Prashant Jain says Indian equities' impact from rising oil prices depends on price levels and duration. Large-caps may see moderate downside, but small- and mid-caps face deeper corrections.
IIFL Capital Services Ltd.’s wealth book of about Rs 60,000 crore ($6.6 billion) will expand 80% to 100% over the next 24 months, Jain said
Jain told Moneycontrol that enterprise AI requires integration across client and internal systems along with responsible-AI layers, even as automation improves productivity in select functions.
Sources said that Jain reportedly travelled to Delhi recently to finalise the transaction.
Prashant Jain says the correction in small- and mid-cap stocks is not over yet, while large caps now offer a more favourable risk-reward.
The ED conducted searches at the office of I-PAC and the home of its director Pratik Jain, in Kolkata as part of a money laundering probe into an alleged multi-crore rupee coal pilferage scam, official sources told PTI.
Real estate agent Deepak Kirit Shah was arrested, co-accused Rajesh Jain and Aditya are absconding, said a police official.
The restructuring at Dream Sports comes after the government's online gaming law disrupted the company's core business model, wiping out 95 percent of its revenue and all of its profits.
In a regulatory filing, CarTrade said the two companies have mutually decided not to move ahead with the proposed acquisition, ending months of discussions around one of the auto-tech sector’s biggest consolidation bets
The new Dream Sports Stadium office in Worli will bring all the company’s brands, including Dream11, FanCode, and Dream Game Studios under a single roof for the first time.
"Ten years ago, everyone wanted to do special or distressed situations. But the fact that we have a $520 million first close, with a majority of it global, in a performing credit strategy shows how LPs are now looking at India with a more nuanced lens," said Jain..
The Jain-led firm purchased 53.42 lakh shares at Rs 2,462 apiece in Adani Enterprises in three block deals, spending Rs 1,315.2 crore on the transaction
If completed, the merger will create one of India’s largest auto-tech platforms spanning car discovery, financing, insurance, and resale
After 15 months of time correction and fading excesses, the veteran investor believes the stage is set for steady, double-digit compounding — but cautions that investors must dial down expectations and stick with large caps.
“The demand for blue-collar workers has grown, while the supply has not kept pace. So, in a way, blue-collar wages have accelerated toward white-collar wages,” he added. “You can view it as a positive development—more people are being educated and employed, but it also highlights the need for better job creation in skilled sectors.”
The move comes four months after Gaurav Munjal stepped back from day-to-day roles, as Unacademy advances its succession plan and sharpens focus on unit economics
Tesla officially debuted in the Indian market on July 15 with the opening of its inaugural showroom in Mumbai.
Remarks of advocate Hitesh Jain, a member of the 23rd Law Commission came days after 56 former judges slammed the statement of 18 former judges, who had defended Reddy against Home Minister Shah's criticism.
Stocks to Watch, 29 August: Stocks like Reliance Industries, Hexaware Technologies, Lemon Tree Hotels, Afcons Infrastructure, Shukra Pharmaceuticals, One 97 Communications Paytm, Muthoot Finance, and CG Power and Industrial Solutions will be in focus on August 29.