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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The financial services conglomerate, with its extensive network of agents and branches, could help cut the reliance on third-party distributors.
Last week, the Securities and Exchange Board of India granted final approval to Bajaj Finserv to launch its mutual funds business. The long-awaited clearance comes over a year after the capital markets regulator granted an in-principle licence to the financial services group to set up an asset management company.
Bajaj Finserv Asset Management Ltd has, in this time, been silently building its team. It has appointed Ganesh Mohan, the former head of corporate strategy at Bajaj Finserv, as the chief executive officer. Other significant hires include former ICICI Prudential AMC executive Aniruddha Chaudhuri as sales head and Canara Robeco MF’s …
Lenders stand to gain a lot more than borrowers in the current challenging market environment
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
A dismal track record in portfolio management services doesn’t help the firm as it takes its first steps in a crowded industry dominated by some heavyweights.
