As AIFs rise in popularity, PMS industry feels the heat

Portfolio management services (PMS), catering to higher networth individuals (HNIs), are facing tough competition from emerging alternative investment funds (AIFs), evident from their dwindling......

Mutual funds eye micro stars as broader equity market gathers pace

At a time when investors are preferring higher-risk investment products like thematic and small-cap mutual fund (MF) schemes, some fund houses are exploring the possibility of going further down......

Block deals touch five-month high in a skittish market

Despite markets turning volatile, share sale activity at India Inc has surged to its highest level in five months. Illustration: Dominic Xavier/Rediff.com So far in March, promoters, strategic......

20 years at Reliance helm: Mukesh Ambani redefines scale, business growth

From inheriting legacy textile and oil businesses to stepping into retail, telecom and digital, RIL is a company for New India. Viveat Susan Pinto & Sundar Sethuraman report. Photograph: Kunal......