership laws, India's market regulator is looking into the relationship between the Adani Group and a fund formed in the British Virgin Islands According to the sources, the fund is dubbed Gulf Asia...
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