Auto Sector

The scheme is a target maturity fund and will be managed passively by tracking the performance of Nifty G-sec Jul 2027 Index.

It will provide the services through its domestic and international network and branch at GIFT City, the Gujarat-based emerging global financial and IT services hub.

The firms said to make JV with 50:50 equity participation.

In conversation with Sheetal Agarwal of IIFL, the Founder of the company outlines his growth strategy, macro opportunities and fund-raising plans.

Here is the state-wise mutual fund AUM story.

The Scheme has the flexibility to invest in a range of debt instruments and would seek to minimise interest rate risk while avoiding undue credit risks.

Brigade enterprises (BRGD) is looking at strong performance in Q4FY23 across the Residential and Leasing segments. It is on track to report ~20% volume growth for the Residential business in FY23, and has achieved 9MFY23 leasing of >0.9msf, higher than the full year FY22 at 0.8msf.

The company will use net proceeds from the IPO to fund the working capital requirements and for other general corporate purposes.

Purchase done through open market transactions.

Merchandise trade deficit for February 2023 touched the lowest level in 12 months at $17.43 billion.