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Indian law firm Trilegal has tapped rival Shardul Amarchand Mangaldas for a ninth partner this year, with capital markets lawyer Abhinav Maker joining in its Mumbai and New Delhi offices.
Eicher Motors sold 27,294 motorcycles in May 2021, against 19,113 motorcycles sold in May 2020. Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold 183,044 units of two-wheelers in the month of May 2021. Gujarat Gas reported a sharp increase in its consolidated profit at Rs350.86cr in Q4FY21 against Rs250.46cr in Q4FY20. Revenue jumped to Rs3,489.31cr from Rs2,722.17cr in the corresponding quarter of the previous fiscal. The company approved the acquisition or transfer of the city gas distribution business for Amritsar and Bhatinda Geographical Area as a goi...
Emerging investment instrument REIT seems to have finally gaining popularity among investors, with mutual funds investing a staggering Rs 3,972 crore in such units in 2020, a six-fold jump from the preceding year. Green Portfolio co-founder Divam Sharma said that with names like DLF, Brookfield and Godrej in the process of launching REIT, more interest from mutual funds in such offerings is expected in the coming years. He further said 2021 looks better from the standpoint of mutual funds investing in REITs, as business is seeing normalcy after a setback from COVID-19 in 2020. REITs and I...