One97 Communications Ltd shares, the parent company of Paytm, fell 1.82% on Wednesday after the board approved the share buyback plan at the maximum price of Rs 810 per share, totalling Rs 850 crore. The share buyback will occur in the open market through the stock exchanges’ order-matching mechanism. Based on the minimum and maximum […]
Portfolio managers have seen a fourth of their clients drop off over the course of the previous three years amid an increase in ticket size and sub-par returns. Portfolio management services (PMS) providers had 161,465 clients in November 2019. That fell 25% to 120,978 as of November 2022, data from a monthly regulatory bulletin showed. […]