Latest Updates Around The World
JM Financial has undergone a major restructuring in the past year, with asset management and private markets likely to emerge as growth drivers. Vice Chairman and Managing Director Vishal Kampani tells Rozebud Gonsalves and Sangita Mehta that private markets could surpass capital markets in terms of profitability in the next two to three years. He […]
The consolidated net profit in June quarter at Piramal Enterprises rose by 52% to RS 276 Crore, powered by lower credit costs and improved margins. “The strong (consolidated) profit growth this year is mainly driven by our retail activities, which registered a growth of 37% in AUM, the credit costs fell while the margins improved,” […]
