HDFC AMC Q2 profit grows 20%, revenue up 18%
Sequentially, the net profit dropped 8% to ₹436.5 crore, while the revenue was up 12% at ₹643.1 crore in Q2 FY24.
asset management company
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SEBI rejigs debt MF rules
The capital markets’ regulator frames risk management norms for debt mutual funds, which would control debt funds' portfolio and duration risks, and protect gullible investors.
Watch: Radhika Gupta on the need for gender diversity
In a chat with Fortune India, Radhika Gupta, MD and CEO of Edelweiss Asset Management, talks about how the fallout of the the Covid-19 pandemic can be used in a positive manner, among other things.
Aavishkaar Group eyes $7-billion AUM by 2025
Vineet Rai, founder and chairman, Aavishkaar Group, on the company’s strategy to grow its AUM from $1 billion to $7 billion by 2025.
Will an ARC solve PSU banks’ NPA problem?
The magnitude of stressed assets piled up with PSBs raises questions on the rationale and funding of such an ARC/AMC.
BlackRock to re-enter India soon: Experts
With huge scope for growth in mutual fund market in India, analysts and experts say BlackRock is likely to re-enter the country in a big way.
