Global Market: GIC to invest $30 billion more in hedge funds, doubles down on AISingapore's sovereign wealth fund GIC plans significant new investments. The fund will allocate an additional thirty billion dollars to hed...
24 Jul, 2026, 11.17 AM IST
Motilal Oswal shares crash 7% even after Q1 net profit rises 10%, AUM increases by 31%Motilal Oswal Financial Services reported a consolidated net profit of Rs 1,273 crore for Q1 FY27. Revenue from operations jumped over 25% ...
24 Jul, 2026, 09.58 AM IST
Sebi plans a wider investment play for portfolio managersThe regulator said the review has been done due the rapid expansion of the PMS industry, where AUM (assets under management) has multiplied...
24 Jul, 2026, 05.44 AM IST
Godrej Capital enters gold loan business with Kanakadurga Finance acquisitionGodrej Capital acquired Kanakadurga Finance's gold loan business to expand its consumer finance segment. This acquisition aims to build a R...
22 Jul, 2026, 07.48 PM IST
Vikas Khemani’s Carnelian Asset Management receives SEBI approval for mutual fund businessCarnelian Asset Management & Advisors, founded by market veteran Vikas Khemani, received SEBI approval to launch its mutual fund business. ...
22 Jul, 2026, 01.15 PM IST
Canara Robeco Asset Management shares rally 13% after Q1FY27 profit jumps 24% YoYCanara Robeco Asset Management shares jumped after the company reported a strong Q1FY27, driven by robust revenue growth, improved profitab...
22 Jul, 2026, 12.42 PM IST
Purple Finance to acquire Saksham Gram Credit for rural expansionPurple Finance plans to acquire Saksham Gram Credit for rural market expansion. The company also secured equity funding of Rs 108 crore for...
22 Jul, 2026, 12.26 PM IST
FincFriends reports Rs 999 crore revenue, 43% AUM growth in FY26According to audited financials, FincFriends Private Limited reported Assets Under Management (AUM) of Rs 875 crore, representing 43% year-...
22 Jul, 2026, 12.11 PM IST
SBI Funds' ESOPs mint fortunes for top executivesSBI Funds Management executives received significant value from employee stock options after the company's listing. Joint CEO Devinder Pal ...
22 Jul, 2026, 06.04 AM IST
SBI Funds makes strong D-St debut, ends 6.3% above IPO priceSBI Funds Management debuted on the stock market at a premium price. The company raised over ₹9,813 crore through its initial public offeri...
22 Jul, 2026, 05.39 AM IST
SBI Funds Management gets 2 fresh buy calls. Why Equirus and Emkay see up to 31% upsideSBI Funds Management received bullish brokerage coverage from Equirus Securities and Emkay Global, with target prices implying up to 31% up...
21 Jul, 2026, 10.17 AM IST
SBI Funds Management shares list at 7% premium over IPO price on NSESBI Funds Management shares debuted on D-Street Tuesday, listing at a premium. The IPO saw robust investor response, subscribed over forty-...
21 Jul, 2026, 09.59 AM IST
BlackRock assets hit record $15 trillion on boost from buoyant markets, ETF inflowsIn a remarkable show of strength, BlackRock announced impressive second-quarter profits that outpaced Wall Street's forecasts. Driven by a ...
15 Jul, 2026, 06.30 PM IST
HDFC AMC Q1 Results: Net profit rises 12% to Rs 837 crore, revenue up 14%HDFC Asset Management Company reported a 12% rise in Q1 FY27 net profit to ₹837 crore, supported by higher revenue and asset growth. Quarte...
15 Jul, 2026, 04.09 PM IST
Global Market: DBS targets over $774 billion in wealth assets by 2030 amid Asia wealth boomDBS Group aims to grow assets under management in its retail and wealth businesses from S$632 billion at the end of 2025 to more than S$1 t...
15 Jul, 2026, 12.10 PM IST
Anand Rathi shares in focus after Q1 net profit jumps 24%, AUM crosses Rs 1 lakh croreAnand Rathi Wealth reported a 24% year-on-year rise in Q1FY27 profit after tax, driven by an 18% increase in revenue as assets under manage...
10 Jul, 2026, 08.43 AM IST
SBI MF confident of IPO despite volatilities; aims to double foreign book in 3 yearsSBI Funds Management is confident its Rs 11,600-crore IPO will succeed despite market volatilities. The asset manager aims to double its in...
09 Jul, 2026, 08.13 PM IST