Finance
Birla Corporation reported a 15% year-on-year increase in net profit for the March-ended quarter. Revenue rose modestly while the company announced a dividend payout.
Reported by AI
Seven mutual fund NFOs and three SIFs are currently available for investors to subscribe. The offerings include a mix of ETFs, index funds and one contra fund along with specialized long-short strategies.
Fourteen stocks from the BSE 500 index advanced in each of the five trading sessions ending May 8, delivering cumulative returns of up to 25 percent. The Sensex rose 0.54 percent or 415 points to close at 77,328 during the period.
Reported by AI
Lime, the electric scooter and bicycle rental company, has filed for an initial public offering. The filing with the Securities and Exchange Commission occurred on Friday.
Kenyan shilling holds firm as U.S. dollar slides for second week
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