Markets watchdog Sebi on Friday proposed allowing investment advisers and research analysts to use liquid mutual fund units, with a lien marked in favour of the regulatory body, to meet their deposit requirements. This would be in addition to the option to maintain the deposit with the bank.
Consolidated net profit of Birla Corporation Limited, the flagship company of M P Birla group, increased 32.7 per cent at Rs 256.60 crore during the fourth quarter of 2024-25 as compared to Rs 193.34 crore in the corresponding previous period.
Manappuram Finance reported a 203 crore consolidated Q4 loss due to severe stress at Asirvad Micro Finance. Standalone profit dipped slightly, while a 500 crore equity infusion was announced to support the troubled subsidiary.
Cholamandalam Financial Holdings Ltd has reported a consolidated profit after tax of Rs 1,362.18 crore for the January-March 2025 quarter, the company said on Friday.
Markets regulator Sebi on Friday proposed tweaking its format for disclosure of corporate governance framework by High Value Debt Listed Entities (HVDLE). An entity having outstanding value of listed non-convertible debt securities of Rs 1,000 crore are referred to as 'High Value Debt Listed Entities'.
