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New asset class to foster innovation, raise competition, say experts

Industry experts believe it may eat into some of the existing assets of MFs, PMS

New asset class to foster innovation, raise competition, say experts
Updated On : 17 Jul 2024 | 8:47 PM IST

Supermart major Vishal Mega Mart makes confidential filing for $1bn-IPO

VMM is fully owned by private equity (PE) players. In 2014, Partners Group and Kedaara Capital had completed the acquisition of the fashion-focused retailer from TPG Capital and the Shriram Group

Supermart major Vishal Mega Mart makes confidential filing for $1bn-IPO
Updated On : 17 Jul 2024 | 8:27 PM IST

Crude oil prices steady amid falling US inventories, China concerns

Brent crude oil futures were up 33 cents, or 0.39%, at $84.06 a barrel by 1204 GMT. U.S. West Texas Intermediate crude futures were up 51 cents, or 0.63%, at $81.27

Crude oil prices steady amid falling US inventories, China concerns
Updated On : 17 Jul 2024 | 7:25 PM IST

Higher discretionary sales, store growth key for gains in Avenue Supermarts

Consolidated net profit rose 17.5% Y-o-Y in Q1FY25 helped by general merchandise and apparel sales

Higher discretionary sales, store growth key for gains in Avenue Supermarts
Updated On : 17 Jul 2024 | 7:16 PM IST