HSBC MF enters the Rs. 1-trn AUM club The mutual fund (MF) industry now has fourteen fund houses with assets under management (AUM) of over Rs. 1-trillion with HSBC MF becoming the latest entrant to the club, according to a release by the fund house. Active debt schemes account for 45 per… Continue reading HSBC MF enters Rs 1-trn AUM club; Sebi NSDL IPO in abeyance
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Torrent enters e-mobility infra space; sets 4 charging stations in Gujarat
More cities will be added to the list in the near future, the company said. Torrent Power on Thursday said it has forayed into the electric mobility infrastructure segment with four charging stations in Gujarat. The first set of charging stations have been installed in Ahmedabad, Torrent Power said in a statement on… Continue reading Torrent enters e-mobility infra space; sets 4 charging stations in Gujarat
Yankees’ Domingo German voluntarily enters treatment facility for alcohol abuse
The New York Yankees announced starter Domingo German, who threw the 24the perfect game in MLB history earlier this season, has been placed on the restricted list after voluntarily entering a treatment facility for alcohol abuse. “Domingo German has agreed today to voluntarily submit to inpatient treatment for alcohol abuse,” the Yankees said on X,… Continue reading Yankees’ Domingo German voluntarily enters treatment facility for alcohol abuse
PE firm ChrysCapital enters race for Glenmark Life Sciences acquisition
Private equity firm ChrysCapital is now a contender for the acquisition of Glenmark Life Sciences, having placed a binding offer for the company that could amount to as much as Rs 7,000 crore, according to banking sources. Notably, Nirma, a detergent to chemicals manufacturer, and Sekhmet Pharmaventures have also submitted binding bids for the… Continue reading PE firm ChrysCapital enters race for Glenmark Life Sciences acquisition