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7 mutual fund terms you ought to know

Total AUM held by retail investors grew from Rs 7.56 lakh cr in Nov 2016 to Rs 11.10 lakh cr in November 2017.

3 Jan 2018 10:38 AM IST

IndusInd Bank Ltd has entered into exclusive talks to acquire microlender Bharat Financial Inclusion Ltd.

IndusInd Bank raises $500 million from overseas lenders

Private sector bank has concluded the syndicated term loan facility from a group of overseas investors.

1 Jan 2018 2:55 PM IST

The bug in the Uber software was not a one-off case and had been experienced by other users. (Photo: Representational Image)

Uber to stay invested in India; looks to grow 10 times: CEO

Uber accounts for less than 1 pc of USD 5 trillion transportation industry globally and capturing higher share.

23 Feb 2018 10:56 AM IST

Union Minister for Law and Justice Ravi Shankar Prasad Prasad also slammed Congress over its dual stand on the triple talaq bill in the Parliament and accused it of spreading hatred. (Photo: ANI)

Digital India possible only if Digital UP happens, says Prasad

Union minister said that there are immense opportunities in setting up BPOs and govt is ready to help.

22 Feb 2018 2:48 PM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

BSE extends window to submit Aadhaar for new MF investors

Effective date for mandatory submission of PAN and Aadhaar number at time of opening new folio or account, will now be...

15 Feb 2018 3:36 PM IST

Last month Idea announced plans to raise a total 67.5 billion rupees ahead of proposed merger

Idea Cellular launches up to USD 546 million share sale

Share sale has a floor price of 86.84 rupees per share, with a potential discount of up to 5 per cent.

15 Feb 2018 11:40 AM IST

MFs log Rs 1 lakh cr inflow in Jan; push AUM to Rs 22.41 lakh crore

According to Amfi data, investors have poured in a net Rs 1.06 lakh crore in mutual fund schemes last month.

7 Feb 2018 2:18 PM IST

Taking cognisance of the risks associated in dealing with bitcoin and other such VCs, the RBI decided that, with immediate effect, entities regulated by it shall not deal with or provide services to any individual or business entities dealing with or settling VCs.

Bitcoin frenzy settles down as big players muscle into market

Bitcoin rallied 25 per cent in April after crashing 70 per cent from a high near USD 20,000 late last year.

27 April 2018 2:24 PM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Govt mulls maiden overseas sovereign bond sale

The borrowing, however, would remain under the limit of the budgeted plan of Rs 6.06 lakh crore for the current fiscal.

12 April 2018 9:59 AM IST

Minister of State for Finance clarified that as per an earlier decision of GST Council, states may choose any date before June 1 to implement e-way bill. (Photo: ANI)

Most Indian retail investors trust financial services sector

Global association of investment professionals, shows that 71 pc of Indian investors trust financial services industry.

11 April 2018 10:29 AM IST

At present, there is a 10 per cent import duty on gold. (Photo: PTI)

Investors continue to exit from gold ETFs, withdraw Rs 835 cr in FY 18

Outflow has razed the asset under management (AUM) of gold funds by over 12 per cent in the just concluded financial...

10 April 2018 1:15 PM IST

Mutual funds industry has added 32 lakh new investors over the last one year mainly due to a spirited promotion campaign by the industry, a senior Amfi official said on Wednesday.

Mutual Funds add 32 lakh investors in 1 year on awareness campaign

It is mainly due to a spirited promotion campaign by the industry.

4 April 2018 5:31 PM IST