Jefferies plans India mutual fund foray, joining global giants

Jefferies Financial Group Inc. plans entry into India’s asset-management industry, recruiting Milind Barve to guide strategy amid rising competition.

Jefferies Financial Group Inc. plans entry into India’s asset-management industry, recruiting Milind Barve to guide strategy amid rising competition.

SEBI approves IPO plans for Wakefit and Lenskart, enabling the home solutions and eyewear firms to raise capital through India’s stock market, with proceeds set to fund expansion, technology upgrades, and new store openings.

AMD’s AI GPU revenue is expected to reach $6.55 billion this year and the deal with OpenAI will be accretive from next year and accelerate from 2027. Executives expect the deal to take AMD’s overall topline past $100 billion but…

Groww acquires Fisdom after SEBI approval, launching ‘W’ for HNIs and affluent investors. Learn about Groww’s IPO plans and expansion in wealth management.

Domestic gross advances climbed 14.62% to ₹5,96,794 crore from ₹5,20,653 crore as of September 2024. Shares of Bank of India Ltd ended at ₹125.90, up by ₹0.40, or 0.32%, on the BSE.

The company also acquired Ambika Pathology Laboratory, Kolhapur, on September 18, to strengthen its presence in Western Maharashtra and set up a mini reference laboratory for surrounding districts.

Under this agreement, LTIMindtree will support the client’s digital transformation initiatives aimed at streamlining operations and modernising delivery models. The partnership will incorporate automation, process optimisation, and vendor consolidation to enhance efficiency and service quality. Shares of LTIMindtree Ltd ended…

Brigade Enterprises has signed a joint development agreement for a 6.6-acre prime land parcel in West Chennai.

Deflazacort oral suspension is indicated for the treatment of Duchenne Muscular Dystrophy (DMD) in patients aged five years and older. Shares of Zydus Lifesciences Ltd ended at ₹994.55, up by ₹5.80, or 0.59%, on the BSE.

Among sectoral indices, Nifty IT was the top performer, up 2%, as the market geared up for the start of the earnings season.