Vikas Khemani’s Carnelian Asset Management receives SEBI approval

Carnelian Asset Management & Advisors, founded by market veteran Vikas Khemani, received SEBI approval to launch its mutual fund business. The move will allow the firm to offer active and passive investment products across equity, debt and hybrid categories, expanding its presence beyond PMS, AI

Canara Robeco Asset Management shares jumped after the company reported a strong Q1FY27, driven by robust revenue growth, improved profitability, and steady expansion in assets under management (AUM). Revenue from operations rose 20% YoY to ₹116.2 crore, boosting investor confidence and driving the

Indian government bonds weakened in early trade as oil prices extended gains. Rising crude prices could widen India's trade deficit and stoke inflationary pressure. Bargain buying and state-run bank bids limited the losses in the domestic bond market. Hopes of a peace deal and RBI foreign exchange m

MedPlus Health Services shares tumbled after the company reported a weaker-than-expected Q1FY27. Despite healthy 21.9% revenue growth to ₹1,880 crore, investors were disappointed by the profitability miss. Brokerage Nomura maintained its 'Buy' rating, highlighting MedPlus' long-term growth potential

Nestle India Q1 Results: The company’s revenue from operations for the quarter under review stood at Rs 6,378 crore, marking a 25% year-on-year (YoY) increase from Rs 5,096 crore, Nestle said in a regulatory filing.