“Aggressive store expansion by existing players and entry of new player (e.g., Novel Jewels by Aditya Birla Group will invest ₹5,000 cr) may keep competitive intensity elevated,” said Citi’s analysts in a client note.
Japan’s MUFG Bank will invest ₹39,620 crore for a 20% stake in Shriram Finance. This is India’s biggest foreign investment in financial services. The deal
ICICI Prudential Asset Management made its stock market debut on Friday. The company’s shares listed at a significant premium. This listing propelled ICICI Prudential AMC
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