NSE share market NEWS tomorrow (02 August, 2023). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (02 August, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 02 August 2023
Kei Industries was amongst the top gainers, currently trading at 2372.75 in NSE with 0.481 times change in volumes and 4.51% change in price. Other gainers included Cyient with 3.855% price change and 5.901 times volumes, Kaynes Technology with 2.006% price change and 0.366 times volumes, Laurus Labs with 1.758% price change and 2.405 times volumes, and Abb Power with 1.714% price change and 2.542 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.
Nhpc was amongst the top losers, currently trading at 49.20 in NSE with 1.156 times change in volumes and -5.294% change in price. Other losers included Iifl Holdings with -5.06% price change and 0.456 times volumes, Idea Cellular with -4.242% price change and 2.306 times volumes, Suzlon Energy with -4.145% price change and 1.369 times volumes, and Max Financial with -4.116% price change and 2.263 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.
Other stocks which made news headlines today and can be traded tomorrow are below.
Murugappa Group's Chola sees 28% rise in first quarter net profit. Chola's Home Loan business disbursed Rs 1,454 crore in Q1 FY24, a substantial 138 per cent growth from Rs 611 crore in Q1 FY23
ChrysCap joins Nirma, Sekhmet in race to snap up Glenmark Life Sciences. Nirma, Sekhmet Pharma also make binding bids
Triveni Turbine net profit rises by 59% to Rs 61 cr in June quarter. Triveni Turbine on Tuesday posted over a 59 per cent rise in its consolidated net profit to Rs 61 crore, mainly due to higher revenues. The consolidated net profit of the company was Rs 38.3 crore in the quarter ended June 2022, a company statement showed.
HSBC India's profit before tax rises nearly 19% to 6 mn from Jan-June. Foreign lender HSBC on Tuesday reported an 18.75 per cent growth in its profit before tax at USD 766 million from India operations in the first half of 2023. The lender, which has 26 branches in the country, had reported a Profit Before Tax (PBT) of USD 64
Metro Brands Q1FY24 results: Net profit at Rs 106 cr YoY; revenue up 11%. The total income for Q1FY24 came in at Rs 571.71 crore, compared to Rs 506.39 crore YoY
Godrej Agrovet posts higher profit at 27.3% for June quarter as costs drop. The company's consolidated net profit rose to 1.05 billion rupees (.8 million) in April-June, from 827.1 million rupees a year ago
Hero MotoCorp July sales: Total sales drop 12% YoY; exports up 35%. Scooters have performed better than motorcycles with sales increasing by 26.45% from 24,292 in July 2022 to 30,718 in July 2023
Thermax misses Q1 profit view with just 1.7% rise on slow sales growth. Thermax on Tuesday posted a marginal rise in its consolidated net profit at Rs 60 crore in the June 2023 quarter. Its consolidated net profit stood at Rs 59 crore in the year-ago period. "The company's consolidated profit after tax (PAT) is Rs 60 crore (Rs
GM recalls 900 vehicles with Takata air bag inflators, blames manufacturing. General Motors is recalling nearly 900 vehicles in the US and Canada with Takata air bag inflators that could explode and hurl shrapnel in a crash. The recall covers certain Chevrolet Camaro, Sonic and Volt vehicles as well as the Buick Verano, all from th
Redington reports 21% fall in quarterly profit as expenses mount. Redington reported a 21% fall in quarterly profit, as the technology devices distributor wrestled with higher expenses at a time when demand for work-from-home equipment also slowed
AI powered tool GPT-3 found to reason as good as undergraduate students. GPT-3, the popular AI-powered tool, was found to reason as well as college undergraduate students, scientists have found. The artificial intelligence large language model (LLM) was asked to solve reasoning problems that were typical of intelligence tests a
Powergrid board okays Rs 555 cr investment proposal for 85 MW solar project. State-owned Power Grid Corporation board on Monday approved an investment proposal of Rs 554.91 crore for an 85 MW solar power project at Nagda in Madhya Pradesh. "Board of Directors of POWERGRID in their meeting held on 31st July 2023 have accorded Invest
Jakson Group installs 9 kilowatt solar plant at AIIMS-Delhi premises. Renewable Energy firm Jakson Group has installed a 9-kilowatt solar plant on the premises of AIIMS here as part of an agreement. The project has been set up by its CSR arm Jakson Welfare Trust, Jakson Group said in a statement on Tuesday. The 9 KW solar pr
Orient Cement's net profit declines to Rs 37.03 crore in June quarter. C K Birla group firm Orient Cement Ltd on Tuesday reported a marginal decline in its net profit at Rs 37.03 crore in the June quarter. It had posted a net profit of Rs 37.41 crore in the April-June quarter a year ago, Orient Cement said in a regulatory fil
Emami expects good growth in personal care, healthcare businesses. Emami Ltd vice-chairman and MD Harsha V Agarwal expressed confidence on Tuesday that the FMCG player will have good growth from its personal care and healthcare businesses in the years ahead and the firm expects to grow at 27.9 per cent compound annual gro
DLF's KP Singh sells entire 0.59% stake for Rs 731 cr: Stock exchange data. Billionaire KP Singh has sold his entire remaining stake in real estate firm DLF for around Rs 731 crore, according to the stock exchange data. It wasn't clear why Singh, who in June 2020 was named the chairman emeritus, sold the shares in the company that
IndiGo still battling Pratt & Whitney engine woes, 10% fleet grounded. All 33 grounded planes of IndiGo are powered by Pratt and Whitney engines
CVS Health Corp to cut 5,000 jobs amid shift away from retail focus. None of the job losses will impact customer-facing positions in stores, pharmacies, clinics or customer services centers, a spokesman for the company said
Manipal Group chairman Ranjan Pai in talks to invest in Byju's-owned Aakash. Raveendran may partially offload his stake for -90 mn
Commerce minister Piyush Goyal to meet e-commerce firms on Wednesday. Commerce and Industry Minister Piyush Goyal is scheduled to meet representatives of e-commerce firms and domestic traders body CAIT on August 2 to discuss issues related to the sector, an official said. Representatives from different companies including Am
Tribhovandas Bhimji Zaveri reports five-fold jump in profit in June quarter. BENGALURU (Reuters) - Indian jeweller Tribhovandas Bhimji Zaveri reported a nearly five-fold jump in first-quarter profit on Tuesday
Shriram General Insurance reports 37% rise in net profit in June quarter. Shriram General Insurance Company posted a 37 percent growth in net profit at Rs 98 crore during the first quarter of FY 24. The insurer on Tuesday said it wrote 13,03,340 policies driven by higher digital selling of traditional and new combo products. Abo
Hiring for white collar jobs in India falls 19% in July, says report. Hiring for white collar jobs declined 19 per cent in July compared to the year-ago period as many sectors, including FMCG, retail, insurance and education, witnessed cautious recruitment sentiments, according to a report. According to the Naukri JobSpeak I
DLF's KP Singh sells entire 0.59% stake for Rs 731 crore; stock down 3.7%. In June 2020, Singh retired as the realty firm's chairman after nearly six decades
DGCA clears IndiGo's flights to Almaty in Kazakhstan from September 5. Aviation regulator DGCA has approved IndiGo's plans to start flight services to Almaty in Kazakhstan. The country's largest airline by domestic market share has embarked on an ambitious international expansion. In February, the carrier announced plans to s
IDBI Bank moves NCLAT against Zee Entertainment to challenge NCLT order. IDBI bank has moved the National Company Law Appellate Tribunal (NCLAT) against Zee Entertainment to challenge an NCLT order, which rejected the private lender's plea to initiate insolvency proceedings against the media major. IDBI's petition has been list
Hero MotoCorp and Bajaj Auto's July two-wheelers sales in slow lane. Hero's domestic sales dropped by 12.18 per cent YoY to 391,310 units. Bajaj's domestic sales dropped 13.62 per cent YoY in July
Bosch Ltd to increase manufacturing in India to pare component import. The technology supplier plans to increase the percentage of goods produced locally in India to bring down its imports of components
Meesho says it removed 42 lakh counterfeit products from its platform. Under this project, Meesho has implemented stringent verification processes, engaged in brand partnerships, and leveraged analytical models for fraud detection
K'taka govt & IBC ink pact to set up recyclable Lithium-ion battery plant. The Karnataka government and US-based International Battery Company (IBC) on Tuesday signed a memorandum of understanding (MoU) to set up a recyclable Lithium-ion battery manufacturing unit at an outlay of Rs 8,000 crores (USD 1 BN) in the state. IBC India
Aditya Birla Group's hospitality arm gets rights for 4 restaurant brands. Aditya Birla Group on Tuesday said its hospitality arm Aditya Birla New Age Hospitality (ABNAH) has acquired the rights for four iconic restaurant brands -- Hakkasan, Yauatcha, Nara Thai and CinCin. ABNAH has acquired KA Hospitality Pvt Ltd (KAH), the comp
Sebi imposes Rs 13 lakh fine on two former executives of Wockhardt. Market regulator Sebi has imposed penalties totalling Rs 13 lakh on two former executives of Wockhardt for flouting insider trading norms. The regulator has slapped a fine of Rs 12 lakh on Yatendra Kumar and Rs 1 lakh on Shashi Kant Tiwari. The order came
Reliance Jio, Airtel drive telecom subscriber base to 1,172.57 mn in May. New customer addition by telecom operators Reliance Jio and Bharti Airtel led to a marginal growth in the country's telecom subscriber base to 1,172.57 million in May, according to a report released by regulator Trai on Tuesday. Subscriber loss of Vodafone
Vistara plane suffers engine damage, was hit by ground service equipment. A Vistara Airbus A320 neo aircraft on Tuesday suffered engine damage after it was hit by a towing tractor at Mumbai airport, according to a source. The plane, which was scheduled to operate a flight from Mumbai to Kolkata, has been grounded and is undergoi
Bharti Airtel to target SMBs market with Airtel IQ messaging platform. Telecom operator Bharti Airtel is looking to garner a major share in enterprise communication services segment of small and medium businesses with its new Airtel IQ Reach platform, a senior company official said on Tuesday. Airtel's communications platform
Foxconn EV venture targeting India or Thailand for new small car plant. The Taiwanese company's EV platform unit Mobility in Harmony (MIH) would be willing to work with its parent or another company to build the new three-seat EV priced below ,000
Franklin Templeton planning to enter private credit industry in India. The firm will soon file with the Securities and Exchange Board of India for a license for a category II Alternative Investment Fund, which will allow it to begin preparing for the private credit fund
Bajaj Auto July sales: Total sales down 10% YoY, 2W sales dip 14%. 2W exports were also down 16% YoY which came down from 150,670 in July 2022 to 126,850 in July 2023
ED raids Hero MotoCorp Chairman Munjal's residence; PMLA case registered. The DRI had recently apprehended a close aide of Pawan Munjal in possession of undeclared foreign currency
Aditya Birla Group expands its portfolio, adds four restaurant brands. Aditya Birla New Age Hospitality (ABNAH) has added four restaurant brands, namely Hakkasan, Yauatcha, Nara Thai, and CinCin to its portfolio
62% corporate employees get salary hikes, small cities do better: Study. 19% executives in leadership positions receive increments in the 5-10 per cent range
Kirloskar Brothers Q1FY24 results: Net profit jumps 321% YoY to Rs 33 cr. The revenue from operations for Q1FY24 came in at Rs 581.2 crore, compared to Rs 542.4 crore year-on-year
Coal India embarks on overseas acquisition of critical mineral assets. In a bold move to diversify its operations and integrate further into the value chain, Coal India Limited (CIL) is targeting the acquisition of lithium, cobalt, and nickel assets abroad. The company has recently amended its Memorandum of Association (MoA)
KredX to disburse Rs 2,000 cr in working capital for MSME sector. Tier-two cities expected to have 35% growth in demand for such financing compared to last year, says firm
Puneet Chandok appointed corporate VP of Microsoft India and South Asia. Tech giant Microsoft on Tuesday announced the appointment of Puneet Chandok as Corporate Vice President of Microsoft India and South Asia. Effective September 1, 2023, Chandok will assume the operational responsibilities from Anant Maheshwari, Microsoft sa
Akasa Air adds 20th aircraft to its fleet; now eligible for int'l ops. Akasa Air on Tuesday said it has added the 20th aircraft to its fleet that also makes the airline eligible to start international operations. The carrier, which will complete one year of operations on August 7, has also become the first airline in Asia to
Prosus to sell part of PayU to Rapyd for 0 mn, retain India business. Prosus-backed PayU to focus on the large payments and fintech in India
Escorts Kubota Q1FY24 results: Net profit jumps 91% YoY to Rs 282 cr. The revenue from operations for Q1FY24 came in at Rs 2327.7 crore, compared to Rs 2014.9 crore year-on-year
PVR Inox Q1FY24 results: Net loss at Rs 80.1 crore; revenue up 31%. The total income for Q1FY24 came in at Rs 1290.1 crore, compared to Rs 983.5 crore YoY
Welspun Enterprises Q1FY24 results: Net profit jumps 258% YoY to Rs 89 cr. The total income for Q1FY24 came in at Rs 709.45 crore, compared to Rs 690.84 crore year-on-year
Roastea eyes Rs 100 cr in topline, to install 5,000 vending machines. Beverage startup, Roastea is eying Rs 100 crore turnover and 5,000 vending machines network by 2024-25. "The company's tea and coffee vending machine business will be one of the key drivers of growth, and it aims to roll out over 1,500 such machines this y
Amazon to invest .2 bln in Israel, launches AWS cloud service in region. Amazon's cloud services in the region will allow the country's government to run applications and store data in data centers located in Israel
Meta prepares AI-powered chatbots in attempt to retain users: Report. The report comes as Meta executives are focusing on boosting retention on its new text-based app Threads, after the app lost more than half of its users in the weeks following its launch on July 5
Juniper Green Energy crosses 1.2GW of renewable energy generating capacity. Renewable energy producer Juniper Green Energy on Tuesday said it has crossed 1.2GW of renewable energy generating capacity. Juniper Green Energy crossed 1.2 GW of renewable energy capacity with the recent PPAs/LOAs (power purchase agreements and letter of
Franklin Templeton MF says returned over Rs 27,000 crore to investors. Franklin Templeton Mutual Fund (MF) on Tuesday said it has returned over Rs 27,000 crore to unit holders of six shuttered debt schemes till date. The amount translates to around 107.51 per cent of the aggregate reported assets under management value across
Govt orders firm linked to Cameroon cough syrup deaths to stop production. The move comes as Indian regulators step up inspections at drugmakers after cough syrups made in the country were linked to the deaths of dozens of children overseas, denting India's image as the "pha
Adani Total Gas Q1FY24 results: Net profit jumps 7% YoY to Rs 148 cr. The revenue from operations for Q1FY24 came in at Rs 1,135 crore, compared to Rs 1,110 crore year-on-year
Chemicals maker Anupam Rasayan Q1 net profit rises 25% to Rs 52.25 crore. Chemicals maker Anupam Rasayan on Tuesday posted a 24.52 per cent rise in its consolidated net profit at Rs 52.25 crore in the June quarter on strong revenue. Net profit stood at Rs 41.96 crore in the same quarter a year ago, a regulatory filing said. Tota
Byju's sends legal notice to Aakash founders demanding share transfer. Education technology startup Think and Learn Pvt Ltd, which operates under BYJU'S brand name, has sent a legal notice to founders of Aakash Educational Services following their alleged resistance to complete a share swap that was unconditionally agreed as
Brookfield, RIL sign MoU to explore renewable opportunities in Australia. Under the MoU, Brookfield will collaborate with RIL to assess potential capital investment and skill development opportunities in Australia's renewable energy sector
Franklin AMC appoints new debt head, explores alternative business. Franklin Templeton aims to rejuvenate its presence in the debt space with Rahul Goswami leading the charge
Uber forecasts quarterly operating profit above estimates on ride demand. Uber Technologies on Tuesday forecast third-quarter operating profit above Wall Street expectations as it sees growing demand for ride hailing
Pfizer misses revenue estimates as Covid-19 product sales decline. The company has said it expects 2023 to be a low point for COVID product sales following strong demand at the peak of the pandemic before a potential return to growth in 2024
'Govt asks Tesla to copy Apple in pairing Chinese, Indian suppliers'. Tesla wants to use some Chinese vendors, India wants workaround
Airtel launches self-service digital marketing product Airtel IQ Reach. The platform allows these businesses to leverage Airtel's extensive user base to enhance customer engagement
Japan chip equipment supplier Disco to set up center in India: Report. The chipmaking device supplier will consider opening an applications laboratory, which performs test cuts and other experimental processing at customer's request, in India, the report said
Man Industries settles forensic audit disclosure lapses case with Sebi. Man Industries (India) Ltd on Monday settled with capital markets regulator Sebi a case concerning alleged delayed and inadequate disclosure regarding the initiation of a forensic audit. The matter was settled after the company paid Rs 8.79 lakh towards th
Foxconn Industrial Internet denies signing deal with Tamil Nadu: Report. The government of the southern Indian state of Tamil Nadu said on Monday it has signed a deal with Foxconn for a new electronic components manufacturing facility that would create 6,000 jobs
Apple's main supplier Foxconn plans 0 mn component plants in India. Foxconn Technology Group, plans to increase its investments to more than .2 bn in southern India's Karnataka state and add two component factories there
Reliance partners with Brookfield for Australia's renewable energy push. Brookfield Asset Management said in March it will invest A billion and A billion over the next ten years in Australia along with it partners in renewable energy projects
Coal India inks MoU with Fortis Healthcare to treat thalassemic children. Fortis Healthcare has joined hands with Coal India to treat underprivileged children suffering from thalassemia under the 'Thalassemia Bal Sewa Yojana' CSR initiative of the central public sector enterprise. An MoU in this connection was signed on July 28
Maruti Suzuki to acquire Suzuki Motor Gujarat from Japanese parent co. Marut Suzuki India on Monday said its board has approved the acquisition of the entire stake in Suzuki Motor Gujarat from Japan-based parent Suzuki Motor Corporation. Currently, Suzuki Motor Corporation (SMC) owns a 100 per cent stake in Suzuki Motor Gujar
Yuma Energy appoints Subramanian as MD for overseeing strategic direction. Yuma Energy on Monday announced the appointment of Muthu Subramanian as its managing director and general manager. Subramanian will be responsible for overseeing the strategic direction and overall operations of Yuma, a joint venture between Bengaluru-base
Bajaj Hindusthan Sugar net loss at Rs 75 cr in Q1 on lower revenue. Bajaj Hindusthan Sugar Ltd on Monday reported a consolidated net loss of Rs 74.69 crore in the June quarter on lower revenue. The company had posted a net loss of Rs 44.91 crore in the year-ago period. Total income fell to Rs 1,363.36 crore in the April-Ju
Dhanlaxmi Bank Q1 net profit at Rs 28 cr due to decline in bad loans. Private sector Dhanlaxmi Bank on Monday recorded a net profit of Rs 28.30 crore in the April-June quarter, mainly due to a decline in bad loans. The lender had posted a net of Rs 26.43 crore in the year-ago period. The total income in the first quarter of
Adani Group in talks to raise .8 bn from India bond sales: Report. The plans will likely gather steam in two months and the amount eventually raised could be double the initial size, sources said
Oberoi Realty Q1 profit falls 20.2% on fewer bookings, higher costs. Meanwhile, total expenses surged by nearly 10% driven by a spike in operating costs
After Sequoia split, India's Peak XV to hold CEOs meet for first time. The invite-only Peak XV "Founder Retreat" is planned for Aug 18-19 in the tech hub of Bengaluru, dubbed the Silicon Valley of India and the base of many startups
IRB Infrastructure Developers Q1 net profit falls to Rs 134 crore. IRB Infrastructure Developers on Monday posted a 63 per cent fall in its profit after tax to Rs 133.77 crore during the April-June quarter, dragged by lower income. It had reported a net profit of Rs 363.19 crore during the April-June period last year, the
Tata Industries reports Rs 2,043 crore loss on Tata Unistore sale. Tata Cliq portal was sold to Tata Digital in December last year
Paytm Chief Vijay Shekhar seeks PLI scheme for payment segment devices. Fintech company One97 Communications, which operates under the Paytm brand, wants the government to bring payment segment devices under the production-linked incentive scheme to boost local production, a top company official said on Monday. Paytm founder a
State Bank of India raises Rs 10,000 crore via infra bonds at 7.54%. Prices issue at finer rate amid hardening yield; Gets bids worth Rs 21,698 crore
DGCA renews Jet Airways Air Operator Certificate with conditions: Official. Aviation safety regulator DGCA has renewed with conditions the Air Operator Certificate (AOC) of Jet Airways until September 3, a senior official said on Monday. Cash-strapped Jet Airways stopped flying on April 17, 2019. The AOC was re-issued on May 20, 2
Pawan Munjal-backed Exponent unveils 15-minute charging tech for EVs. The energy-tech startup plans to expand operations to five new cities by the end of FY '24 and is targeting to deploy 1,000 e^pumps and 25,000 EVs powered by Exponent, by 2025
Thomas Cook, SOTC sign pact with Sentosa Development to drive awareness. Thomas Cook (India) and its group company SOTC have inked a strategic pact with Sentosa Development Corporation (SDC), Singapore, to drive destination awareness. The strategic partnership aims at capitalising on the companies' viable leisure segments, acco
Petronet eyes lower prices under renewed long-term deal with Qatar. Petronet is "seriously engaged" with Qatar to extend its long-term deal to beyond 2028, Singh said, adding that Petronet has until the end of the year to complete negotiations for an extension
GAIL Q1 results: Consolidated net profit falls 45% to Rs 1,792 crore. Sequentially, its net profit rose 179 per cent, up from Rs. 604 crore
Go First refund case: NCLT issues notice to lenders, next hearing on Aug 7. CoC is a group of lenders that represent the interests of all stakeholders in the insolvency process
Adani Energy Solutions Q1 results: Net profit dips 5.9% to Rs 175.1 crore. The company reported double-digit growth in revenue, while other income slipped significantly
Kerala Startup Mission to transform into co-working space 'LEAP Coworks'. The Kerala government's nodal agency for entrepreneurship development and incubation activities in the state, KSUM, is all set to transform its industry incubators into co-working spaces called LEAP Coworks. The membership of LEAP Coworks and the opening o
Peerless Group to invest Rs 1,000 cr in capex; focuses on hospital, realty. The Peerless Group on Monday announced ambitious plans to invest over Rs 1,000 crore in capital expenditure over the next three years, a major portion of which will be channelled into the development of hospital and real estate projects. In the financial y
Best Agrolife consolidated net profit jumps to Rs 90.5 cr in June quarter. Agro chemical firm Best Agrolife Ltd on Monday reported an over two-fold jump in its consolidated net profit at Rs 90.5 crore for the June quarter of the current fiscal. Its net profit stood at Rs 40.12 crore in the year-ago period. Total income rose to Rs
Binny Bansal, Accel and Tiger Global exit Flipkart with bumper returns. Latest deal puts Flipkart's valuation at bn and prepares it for IPO
Maruti to acquire Suzuki Motor Corp's Gujarat plant to boost efficiency. Maruti will take over EV production at Gujarat site, replacing Suzuki Motor Corp
Powergrid Q1 profit falls 5% to Rs 3,597 cr on subdued transmission demand. Power Grid Corporation of India Ltd (Powergrid) on Monday posted over a 5 per cent decline in consolidated net profit to Rs 3,597.16 crore due to increased finance costs. It had reported a net profit of Rs 3,801.29 crore during the April-June period of the
Tata Power launches RFID-enabled cards to support its EV charging ecosystem. Tata Power on Monday launched a radio-frequency identification card, which, it said, will help accelerate the adoption of electric vehicles in the country. With the launch of the card, Tata Power aims to leverage its electric vehicle (EV) charging infrastr
DGCA gives in-principle nod to Air India, IndiGo to import 970 planes. Aviation regulator DGCA has given in-principle nod for Air India and IndiGo to import a total of 970 planes. As part of their expansion plans, both carriers have placed huge aircraft orders. While Air India will acquire 470 aircraft from Airbus and Boeing,
NTPC arm 'NTPC REL' gets letter of award for 550 MW solar project. NTPC on Monday said wholly-owned NTPC REL has received a letter of award (LoA) for a 550 megawatt (MW) solar project. The project is to be executed within a period of 18 months and will require a capital investment of Rs 2,800 crore, NTPC said in a stateme
Alphabet owned Google's dominance sparks South African antitrust crackdown. The watchdog determined that Google's search dominance "distorts platform competition" in favor of large market players
LIC Mutual Fund completes the takeover of IDBI Mutual Fund schemes. At the end of June, the AUM of LIC MF and IDBI MF stood at Rs. 18,400 crore and Rs. 3,650 crore, respectively
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