Vodafone Idea (Vi) Shares in Focus as CEO Urges DoT for Urgent Equity Conversion Approval

Vodafone Idea (Vi) Shares in Focus as CEO Urges DoT for Urgent Equity Conversion Approval

Vodafone Idea (Vi) shares are expected to remain in focus on Monday as the company seeks urgent relief from the Department of Telecommunications (DoT) regarding its adjusted gross revenue (AGR) and spectrum purchase dues. Vi’s CEO, Akshaya Moondra, has reached out to DoT secretary Neeraj Mittal, requesting swift approval for the equity conversion of these…

Mutual Fund Stocks Under Pressure as Market Corrections Impact AUM Growth

Mutual Fund Stocks Under Pressure as Market Corrections Impact AUM Growth

Asset management companies (AMCs) have been among the biggest beneficiaries of India’s rising equity penetration, especially in the post-pandemic years. Over the past five years, their assets under management (AUM) have surged over 200%, and in the last two years alone, AMC stocks have delivered impressive returns. However, the current market correction has put mutual…

Mutual Fund Stocks Under Pressure as Market Corrections Impact AUM Growth

Mutual Fund Stocks Under Pressure as Market Corrections Impact AUM Growth

Asset management companies (AMCs) have been among the biggest beneficiaries of India’s rising equity penetration, especially since the pandemic. Over the past five years, their assets under management (AUM) have surged more than 200%, and in the last two years alone, stocks of these companies have delivered impressive returns. However, recent market corrections have brought…