 "AMC")
The Bombay High court on Tuesday temporarily restrained Zee Entertainment Enterprises' top investor Invesco from calling a shareholder meeting. More on that story in out top headlines this evening.
Indian AMCs log highest-ever profit in FY21
Indian AMCs log highest-ever profit in FY21
Indian asset management companies (AMC) logged their highest-ever net profit this financial year when equity markets surged, investments flowed and expenses fell.
Companies reported combined profits of Rs 6,859 crore for the 12-month period ended March 2021, according to data compiled by mutual fund tracking firm Value Research. The amount was 31 per cent higher than Rs 5,232 crore in the last financial
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