FPIs' equity holdings currently account for 16.4 per cent of India's total market capitalisation, down from 20.1 per cent in December 2020
FPIs sold shares worth nearly Rs 8,300 crore, extending their month-to-date selling to almost Rs 40,000 crore
Low costs, higher margins may drive sequential pickup in profit growth
Titan beat growth expectations across most segments and this led to likely earnings upgrades for FY25 to the tune of 4-5%
The fund will invest only in companies listed in India for now but has the mandate to invest in overseas stocks
In its draft papers, the company had proposed to raise Rs 500 crore through a fresh issuance of equity shares and an offer for sale (OFS) of shares valued at Rs 400 crore by promoters
Average AUM in Q2FY25 rises 12.3% sequentially to Rs 66.2 trillion
Social enterprises were required to make annual disclosures and submit 'annual impact report' to the Social Stock Exchange (SSE) by October 31, 2024
In its ruling on October 1, the appellate tribunal said, "direction at paragraphs No. 41(1) and (2) shall remain stayed, subject to deposit of penalty amount by the appellant within four weeks"
The potential escalation of the conflict has countered mounting demand-side pressures, said Priyanka Sachdeva, analyst at Phillip Nova