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ETMarkets Smart Talk: Want to build a portfolio? Look in small & midcap space: Arvind Kothari

“In the current times, one can find immense opportunities in the small-mid cap space that can be a huge beneficiary as profit growth can be really high,” says Arvind Kothari, smallcase manager and Founder of Niveshaay. In an interview with ETMarkets, Kothari who has over 12 years of experience in Equity Research and Investment Advisory, …

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Mahindra Logistics Q1 Results: Profit soars 4-fold on higher revenue

New Delhi/Mumbai: on Friday reported an over four-fold increase in consolidated profit after tax to Rs 13.64 crore for the first quarter ended June 30 on the back of higher revenue. The company had posted a consolidated net profit of Rs 3.04 crore in the corresponding period last fiscal, Mahindra Logistics Ltd (MLL) said in …

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Zee Entertainment’s merger with Sony Pictures Networks gets NSE & BSE approval

Zee Entertainment on Friday said it has received approval from stock exchanges BSE and NSE for its proposed merger with Sony Pictures Networks India. The proposed merger with Culver Max Entertainment Private Limited (formerly Sony Pictures Networks India) has been approved by Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), said a statement from …

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Sebi penalises BSE for its subsidiary buying stake in Indus Water without prior approval

Sebi on Friday imposed a penalty of Rs 3 lakh on BSE Ltd for indirectly engaging in works that were unrelated to its activities as a stock exchange without the regulator’s approval. The order came after Sebi examined investments made by BSE Ltd to ascertain whether the firm had engaged in activities which were not …

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FanTiger launches first Music NFT with Punjabi star Sunanda Sharma

New Delhi: FanTiger has launched its debut music NFT with renowned Punjabi singer and actress Sunanda Sharma on its official website. FanTiger claims to be India’s first dedicated music NFT marketplace. With this launch, Sunanda Sharma has become the first female Punjabi singer to enter the NFT space. She has launched her song ‘9-9 Mashukan’ …

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Sebi defers implementation of mutual fund holders nomination rules till Oct 1

Markets regulator Sebi on Friday deferred the implementation of rules pertaining to nomination for mutual fund holders till October 1. The rules, which mandate investors, subscribing to mutual fund units, to submit details of nomination or opting out of nomination, was to come into force August 1. Now, investors, who are subscribing to mutual fund …

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Sensex extends rally to 3rd straight day, rises 712 pts; Nifty reclaims 17,100

Benchmark BSE Sensex and Nifty spurted over 1 per cent to extend their winning run to a third day on Friday following buying in index majors Reliance Industries, Infosys and HDFC twins. The 30-share BSE barometer jumped 712.46 points or 1.25 per cent to settle at 57,570.25. During the day, it rallied 761.48 points or …

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Kotak joins Jefferies & Credit Suisse to turn bullish on Zomato; sees 75% upside

New Delhi: After strong targets for by global brokerages, domestic brokerage Kotak Institutional Equities (KIE) believes that the worst is over for the stock and the present decline is overdone. The domestic broker said the slump in the stock prices was triggered by the expiry of the lock-in period for shares held by insiders and …

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