News for 'Portfolio Management Services'

Shah to review Chhattisgarh anti-Maoist ops during 2-day trip

Shah to review Chhattisgarh anti-Maoist ops during 2-day trip

Rediff.com19 Jun 2025

The meeting will focus on the current internal security scenario in the state, with a special emphasis on anti-Maoist operations, the release added.

Markets end lower on profit taking in IT shares

Markets end lower on profit taking in IT shares

Rediff.com16 May 2025

HCL Tech, State Bank of India, Infosys, Tech Mahindra, Tata Consultancy Services, Bajaj Finserv, Larsen & Toubro, Mahindra & Mahindra and Titan were also among the losers in the Sensex pack. Eternal, Hindustan Unilever, Asian Paints, ITC, Tata Motors and NTPC were among the gainers.

Mid, Smallcap Stocks In Bear Market

Mid, Smallcap Stocks In Bear Market

Rediff.com28 Nov 2024

'Investors may have made money in mid and smallcaps due to market momentum, but now they need to focus on fundamentals.'

'Quicker credit data updates will aid underwriting'

'Quicker credit data updates will aid underwriting'

Rediff.com18 May 2025

'This helps the consumers secure more favourable terms from CIs.'

AI 171 Crash: Insurance Cost: $475 Million

AI 171 Crash: Insurance Cost: $475 Million

Rediff.com1 Jul 2025

'$125 million for the hull and the remaining of over $350 million for liability.'

Affordable Homes Within Reach As Banks Ease Lending Norms

Affordable Homes Within Reach As Banks Ease Lending Norms

Rediff.com8 Jul 2025

The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.

Nifty expected to reach 24,500 level by Dec 2024

Nifty expected to reach 24,500 level by Dec 2024

Rediff.com28 May 2024

With an expected earnings growth of 15 per cent, benchmark index Nifty 50 may hit 24,500 level by December 2024 and move further to surpass the level of 26,500 by December 2025, Emkay Investment Managers said on Tuesday. The 50-share Nifty settled at 22,888.15 on Tuesday. In the previous day, it hit a new lifetime peak of 23,110.80.

The New Dining Destinations of India

The New Dining Destinations of India

Rediff.com10 Jul 2025

Dining today isn't just about food -- it's about the experience and the story.

'How To Achieve 8 Cr Fund In 24 Years?'

'How To Achieve 8 Cr Fund In 24 Years?'

Rediff.com26 May 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Why This Banker Didn't Get Promoted!

Why This Banker Didn't Get Promoted!

Rediff.com2 May 2025

The bank made a Rs 67 crore net profit, up 21% from the previous year. Its deposits grew 8%, the loan book 10%. Net bad loans dropped from 7.53% to 6.07%. So why was the banker, who headed the bank, not promoted?

Equity mutual funds cash rich even as inflows decline

Equity mutual funds cash rich even as inflows decline

Rediff.com25 Mar 2025

Equity mutual fund (MF) schemes were flush with cash at the start of this month, even as fresh investments shrank in February. As of February 28, equity schemes from the top 20 fund houses held 6.8 per cent of their portfolios in cash, up from 6.1 per cent in January and 5.9 per cent in December 2024, according to a report by Motilal Oswal Financial Services.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com25 May 2025

Movement in the equity market this week will be guided by a host of macroeconomic data announcements, global trends and trading activity of foreign investors, analysts said. Stocks markets concluded the last week on a subdued note, as investors grappled with global uncertainties.

What Bessemer plans to do with its $350 million India-only fund

What Bessemer plans to do with its $350 million India-only fund

Rediff.com19 Mar 2025

Bessemer Venture Partners has closed $350 million in capital for its second dedicated India fund to back founders in the region, who build enduring companies.

'Investors Prefer A Staggered Approach'

'Investors Prefer A Staggered Approach'

Rediff.com20 May 2025

'While investors believe in India's long-term growth story and resilience amid global uncertainty, they see near-term risks around the direction of a global trade war.'

Why Households Are Shifting Funds To Equities

Why Households Are Shifting Funds To Equities

Rediff.com25 Sep 2024

Allocation to bank deposits -- fixed deposits, savings account deposits, and current account deposits -- came down.

How Dr Singh Changed Stockmarkets

How Dr Singh Changed Stockmarkets

Rediff.com28 Dec 2024

'He will be remembered more for what he did as finance minister -- as someone who functioned well when the political fallout was taken care of.'

Volatile Market: What Investors Must Do

Volatile Market: What Investors Must Do

Rediff.com22 Jan 2025

Novice investors must understand that volatility is an inherent part of equity markets and learn to navigate through such phases.

MFs seek greater leeway for proposed new asset class

MFs seek greater leeway for proposed new asset class

Rediff.com18 Aug 2024

The new asset class (NAC) proposed by the market regulator could see diverse product offerings with high-risk strategies across equity and debt if the mutual fund (MF) industry's recommendations are incorporated into the final regulations. While the Securities and Exchange Board of India (Sebi) has suggested relaxations in investment norms for NAC compared to traditional MFs, some fund houses are advocating for further relaxations in concentration norms, greater flexibility in leverage, and the ability to invest in securities currently outside the MF domain, such as unlisted debt papers and debentures, sources reveal.

Value mutual funds attract Rs 1,556 cr inflow in Jan

Value mutual funds attract Rs 1,556 cr inflow in Jan

Rediff.com13 Feb 2025

Investor confidence in value mutual funds remains robust, with the category witnessing an inflow of Rs 1,556 crore in January, indicating a shift in their focus towards fundamentally strong yet undervalued stocks.

Adani Enterprises Q4 net rises over 7-fold to Rs 3,845 cr

Adani Enterprises Q4 net rises over 7-fold to Rs 3,845 cr

Rediff.com2 May 2025

Adani Enterprises Ltd (AEL) reported an over sevenfold year-on-year (Y-o-Y) rise in its consolidated net profit, attributable to the owners of the company, for the January-March quarter of 2024-25 (Q4FY25) due to an exceptional item gain. The conglomerate's net profit was recorded at Rs 3,844.91 crore, up from Rs 450.58 crore a year ago.

Muthoot, Manappuram Finance may shine amid rising gold prices: Analysts

Muthoot, Manappuram Finance may shine amid rising gold prices: Analysts

Rediff.com6 Mar 2025

A lower risk appetite among investors has driven gold, traditionally a safe-haven asset, to record highs so far this year. Fuelled by geopolitical tensions in West Asia, robust demand from central banks - particularly in Asia - and US President Donald Trump's tariff volleys, spot gold touched an all-time high of $2,956 per ounce on February 24 in the international markets.

Sebi's 2024 review: Push for reforms continued despite controversies

Sebi's 2024 review: Push for reforms continued despite controversies

Rediff.com31 Dec 2024

In 2024, the Securities and Exchange Board of India (Sebi) implemented significant reforms, focusing on cooling down the derivatives segment, enhancing transparency and accountability in small and midsised enterprise (SME) listings, and deepening the fund management ecosystem.

MF licence aspirant list swells with new wave of AMCs ready to roll

MF licence aspirant list swells with new wave of AMCs ready to roll

Rediff.com24 Oct 2024

India's thriving mutual fund (MF) industry is drawing interest from several firms, with multiple applications submitted to the Securities and Exchange Board of India (Sebi) for asset management company (AMC) licences.

'IIFCL book can grow to Rs 4 trn by FY28'

'IIFCL book can grow to Rs 4 trn by FY28'

Rediff.com4 Jun 2025

'Although we are facing constraints related to lending and resource mobilisation, the government is aware of these.'

Check The Management Before Investing

Check The Management Before Investing

Rediff.com12 Feb 2024

A lot depends upon the crucial decision-making skills of the management. If you have any doubts about the management then you always have the choice of selling your shares or not buying stocks of those companies at all.

'Help! I'm Stuck In Rs 15 Lakh Debt'

'Help! I'm Stuck In Rs 15 Lakh Debt'

Rediff.com12 Mar 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Biryani finds its place on the valuation menu with rising investor appetite

Biryani finds its place on the valuation menu with rising investor appetite

Rediff.com22 Apr 2025

Biryani is set to get its own valuation. Devyani International, the largest franchisee of Kentucky Fried Chicken (KFC) quick-service restaurants (QSRs) in India, is considering the acquisition of Sky Gate Hospitality, which operates restaurants under the brand Biryani By Kilo (BBK), it said in a statement to BSE on Monday.

Three firms seek CCI nod to acquire stakes in Akasa Air

Three firms seek CCI nod to acquire stakes in Akasa Air

Rediff.com20 Feb 2025

Tech tycoon Azim Premji's global investment arm, Manipal Group Chief Ranjan Pai's family office and 360 ONE Asset have sought approval from fair trade regulator CCI to acquire stakes in domestic carrier Akasa Air's parent company SNV Aviation. "The proposed transaction involves the acquisition of certain shareholding by each of PIOF, Claypond and 360 Fund (through its various schemes and affiliates) in Akasa Air," said a notice filed with the Competition Commission of India (CCI) on Wednesday.

ISRO Arm All Set To Launch US Satellite

ISRO Arm All Set To Launch US Satellite

Rediff.com18 Mar 2025

'The LVM3 rocket will orbit one Block 2 BlueBird satellite in Low Earth Orbit.'

Sebi to erect 'building blocks' to wall in finfluencers

Sebi to erect 'building blocks' to wall in finfluencers

Rediff.com13 Mar 2024

Before framing regulations to curb 'misleading' messages and stock recommendations by finfluencers (a portmanteau of the phrase 'financial influencers'), the market regulator plans to put in place some 'building blocks' to ensure smooth enforcement. Madhabi Puri Buch, chairperson of Securities and Exchange Board of India (Sebi), is of the view that the 'traditional approach may not work' to rein in finfluencers. "There are many interlinked pieces in our regulations - investment advisor regulations, research analyst regulations, the fact that we don't have algorithmic (algo)-related regulations, what brokers are permitted to do, and what is incidental advice.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

Equity market volatility may persist; long-term outlook remains constructive: Experts

Equity market volatility may persist; long-term outlook remains constructive: Experts

Rediff.com3 Apr 2025

The heightened global uncertainty due to the US "reciprocal tariffs" on India may cause near-term corrections and market turbulence, but the long-term outlook remains constructive, market experts said on Thursday. The US has announced 27 per cent reciprocal tariffs on India, citing high import duties imposed by New Delhi on American goods.

Despite odds, Maruti, Mahindra saw sales momentum in April

Despite odds, Maruti, Mahindra saw sales momentum in April

Rediff.com2 May 2025

Amid challenging market environment, Maruti Suzuki India and Mahindra & Mahindra reported an increase in vehicle dispatches to dealers last month while Tata Motors and Hyundai saw a year-on-year drop in sales.

With ML and AI, IBM shows the fight is not over for mainframes

With ML and AI, IBM shows the fight is not over for mainframes

Rediff.com17 Apr 2025

This innovation has made mainframes the fastest-growing segment within IBM's Infrastructure business, demonstrating that even legacy technologies can continue to deliver value.

'India one of the attractive markets for AI-led solutions'

'India one of the attractive markets for AI-led solutions'

Rediff.com16 Apr 2025

'The country is a good test bed for enterprise adoption, but to scale rapidly, companies will need to look outside the country for customers.'

FPIs withdraw Rs 30,000 cr from equities in first 15 days in March

FPIs withdraw Rs 30,000 cr from equities in first 15 days in March

Rediff.com16 Mar 2025

Foreign investors continue to pull back money from the Indian equity market withdrawing a little over Rs 30,000 crore in the first fortnight of the month amid escalation in global trade tensions. This came following an outflow of Rs 34,574 crore from equities in February and Rs 78,027 crore in January.

How OCIs Are Taxed

How OCIs Are Taxed

Rediff.com18 Sep 2024

'Any earnings, regardless of location, will be subject to Indian income tax.'

'India is a land of opportunities'

'India is a land of opportunities'

Rediff.com13 May 2025

'We've maintained that India is a high-penetration game. It's not only a premiumisation game.'

IPO pipeline: 10 companies aim to raise Rs 20,000 cr in Dec

IPO pipeline: 10 companies aim to raise Rs 20,000 cr in Dec

Rediff.com24 Nov 2024

The primary market is expected to remain vibrant, with at least 10 companies, including supermart major Vishal Mega Mart and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd expected to raise a combined Rs 20,000 crore in the next month, merchant bankers said. Education-focused NBFC Avanse Financial Services, TPG Capital-backed Sai Life Sciences, hospital chain operator Paras Healthcare, and investment bank DAM Capital Advisors are also among the companies planning to launch their IPOs in December, they added. The companies aim to raise a total of Rs 20,000 crore through their public offerings.

Finance Secretary TK Pandey is new Sebi chairman

Finance Secretary TK Pandey is new Sebi chairman

Rediff.com28 Feb 2025

The Indian government has appointed Finance Secretary Tuhin Kanta Pandey as the new chairman of the Securities and Exchange Board of India (SEBI). Pandey, a 1987-batch IAS officer, will replace Madhabi Puri Buch, whose three-year tenure ends on February 28. Pandey's appointment comes at a time when the markets are experiencing bear pressure due to withdrawals by foreign institutional investors (FIIs). Pandey has extensive experience in the finance ministry, having served as the longest-serving secretary in the Department of Investment and Public Asset Management (DIPAM) and the Department of Public Enterprises (DPE). He also played a key role in the framing of the 2025-26 Budget and the drafting of the new Income Tax Bill. Pandey's appointment is for an initial period of three years.