News Overview

What does that really for the US economy in particular and the world economy in general?

The month of November 2023 saw the overall mutual fund AUM surge to above the Rs49 trillion mark after seeing flat to weak growth in October 2023.

WPI inflation at +0.26% for November 2023 finally turned to positive territory, largely led by food products inflation.

In conversation with IIFL, Sadaf Sayeed, CEO, Muthoot Microfin Limited gives us an overview of the company’s journey so far and the key learnings thereof.

Muthoot Microfin finalized the allocation of 97,93,812 equity shares to anchor investors at a price of Rs 291 per equity share.

In a pre-IPO placement, Innova Captab has already raised Rs 80 crore

Foreign institutional investors (FIIs) poured over Rs 9,600 crore into Indian equities this week, while domestic institutional investors (DIIs) bought stocks worth Rs 485.1 crore

SBI purchased approximately 3.7 lakh shares of Canpac Trends at Rs 1,329 per share for capital appreciation

The order contract was confirmed through a letter of acceptance dated December 14, 2023.

"Discussions with investment banks have taken place but the plan (for sale of generic API business) is still on the drawing board," according to the report.