Aditya Birla Finance’s assets under management (AUM) as of June 30, stood at Rs 85,891 crore, up 49% from the year-ago period. The fund infusion by the Aditya Birla Group company comes just a day after Bajaj Finance said its board will meet on October 5 to consider raising funds through preferential issue of shares or a qualified institutional placement
European shares log weekly gains as oil prices ease, Mideast tensions linger
European markets rallied as declining oil prices broke a three-week slump. Despite lingering investor caution due to geopolitical tensions in the Middle East and rising