The next acquisition, in 2019, was of the industrial mixing division of Sudarshan Chemicals, which bolstered its portfolio of Mavag products in India. Then in 2020 GMM acquired the assets of De Dietrich Process Systems (DDPS), the other global glass-lined equipment maker in India. … [Read more...] about Multibagger bet! 4 reasons why Saurabh Mukherjea’s Marcellus prefers GMM Pfaudler
Saurabh mukherjea qualification
No exit load will be charged if up to 10 percent of the units are redeemed or switched out within 1 year from the date of allotment. If more than 10 percent of the units are redeemed/switched out within 1 year from the date of allotment, an exit load of 1 percent will be charged. No exit load will be charged for units redeemed/switched after 1 year from the date of allotment, Invesco said. … [Read more...] about Invesco Mutual Fund launches Focused 20 equity fund
"Gold has become the go-to asset for investors in times of uncertainty. It has been on a ride with absolute returns of 40 percent year-to-date. Low yields in the US treasuries, low-interest rates and massive amount of liquidity pushed by major central banks across the globe has resulted in euphoria for the yellow metal," Prathamesh Mallya, AVP- Research, Non-Agri Commodities and Currencies at Angel Broking said. … [Read more...] about Increase in LTV ratio negative for gold loan financing firms, but good for banks: Experts
Payment of relief has been enhanced to 50 percent of average wages from 25 percent earlier, payable up to a maximum of 90 days of unemployment, as per the ESIC. Instead of the relief becoming payable 90 days after unemployment, it will become due for payment after 30 days. … [Read more...] about Labour Ministry relaxes eligibility conditions for ESIC’s Atal Bimit Vyakti Kalyan Yojana
A focused fund comes with a concentrated portfolio of stocks. A fund manager is required to take high-conviction calls to outperform with a small set of stocks. In a typical focused fund, a high-conviction stock bet can be 5-10 per cent of the scheme’s corpus. If such stock bets do well, it can translate to sharp returns for investors. … [Read more...] about Invesco India Focused 20 Equity NFO: Should you invest?