Citigroup VC may invest $15 mn in AnandRathi

Citigroup Venture Capital (CVC) is in talks to acquire 10-15 per cent stake in AnandRathi Securities, the Mumbai-based securities and wealth management firm, for nearly Rs 70 crore ($15 million).......

Indian wealth managers rush in as foreign players exit

  Domestic wealth management companies are hoping to and trying to fill the gap left by the retreat of foreign wealth managers in India.In the past year, the wealth management arms of IIFL,......

MFs ease exit load to attract investors

The competitive intensity in the mutual fund (MF) industry is moving beyond scheme performance, cost structures, and distribution. Illustration: Dominic Xavier/Rediff In recent months, several......

'Elections May Sway Markets Temporarily'

'The long-term impact of elections is minimal.' Illustration: Dominic Xavier/Rediff.com "India's robust fundamentals, reasonable valuations, and strong domestic investment flows provide a buffer,......