Aditya Birla Fashion shares traded higher in January 10 trade after the company informed the shareholders through an exchange filing on the upcoming board meet to consider fund raise.A meeting of the board of directors of the company will be held on Wednesday, January 15 to consider the proposal for raising funds.
Open FlipTata Consultancy Services reported a 4% rise in Q3 net profit to ₹12,380 crore, with revenues falling 0.4% to ₹63,973 crore. Other key earnings reports included📌 Tata Elxsi's 13.3% drop in profit,📌 IREDA's 26.8% profit growth,📌 GTPL Hathway's 57% profit plunge, and📌 Adani Total Gas benefiting from a 20% increase in APM-priced domestic gas allocation.
Open FlipSEBI Chairperson Madhabi Puri Buch highlights the significant role of mutual fund flows in enhancing India's financial market resilience, with the industry's assets under management reaching ₹66.93 lakh crore, a six-fold increase since 2014, and 22.5 crore folios as of December 2024, driven by retail investors' shift to long-term wealth-building strategies.
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