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Sensex, Nifty Pre-Market Cues: All You Need To Know Going Into Trade On July 5 - Vimarsana News

Sensex, Nifty Pre-Market Cues: All You Need To Know Going Into Trade On July 5

10:30am: Markit India PMI Composite for June, prior 48.1 Stocks To Watch HDFC: During the quarter ended June 30, the profit on sale of investments was Rs 263 crore compared to Rs 1,241 crore last year. This was on account of the corporation's entire stake sale in its associate company, Good Host Spaces for Rs 54 crore and part stake sale of HDFC ERGO General Insurance Company for Rs 209 crore. Gross income from dividend for the quarter was Rs 16 crore compared to Rs 298 crore last year. Further, the corporation assigned loans to HDFC Bank amounting to Rs 5,489 crore during the quarter. Indivi...

IIFL Wealth Management update on composite scheme of arrangement - Vimarsana News

IIFL Wealth Management update on composite scheme of arrangement

IIFL Wealth Management (IIFLW) announced the successful migration of the entire Broking, DP, Distribution activities, operations, system and process from IIFLW to wholly owned subsidiary, IIFL Wealth Distribution Services (IIFLWDSL)from 03 May 2021, pursuant to the composite scheme of arrangement as approved by the NCLT. Accordingly, the Broking, DP and distribution activities of IIFLW are being conducted under IIFLWDSL. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Stand...