11 June 2024

India may cut interest rates ahead of the US, driven by domestic economic indicators and global monetary trends. Source and Citation: Based on insights from ET Bureau and analysis by ICICI Securities Primary Dealership, as reported on June 11, 2024. TLDR For This Article: Amid strong US employment data and global rate cuts, India might […]

SBI Mutual Fund reaches a historic ₹10 lakh crore in assets, reflecting robust growth and investor confidence. Source and Citation: This analysis is informed by a report from ET Bureau, dated June 11, 2024. TLDR For This Article: SBI Mutual Fund has set a record by becoming the first mutual fund house in India to

SEBI announces no freezing of demat and mutual fund accounts for lack of nomination, impacting investor compliance and confidence. Source and Citation: Based on the latest updates from ET Bureau, reported on June 11, 2024. TLDR For This Article: SEBI has decided not to freeze demat and mutual fund accounts for existing investors who haven’t

Explore the Bhatia family’s decision to sell a 2% stake in IndiGo and its strategic implications for their business ventures. Source and Citation: Analysis based on a report by Ashutosh R Shyam, ET Bureau, dated June 11, 2024. TLDR For This Article: The Bhatia family plans to sell a 2% stake in IndiGo for approximately

Analyzing the record-breaking ₹48k crore investment by local mutual funds in Indian equities during May 2024. Source and Citation: Based on insights reported by Ashutosh Shyam, ET Bureau, as of June 11, 2024. TLDR For This Article: In May 2024, before election results were announced, local mutual funds invested a staggering ₹48,099 crore in equities,

Discover why mutual fund investors are confidently pouring funds into equities, setting new records in May. Source and Citation: This analysis is informed by a report from ET Bureau, dated June 11, 2024. TLDR For This Article: In May, mutual fund investors heavily invested in equities, drawing a record ₹34,697 crore, driven by new fund

Unpacking Blackstone’s significant stake sale in Mphasis and its implications on the stock market and investors. Source and Citation: Analysis based on a report from PTI, updated on June 11, 2024. TLDR For This Article: Blackstone has sold a 15.08% stake in IT company Mphasis through a transaction on the National Stock Exchange, reducing its

Understand Jaiprakash Associates’ insolvency challenges and its potential effects on investors and related industries. Source and Citation: This analysis draws upon details reported by Suryash Kumar. TLDR For This Article: Jaiprakash Associates Ltd is facing insolvency proceedings, with its suspended directors appealing the decision amidst ongoing financial restructuring efforts. Analysis of this news for a

Suzlon Energy asserts no financial irregularities following a director’s resignation, spotlighting its compliance and transparency. Source and Citation: Based on a report from ET Bureau, dated June 11, 2024. TLDR For This Article: Suzlon Energy has affirmed there are no financial irregularities or compliance violations after the resignation of an independent director raised concerns about

Explore the factors affecting modest revenue growth in India’s telecom sector and its implications for investors. Source and Citation: Analysis based on information from Kalyan Parbat at ET Bureau, as of June 11, 2024. TLDR For This Article: Despite higher data usage and international roaming demand, India’s telecom sector anticipates only modest revenue growth in