SEBI gives power to executive directors, whole-time members on reduction, waiver of interest for unpaid penalty

January 10, 2025

SEBI has empowered panels of Executive Directors and Whole-time Members to waive or reduce interest in recovery cases under specific conditions. This excludes cases involving intermediary fees or disgorgement orders. Applications require full principal payment and supporting hardship documents.

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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

January 10, 2025

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