MFs raise equity bets as valuations improve; fund houses invest Rs 55k cr

Mutual fund houses have been on an equity buying spree in the past three months as they have invested a net amount of Rs 55,000 crore in them between January and March 2023. Illustration: Dominic......

Tough Times Lie Ahead For Banking Sector

For the banking system a new cycle starts in FY2024.It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay. IMAGE: Finance Minister Nirmala Sitharaman......

UBS buy gives Credit Suisse India employees a glimmer of hope

UBS stepping in to save Credit Suisse with a $3.2-billion acquisition has provided the beleaguered Swiss bank’s India employees a glimmer of hope. Photograph: Arnd Wiegmann/Reuters The......

Sitharaman meets chiefs of govt banks amid US banks' collapse

Finance Minister Nirmala Sitharaman on Saturday reviewed the performance of public sector banks (PSBs) on various financial health parameters and their resilience in the wake of the current global......

Man United in shirt sponsorship deal with Aon

Aon Corp , the world's largest insurance broker, has agreed a four-year deal to sponsor the shirts of English Premier League champions Manchester United from the start of the 2010-11 season.......