Core revenue grew just 3.5% year-on-year, equity market share fell to 3.7%, SIP flows declined — but ETF AUM surged 47% The Aditya Birla Sun Life AMC investment thesis has always required patience. The business has the brand, the distribution relationships and the product breadth to be a top-tier AMCContinue Reading
Operating leverage visibly kicking in, financial services scaling, AI accelerating the margin outlook to 15-20% in two to three years There is a moment in the lifecycle of every platform business when the operating leverage that was always theoretically present begins to show up in the actual numbers. For Paytm,Continue Reading
India-Japan Fund adding Rs 200 crore, a Rs 1,300 crore QIP completed, E2W penetration at 10.6% and rising — Ventura revises estimates upward and targets Rs 1,723 in 24 months There are moments in the lifecycle of a young company when the identity of its investors tells you as muchContinue Reading
Kerala’s leading integrated amusement and theme park operator plans to raise Rs 82.43 crore via the BSE SME platform, with expansion into Jamshedpur and Lucknow. Silverstorm Parks & Resorts Ltd., an integrated amusement park, water park, snow park, and hospitality company, opens for subscription on July 24 with the issueContinue Reading
Business banking surging, rural loans accelerating on gold demand, asset quality pristine, margins resilient There are banks that report strong quarters. And then there are banks that report strong quarters while simultaneously telling you something important about the direction of the entire business. ICICI Bank’s Q1FY27 results did both. AdvancesContinue Reading
The global leader in woven Raffia machinery — supplying nearly 100 countries — hits the market with a Rs 1,102 crore pure offer-for-sale Lohia Corp Ltd., one of the leading global manufacturers of machinery and equipment for technical textiles, opens for subscription on July 23 with the issue closing onContinue Reading
India’s largest privately listed road InvIT converts to a public trust with a Rs 5,000 crore offer-for-sale Cube Highways Trust, an infrastructure investment trust sponsored by Cube Highways and Infrastructure V Pte. Ltd., opens for subscription on July 22 with the issue closing on July 24. The trust is transitioningContinue Reading
A West Bengal-based cotton saree manufacturer and wholesaler plans to raise Rs 18.90 crore via the BSE SME platform under the “Mala Saree” brand. Shree Balaji (Mala) Textiles Ltd., a contract manufacturer and wholesaler of cotton sarees operating under the “Mala Saree” brand, opens for subscription on July 22 withContinue Reading
A Gujarat-based closed die forging and precision machined components manufacturer plans to raise Rs 49.96 crore via the NSE SME platform. Metalic Technoforge Ltd., a manufacturer of closed die forged and precision machined components, opens for subscription on July 21 with the issue closing on July 23. The company isContinue Reading
RoA back at 2.1%, NIM holding firm, ECL impact contained for Kotak Mahindra Bank Kotak Mahindra Bank’s Q1FY27 results were, by most measures, a strong quarter — an 8% PAT beat, return on assets crossing 2% again, stable margins and asset quality that held despite seasonal slippage pressure. But theContinue Reading
