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Marcellus Investment Managers PMS AUM fell 64% to Rs 4,734 crore. Founder Saurabh Mukherjea welcomed criticism, citing past failures as learning experiences. The funds consistent compounders portfolio delivered a 17.4% CAGR, aligning with EPS growth. Marcellus acknowledged valuation missteps but expects a recovery.
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Global trust in the US, under Trump's leadership, is irrecoverably damaged due to his erratic actions and unreliable words. Notable global figures like Lech Walesa criticize America's stance on Ukraine. Trumps alignment with controversial leaders and nations disrupts geostrategic stability, shaking international confidence in America's moral standing.
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An SME IPO saw over 400x subscriptions last year but later plunged 50%, raising concerns over sustainability. Sebi introduced stricter norms, capping OFS at 20% and mandating profitability criteria. IPO proceeds can't repay promoter loans, reducing misuse. SME IPO subscriptions have since dropped sharply, curbing grey market activity.
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News and Media
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