Kotak

UCITS is a regulatory framework of the European Commission for management and sale of mutual funds

Lack of near-term visibility on profitability for the core business is another concern about Indian firm

With this new fund, KIAL has raised, managed or advised more than $3.3 billion under its real estate fund series

Brokerage says IT services firms score over cement on key parameters such as return on average capital employed, free cash flow to Ebitda ratio, dividend, and buyback payouts vis-a-vis PAT

Kotak Investment plans to complete the fundraising by the end of this year and to embark on its investment in 2023, focusing on residential property in India's top five cities

Volatility in commodity prices and rise in competitive intensity are expected to weigh on margins

Even some big-ticket deals such as the LIC IPO did not generate higher fees

Despite the price hikes, margins continued to be under pressure in the quarter

Over 2,300 distributors use the FundExpert Fintech platform to manage mutual fund portfolios worth over Rs 15,000 crore

Raw material pressures and lack of pricing power key reasons for this view

It also intends to invest some money into co-investment opportunities available from such investee funds

SBI Q1: Projections on the quantum of decline in net profit vary widely across brokerages as they see a sequential slide anywhere between 7 per cent and 51 per cent

Analysts expect the Gurgaon-based firm's net loss to contract to Rs 315 crore in Q1FY23 from Rs 360.7 crore in the year-ago period.

The SoftBank-backed company expects to turn cash-flow positive in three quarters and highlighted that it has more than 60,000 scooters on the road, according to a Kotak Institutional equities report

IPL valuation bump-up limits downside in stock

Peaking of inflation, analysts believe, could put a cap on bond yields and a floor on equity valuations

The fund will have a diversified investment universe and be sector-agnostic

The resolution process of IL&FS started three and half years ago after a new management was appointed by the government

Investment will be in Compulsorily Convertible Debentures, which turn into equity based on Sify's operational performance over a specified period

25% of the collections came from Tier-II towns and more than 10% of the 150,000 applications received came via SIPs