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.
Vedanta’s demerged entities to trade by mid-June after split, says CEO
Mining giant Vedanta is set to file for listing approval of its demerged companies next week. Shares of these new entities are anticipated to begin