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AXIS Capital Holdings Limited (NYSE:AXS – Get Free Report) announced a quarterly dividend on Thursday, February 22nd, Wall Street Journal reports. Shareholders of record on Monday, March 4th will be given a dividend of 0.44 per share by the insurance provider on Thursday, April 18th. This represents a $1.76 dividend on an annualized basis and […]
Indias mutual fund industry has doubled its AUM in just four years to reach a landmark Rs 50 lakh crore in December 2023. Prior to this, the industry took five years to double its AUM from Rs 12 lakh crore to Rs 25 lakh crore.
Brokerage firm Macquarie has a neutral rating on Maruti Suzuki, Axis Capital downgraded ABB India to reduce, CLSA has an underperform rating on Asian Paints and Citigroup initiated a buy on Honasa Consumer (Mamaearth).
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Bharat Highways Invit has priced the IPO in the range of Rs 98-100 per unit with the issue opening on February 28. The infra-investment trust is offering units worth Rs 2,500 crore through the IPO. About 75% of the issue will be available for allocation on a proportionate basis to institutional investors, and 25% will be available for non-institutional investors.