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Sbi Funds Management

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Ram Mandir Trust cheated of Rs 6 lakh through fake cheques

The Uttar Pradesh Police have registered an FIR against unknown persons for fraudulently transferring Rs 6 lakh from the bank account of the Ram Mandir Trust through two fake cheques and attempting......

Zomato IPO oversubscribed on Day-1

Food delivery platform Zomato's initial public offering was oversubscribed on the opening day on Wednesday with retail investors bidding for 2.7 times the number of shares reserved for them. The......

Franklin Templeton MF unitholders to get Rs 3,303 cr in fifth tranche

SBI Funds Management (SBI MF) will distribute the fifth tranche of Rs 3,303 crore to unitholders of Franklin Templeton Mutual Fund's six shuttered schemes during the week beginning Monday. With......

Zomato eyes grocery rollout, invests $100 mn in Grofers

Food ordering platform Zomato, whose Rs 9,375 crore IPO opens on July 14, is planning to launch a grocery section on its app soon, a senior company official said. The company recently invested USD......

Reliance to conclude Aramco deal this year: Ambani

Saudi Aramco chairman and head of the Kingdom's cash-rich wealth fund PIF Yasir Othman Al-Rumayyan will join the board of Reliance Industries Ltd as an independent director in a precursor to a $15......

About 60 NFOs mobilise Rs 27,000 cr in six months

While new offerings are usually launched during a bull phase when investor sentiment peaks, industry officials believe these NFOs launches are largely to complete bouquet of products from fund......

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