News for 'Portfolio Management Services'

'Greed and adventurism are bull market traits'

'Greed and adventurism are bull market traits'

Rediff.com25 Sep 2023

'The market should maintain optimism on the back of range-bound oil prices, a robust fiscal balance sheet, a better-than-expected monsoon, and moderating inflation.'

Why some fund managers have quit their jobs

Why some fund managers have quit their jobs

Rediff.com7 Dec 2017

They are making switch to the high-growth alternative investments fund industry, reports Pavan Burugula.

Lorries Being Gifted This Wedding Season!

Lorries Being Gifted This Wedding Season!

Rediff.com27 Nov 2024

Another trend: A preference for coloured diamonds among brides, who are pairing them with their groom's birthstone. So, along with yellow or white diamonds, they are choosing pink, green, blue sapphires, emeralds or red rubies.

NRIs yet to fully warm up to GIFT City's higher FPI limits

NRIs yet to fully warm up to GIFT City's higher FPI limits

Rediff.com20 Sep 2024

The Securities and Exchange Board of India (Sebi) has permitted 100 per cent contribution from non-resident Indians (NRIs) and overseas citizens of India (OCIs) in the corpus of foreign portfolio investors (FPIs) based out of Gujarat International Finance Tec-City (GIFT City), the country's international financial services centre (IFSC). However, the Indian diaspora is yet to fully embrace this new route. The regulator allowed this route to enhance the fund ecosystem at GIFT City and attract genuine investments from overseas Indians.

Want To Invest In Infrastructure Funds?

Want To Invest In Infrastructure Funds?

Rediff.com1 Jul 2024

'Investors should not go for lump-sum investments in infrastructure funds at this point.' 'The SIP route is the best to avoid any major disappointment.'

'Tax Relief For Middle Class Will Boost Markets'

'Tax Relief For Middle Class Will Boost Markets'

Rediff.com1 Jul 2024

'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'

PE investment hits $30.89 bn, up 22.7%

PE investment hits $30.89 bn, up 22.7%

Rediff.com3 Dec 2024

Private equity (PE) activity in India between January and November 2024 recorded a total value of $30.89 billion across 1,022 deals, a 22.7 per cent increase in value and an 18.4 per cent rise in deal count compared to $25.17 billion across 863 deals during the same period in 2023. Notable large deals during the period include Walton Street India Investment Advisors at $1.5 billion, and KiranaKart Technologies at $1.35 billion.

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Rediff.com28 Oct 2024

Bharti Airtel on Monday reported a 168 per cent year-on-year rise in consolidated net profit to Rs 3,593 crore for the September quarter, and the company unveiled top-level changes, including Gopal Vittal moving into the role of executive vice chairman on January 1, 2026. India's second-largest telco - that competes with Reliance Jio and Vodafone Idea in the Indian telecom market - clocked quarterly revenues of Rs 41,473 crore, 12 per cent higher than the year-ago period, aided by strong momentum in India and growth in Africa.

Long-Short Funds Hold Fort In Turbulent Times

Long-Short Funds Hold Fort In Turbulent Times

Rediff.com5 Jul 2022

Most of the long-only funds are closed-ended. This means that investors have to lock in their money for a fixed period before they can take it back.

Market Giving Sleepless Nights? Read This

Market Giving Sleepless Nights? Read This

Rediff.com30 Nov 2023

If a 5% to 10% fall in the equity market gives you sleepless nights, you are not cut out for a 75% to 80% allocation to equities and must reduce it.

Strong order book, diversified portfolio drive Street's confidence in TCS

Strong order book, diversified portfolio drive Street's confidence in TCS

Rediff.com21 Jul 2023

The Street shrugged off a muted first quarter of financial year 2023-24 (Q1FY24) and a cautious near-term outlook by India's largest information technology (IT) services company, Tata Consultancy Services (TCS). The stock was the top Nifty50 and Sensex gainer on Thursday, rising 2.5 per cent, as investors took comfort from a robust order book and an encouraging pipeline. Like its larger peer, HCL Technologies' (HCL Tech), too fell short of the Street's expectations on the revenue and margin fronts given cuts in discretionary expenditure.

RBI directs gold loan providers to review policies and practices

RBI directs gold loan providers to review policies and practices

Rediff.com1 Oct 2024

The Reserve Bank of India (RBI) on Monday directed banks and non-banking financial companies (NBFCs) offering gold loans to thoroughly review their policies, processes, and practices to identify any gaps. The central bank also told them to closely monitoring their gold loan portfolios amid significant growth observed in this segment vis--vis some lenders. Additionally, the RBI, through a circular, instructed these lenders to ensure adequate controls over outsourced activities and third-party service providers.

Direct Vs Regular MF: Which Should You Choose?

Direct Vs Regular MF: Which Should You Choose?

Rediff.com20 Mar 2024

As a prudent investor who wants to create a portfolio that will help you achieve your investment objective in a time-bound manner, Suren Kochhar explains what you should know.

Nestle, IndusInd, Bandhan, Asian Paints from BSE 500 index hit 52-week lows

Nestle, IndusInd, Bandhan, Asian Paints from BSE 500 index hit 52-week lows

Rediff.com20 Dec 2024

Share prices of Nestle India, Asian Paints, Bandhan Bank, Tata Technologies, AU Small Finance Bank and Avenue Supermarts, all a part of the BSE 500 index, have hit their respective 52-week lows on the BSE in Thursday's intra-day trade after a sharp correction in the equity markets.

'Hybrid vehicles are an intermediate solution'

'Hybrid vehicles are an intermediate solution'

Rediff.com26 Sep 2024

'In terms of incentives, if you think about it, hybrids are a 20-year-old technology.'

'NIM To See Increase After Couple Of Quarters'

'NIM To See Increase After Couple Of Quarters'

Rediff.com6 Sep 2024

'There has been a change in the advances mix, with the share of corporate loans decreasing.'

'We want to create an all-weather franchise'

'We want to create an all-weather franchise'

Rediff.com10 Dec 2024

'We have seen something do very well when the times are good but maybe not as well when the times are bad.'

5 dead as rain brings Bengaluru to its knees

5 dead as rain brings Bengaluru to its knees

Rediff.com22 Oct 2024

At least five people were killed in separate rain-related incidents on Tuesday in Bengaluru, which has been reeling under incessant rains for the past three days causing widespread flooding in several residential areas and turning roads into virtual rivers.

What's behind the recent stock market rally?

What's behind the recent stock market rally?

Rediff.com28 May 2024

The current spurt in the stock market is on account of strong fundamentals and robust corporate earnings and retail investors can look for buying opportunities to accumulate quality stocks, experts said.

Bharti Airtel Q1 profit jumps 2.5 times to Rs 4,160 cr

Bharti Airtel Q1 profit jumps 2.5 times to Rs 4,160 cr

Rediff.com5 Aug 2024

Telecom operator Bharti Airtel reported more than 2.5 times jump in its consolidated profit to Rs 4,160 crore in the April-June quarter of 2024-25 compared to the year-ago period driven by an improvement in average revenue per user and an exceptional gain of Rs 735 crore. The company had posted a profit of Rs 1,612.5 crore in the same period a year ago. The consolidated revenue from operations of Bharti Airtel increased by 2.8 per cent to Rs 38,506.4 crore during the reported quarter from Rs 37,440 crore in the June quarter of the last year.

ASK TAX GURU: 'Is PPF the best low-risk investment option?'

ASK TAX GURU: 'Is PPF the best low-risk investment option?'

Rediff.com6 Apr 2022

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Want To Invest In IPOs? Read This

Want To Invest In IPOs? Read This

Rediff.com14 Dec 2023

Patience can be rewarding. 'Post-listing, sanity often returns to valuations of newly-listed businesses within six to nine months. Buy then.'

'How can I build a corpus of Rs 2 cr in 2 years?'

'How can I build a corpus of Rs 2 cr in 2 years?'

Rediff.com4 Apr 2024

rediffGURU Ramalingam Kalirajan answers your personal finance queries.

IDFC to merge PMS with StanChart MF

IDFC to merge PMS with StanChart MF

Rediff.com9 Jun 2008

IDFC is merging its Portfolio Management Services business with the newly-acquired Standard Chartered Mutual Fund to sell MF products targeting high net worth individuals. The company is also planning products that offer infrastructure as an asset to investors.

CRED's Kunal Shah Is Top Startup Founder-Investor

CRED's Kunal Shah Is Top Startup Founder-Investor

Rediff.com3 Jul 2024

Kunal Shah has funded over 266 startups including Razorpay, Snapdeal, Zetwork, BlueSmart, Unacademy, Bliss Club, and Spinny, amongst others.

Jhunjhunwala's portfolio gained Rs 2618 cr in April-July

Jhunjhunwala's portfolio gained Rs 2618 cr in April-July

Rediff.com22 Jul 2020

Among the lot, Rallis India, Escorts, Jubilant Life Sciences, and Crisil added half of the total gains made in the ace stock-picker's portfolio.

HDFC Bank goes for first major rejig after merger

HDFC Bank goes for first major rejig after merger

Rediff.com4 Oct 2023

HDFC Bank has reshuffled the portfolios of its senior management team. This is the first major rejig after the amalgamation of HDFC Ltd on July 1. "The runway for our growth is large. This change is being done to bring in a very sharp focus on leveraging what we have built and for enhanced execution," said Sashidhar Jagdishan, managing director and chief executive of HDFC Bank, explaining the reason for this overhaul.

Small investors to get a boost from Sebi's new norms

Small investors to get a boost from Sebi's new norms

Rediff.com8 Aug 2014

Minimum investment size under portfolio management services may be raised, so that small players can avoid risk.

Hyundai Gears Up For Rs 27,856 Crore IPO

Hyundai Gears Up For Rs 27,856 Crore IPO

Rediff.com10 Oct 2024

India's second-largest passenger vehicles firm will be valued at Rs 1.59 trillion at the top-end of the price band of Rs 1,865-Rs 1,960.

Hurrah For These Women Achievers!

Hurrah For These Women Achievers!

Rediff.com22 Feb 2024

More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.

Fund houses offer regular profit plans

Fund houses offer regular profit plans

Rediff.com8 May 2009

To get back equity-wary investors, fund houses and their portfolio management services (PMS) have started schemes that will regularly book profits. In these funds, mutual funds and PMS will realise appreciation at specific target returns and transfer profits either to a safer investment avenue or give the money back to the customer.

FPIs turn net sellers; pull out Rs 21,201 crore from equities

FPIs turn net sellers; pull out Rs 21,201 crore from equities

Rediff.com18 Aug 2024

Foreign investors continued their relentless selling in the Indian equity markets in August, offloading shares worth Rs 21,201 crore due to the unwinding of the yen carry trade, recession fears in the US and ongoing geopolitical conflicts. This came after an inflow of Rs 32,365 crore in July and Rs 26,565 crore in June, data with the depositories showed.

Rel Money eyes 1 lakh customers in UAE

Rel Money eyes 1 lakh customers in UAE

Rediff.com12 Feb 2008

Reliance Money has launched its UAE arm and plans to tap 1 lakh customers there.

BJP MLA Fights BJP Government On Corruption

BJP MLA Fights BJP Government On Corruption

Rediff.com14 Oct 2024

'I gave enough evidence and proof to punish corrupt officials.' 'But my own government has not filed any FIR against such officials.'

BoI to beef up foreign business

BoI to beef up foreign business

Rediff.com24 Nov 2005

Destimony launches gold investment fund

Destimony launches gold investment fund

Rediff.com31 Mar 2011

The scheme will invest in gold exchange-traded funds of all Sebi-approved mutual funds, along with capital protection.

Hero MotoCorp to vroom on new launches and uptick in rural growth

Hero MotoCorp to vroom on new launches and uptick in rural growth

Rediff.com23 Aug 2024

Hero MotoCorp (HMCL) saw strong volume performance in the first quarter of the current financial year (Q1FY25), but margins disappointed due to weak spare part sales and negative electric vehicle (EV) margins. The company hopes for a strong festive season due to better rural sentiment. Revenue grew 16 per cent year-on-year (Y-o-Y) to Rs 10,140 crore, operating profit was up 21 per cent to Rs 1,460 crore, and adjusted net profit grew 19 per cent Y-o-Y to Rs 1,120 crore.

FPIs invest Rs 26,565 crore in Indian equities in Jun

FPIs invest Rs 26,565 crore in Indian equities in Jun

Rediff.com30 Jun 2024

After two months of net outflow, foreign investors turned buyers in June, infusing Rs 26,565 crore in Indian equities, driven by political stability and a sharp rebound in markets. Looking ahead, attention will gradually shift towards the budget and Q1 FY25 earnings, which could determine the sustainability of FPI flows, Vipul Bhowar, Director, Listed Investments, Waterfield Advisors, said.

RBI bars IIFL Finance from disbursing gold loans

RBI bars IIFL Finance from disbursing gold loans

Rediff.com4 Mar 2024

The Reserve Bank on Monday barred IIFL Finance Ltd from disbursing gold loans, with immediate effect following multiple supervisory concerns, including serious deviations in assaying and certifying the purity of the yellow metal. A leading financial services provider, IIFL Finance offers a range of loans and mortgages. The latest directions from the Reserve Bank of India (RBI) pertain to only the gold loan business.

Meet Nirmalaji's Core Budget Team

Meet Nirmalaji's Core Budget Team

Rediff.com23 Jul 2024

The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets.