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Discover the Secrets of Successful Investing: "Dhanveda – Learn & Earn"

  Webinar by Deena Mehta for Financial Professionals  Asit C Mehta Investment Intermediates Ltd (ACMIIL), a renowned provider of innovative investment ideas and products, is pleased to announce that financial markets and money management veteran Mrs. Deena Mehta, Managing Director, will be hosting a webinar titled "Dhanveda – Learn & Earn" on July 26, 2023, at 4:00 PM. The webinar aims to enlighten financial product agents and distributors with valuable insights from three influential books that can enhance their earnings and transform their investment strategies. During the webinar, Deena Mehta will delve into the three important books that are relevant to investing and that include “ Rich Dad Poor Dad” by Robert T Kiyosaki, “Psychology of Money” by Morgan Housel , and “Yogic Wealth” by Gaurav Mashruwala. Expressing her enthusiasm for the webinar, Mrs. Deena Mehta, the Managing Director of ACMIIL, said "In a world where financial professionals face increasin

ICE MAKE bags its largest work order worth INR 65.48 Cr

  WBLDCL, a Govt. Of West Bengal Undertaking  to build a greenfield modern dairy project at Haringhata Ice Make Refrigeration Limited (NSE: ICEMAKE), a leading supplier of innovative cooling solutions and manufacturer of over 50 refrigeration equipment in India, has achieved a significant milestone by securing its largest work order to date. The West Bengal Livestock Development Corporation Limited (WBLDCL), a government-owned corporation focused on the development and promotion of livestock in West Bengal, has awarded Ice Make Refrigeration Limited a contract worth INR 65.48 Crore   Under this contract, Ice Make will be responsible for the Dairy Project, which includes the design, supply, installation, and commissioning of civil, mechanical, and electrical work for 1.0 LLPD (expected to expand to 1.5 LLPD) on a turnkey basis at Haringhata in West Bengal.   Expressing his enthusiasm for this achievement, Mr. Chandrakant Patel, CMD of Ice Make Refrigeration Limited, stated "

Tailwind Financial Services hosts "Empower Your Next Gen" Seminar for family run-businesses

  SP Jain’s Dr. Parimal Merchant in his presentation "Generation Dynamics in Family Managed Businesses" shared unique insights Tailwind Financial Services, a modern wealth management platform dedicated to providing comprehensive investment solutions, hosted the "Empower Your Next Gen" event in Mumbai which drew a crowd of more than 200 family business owners and their children. The keynote speaker, Dr. Parimal Merchant, Director of Global Family Managed Business at SP Jain School of Global Management, shared unique insights and strategies aimed at helping family businesses establish a timeless legacy. Dr. Merchant's presentation titled " Generation Dynamics in Family Managed Businesses" emphasized the crucial role of family businesses in creating a lasting heritage. He also highlighted 10 distinct insights that identified different types of errors that can occur within family-run businesses. These errors encompassed expecting specific outcomes based

Insurtech Company launches Pentation OnePlatform for BFSI Companies

  Offers “Platform Analytics” to improve efficiency and profitability Pentation Analytics, a leading B2B Platform Analytics and AI/ML company that provides services to the BFSI industry, has launched one- of- its- kind - Pentation OnePlatform for helping financial companies to improve efficiency and achieve profitable growth. Chief Guest at the inaugural event Mrs Deena Mehta, former president of BSE Ltd and Managing Director at Asit C Mehta Financial Services Ltd said “In an era defined by rapid technological advancements, the financial sector finds itself at a crucial juncture. Traditional methods of operation are being challenged, and organizations must adapt or risk falling behind. Recognizing this need for transformation, Pentation Analytics has developed a game-changing solution tailored specifically for the BFSI industry in India. The use of this unique analytics platform in the Indian financial services sector will lead to more personalized, efficient, and secure financial s

ICE MAKE Consolidated net profit jumps 184%to Rs 20.80 cr in FY2023

Ø Consolidated Revenue grow 51.50 % to Rs 313.32 cr Ø   Board of Directors Recommend Rs. 1.80 per shares ( 18% of face value of Rs 10) Dividend for FY2023   2 June 2023 : Ice Make Refrigeration Limited (NSE: ICEMAKE), a leading supplier of innovative cooling solutions and manufacturer of 50 plus refrigeration equipments in India, has closed the fiscal year 2023 with robust financial performance.   ·        For the full year (FY23), the Company’s consolidated net profit jumped 184.05 % to Rs 20.80 crore in the financial year ended March 2023 as against Rs 7.32 crore during the previous year ended March 2022.   ·        The consolidated revenue grew 51.50 % to Rs 313.32 crore in the year ended March 2023 as against Rs 206.80 crore during the previous year ended March 2022.   ·        For the quarter ended March 2023 (Q423), The Company’s Consolidated net profit rose 56.02% to Rs 8.63 crore in as against Rs 5.53 crore during the previous quarter ended March 2022 (Q

ACM plans to expand its MFDs network in West Bengal and North East

  Asit C. Mehta Investment Intermediates Ltd (ACMIIL), a subsidiary of Asit C Mehta Financial Services Ltd, (ACMFSL), (BSE- 530723 | ASITCFIN), one of the leading fintech conglomerates in Indian equity markets, is expanding its mutual fund distribution (MFDs) network to introduce its financial products and cater to growing investment needs of retail and HNI investors in West Bengal and North East. As per AMFI, West Bengal is one of the top states investing in the mutual fund industry having their AUM at over Rs 2.12 lk crore, apiece. However, the state has a huge scope to get more people to invest and needs efforts to add more distributors in rural and semi urban regions that will help spread the reach. Also, if you look at the data from the North East the mutual fund AUM size in each state is currently far less and which is in the range of Rs 700 crore to Rs 20000 crore, only.   Anand Varadarajan – Director –Asit C. Mehta Investment Intermediates Ltd (ACMIIL), says “ ACMIIL i

ACMIIL appoints Mr. Prashant S Vaishampayan as Head of Research, Institutional Equities

  Asit C Mehta Investment Intermediates ltd, subsidiary of Asit C. Mehta Financial Services Ltd ( ACMFSL ), (BSE-530723| ASITCFIN), one of the leading fintech conglomerates in Indian equity markets, has appointed Mr. Prashant S Vaishampayan as Head of Research, Institutional Equities. Chartered Accountant All India 13th rank, Prashant is registered with SEBI as an Investment Advisor and Research Analyst.  In his new role at ACMIIL, he will spearhead developing and presenting investment ideas and the fundamentals research. He brings a rich experience of two decades that includes Associate Director at Kotak Securities Institutional Equities research and UBS Investment Bank India Institutional Equities research, Senior Investment Analyst at SG Securities India, and Investment Analyst with Jardine Fleming India. Welcoming Prashant on board, Mrs. Deena Mehta, Managing Director, ACMIIL, said “We are confident his successful research experience of picking long term multibagger stoc

ACM launches ACE-ElectriciBasket for investments in EV theme

  Asit C Mehta Investment Interrmediats ltd, subsidiary of Asit C. Mehta Financial Services Ltd ( ACMFSL ), (BSE- 530723 | ASITCFIN), one of the leading fintech conglomerates in Indian equity markets, has launched ACE-Electric iBasket for investment in companies that are expected to benefit from thetransition and growth of electric vehicles(EVs)in India with a very systematic and professional approach. Mr. Anand Varadarajan, Director, Asit C Mehta Investment Interrmediats, said “The Indian market for EVs is expected to explode over this decade at an estimated compounded annual growth rate  (CAGR) of 49%.  The Government of India has set an  ambitious target of 30%  market share of EV vehicles by 2030. This would translate to about  5 crores to 8 crores  EVs on the road by 2030. It is expected that a total  investment of Rs 14 lac crores  would be made by 2030 to achieve this target. The ACE-Electric iBasket consists of  24 companies  that are direct or indirect beneficiaries of