Fund managers have shown a preference for bottom-up ideas in sectors beyond IT and pharmaceuticals in December when compared to the previous month. Two trends have clearly emerged in portfolio changes of leading fund houses in December 2021. Due to elevated valuations, large-sized fund houses continue to show high inclination to tap into IPO (initial … Read more
The trends over the past few weeks as well as over the past few quarters have been just phenomenal for the overall IT pack, says Independent Market Expert Kunal Bothra. Excerpts from an interview: Considering we have seen a convincing move beyond 15900 which clearly turned out to be a tough ceiling for the index, … Read more
Ahmedabad Municipal Corporation (AMC) standing committee on Thursday announced an extension in the deadline for advance rebate scheme for property tax payments to July 15. According to this scheme, people who pay property taxes by July 15 can claim a rebate of 10 per cent. The standing committee furthermore announced rent waivers for food van … Read more
NEW DELHI: (AMC) on Tuesday reported a 26.52 per cent growth in profit after tax (PAT) at Rs 316.08 crore for the three months to March 2021. In comparison, the company had posted a PAT of Rs 249.83 crore in the same period a year ago, HDFC AMC said in a regulatory filing to the … Read more