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In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digi
Zomato raises Rs 4,196 cr by allotting 55 22 crore shares to anchor investors
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Inox Leisure raises approx Rs 300 cr through QIP
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With up to 4,000% profit growth in Q4, 6 stocks emerge compelling buys
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Notwithstanding the bleak outlook for June quarter, analysts see medium-term potential in some of these names.
Companies with a year-on-year profit growth (after extraordinary items) in excess of 500 per cent and quarterly profit of at least Rs 100 crore were only considered for this study.
Nippon Life India reported Rs 166.51 crore profit for the March quarter, 3,931 per cent, or 40 times, higher than Rs 4.13 crore reported for the year-ago period. Philips Capital said the AMC was marred by erstwhile group-level issues and under-performance in the last two years, but the pace of decline in market share has got arrested and the number of unique investors has increased in the last one year.
ICICI Mutual Fund seeks investors consent to roll over three FMPs
May 20, 2021
Investors to get indexation and long-term capital gain benefits, says the fund house
ICICI Mutual Fund has sought investors approval to roll over three of its fixed maturity plans ICICI Prudential Fixed Maturity Plan-Series 82-1,185 Days Plan M, Series 82-1,175 Days-Plan Q and Series 82-1,215 Days Plan H. Units of these three schemes were allotted in early 2018 and they are set to mature between May 27 and 31.
The notice to investors proposes to extend the maturity date to June 30, 2023.
Most of the mutual funds have been seeking roll-over of FMPs to get the benefit of extended long term capital gain and indexation benefits on their current investments.