Cholamandalam Investment and Finance Company Ltd. reported a net profit of ₹1,259 crore in the March quarter, which was 3.91% higher than CNBC-TV18 poll estimate of ₹1,211.6 crore. On a year-on-year basis, the net profit increased 18% from ₹1,065 crore last year. The company’s net interest income (NII) rose 30% on-year to ₹3,056 crore, although
According to the Association of Investment Companies (AIC), the private equity trust sector has produced the best share-price returns of any sector over one, five and ten years. Over five years, it has done nearly twice as well as the second-best sector, North America, and over ten years, at 534%, nearly two-and-a-half times as well.
On a chilly winter night, a few dozen people gathered inside a graffiti-clad building in the Carabanchel district of Madrid. Nearly everyone was in the midst of a dispute with their landlord, but these weren’t typical gripes about leaky pipes. They had come to commiserate about the American investment banks and private equity funds that
In brief Rockaway X has raised $125 million for its latest early-stage venture capital fund. The fund will primarily support projects building on Solana. The firm’s push to invest in projects building on Solana comes at a time when users’ interest in the layer 1 blockchain is cooling. Investment firm RockawayX has successfully secured $125
This article was written by Follow Julian Lin is a financial analyst. He finds undervalued companies with secular growth that appreciate over time. His approach is to look for companies with strong balance sheets and management teams in sectors with long growth runways. Julian is the leader of the investing group Best Of Breed Growth
As biopharma companies increase investments in U.S. manufacturing, they’re adding scores of jobs in the manufacturing discipline, which could benefit people already working in that space and those who pivot to it. So far this year, five companies have announced they’re investing in U.S. manufacturing after President Donald Trump warned Big Pharma leaders he’d impose
nvestment from domestic and foreign investors grew roughly in line with expectations in the first quarter of this year at just shy of a quarter of this year’s annual target set by the National Development Planning Agency (Bappenas). Investment and Downstream Minister Rosan Roeslani revealed on Wednesday that realized investment in the first three months
Signed in April 2021, the act is in honor of the late Chief Mankiller and her widowed husband, Charlie Soap, who were known for their efforts in bringing running water to the community of Bell, Oklahoma. To date, the total allocation for funds is at $65 million. Through the investment, the tribe has modernized Chief
Top 10 Countries by Total AI Investment: Artificial Intelligence (AI) is here — so is the future. The AI global market grew to USD 279.22 billion in 2024 and is forecast to grow at a CAGR of 35.9% from 2025 to 2030 (Grand View Research). Driving the next technology revolution, private AI investment globally has
BOSTON — The Bruins’ two big offseason signings had down seasons in their first year in Boston. Elias Lindholm was signed to be the No. 1 center and provide scoring, while Nikita Zadorov added another big, physical body to the blue line. Lindholm got off to a slow start and couldn’t find much chemistry with