MF industry expects AUM to reach Rs 35 lakh cr in 5 yrs
SME Times News Bureau | 20 Feb, 2017
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| With growing retail participation, low interest rates, digitisation and introduction of new products, the mutual fund industry is expecting to double its assets under management (AUM) to Rs 35 lakh crore over the next five years, industry players said on Saturday.. |
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Indian Hotels net up 59 pc in Q3
SME Times News Bureau | 04 Feb, 2017
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| Indian Hotels Company, a Tata Group firm, on Friday reported a 59 percent jump in its standalone net profit at Rs 92 crore for the quarter ended December 31, as compared to Rs 58 crore in the same period last year.. |
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Tourism sector still largely unexplored: FM
SME Times News Bureau | 22 Sep, 2016
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| Given its geography and rich cultural diversity, India has every reason to attract many more tourists than it at present does, but the sector remains largely unexplored, Union Finance Minister Arun Jaitley said on Wednesday.. |
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HDFC Q4 net jumps 31 percent to Rs.3,460 cr
SME Times News Bureau | 03 May, 2016
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| Housing Development Finance Corp (HDFC) on Monday reported a 30.76 percent rise in consolidated net profit at Rs.3,460.46 crore for the forth quarter ended March, as against Rs.2,646.35 crore in the same quarter of 2014-15.. |
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Media, entertainment can be USD 100 bn industry: CII
SME Times News Bureau | 19 Oct, 2015
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| Indian media and entertainment industry has the potential to log USD 100 billion (Rs.650,000 crore) turn over by 2025 provided it gets adequate infrastructure and government support, the Confederation of Indian Industry (CII) said on Sunday.. |
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