Today, Indian mutual funds have become a formidable force in equity markets. It is not just about the ₹43.20 trillion of AUM that the mutual funds are having under their belt. This is the total AUM, but even assuming that equity AUM is around 50,

In its meeting held on 05th May 2023, the board of directors of Piramal Enterprises Ltd (PEL) has approved an Interim Dividend pay-out of ₹31/- per equity share of face value of ₹2/- each. For the purpose of interim dividend eligibility, the reco

It was long coming and the order finally came on June 12, 2023. The Securities and Exchange Board of India (SEBI), issued an interim order barring the two promoters of Essel group viz. Subhash Chandra and Punit Goenka from holding any key managerial

On June 12, 2023, the MOSPI announced the all important CPI inflation data and the index of industrial production (IIP) data. While IIP captures the growth in industrial output, the CPI inflation captures the change in consumer prices. Obviously, the

In its meeting held on 08th May 2023, the board of directors of Canara Bank Ltd has approved an Interim Dividend pay-out of ₹12/- per equity share of face value of ₹10/- each. For the purpose of interim dividend eligibility, the record date has b

Vilin Bio Med Ltd, is an SME IPO on the NSE which is opening for subscription on 16th June 2023. The company, Vilin Bio Med Ltd, was incorporated in the year 2005, so it has a pedigree of nearly 2 decades. The company is engaged in the domestic pharm

Sahana Systems IPO had a strong listing on 12th June 2023, listing at a premium of 20.74 on the NSE SME-IPO segment, but subsequently gaining still further to decisively close above the IPO price and also the listing price. In a sense, the markets w

In its Board Meeting held on 27th May 2023, the board of directors of Power Finance Corporation (PFC) Ltd has approved an Interim Dividend pay-out of ₹4.50/- per equity share of face value of ₹10/- each. For the purpose of interim dividend eligib

Cell Point (India) Ltd is one of the largest retail outlets for mobile phones and other electronic accessories in South India. The company was incorporated in 2001, and offers a physical and virtual platform for multi-brand retail selling of Smart Ph

HMA Agro Industries Ltd was incorporated in the year 2008 as a star export house to deal in food trade. It is a food trade company that basically handles a variety of agricultural product exports including the predominant exports of frozen fresh de-g

Infollion Research Services Ltd had a bumper listing on 08th June 2023, listing at a sharp premium of 154.88, but subsequently gave up some of the bumper gains towards the close of trade as the markets also wobbled in the second half of the trading

IKIO Lighting IPO worth ₹607 crore consists of a fresh issue of ₹350 crore and an offer for sale ₹257 crore by the existing shareholders, which includes the promoters and the early investors in the company. The IPO closes on Thursday