Kotak Rural Opportunities Fund, a new thematic offering from Kotak Mutual Fund, aims to leverage India’s accelerating rural transformation by investing in businesses that benefit from rising rural incomes and consumption. Fund manager Arjun Khanna says the rural economy is entering a multi-year growth phase, supported by structural and cyclical tailwinds in key sectors. Edited […]
Apollo Tires on Thursday reported a 13 percent year-on-year decline in consolidated profit after tax to Rs 258 crore in the September quarter, hit by a provision of Rs 176 crore for restructuring of the Netherlands-based plant.The tire maker reported a profit after tax (PAT) of Rs 297 crore in the July-September quarter of the […]