Emami expects profitable growth not only from the Man Company and Brillare but also from other brands. These investments demonstrate a clear path to profitability for the company. The rural has still not started that kicking off and Emami expects rural growth to initiate from the first quarter or first half of the next fiscal only. There is a lot of optimism.
MF margins to face pressure; volumes to compensate: ICICI Pru AMC
ICICI Prudential AMC’s IPO is open for subscription, with Nimesh Shah expecting profitability pressures from growing AUM to be offset by falling unitholder fees. He