Mutual funds overall have grown their AUM at a compounded rate of 20% in last 3 years.
The Board authorised a change to the capital clause of the company's Memorandum of Association due to a stock split.
A bi-facial solar system consists of a solar panel that collects sunlight from both surfaces and generates power on both sides.
Despite a visible recovery in dyes and pigments, the improvement hasn't yet translated into meaningfully higher realisations.
Fed’s dot plot still shows three rate cuts, totaling to 75bps in 2024; although the timing of cuts remains uncertain. Indian 10yr yields are still lower at 7.1%. DXY is higher at 104, as compared to the recent lows of 101; but still lower than the Oct peak of 108 levels. INR appreciated by 0.2%, Yuan remained flat, and EM FX basket depreciated by 0.9% respectively in Feb.
The QIP is expected to be part of the bank's broader strategy to raise a total of ₹1,500 Crore during the fiscal year.
Management indicated that clients continue to prioritise large-scale transformation projects, limiting discretionary spending. ACN expects FY24 Adj. Ebit margin to be 15.5% (was 15.5-15.7%).
JioCinema also had a resurgence in the luxury mobile device segment, with companies like Google Pixel, Apple, Motorola, etc.
Titan SBI Card customers will also be able to receive Titan gift cards worth 3% of their Tanishq purchases.
In February of the current year, Texmaco Rail and Engineering unveiled its target to fulfill 3,400 rail wagon orders by the first quarter of the fiscal year 2025, leveraging its robust future order book position.

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