Motilal Oswal Financial Services saw its net loss widen in the March quarter. Revenue from operations surged 125 percent year-on-year. The company’s operating profit after tax grew 25 percent. Asset and Private Wealth Management businesses showed robust growth. Asset Management PAT increased 63 percent. Total assets under management grew 32 percent. SIP inflows surged 78 percent.
Sebi approves 3 IPOs of Cosmic PV, Monomark, RKB Global along with NSE
SEBI has approved IPOs for Cosmic PV Power, Monomark Engineering, and RKB Global, alongside the National Stock Exchange’s major public offer. These approvals highlight a