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Its market share improved from 5.5% in Apr’23 to 8.5% in Mar’24. The exit ADTO stands at Rs90-100bn, implying a strong start to FY25. The Star-MF platform remains the preferred platform for MF distributors – FY24 volumes grew by 59% YoY to 421mn.

Due to a severe financial problem, Byju's postponed paying employee salaries while it awaited approval from the National Company Law Tribunal (NCLT) to use proceeds from the rights issue.

This week, start-ups raised $152 Million led by Ola Electric, SingleInterface, Namdev Finvest, Innoviti, Scrut, Nivara.

Wistron, like Pegatron and Foxconn, is a Taiwanese contract manufacturer for Apple. Tata Group purchased its local business for $125 Million (₹1,000 Crore) in November last year, making it the first Indian company to produce iPhones.

Gland Pharma is promoted by Fosun Pharma, a Chinese company that owns 57.86% of the company.

Since starting on the new post in February, Tahilyani has been carefully steered by Chandrasekaran, who wants to see the consumer app develop traction before pursuing external investor interest.

Bandhan Innovation Fund NFO is an opportunity to gel your future strategy with that of innovative Indian companies.

In India, petrol and diesel pricing is influenced by factors such as freight charges, value-added tax (VAT), and local taxes.

A 60-day lock-in period would also apply to any additional share sales. For the QIP, the book running lead managers are Nuvama and Motilal Oswal.

No fresh positions are permitted in derivative contracts associated with the banned securities.