Latest Updates Around The World
India’s alternative investment ecosystem has entered a new phase of scale, with Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs) collectively crossing Rs 23.43 lakh crore in assets by September 2025. New data compiled by PMS Bazaar shows that the sector has grown at a remarkable CAGR of 31.24% over the past decade, driven […]
JM Financial on Thursday reported a 16 per cent rise in consolidated profit to Rs 270 crore for the three months ended September 30, 2025. The company had posted a profit after tax (PAT) of Rs 232 crore in the year-ago period. However, total revenues fell to Rs 1,044 crore in the July-September quarter of […]
Motilal Oswal Financial Services Ltd (MOFSL) reported a 68% year-on-year (year-on-year) decline in consolidated net profit at Rs 362 crore. However, the company’s operating profit rose to Rs 554 crore, while half-year profit for FY26 stood at Rs 1,088 crore, up 11% year-on-year. Revenue from operations fell 35% year-on-year to Rs 1,849 crore. Healthy asset […]
Jefferies Financial Group will be confronted with fierce competition from established fund houses, supported by large lenders, including HDFC Bank LTD, ICICI Bank LTD and State Bank of India, whose distribution networks overstrain the entire country. | Photocredit: Eduardo Munoz Jefferies Financial Group Inc is preparing to enter the Indian $ 900 billion assets management […]
Edelweiss Mutual Fund has secured a strategic partner in Westbridge Capital, which invests RS 450 Crore for an interest of 15% in its asset management arm, which values ​​the entity about RS 3,000 crore, in a deal that is intended to accelerate the next phase of the growth house. The parent of the Asset Management […]
