HDFC AMC Q1 Preview: To report sturdy development

The board of HDFC Asset Administration Firm can be assembly on Monday to think about and approve the June quarter’s monetary efficiency. Analysts expect a ten per cent improve in quarter-on-quarter AUM in Q1 FY25 for the home MF enterprise, reconsidering a pointy rally within the fairness market and benchmark indices. The fund home has … Read more

TCS Q1FY25 Outcomes Preview: Anticipated to attain single-digit progress in revenue, income on enterprise restoration; wage hikes could pressurise margins

Tata Consultancy Providers (TCS) is projected to attain single-digit progress in income and revenue in the course of the April-June quarter of fiscal 12 months 2024-25 (Q1FY25) in comparison with the identical interval final 12 months. This progress is attributed to a restoration within the movement of enterprise and purchasers’ willingness to renew discretionary spending. … Read more

India-dedicated funds see $24 billion of inflows in FY24

India-dedicated funds noticed inflows of $2.3 billion in March, taking the full class inflows in FY24 to $23.8 billion, the newest EPFR knowledge compiled by Kotak Institutional Equities confirmed. These funds noticed inflows of $16.2 billion in CY23. In addition they noticed outflows of $2.2 billion, $3.8 billion and $8.8 billion within the earlier three … Read more