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WEALTH MANAGEMENT REVENUE
Groww Q1 profit nearly doubles to Rs 735 crore; MTF, commodities gain shareGroww said equity derivatives accounted for 52% of total income, down from 54.8% in the March quarter and 56.4% a year earlier. The contrib...- Morgan Stanley beats profit estimates on dealmaking boost, strong tradingMorgan Stanley has showcased an impressive performance for the second quarter, surpassing Wall Street's earnings expectations. The surge in...
- Groww adds 115,000 active clients while broking industry loses 257,000 in June quarterBillionbrains Garage Ventures, Groww’s listed parent, reported a 94% year-on-year increase in net profit to Rs 735 crore for the April-June...
- Mutual funds cut cash allocation by over Rs 4,500 crore in June to 19-month lowMutual funds cut cash holdings by over Rs 4,563 crore to Rs 1.83 lakh crore in June, marking a 19-month low, as fund houses increased equit...
- Earnings Boost: Why Goldman Sachs shares jumped to record highsGoldman Sachs shares climbed to a record high after the investment bank posted stronger-than-expected second-quarter earnings, driven by re...
- US Stock Market: Citigroup shares slide after upbeat results fail to ease worries over higher costsCitigroup reported strong second-quarter earnings, driven by trading and investment banking revenues. The bank's net income jumped 45%, sur...
- ETMarkets Smart Talk | Tier III India is creating the next wave of millionaires: Centrum Wealth CEO Sandeep DasWealth creation is expanding beyond metros into smaller cities. Family offices are growing significantly, managing wealth more formally. Cr...
- Goldman Sachs profit tops estimates on trading boom, corporate deal spreeGoldman Sachs has reported robust profits for the second quarter, surpassing analysts' predictions. The firm's equities revenue soared to u...
- DeepSeek’s Liang Wenfeng tops Dario Amodei and Greg Brockman as richest AI founderLiang is now worth $36 billion, up from about $16.7 billion previously, according to the Bloomberg Billionaires Index. That ranks him well ...
- US Stock Market: Trump increased holdings in stocks and bonds despite crypto pushPresident Trump significantly boosted traditional asset holdings in 2025. His family aggressively promoted cryptocurrency ventures, which g...
- GE Vernova, Atlanta Electricals among top beneficiaries of India's transmission expansionIndia's power transmission sector anticipates growth, with new policies supporting domestic manufacturing. Chinese firms can participate, b...
- Up in the air! Can SBI Funds Management IPO investors look past OFS to expect strong listing day gains?SBI Funds Management's large IPO presents a valuation opportunity for investors. The offer for sale structure may temper immediate listing ...
- Reliance Industries, Jio Financial announce Q1 earnings dates. Check detailsReliance Industries and Jio Financial Services will report their June-quarter earnings next week. Reliance Industries' board meets Friday, ...
- Why TCS employee addition just hit 4-year high amid AI job loss fearsTCS added 9,279 employees in Q1FY27, marking its strongest quarterly hiring in four years amid growing concerns over AI-led job cuts. The I...
- 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...
- Stocks in news: TCS, Groww, Shriram Finance, Dixon Tech, Anand Rathi WealthIndian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% year-on-year profit growth, and Gro...
- 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...
- Sensex jumps 238 points, Nifty closes near 24,000. 5 key factors behind today's D-Street reboundIndian equities recovered on Thursday, paring some losses from Wednesday's significant decline. The Sensex and Nifty indices showed broad-b...
- TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buyingIndia's largest mutual fund scheme is buying more shares of TCS and Infosys. This buying occurs even as these IT stocks experience signific...
- Cost pressure to keep Q1 profit growth muted for Nifty 50 companiesNifty 50 companies anticipate double-digit revenue growth for the June 2026 quarter. Profit growth is projected to remain in single digits ...
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