Friday, August 14
Quant Mutual Fund has announced the appointment of Mahendra Jajoo, a veteran fund manager, as whole-time director on the AMC board, effective from January 14, 2026. The fund house informed its unitholders of this through a notice-cum-addendum.Before his appointment at Quant Money Managers Limited, he served as Chief Investment Officer – Fixed Income at Mirae Asset Investment Managers India, playing a key role in overseeing various debt schemes at Mirae Asset Mutual Fund.Also Read | Crypto market expects regulatory clarity and tax rationalisation from Budget 2026He has over 30 years of extensive experience, having worked at esteemed institutions such as ICICI, ABN AMRO, and Tata Group. His career also includes tenures with Pramerica Asset Managers, Tata Asset Management, and ABN AMRO Asse
The grey market is flashing loud signals ahead of Bharat Coking Coal Ltd’s stock-market debut, with the IPO commanding a premium that points to a potential 54% listing gain even after a last-minute delay pushed the listing to Monday. For investors who piled into one of the most heavily subscribed PSU offerings in recent memory, the question now is not whether demand was strong, but whether the froth can sustain once the stock hits the exchanges.As of Sunday morning, January 18, the grey market premium for the Bharat Coking Coal IPO stood at Rs 12.4, implying an estimated listing price of about Rs 35.4 against the issue price of Rs 23 per share. That translates into an expected upside of 53.91%, according to grey market data, reflecting the intensity of unofficial market interest a day be
Four Venezuelan banks were notified this week by the country's government that they will split $300 million of oil revenues deposited in an account in Qatar, enabling them to sell dollars to Venezuelan companies that need foreign exchange to pay for materials, two financial sources and an analyst said. The injection of foreign capital comes after weeks of tightening supplies of dollars, as the U.S. seized Venezuelan oil tankers and hit the country's top revenue flow. Venezuelan companies needing to import raw materials have long had to exchange their local bolivars for dollars held by the central bank, after being generated by oil sales and through transactions made with foreign credit cards within the country. Venezuela's interim president, Delcy Rodriguez, said on Friday that
