Tue, Oct 22, 2024 4:15 PM
Analysis-Investors flee thematic ETFs as stock benchmarks soar
A Flip by Shubhangi Gupta
Abhishek Gupta, a former fund manager at Edelweiss Asset Management, settled a case with Sebi over alleged mutual fund rule violations, paying Rs 19.5 lakh in settlement charges. Gupta allegedly failed to ensure scheme investments aligned with objectives, violating rules. The case was disposed of after Sebi received the settlement amount.
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HSCC (India) Limited, a subsidiary of NBCC (India) Limited, has bagged work orders worth around ₹1,322.48 crore, according to a recent announcement. What Happened: The orders secured by HSCC (India) Limited include the construction of an additional 500 beds at the ESIC medical college and hospital in Faridabad, valued at ₹642.69 crore.
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TVS Motor is expected to announce its Q2 results on Oct 23. TVS Motor is expected to see its net profit rise 27% to ₹684.58 crore in the Sept quarter. The two wheeler major’s revenue might come at ₹9,469.36 cr, increasing by 16% while EBITDA might come at ₹1,102.16 crore, a 27% increase. In the previous year, TVS Motor reported net profit of ₹536.6 cr, ₹8,144.6 cr revenue and ₹824.4 cr EBITDA.
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