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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...- 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. ...
- 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...
- 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...
- 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-...
- 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 ...
- 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...
- Sebi eases rules for mutual fund, SIF distributors with single certification examSebi has launched a unified certification for mutual fund and Specialised Investment Fund distributors, known as the NISM Series V-D certif...
- 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...
- 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-...
- How Korean stocks turned from trusty bellwether to AI frenzyThat volatility, felt on dealing desks from Tokyo to New York, has not only wreaked havoc with portfolios - it has also dramatically distor...
- 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 ...
- 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...
- 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...
- 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...
- 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...
- Anand Rathi Wealth Q1 Results: Profit rises 24% to Rs 116 crore, revenue grows 18%Anand Rathi Wealth reported a 24% rise in Q1FY27 profit to Rs 116 crore and 18% revenue growth to Rs 336 crore. Assets under management cro...
- PayU will grow 25% across payments, credit over the next 18 months, says CEOOne of the early movers in the payments processing business, targeting small business and merchants, PayU has grown into a larger fintech f...
- Healthy credit cycle set to keep NBFCs on growth track in Q1Non-banking finance companies are poised for a strong April-June quarter, with analysts predicting a 20% rise in assets under management. T...
- Hong Kong's AUM hits record $5.4 trillion on 193% rise in inflowsHong Kong has taken numerous steps to attract wealth in recent years, an attempt to rebound after the city lost some of its allure in the w...
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