India’s pension fund regulator has permitted 1% of the ₹17 lakh crore assets under management to be invested in alternative investment funds. This move aims to channel domestic institutional money into private equity and venture capital, addressing a long-standing gap in the alternatives ecosystem.
Just Dial shares rocket 14% as profit rises to Rs 166 crore; revenue grows 10% YoY
Just Dial shares surged as much as 14% after the company reported strong Q1FY27 results. Net profit rose 4.1% YoY to Rs 166.2 crore, while