ICICI Prudential AMC’s listing sparks debate on valuation premiums over HDFC AMC, with both managing similar assets. While ICICI Prudential shows stronger operating profits due to a higher equity and alternate asset mix, retail participation in its IPO was muted. Experts believe the long-term outlook for Indian AMCs remains positive, driven by shifting investor behavior and industry growth potential.
Infosys dividend alert! IT major announces Rs 26 per share dividend. Check record date
Infosys has declared an interim dividend of Rs 26 per equity share for its shareholders. The record date for this dividend is set for November