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Motilal Oswal Financial Services was set up by Motilal Oswal and Raamdeo Agrawal as a broking house in 1987. [5] The company entered into investment banking in 2005, followed by private equity fund in 2006. [6] In February 2006, the company acquired Peninsular Capital Markets, a Cochin, Kerala based broking company for Rs. 35 crore. [7]
The stock price of Google’s parent company, Alphabet, rose 2.5% even with China’s antitrust investigation. The company released its latest earnings report after trading ended for the day.
However, instead of joining the family trade, Oswal decided to pursue formal education. He studied at the SPU Jain College in Falna before moving to Mumbai to study CA. In 1987, during his stay at a Mumbai hostel, the Rajasthan Vidyarthi grih Oswal met Raamdeo Agarwal, his friend with whom he later founded Motilal Oswal Financial Services. [2]
National Spot Exchange Limited (NSEL) case relates to a payment default at the National Spot Exchange Limited that occurred in 2013 involving Financial Technologies India Ltd, when a payment default took place after a commodities market regulator, the Forward Markets Commission (FMC), directed NSEL to stop launching contracts.
Ola Electric was established in 2017 as a wholly-owned subsidiary of ANI Technologies, the parent entity of Ola Cabs. [10] [11] The company was started to reduce emission and fuel dependency of Ola's cabs, and shift to mass electric mobility; a pilot program was launched in Nagpur in May 2017 by setting up charging stations across the city and procuring electric cabs, e-buses, and e-rickshaws ...
[1] Monte Carlo Fashions limited is selling its apparel products under the brand name of Monte Carlo [2] [3] [4] which was established in 1984 [5] [6] by Oswal Woollen Mills Limited [5] and is owned by parent company Nahar Group [7] based in Ludhiana, Punjab. Jawahar Lal Oswal Jain is the chairman and managing director of the company.
Here it functioned as a bilingual weekly, publishing news and views in English and Bengali. Its anti-government views and vast influence among the people was a thorn in the flesh of the government. Lord Lytton, the Viceroy of India promulgated the Vernacular Press Act on 1878 mainly against ABP. The Patrika became a daily in 1891. It was the ...