Latest Updates Around The World
Jairam Sridharan, MD and CEO, Picamal Finance Piramal Finance, which plans to grow its assets under management (AUM) to over ₹1.5 lakh crore in FY28 from ₹96,690 crore in Q3FY26, will rely on product maturity, channel expansion and better productivity to drive growth, MD and CEO Jairam Sridharan said in an interactive conversation with the […]
ICICI Prudential AMC has raised Rs 3,022 crore from 148 investors across sovereign wealth funds, global asset managers, domestic insurers, pension funds, mutual funds and family offices ahead of its Rs 10,600-crore IPO.The participation pattern indicates broad institutional conviction ahead of the public issue, which runs from December 12 to 16 at a price range […]
ICICI Prudential AMC will launch its IPO on December 12, marking one of the largest IPOs in the financial sector this year. The issue will remain open until December 16, with anchor investors participating a day earlier on December 11.This is a pure sale offer from Prudential Corporation Holdings, which means ICICI Prudential AMC itself […]
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 […]
Bajaj Finance yielded strong operational performance in the second quarter of FY26, with a 24% on an annual basis (JoJ) jumped in assets under management (AUM) to approximately RS 4.62.250 Crore, an increase in RS 3.73,924 crore from 30 September 2024. The company’s deposit book expanded by 5.4% to approximately RS 69,750 Crore, compared to […]
Self -standing basis, the NBFC saw assets in management (AUM) grow by 17 percent to RS. £ 53,278 crores. Payment growth, however, was a TAD -superior to 6 percent in Q1FY26 to RS. £ 7,310 Crores Non-banking finance company Sundaram Finance On Monday, the consolidated net profit of £ 475 crore for quarter ending June […]
