Product Portfolio

Multi-asset funds: Invest for diversified portfolio, tax-smart rebalancing

Multi-asset allocation funds offer diversification across equities, debt and commodities with tax-efficient rebalancing, but they can lag pure equity funds during strong bull markets, experts say

Roseate Hotels looking to diversify portfolio with managed properties: CEO

Roseate Hotels and Resorts -- which owns luxury properties in India and the UK -- is eyeing new markets including Dubai, Italy, France and Switzerland and looking at diversifying its portfolio with a mix of owned as well as managed properties, the company's CEO Kush Kapoor said. In an interview to PTI, Kapoor emphasised upon the need to market India better, streamline visa processes and improve the working conditions for hospitality sector employees in terms of rationalising their working hours and better wages, as key to attracting more foreign tourists to India and having a better talent pool for the hotel industry. The Roseate Hotels and Resorts CEO also sought rationalisation of GST rates for the hospitality sector and lowering the number of licences required for hotels to reduce the compliance burden. "Yes the focus is very heavily on India. We definitely want to be in the upscale market and would like to grow in tier 2 and tier 3 cities also. For us the most important thing is

ITC presses the pedal on acquisitions to build a future-ready portfolio

The year has gotten off to a hectic start for ITC, but the momentum has been building with a series of investments, big and small, over the past five years

Minimalist acquisition an example of making portfolio future fit: HUL CEO

The Rs 2,715-crore acquisition of premium beauty brand Minimalist from a company founded four years ago is "a great example of making" Hindustan Unilever Ltd's portfolio future fit and it shows the startup ecosystem in India definitely has a strong future ahead, according to its CEO and Managing Director Rohit Jawa. Hindustan Unilever Ltd on Wednesday announced that it has signed and executed share purchase and subscription agreement for acquisition of 90.5 per cent of shareholding of Uprising Science Pvt Ltd -- the firm behind Minimalist -- comprising secondary buyout for a cash consideration of Rs 2,670 crore at a pre-money enterprise valuation of Rs 2,955 crore. The company will also make a primary infusion of Rs 45 crore with an eventual acquisition of the remaining 9.5 per cent of Uprising's shareholding, HUL said in a regulatory filing. Addressing an earnings call, Jawa said despite the slowdown in FMCG market, which is transitory in nature, the company is preparing for future

OPG Mobility to raise Rs 400 crore, gets into product portfolio expansion

Electric vehicle maker OPG Mobility, formerly Okaya EV, is seeking to raise around Rs 400 crore within the next 18-24 months to fuel its growth plans as it embarks on product portfolio and network expansion drive, according to its Managing Director Anshul Gupta. The company, which underwent a rebranding exercise recently, will house its two-wheeler division under the 'Ferrato' brand and plans to launch two new electric scooters and one electric motorcycle with two variants this year, Gupta told PTI. Besides, the three-wheeler division under 'OTTOPG' will see foray into electric passenger segment this year and the company is working to enhance its sales and service network expansion across India as it prepares to rope in investors to prepare for the long term, he added. "The idea will be to get a private equity, either strategic investor or non strategic investor, either of the two, and then build from there, and eventually, succeed in the long race," Gupta said when asked if OPG ..

Foods, premium personal care to contribute 25% revenue by FY27: Marico

FMCG major Marico, which is diversifying its portfolio, expects one-fourth of the domestic revenue to come from foods and premium personal care segments in the next two years by 2026-27, according to its annual report. Besides, Marico expects a "gradual uptick" in the growth of its core categories, helped by improving macro-indicators and the forecast of a normal monsoon. It expects "domestic revenue growth to outpace volume growth from Q1FY25, in light of the upward bias in prices of some of the key commodities". Marico's consolidated revenue growth has moved into "positive territory in Q4 and is expected to trend upwards during the course of FY25", said the company which owns brands such as Sffola, Parachute, Hair & Care, Nihar and Livon etc. For the financial year ended on March 31, 2024, Marico's consolidated turnover was at Rs 9,653 crore, down 1 per cent. Its domestic revenue was Rs 7,132 crore, 3 per cent lower than the last year. As per the strategy, the Mariwala ...

Sales momentum, portfolio reinforces outlook for Macrotech, Oberoi Realty

The near term trigger is a 22 per cent rise in housing units registered in Mumbai for May to 12,000 units, the highest for the month in the last twelve years

Amid market volatility, it may be time to prune small and midcap exposure

Investors who can't set up and rebalance a diversified portfolio could consider hybrid funds

ASK Capital gets Central Bank of Ireland nod to launch India-based fund

UCITS is a regulatory framework of the European Commission for management and sale of mutual funds

Thrust on non-par products to yield desired results: LIC chief M R Kumar

We intend to sharpen the focus on bancassurance to steadily and considerably increase its volume, thereby its share in our business, said Kumar

Sembcorp Industries sells India unit to Tanweer Infra $1.47 billion

By 2025, Sembcorp aims to quadruple its gross installed renewable energy capacity to 10 Gw

HDFC AMC to broad-base its equity portfolio over next few quarters

Despite being one of the top players in the industry, HDFC AMC has witnessed a drop in market share in the past year

Funskool resets the playground, targets millennial parents with new brands

The MRF-owned toy company is targeting millennial parents with new international brands and a fresh retail and marketing thrust

TCS, HCL Tech's product play likely to eat into services revenue

Their plan to build a product portfolio will discourage global software vendors from building a strategic relationship with these big Indian IT firms