HSBC's AMC acquires L&T Mutual Fund business for $425 million

L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management (India) at $425 million. LTIM is the investment manager of the mutual fund business of......

17 of 24 small-cap funds deliver more than 100% returns

The BSE SmallCap index gained 106 per cent in the one year ended May 12, 2021. Illustration: Uttam Ghosh/Rediff.com The rally in the Indian equity markets in the past year has propelled strong......

Returns from equities likely to be lower in FY22, say market experts

Investors could hunt for picks in sectors that will benefit from the government’s capex cycle and IT services. Despite the Sensex’s 74 per cent run-up over the past year, the Indian......

MFs net sellers of Indian equities first time in 7 years

Historically, FPIs have been the dominant market price-setters, given their size and trading patterns in India. Illustration: Dominic Xavier/Rediff.com Mutual funds (MFs) are set to be net sellers......

Jaane kahan gaye woh din...

The stolen necklace in Awaara...The umbrella RK and Nargis share in Shree 420...The clown doll and mask from Mera Naam Joker...Zeenat Aman's trusty nose ring in Satyam Shivam Sundaram...Dimple......

'Working with Kamal Haasan is a big deal for me even if I work in Hollywood'

'Kamal Haasan works with people who have a certain level of talent and skill set. He likes to work with people again and again, with whom he can relate to, and with whom he can have a conversation......