Q1 disbursement dip seen as temporary; Q2 growth expected with new loans : Sadaf Sayeed, Muthoot Microfin
Muthoot Microfin CEO Sadaf Sayeed reports positive impacts from MFIN’s guardrails, reducing multiple loan borrowers from 20% to 8%. Muthoot Microfin’s overleveraged customers decreased to 1%. Despite a typically slow Q1, disbursements reached ₹175 crores, benefiting 311,000 borrowers. The company is focusing on existing customers with higher credit scores, introducing new loan products, and expanding […]
‘Chaos Ahead’: India reels from US tariff hike threat, exporters warn of mass job losses
Indian exporters are scrambling for options to mitigate the fallout of US President Donald Trump’s threatened tariff salvo against the world’s most populous nation. Since Trump’s tariff threats, Prime Minister Narendra Modi has spoken to both Putin and Ukrainian President Volodymyr Zelensky, urging a “peaceful resolution” to the conflict.
Dollar slips as investors eye September Fed cut
The dollar weakened due to tame U.S. inflation data, increasing expectations of a Federal Reserve rate cut next month. President Trump’s attempts to influence the Fed further undermined the currency. While investors are pricing in a high probability of a rate cut, some analysts advise caution, awaiting further economic data to solidify the outlook.
Reliance, HPCL, 17 other stocks to go ex-dividend on Thursday. Last chance to qualify for eligibility
Investors have a final opportunity to buy shares of top Indian firms like Reliance Industries and Hindustan Petroleum today to qualify for dividends. REC and Bharat Electronics are also offering dividends. Several other companies including Action Construction Equipment and Astral are closing in on their record dates.
Shriram Properties’ Q1 net profit rises 18% YoY, revenue up 24%
Shriram Properties Limited announced impressive first-quarter results. Net profit rose 18% to ₹20.6 crore. Total revenue reached ₹261.5 crore, a 24% increase. Revenue from operations jumped 57%. This growth was driven by successful project handovers. The company is expanding its project pipeline. They are evaluating multiple projects. CMD Murali M attributed the success to strong […]
Sebi looks to further ease regulations for foreign investors
India’s market regulator will further simplify regulations for foreign investors to encourage long-term capital flows into the country, the Securities and Exchange Board of India said in its annual report published on Tuesday.
Essential guide for first-time investors: Understanding mutual funds and their risks
New investors entering the market should understand mutual fund schemes, risks, costs, and return potential. Options range from equity to fixed-income and hybrid funds, each with varying risk levels. Costs include expense ratios, impacting returns. Investors should align fund choices with their risk profile and investment timeline, considering equity for long-term goals and debt for […]
Apollo Healthtech targets listing by Jan-Mar 2027
Apollo Healthtech, a part of Apollo Hospitals, may get listed by early 2027. This move aims to unlock value for shareholders. Promoters will remain the same. Apollo Hospitals reported a strong Q1 with a 42% profit increase. Revenue also grew by 15%. The company plans to add over 4,300 beds in the next few years.
How did India’s wealthiest investors perform in June quarter?
India’s wealthiest investors witnessed a surge in their net worth during the June quarter, fueled by a stock market rebound. Portfolios of figures like the Jhunjhunwala family and Mukul Agrawal saw gains between 12% and 42%. Conversely, Madhusudan Kela and Vijay Kedia experienced portfolio value declines as they strategically reduced exposure to certain stocks.
Banks boost equity investments by 49% in FY25 amid retail FOMO
Indian banks significantly increased their equity investments in FY25, driven by strategic treasury diversification. An analysis of 16 major banks revealed a 49% surge, reaching ₹49,572 crore, with SBI’s investments tripling. This rise coincided with growing retail participation in the market and the implementation of new accounting norms.