Vedanta seeks $450 million to repay top-performing junk bonds

January 10, 2025

Vedanta’s notes maturing in April 2026 were among the top performers in India’s high-yield sector last year, delivering an 80% return as Agarwal worked to reduce the group’s debt. Junk bonds offered the highest returns in 2024 for dollar-denominated issuances by Indian companies.

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Just Dial Q3 results: PAT jumps 43% YoY to Rs 131 crore, revenue up 8%

Just Dial reported a 43% YoY rise in Q3FY25 net profit to ₹131.31 crore, with revenue up 8.4% to ₹287.33 crore. Sequentially, profit declined 15%.

January 10, 2025

34 mutual fund NFOs mobilised Rs 13,852 crore in December

In December, 34 mutual fund NFOs raised Rs 13,852 crore, with 33 open-ended and one close-ended fund. Sectoral and thematic funds led with Rs 11,337

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