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In Financial Year 2016-17, the mutual fund on an average has added about 6.19 lakh SIP accounts per month.

Mutual fund AUM rises 7.4 per cent to Rs 26.33 lakh crore in October

Mutual fund houses witnessed an overall inflow of Rs 1.33 lakh cr last month after witnessing a redemption of Rs 1.52...

8 Nov 2019 2:03 PM IST

Representational image of an Indigo aircraft.

IndiGo, Qatar Airways to announce strategic deal

Qatar has in the past shown interest in investing in IndiGo but the Indian airline has resisted.

5 Nov 2019 2:49 PM IST

Aramcos planned USD 69.1 billion acquisition of a 70 per cent stake in petrochemicals firm Saudi Basic Industries Corp (SABIC) from the Saudi sovereign wealth fund.

Saudi Aramco kick-starts what could be world's biggest IPO

Bankers have told the Saudi government that investors will likely value the company at around USD 1.5 trillion.

4 Nov 2019 9:24 AM IST

Balanced mutual funds received more than Rs 47,000 crore. (Photo: Representational/PTI)

Mutual funds add over Rs 4 lakh cr to asset base in 2019

The investor count is estimated to have grown by over 62 lakh during 2019, to 8.65 crore this year.

25 Dec 2019 12:26 PM IST

The increase in FDI is crucial in 2018-19 as increase in import bill is expected to widen the current account deficit (CAD).

Total FDI inflow into India increased in 2018-19: govt

Total FDI inflow in 2018-19 was USD 62.00 billion.

4 Dec 2019 3:05 PM IST

Digital payments company Paytm has partnered with Twitter to integrate Twitter Highlights

Paytm invests in bus ticketing software provider Infinity

Paytm entered the online bus ticketing space in 2015 and currently offers bus tickets across more than 62,000 routes.

3 Dec 2019 7:27 PM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Airtel Africa completes USD 200-mn funding transaction with Qatar...

Airtel decided to use the proceeds from QIA to further reduce Airtel Africa's existing net debt.

31 Jan 2019 1:26 PM IST

Traders body CAIT demanded scrutiny of the proposed $12-billion Flipkart-Walmart deal.

Flipkart warns of major customer disruption' if new rules not delayed

The policy move has jolted Walmart, which last year invested $16 billion in Flipkart in its biggest ever deal.

30 Jan 2019 1:46 PM IST

Intel has been increasingly catering to data centres as revenue from PCs has flattened since shipments peaked in 2011.

Intel to invest USD 11 billion on new chip plant

The news follows a commitment by Intel in May last year to invest about 18 billion shekels to upgrade its existing...

29 Jan 2019 11:11 AM IST

Policybazaar.com, Indias largest insurance website and comparison portal, is planning to foray into the healthcare technology and services space.

PolicyBazaar aims to collect Rs 3,500 crore premium in FY19

Policybazaar.com became the first internet-based company in India to turn profitable on yearly basis.

28 Jan 2019 3:32 PM IST

Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

Indian Oil to invest Rs 16,641 crore in Tamil Nadu in five years

The investment will create 20,000 direct and indirect employment opportunities.

24 Jan 2019 11:10 AM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

SBI chief to seek open offer exemption for Etihad Airways

Banking sources divulged that Etihad was unwilling to pay beyond Rs 150 per share for the cash-strapped Jet Airways.

24 Jan 2019 10:41 AM IST