Ambit Global Private Client has completed the final close of Poonawalla Vision Fund I at around Rs 1,000 crore after strong investor demand led to quick oversubscription. Backed by the Poonawalla family, the Category II AIF focuses on mid- to late-stage profitable companies across BFSI, consumer and business services, and will invest across private and select public market opportunities.Read More
Sebi has cancelled the licence of research analyst Purooskhan after finding his registration was misused by an unregistered advisory firm promising sure-shot returns. Despite claiming no involvement, he admitted to sharing his email password and confirmed he now runs a grocery shop, prompting the regulator to terminate his registration.Read More
Mutual funds have steadily increased their holdings in 22 midcap stocks over the past four quarters. Several of these stocks delivered strong one-year returns, with select names rallying up to 90%, highlighting the importance of tracking institutional investment trends.Read More
Samir Arora says Indian equities have beaten gold and US markets over 27 years, with Nifty 50 TRI delivering 1,922% returns despite recent global underperformance.Read More
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