IndusInd Bank to gain weight on MSCI Index

January 14, 2025

The private lender’s latest shareholding data show that foreign portfolio investors reduced their stake to 46.63% in December from 55.53% in September. This reduction has pushed the foreign headroom comfortably above the 25% threshold, with MSCI currently applying a half-float factor,

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ICICI Bank’s B Prasanna sees no immediate risk of rupee hitting 90 against dollar

B Prasanna from ICICI Bank discusses the recent depreciation of the Indian rupee due to global dollar strength, suggesting that allowing the rupee to depreciate,

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HDFC AMC shares jump 3% after cons PAT jumps 31% YoY to Rs 641 crore, revenue up 39%

HDFC Asset Management Company reported a 31% jump in Q3FY25 profit, reaching Rs 641 crore. Its revenue grew 39%, driven by strong QAAUM growth. Despite

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