Deccan Cements to consolidate holding via preferential offer
Hyderabad: The promoters of Deccan Cements Ltd (DCL), the flagship of the Hyderabad-based DCL group, are planning to consolidate their equity holding in the company with the help of a preferential offer.
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HSE Securities gets BSE membership
Hyderabad: HSE Securities Ltd, the wholly-owned subsidiary floated by the Hyderabad Stock Exchange, has obtained the membership card of Bombay Stock Exchange. It already holds the membership of National Stock Exchange and is currently recording daily average turnover of around Rs 35 crore, both capital market and future and options segments put together.
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Assets under mutual funds up 7.7 percent in July
Mumbai: Assets managed by mutual funds in the country grew 7.7 per cent in July, data released by the Association of Mutual Funds in India (AMFI) shows. Assets under management (AUM) has risen by more than Rs 8,000 crore to Rs 1,12,841 crore at the end of the monsoon month.
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