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Adani Ports to enter Sensex from June 24; Wipro to move out

Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) will replace IT major Wipro in the 30-share BSE Sensex from June 24, according to an official announcement on Friday. Photograph:......

Mutual funds bet on 'special' opportunities as uncertainties loom

Mutual funds are looking to tap into the special opportunities theme ahead of the results of the general election results and the continued uncertainty on the geo-political and interest rate......

AMCs outline riders to exit small, midcap MFs in case of market crisis

Small and midcap schemes may impose restrictions on redemptions, cap employee withdrawals, and increase the exit load, while ensuring a proportionate liquidation of the portfolio during market......

Top 10 mutual funds' share in total AUM dips below 80%, shows analysis

The top 10 fund houses are slowly losing ground to their smaller peers, even as they continue to hold the lion's share in the total assets under management (AUM) of the mutual fund (MF) industry,......

RBI permits ICICI AMC to buy 9.95% stake in Federal Bank, RBL Bank

Federal Bank on Thursday said the Reserve Bank of India has accorded approval to ICICI Prudential Asset Management Company Ltd () for acquiring up to 9.95 per cent stake in the bank. RBI accorded......

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The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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