Foreign portfolio investors (FPIs) and mutual funds (MFs) have put in more money as anchor investors in initial public offerings (IPOs) in 2021 than any other year. FPIs' share of investments for the year stood at Rs 24,477 crore, nearly six times that put in last year and more than nine times the amount invested in 2019, the data from Prime Database showed. MFs have invested Rs 12,264 crore, four times than that invested last year and more than 10 times the investment in 2019. The total investment by FPIs and MFs put together this year is five times the amount invested last year. The amount contributed by MFs, however, is nearly half of that invested by FPIs.
Even though MLAs are required to show their ballot to respective party whips before casting their vote, all parties have ensured their MLAs are housed in five star hotels closer to the Maharashtra Vidhan Sabha where voting will take place on June 10.
In A Suitable Boy, Mira Nair holds our hands and takes us through the magical journey, introducing us to so many fascinating characters from another era, observes Aseem Chhabra.
Wondering if mutual fund investments can earn you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The BEST services resumed after the shutdown ended around 4 pm.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Unacademy on Monday said it has raised $440 million (about Rs 3,270.8 crore) in funding from a clutch of investors including Temasek, General Atlantic, and Softbank Vision Fund, valuing the edtech major at $3.44 billion. The investment is expected to help Unacademy expand its offerings, deepen its presence and compete more aggressively against rivals such as Byju's in the burgeoning ed-tech space in India that has been witnessing strong uptake amid the pandemic. The series H round was led by Temasek, with super pro-rata participation from General Atlantic, Tiger Global, and Softbank Vision Fund, a statement said.
Qarib Qarib Singlle turned 4 this week. Subhash K Jha recalls his conversations with Irrfan, its male lead, and Sutapa Sikdar, the film's producer and Irrfan's wife.
After years of living with his family in a poky 110 sq. ft. 'house', textile worker Sambhaji Surve dreams of moving into a home four times the size once the Maharashtra government starts its ambitious redevelopment of the 39-acre Kamathipura shanty town in south-central Mumbai. Sharing his dream are about 8,000 other families hoping for a better life when the redevelopment project, part of the government's effort to redevelop old settlements and make life more livable for some residents, gets underway. The Shiv Sena-Nationalist Congress Party aims to redevelop BDD Chawl and Dharavi but for Surve all the matters is Kamathipura where he arrived in the 1970s from Nasik to work in a textile mill. Kamathipura was originally built 150 years ago following construction of a causeway to connect the seven islands of Mumbai. From the British Raj to post-independence, it became infamous for slums and brothels.
Bollywood stars have busy life. Here is what they were up to on Tuesday.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The depression will intensify into a deep depression --- the third and fourth stage of any cyclone formation --- by this evening. It will intensify into a cyclonic storm by June 2, the Cyclone Warning Division of the IMD said.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
An office-bearer of the Bharatiya Janata Yuva Morcha, the youth wing of the ruling BJP, has claimed the kissing scenes were filmed in a temple in MP's Maheshwar town and submitted a complaint to the Rewa superintendent of police.
Only investors who understand the significance of ESG investing should enter these funds for the long term, advises Sarbajeet K Sen.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A look at the top tweets from your favourite Bollywood celebrities.
British Prime Minister Boris Johnson, who landed in Ahmedabad on Thursday morning on a two-day India visit, was accorded a grand welcome at the airport in Ahmedabad. Soon after, he visited Sabarmati Ashram in the company of Gujarat Chief Minister Bhupesh Patel.
Karan Johar had a house party on Friday and Saturday.
Bollywood stars take to social media to send messages to their fans on Women's Day.
Bollywood makes Holi look extra vibrant, thanks to their colourful pictures on Instagram.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Stars glitter at SRK's Diwali party!
Amazon Prime Video has doubled its content investments in India and announced as many as 41 new titles in Hindi, Tamil, Telugu and English, thereby throwing an open challenge to their streaming competitor, Netflix.
Beloved movies, brand new shows, must-watch documentaries and feel-good fare, it's all there on OTT this week. Sukanya Verma offers a peek.
Sonam Kapoor and her husband Anand Ahuja invited...well, *all* their friends from the film industry and it seems they *all* accepted the invitation!
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
See how the guests put on their glamorous best.
Actor Kavi Kumar Azad died of cardiac arrest. he was 45.
Stars and stars at Deepika, Ranveer's reception.
Shahid Kapoor and Mira Rajput tied the nuptial knot at a farmhouse on the outskirts of Delhi on July 7.
Top cricketers like Rohit Sharma and Ajinkya Rahane will have to wait longer to resume individual training in Mumbai due to its status of being a coronavirus red zone, which rules out opening of sports facilities in the city for the time being. The Maharashtra government has allowed opening of stadiums for individual training in green and orange zones without spectators.
How the stars lit up the Festival of Lights.
MMFs are a good option for the current environment, observes Sarbajeet K Sen.
The proceeds from the concert will go to the India COVID Response Fund.
Take a look at the best red carpet looks from the Vogue Beauty Awards 2017.