ASSETS News
Centre’s ₹10 trillion asset monetization 2.0 likely to focus on power transmission, mining, and petroleum sectors
In 2025-26, the Centre aims to increase its annual asset monetization aim, targeting ₹2 trillion to ₹2.5 trillion.
2 min read24 Feb 2025Bharat Forge’s Baba Kalyani agrees to meet siblings to build mother’s Samadhi
The dispute arose when Baba’s sister Sugandha Hiremath approached a Pune court earlier this month, seeking order to direct Kalyani to permit building a Samadhi for their mother on a land parcel in Keshav Nagar, Pune. The three siblings are set to meet on 20 February to resolve the dispute.
4 min read13 Feb 2025HDFC Bank Q3 results: Net profit rises 2% YoY to ₹16,735.5 crore; Net interest income jumps 8%
HDFC Bank Q3 results: The largest private lender in India announced a net profit rise of 2% YoY to ₹16,735.5 crore in the Oct to Dec quarter results. Shares jumped after the news of the results on Wednesday’s market session.
2 min read22 Jan 2025Alternate investment funds: An industry at risk of death by a thousand circulars
AIFs are valuable to the Indian economy for the value they generate, but their over-regulation has dealt them a harsh blow from which they may not recover—unless the government comes to their rescue.
4 min read6 Jan 2025Edelweiss looks to list all firms and enter new business
In an exclusive interview, Rashesh Shah unveils Edelweiss 3.0’s ambitious plan to unbundle its businesses and focus on leadership and capital efficiency. With a roadmap leading to IPOs and new ventures, learn how the group is navigating challenges and regulatory hurdles.
9 min read22 Oct 2024Trapped in bureaucracy: The ordeal of recovering unclaimed shares in India
Navigating the maze of India’s Investor Education and Protection Fund often turns recovering unclaimed shares into a bureaucratic nightmare. Despite reforms, many investors remain trapped in outdated processes, while a lack of awareness leaves others unaware of their lost assets.
8 min read20 Sep 2024Crypto ETF Complex Hit by Selling Spree in First Big Stress Test
Investors yanked nearly half a billion dollars from cryptocurrency-linked funds as a global market meltdown sparked the first major selloff for the speculative asset class since it went mainstream via ETFs earlier this year.
2 min read6 Aug 2024Liquidators Struggle to Recover Cash From China’s Broke Builders
Liquidators trying to recoup at least a fraction of creditors’ investments in defaulted Chinese builders are running into dead-ends.
5 min read30 Jul 2024Home Retailer Big Lots Seeks More Financing as Losses Pile Up
Off-price home goods retailer Big Lots Inc. has been reaching out to prospective investors to gauge interest in providing a new loan that would be backed by assets like the company’s leases, according to people with knowledge of the matter.
1 min read26 Jul 2024Unclaimed deposits and dividends: Govt revamps corporate disclosure regime
Starting Tuesday, companies will find it easier to file detailed disclosures on unclaimed dividends, deposits, and share application refunds under a simplified reporting regime.
2 min read20 Jul 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared