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Baroda Asset Management appoints Suresh Soni as CEO

Baroda Asset Management appoints Suresh Soni as CEO
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

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Investors richer by Rs 1.8L cr as bulls give Sensex 515-point lift on recovery hopes

Heavyweights Reliance Industries, HDFC Bank, ICICI Bank and ITC were in high demand, boosting the sentiment on Dalal Street. ....

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BNP Paribas AMC launches Aqua Fund of Fund

BNP Paribas AMC launches Aqua Fund of Fund
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Last Updated: Apr 21, 2021, 05:23 PM IST
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BNP Paribas Asset Management has launched the New Fund Offer (NFO) of BNP Paribas Funds Aqua Fund of Fund.
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BNP Paribas Asset Management has launched the New Fund Offer (NFO) of BNP Paribas Funds Aqua Fund of Fund. This is an open-ended Fund of Fund scheme that invests in units of BNP Paribas Funds Aqua (Lux) which invests in global companies that are part of the growing global water value chain. The NFO is available for subscription from till April 30.
BNP Paribas Funds Aqua Fund of Fund will re-open for ongoing subscriptions within five business days from the date of allotment. ....

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India: Flipkart stares at a dent in valuations  ahead  of listing

India: Flipkart stares at a dent in valuations ahead of listing
FILE PHOTO: The logo of Flipkart is seen on the company s office in Bengaluru, India, May 9, 2018. REUTERS/Abhishek N. Chinnappa/File photo
March 8, 2021
Walmart Inc.-owned Flipkart is exploring going public in the US through a merger with a blank-cheque company, according to a Bloomberg report. Flipkart’s advisers have approached several special-purpose acquisition companies, or SPACs, with a view to quickening its listing process. The valuation being sought is at least $35 billion, the report added.
News reports just six months ago had said Flipkart is eyeing an IPO (initial public offering) at a valuation of $45-50 billion. Of course, there is no official word about these valuation numbers but, as it turns out, tech stocks have indeed corrected in the past month. ....

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Max Life Insurance and YES BANK celebrate 16 years of strategic Bancassurance partnership

New Delhi [India], March 8 (ANI/NewsVoir): Max Life Insurance Co. Ltd and YES BANK Limited today marked an important business milestone upon completing 16 years of their strategic bancassurance partnership.
Celebrating the milestone, the two companies have reiterated their commitment towards building a digitally enabled ecosystem that provides customers with a seamless experience in their financial planning and protection journey.
Over the last sixteen years, the companies together have sold approximately 3.89 lakh policies, and offered sum assured worth Rs 51,780 crores to policyholders and their families.
Commenting on the milestone, Prashant Tripathy, Managing Director and CEO, Max Life, said, The industry has been through an unprecedented period over the last one year, and it is on the back of long-standing and successful partnerships like YES BANK-Max Life that we have grown and served our customers without disruption. ....

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