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PNN Mumbai (Maharashtra) [India], October 31: Vijya Fintech, the parent company of flagship platform MIDASX, has announced the successful closure of its INR 12Cr Seed Round, marking a major milestone in its mission to build India's First Open Architecture, AI Driven B2B2C Multi-Asset Marketplace. The latest round brings the company's total funding to ₹27Crs, from Family Offices and UHNIs Leadership and Vision: Speaking about this achievement, Mr. Aakash Bansal, Co-Founder & CEO of MIDASX, said ...Read More >
The initial public offering (IPO) of Anand Rathi Share & Stock Brokers Ltd., which opened for subscription on Tuesday, September 23, concluded its subscription process on September 25. The IPO was booked 20.66 times on Thursday. Investors bid for 27,60,82,128 shares against the 1,33,63,342 on offer. Amid the buzz, the unlisted shares have been trading at a premium in the grey market (GMP), suggesting potential listing gains for investors. As the allotment status for Anand Rathi Share IPO gets ...Read More >
Mumbai, Sep 13 (SocialNews.XYZ) The Securities and Exchange Board of India (SEBI) has approved several regulatory changes simplifying IPO norms and foreign portfolio investing rules, as well as making entry norms for advisory certifications easier. The key takeaways from the SEBI's move are that large companies above Rs 50,000 crore market cap will now have more flexible listing norms, permitting them to have smaller float sizes- Rs 1,000 crore plus at least 8 per cent of the post-issue market ...Read More >
Mumbai, August 4, 2025: As of June 2025, as per industry data the Indian mutual fund (MF) industry stands at an AUM of ₹74.40 lakh crore, marking more than a sevenfold growth over the past decade. Equity commands the largest share at 59.94%, followed by debt at 26.53%, hybrid at 8.28%, and other categories accounting for 5.26%. A key development in the industry has been the steady rise of passive investing, which now accounts for approximately 17% of total AUM. While active funds continue to do ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. SharpLink bought the dip and added another $100M-worth of $ETH to its Ethereum treasury. Arkham pointed out that the address that moved the $ETH already bought another $800M previously for SharpLink Gaming, with the latest transaction of $108.6M going to Galaxy Digital OTC. Data from Strategic ETH Reserve places SharpLink Gaming second on the list of companies with the largest $ ...Read More >
New Delhi, Jul 17 (PTI) HDFC Asset Management Company (AMC) on Thursday reported a 24 per cent jump in profit after tax at Rs 748 crore in the three months ended June 2025. In comparison, the asset management firm had posted a Profit After Tax (PAT) of Rs 604 crore in the same quarter preceding fiscal. The company's revenue from operations increased 25 per cent to Rs 968 crore in the first quarter ended June 30, 2025, from Rs 775.2 crore in the same quarter preceding fiscal year, HDFC AMC said ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Registration is now open for one of the most exhilarating crypto trading tournaments Victoria, Seychelles, July 10, 2025 -- Bitget, the world's leading crypto exchange and Web3 company, has officially opened registration for KCGI 2025, the most anticipated trading competition of the year, featuring a massive 6 million USDT prize pool, brand-new segments, and early-bird rewards th ...Read More >
BusinessWire India Mumbai (Maharashtra) [India], July 8: CFA Institute, the global association of investment professionals, released new insights from a survey of over 9,000 university students and recent graduates across India and 10 other global markets on their career confidence, sector preferences, and the growing role of professional certifications in shaping future-ready finance careers. The survey explores evolving attitudes toward career choices, education pathways, and employer expecta ...Read More >
NewsVoir Pune (Maharashtra) [India], July 7: The Bajaj Finserv Small Cap Fund is an open ended equity scheme predominantly investing in small cap stocks. It is an equity fund that invests in companies in their early stage of business growth. These companies rank 251st and beyond on the share market in terms of market capitalisation as per SEBI guidelines and they often operate in niche market sectors. As the Bajaj Finserv Small Cap Fund NFO nears its end, this can be a potentially suitable oppo ...Read More >
New Delhi, Jul 5 (PTI) Test preparatory firm Aakash Educational Services has sent a legal notice to consultancy firm EY, its partners and officials, accusing them of advising rivals in conflict of interest and professional misconduct, the company said on Saturday. Aakash Educational Services Ltd (AESL) has alleged that EY was deeply involved in its financial operations since 2021, including advising on the proposed merger with Think & Learn Private Ltd, which owns the Byju's brand. The test pr ...Read More >
New Delhi, Jul 5 (PTI) Test preparatory firm Aakash Educational Services has sent a legal notice to consultancy firm EY, its partners and officials, accusing them of advising rivals in conflict of interest and professional misconduct, the company said on Saturday. Aakash Educational Services Ltd (AESL) has alleged that EY was deeply involved in its financial operations since 2021, including advising on the proposed merger with Think & Learn Private Ltd, which owns the Byju's brand. Also Read | ...Read More >
Pune (Maharashtra) [India], July 3: Small Cap Funds are known for their potential to generate higher returns in the long run, but they are often sensitive to market volatility. These market movements are often a result of different factors like limited liquidity, changes in market sentiment or others. In this scenario, selecting the suitable small cap company becomes essential to help mitigate the market swings. However, even a quality portfolio can not be immune to short-term market movements. ...Read More >
NewsVoir New Delhi [India], July 1: PNB MetLife India Insurance Company Limited (PNB MetLife), one of India's leading life insurance companies has been recognized by Great Place to Work among India's Best Companies to Work For 2025, securing the No. 1 position in the insurance sector. The company has moved up to the 6th position in this year's prestigious Top 100 list- a significant rise from its 9th place ranking in 2024. This marks second consecutive year PNB MetLife features in the list, hig ...Read More >
BENGALURU - Altimetrik, a pure-play AI, Data and Digital engineering solutions company, today announced the signing of a definitive agreement to acquire SLK Software ("SLK"), a global technology services firm focused on delivering AI, intelligence automation and analytics solutions. The acquisition will further strengthen Altimetrik's end-to-end enablement services and expand its customer reach, with a clear path to accelerate towards Altimetrik's goal of reaching $1billion in annual revenue. Th ...Read More >
Mumbai: The Enforcement Directorate (ED) has submitted a chargesheet against CA and financial consultant Amber Dalal and associates for alleged investor fraud through Ritz Consultancy Services. The court acknowledged the chargesheet in the last week. The probe stems from an FIR filed by Oshiwara police last March, accusing Dalal of swindling Rs 564 crore from 2,000 investors through a ponzi arrangement via Ritz Consultancy Services. Dalal collected funds by offering monthly returns of 1.5% to 1 ...Read More >
VMPL Mumbai (Maharashtra) [India], December 4: Turtlemint, a leading InsurTech platform, has experienced exponential growth driven by a surge in its motor insurance business during the festive season of FY'25. The company has issued over 4 lakh motor insurance policies through its extensive network of insurance advisors, marking an almost 200% increase in sales compared to the same period last year. According to Turtlemint's data for FY25, the period starting from August to October has resulte ...Read More >
Artificial Intelligence (AI) is revolutionising banking by doing more than just improving operations. Generative AI is leading this change, offering innovative tools that enhance customer engagement and support smarter decision-making. A KPMG report from April highlights that 71% of financial organisations globally are using AI, with 41% applying it extensively. Advanced economies like the US, Germany, and Japan are leading in AI adoption, while emerging markets show mixed progress. China and In ...Read More >
Intensifying its crackdown on influencers, markets regulator Sebi on Monday restrained seven entities, including Mohd Nasiruddin Ansari, who ran unauthorised investment advisory services in the name of 'Baap of Chart', for up to one year. The regulator also directed the entities -- Nasiruddin Ansari, Rahul Rao Padamati, Tabraiz Abdullah, Asif Iqbal Wani, Golden Syndicate Ventures Pvt Ltd (GSVPL), Mansha Abdullah and Jadav Vamshi -- to refund Rs 17.2 crore within three months. Ansari runs a pr ...Read More >
Managing your personal finances effectively is key to achieving financial stability and growth. In Africa, with its unique and diverse economic landscape, it's even more important to have a good grasp of personal finance skills. This article provides practical tips on navigating finances in Africa, focusing on saving, investing, budgeting, and understanding local financial systems. The first step to adulting like a pro is making a budget - and sticking to it! Track your income and expenses over ...Read More >
Imagine a fixed-income investment advisor who tried out crypto assets and then got converted. That's what happened with New Delhi-based Shiv Pande, who worked closely with pension and provident funds and became curious about the stupendous rise of crypto assets in 2021. He spent a year researching it and invested in it for the first time in July 2022. "I started my research purely from the knowledge perspective so that I don't appear clueless when my clients talk to me about it. I felt I should ...Read More >
CHICAGO--(BUSINESS WIRE)--JBT Corporation (NYSE: JBT), a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced receipt of all remaining regulatory clearances required to complete its proposal to acquire all issued and outstanding shares of Marel hf. ( ICL (TASE:ICL): Marel). On November 26, 2024, the European Commission (E.C.) adopted a clearance decision at the end of its Phase 1 review period. Additionally, on November 22, 2024, ...Read More >
To print this article, all you need is to be registered or login on Mondaq.com. A UCITS management company must be appointed in respect of all Irish UCITS. All management companies must at all times maintain a minimum capital requirement of €125,000 or one quarter of its preceding year's fixed overheads, whichever is the greater. However, additional capital requirements apply to a UCITS management company which manages assets in excess of €250 million where the management company must main ...Read More >
Agreement in Principle Reached with Stalking Horse for Core Centers' Assets Sale Transactions to be Implemented Through an Expedited Prearranged Chapter 11 Plan Supported by 100% of CareMax's Secured Lenders CareMax Secures $30.5 Million in Debtor in Possession Financing to Support Operations and Continuing Provision of Healthcare Services (NASDAQ:HCSG) Throughout Restructuring Process MIAMI--(BUSINESS WIRE)--CareMax, Inc. (NASDAQ: CMAX; CMAXW) (CareMax or the Company), a leading techno ...Read More >
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