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Markets watchdog Sebi on Friday proposed allowing investment advisers and research analysts to use liquid mutual fund units, with a lien marked in favour of the regulatory body, to meet their deposit requirements. This would be in addition to the option to maintain the deposit with the bank.
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Consolidated net profit of Birla Corporation Limited, the flagship company of M P Birla group, increased 32.7 per cent at Rs 256.60 crore during the fourth quarter of 2024-25 as compared to Rs 193.34 crore in the corresponding previous period.
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Manappuram Finance reported a 203 crore consolidated Q4 loss due to severe stress at Asirvad Micro Finance. Standalone profit dipped slightly, while a 500 crore equity infusion was announced to support the troubled subsidiary.
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News and Media
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