With several $500 million-plus deals in the pipeline -- including ICICI Prudential AMC, Lenskart, PhonePe, Groww, PhysicsWallah, Meesho, Pine Labs, and Zepto -- investment bankers look poised for......
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......
Fighting all adversities and a tougher regulatory regime, mutual funds are headed for a cash-rich 2014 with an estimated addition of about Rs three lakh crore (Rs 3 trillion) to its asset base to......
Equity fund managers are on a stock-buying spree. Ahead of the Union Budget, in June, net investment in shares by mutual funds stood at Rs 2,763 crore (Rs 27.63 billion), the most since June 2008.......
Highest-ever collection via this route; Rs 3,136-crore IPO opens todayInterGlobe Aviation, the company that operates the country’s most-profitable airline, IndiGo, raised Rs 832 crore (Rs......