Latest news with #A.Balasubramanian
Economic Times
07-07-2025
- Business
- Economic Times
Aditya Birla Sun Life AMC announces first close of ABSL Structured Opportunities Fund Series 2
Synopsis Aditya Birla Sun Life AMC achieved the first close of its Structured Opportunities Fund – Series II, raising ₹700 crore. The fund targets ₹2,500 crore to invest in structured credit for mid-to-large corporates across asset-heavy sectors, aiming mid-teens IRR. Aditya Birla Sun Life AMC's AIF raises ₹700 crore in first close; targets ₹2,500 crore to support structured credit deals in growth-focused sectors. Aditya Birla Sun Life AMC has announced the first close of its Structured Opportunities Fund – Series II, a Category II Alternative Investment Fund (AIF), raising Rs 700 crore, including co-investments. The fund aims to raise Rs 1,250 crore with a greenshoe option of an additional Rs 1,250 crore, aiming for a total possible mobilization of Rs 2,500 fund, managed by Amit Kansal, Head Alternate Investments – Fixed Income, focuses on performing credit opportunities, offering bespoke capital solutions across growth, strategic, and opportunistic requirements. Also Read | Mutual fund SIP guide: How to invest for the rest of 2025 With an emphasis on structured credit transactions for mid-to-large corporates in asset-heavy sectors like manufacturing, infrastructure and industrials, the fund seeks to build a diversified portfolio of 10–12 investments targeting mid-teens internal rate of return (IRR) range, a press release the extensive experience in the credit space and a robust governance framework, the fund has already deployed part of the committed capital across select opportunities in sectors such as chemicals, auto and financials. These deals are backed by well-established sponsor groups and feature strong collateral and cash flow profiles, aligning with the fund's 4C investment philosophy – Character, Capacity, Collateral and Cashflows, the release said. 'The successful first close of our Structured Opportunities Fund – Series II is a strong endorsement of the trust placed in us by investors seeking attractive risk adjusted returns in the private credit space. This maiden strategy is a natural extension of our deep investment expertise across sectors and our long-standing ecosystem relationships,' said A. Balasubramanian, Managing Director & CEO, Aditya Birla Sun Life AMC. Also Read | Mazagon Dock and Radico Khaitan among 19 stocks which are upgraded in H2 CY25'With flexible drawdown structures to navigate market volatility, we have garnered strong traction across a broad investor base including institutional investors, HNIs, UHNIs and family offices and remain confident in our ability to unlock meaningful value while supporting the next wave of corporate growth,' he added.
India Gazette
06-06-2025
- Business
- India Gazette
Sri Balaji University, Pune: Empowering Diverse Talent Through Inclusive and Industry-Ready Education
SMPL New Delhi [India], June 6: Sri Balaji University, Pune (SBUP), a premier institution renowned for its industry-aligned education and inclusive academic ethos, continues to attract students from varied educational, economic, and regional backgrounds. With a wide array of undergraduate and postgraduate programs, SBUP is committed to fostering a holistic learning environment that prepares students for dynamic global careers. A Legacy of Excellence Established under the visionary leadership of the late Prof. Dr. (Col.) A. Balasubramanian, SBUP has evolved into a multidisciplinary hub. The university encompasses four esteemed management institutes--Balaji Institute of Modern Management (BIMM), Balaji Institute of Technology & Management (BITM), Balaji Institute of International Business (BIIB), and Balaji Institute of Management and Human Resource Development (BIMHRD)--each offering specialised programs tailored to industry needs. 'At Sri Balaji University, Pune, we believe that quality education should transcend background, region, and stream barriers. Our diverse programs are designed to empower students with industry-ready skills and global perspectives, ensuring they are equipped to lead in any field they choose.' -- Dr. Biju G Pillai (Dean, Faculty of Management, Senior Director-IT & Admissions at Sri Balaji University, Pune) Undergraduate Programs: Cultivating Future LeadersSBUP offers a diverse range of undergraduate programs designed to cater to students from all academic streams: - Bachelor of Business Administration (BBA): Featuring multiple specializations, this program emphasises leadership and management skills. - Integrated BBA + MBA (5-Year Program): An accelerated pathway combining foundational business education with advanced managerial training. - Bachelor of Arts (Hons) in Psychology, Political Science, and Economics: Designed for analytical thinkers aiming for careers in civil services, policy-making, or academia. - Bachelor of Arts in Liberal Arts: Offers interdisciplinary learning with flexible major-minor combinations, fostering critical thinking. - Bachelor of Computer Applications (BCA): Focuses on IT, Artificial Intelligence and Machine Learning, Analytics, and systems development, preparing students for the tech industry. - Bachelor of Science in Actuarial Science: Equips students with mathematical and statistical skills for careers in insurance, finance, and risk management. - Bachelor of Physical Education and Sports (BPES): Centers on sports sciences, physical fitness, and coaching, opening avenues in sports training and wellness sectors. Postgraduate Programs: Advancing Professional Expertise SBUP's postgraduate offerings are tailored to meet the evolving demands of the global workforce: - Master of Business Administration (MBA): Available in specialisations such as Marketing, Finance, PM & HRD, International Business,Operations and Supply Chain Management, Digital Marketing & Business Analytics,Telecom & Business Analytics, Product Management & Business Analytics, Data Science & Business Analytics. The program includes industry internships, certifications, and live projects, welcoming students from any academic background. - Master of Computer Applications (MCA): An advanced program emphasising application development, programming, and systems in specialisations such as Data Science, Software Development, Artificial Intelligence. Commitment to Inclusivity and Accessibility SBUP's inclusive academic philosophy ensures that students from all walks of life have the opportunity to access quality higher education. All programs at the university are AICTE-approved, reflecting a standard of academic excellence and industry relevance. With a strong focus on both theoretical foundations and hands-on learning, SBUP provides 100% placement assistance, offering impressive salary packages and abundant opportunities for corporate internships and global exposure. Admissions are open to students from every academic stream--Arts, Commerce, and Science--making the programs widely accessible. Additionally, the university supports affordability through student-friendly fee structures and accessible education loans, reinforcing its commitment to education without barriers. Admissions Open for 2025 Prospective students are encouraged to explore SBUP's diverse programs and apply through the official website: (ADVERTORIAL DISCLAIMER: The above press release has been provided by SMPL. ANI will not be responsible in any way for the content of the same)
Mint
13-05-2025
- Business
- Mint
Stocks roar ahead as guns fall silent, trade war cools
A surge of optimism swept over the Indian markets as war clouds receded and the tariff clash eased, lifting stocks by the highest in more than four years. Over the weekend, India and Pakistan agreed to end four days of conflict, while the US and China agreed to slash tariffs for 90 days. Stocks took off in response, turning investors wealthier by ₹16 trillion, the most since 25 May, 2021. The Nifty 50 shot up 3.8% to close at 24,924.70, while the S&P BSE Sensex rose 3.7% to 82,429.90, the biggest gain for both since 1 February, 2021. The BSE's market capitalization touched ₹430 trillion, in a broad-based rally fuelled by both short-covering and delivery-based buying. With the easing of tensions, focus now shifts to earnings, interest rates and consumption trends. While some see more stability and less volatility ahead, others expect emerging markets such as India's to outperform in the coming years. 'With the ceasefire now in place, the hanging sword of uncertainty around potential economic damage has been effectively neutralized," said A. Balasubramanian, managing director and chief executive officer of Aditya Birla Sun Life AMC Ltd. 'With that risk out of the way, sidelined investors stepped in, and a bit of short-covering added to the momentum." After last week's fears that a prolonged conflict could cast drag the economy, the mood shifted quickly on Monday, he said. Also read | Markets see red as Indo-Pak tensions boil The rally was powered by IT and financial services sectors, with heavyweights such as Infosys, Larsen & Toubro, HDFC Bank, and Reliance Industries contributing the most to the Nifty's gains. The enthusiasm was infectious, with all sectoral indices higher at close. The Nifty Midcap 100 and Nifty Smallcap 250 rose 4% each. One in eight stocks gained. On the NSE, 2614 stocks advanced while only 329 declined. FIIs net bought shares worth ₹1246 crore and DIIs net bought shares worth ₹1448 crore on Monday, as per NSE. Since 5 May, FIIs have net bought shares worth ₹8634 crore and DIIs have net bought shares ₹11.898 crore. FIIs have been continuously buying for the last 17 sessions, except on 9 May when they net sold shares worth ₹3798 crore. The India VIX, the market's fear gauge, tumbled 15%, signalling relief. According to Balasubramanian, the recent spike in volatility was more a knee-jerk reaction than a lasting trend. 'Markets tend to react sharply to surprises. But as the noise fades, volatility will cool off and make room for a more stable, positive structure," he said. The weekly options data on NSE showed that option sellers, who had bet on the Nifty staying below 24,450, were caught off-guard and rushed to cover their positions. The surge in cash-based buying reflected in the NSE's turnover which jumped to ₹1.07 trillion, up from Friday's ₹94,551 crore. The Nifty could face resistance further at 25,350 and support at 24,500 this week. Read this | Primary markets see a slow start to 2025 amid increased volatility While tariff-related risks appear limited, stable oil prices, easing interest rates, and a recovery in mass consumption also aid earnings resilience, said Neelesh Surana, chief investment officer, Mirae Asset Investment Managers (India). He is optimistic about stocks in mass consumption sectors, particularly consumer discretionary, over the medium to long term. Nilesh Shah, MD of Kotak Mahindra AMC, said the biggest worry was a potential escalation. That concern is now 'undoubtedly behind us," he said, allowing the market to return to basics—first, the de-escalation must sustain, and second, the market will once again be driven by earnings and liquidity flows. March quarter earnings have been better than expected, Shah noted. Of the 109 companies that have reported earnings, profits were initially expected to decline by around 2%, but in reality, there has been a 6% growth—a positive surprise, he said. Nonetheless, Shah added a note of caution: Typically, the stronger results are reported earlier in the cycle, with weaker numbers coming later. According to Saurabh Mukherjea, founder and CIO of Marcellus Investment Managers, the real winner from the US-China trade deal may be the US stock market. With uncertainty at home receding sharply, he believes capital outflows from the US won't be dramatic. However, he cautions that tariff cuts between the two giants are more of a short-term patch than a long-term fix, as the US remains intent on reducing its reliance on Chinese imports. Also read | Tariff gut punch sends markets reeling worldwide In contrast, India finds itself in a sweet spot thanks to strengthening trade ties with the US. 'India is poised to attract meaningful foreign inflows," Mukherjea said. The US has conditionally agreed to reduce tariffs on China, but the details—specific commodities, trade volumes, and currency agreements—are still unclear and will take time to evolve, said Sachin Relekar, senior equity fund manager of Axis Mutual Fund. "What the market is responding to is the fact that talks are happening." 'While it is a positive signal, we'll need to watch how the details unfold," Relekar said. He added that it is more about bottom-up decisions like identifying the right themes, companies, and ensuring investors are not overpaying for a business. Some believe 2025 will see the start of another structural bull market in emerging market equities. Justin Leverenz, CIO of developing markets equities at Invesco, sees a strong case for emerging market equities to significantly outperform in the coming years. He believes their performance hinges largely on two key drivers: China and the US dollar. Following the announcement of the US-China agreement, the Bloomberg Dollar Spot Index surged as much as 1%, on track for its best day since 4 April. 'Beyond the dollar weakness, I also believe that global growth may inevitably shift towards Asia and Europe over the next few years as the US moves into recession," he said in a note this month. Within Asia, he highlights China, India, and Southeast Asia as standouts, driven by expanding middle classes and robust domestic consumption. (Ram Sahgal contributed to this story) And read | 'Operation Sindoor' jitters fade: Nifty, Sensex script a resilient green run
