Motilal Oswal Financial Services today reported a 78 per cent jump in consolidated net profit at Rs 89 crore in the December quarter, led by a robust performance by its home loan business. DNA, 2 months ago
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Posted by Equitymaster Three months ago, Tata group stocks bore the brunt of the Tata-Mistry boardroom battle. The Tata-Mistry spat began on October 24, when the Tata board in a surprise and unexpected move dismissed Mr Cyrus Mistry as the chairman of Tata ...Equitymaster.com, 1 month ago
It was the obvious question to ask someone minting money in spades for others. Did Madhusudan Kela dabble in markets when he was still studying? He appeared to have been expecting the question. “I did not dabble, I was in it full time,” he said. The chief ...The Financial Chronicle, 2 weeks ago
There is scarcely a corporate family in India, which is not at loggerheads. It is far from uncommon to see brothers take on brothers in an all out game of financial one-upmanship and territorial acquisition. Some partings are amicable, some others come ...The Financial Chronicle, 1 month ago
D-Mart’s Rs 40,000 crore market cap on listing day propels its founder ahead of Rahul Bajaj and Anil Ambani. Illustration: Dominic Xavier/Rediff.com. Avenue Supermarts, owner of retail chain D-Mart, made a historic market debut on Tuesday, with its stock gaining 114 per cent over the issue price of Rs 299 to close at Rs 641 -- one of the best listing-day performances. The stellar debut saw the supermarket chain’s market value soar to Rs 39,988 crore, more than the combined market ...Rediff.com, 1 month ago
The recent guidelines from the central bank allowing statutory reserve and other reserves created out of the profit to be reckoned for paying of Additional Tier 1 (AT1) bonds coupon – these are a combination of debt and equity – have provided a breather ...The Financial Chronicle, 2 months ago
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