The Board of Directors will meet on June 6 to discuss and decide on the fundraising options.
Mahindra & Mahindra Financial Services recorded a net profit of ₹619 Crore in Q4FY24, a 9.5% decrease from the previous year's ₹684 Crore.
On day 2 of subscription, the retail category saw 18.30 times subscription, the non-institutional investor category 30.27 times, and the qualified institutional buyers category 1.17 times.
It was probably a classic case of some of the year end fiscal deficit pressures of FY24 being carried forward
In a week when markets corrected sharply, it was the banking sector that surprisingly held out strong
CME Fedwatch turned dovish this week after steady PCE inflation and sharply lower Q1-GDP estimates
With exit polls, GDP data and fiscal deficit out late last week, the macro impact may be visible in the coming week
It was a week that began with a whimper and ended with a bang with GDP and fiscal data extremely positive
Canara Robeco Balanced Advantage Fund NFO is an opportunity to invest tactically allocate funds across multiple asset classes
This selloff and the resulting volatility underscore the sensitivity of the Indian stock market to political developments and investor sentiment during critical events such as national elections.

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