India’s AMC Sector on Fire: Mega IPOs from SBI & ICICI Prudential in the Pipeline
SBI AMC and ICICI Prudential AMC are gearing up for their highly anticipated IPOs in 2025, marking a significant moment in India's asset management industry. These IPOs present attractive opportunities for investors to tap into the fast-growing mutual fund sector, which remains a hot bet due to rising financial awareness and increasing participation from retail and institutional investors.
CSK’s Stunning 1000% Dividend Declaration
Chennai Super Kings Cricket Limited (CSK) has declared an extraordinary 1000% dividend, amounting to Re. 1 per equity share with a face value of just Re. 0.10 each for the fiscal year ended March 31, 2025. This remarkable payout arrives as the final dividend recommended by CSK’s Board of Directors and is set to be distributed to shareholders upon approval at the upcoming Annual General Meeting.