Assets Under Management

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Former Axis fund manager held for cheating investors

Viresh Joshi, a former chief trader and fund manager of Axis Mutual Fund, has been arrested under the anti-money laundering law in a case linked to alleged cheating of investors to the tune of Rs......

Al Falah chairperson had 'incentives' to flee India: ED

Al Falah group chairperson Jawad Ahmed Siddiqui had "incentives" to flee India as his close family members are settled in the Gulf and he received at least Rs 415 crore funds generated......

Zubeen Garg's death: ED, I-T dept to probe event manager's financial crimes

The Enforcement Directorate and Income Tax department are likely to join the Assam police in investigating alleged organised financial crimes and acquisition of benami properties by event manager......

Al Falah Group chief made Rs 415 crore 'dishonestly': ED

The Enforcement Directorate (ED) has secured a 13-day custodial remand for chairperson of the Al Falah group Jawad Ahmed Siddiqui, accused of generating over Rs 415 crore 'dishonestly' from......

SC to hear review plea in ISKCON Bengaluru temple case

The Supreme Court on Wednesday agreed to hear a petition of ISKCON India seeking review of its May 16 verdict which held that the iconic Hare Krishna temple in Bengaluru belongs to ISKCON Society......

FII assets under management at Rs 5.81 trillion

The assets under management of foreign institutional investors rose from Rs 3,84,491 crore (Rs 3,844.91 billion) in January 2006 to Rs 5,81,087 crore (Rs 5,810.87 billion) as on January, 2007,......

Asset Under Management: India's top 15 Mutual Funds

The mutual fund industry took a hit of more than Rs 16,000 crore (Rs 160-billion) on its asset size during 2011, even as the newly-crowned market leader HDFC MF grew in size and consolidated its......

Global funds' asset under custody see second-worst plunge amid market rout

Global fund managers witnessed one of their largest-ever declines in assets under custody (AUC) during the ongoing correction in the Indian markets, as stocks came under pressure from foreign......

ICICI Pru AMC sets price band for IPO, seeks Rs 1.07 trillion valuation

ICICI Prudential Asset Management Company has set a price band of Rs 2,061– Rs 2,165 per share for its Rs 10,600-crore initial public offering (IPO) that will open on Friday. At the upper end of......

ED attaches fresh assets of Anil Ambani's Reliance Group

The Reliance Centre, a guesthouse and some residential assets in Mumbai, apart from 231 plots of land in Chennai, are among the fresh assets worth Rs 1,120 crore attached by the ED as part of its......

Dhurandhar Review: Excessively Violent

Dhurandhar may not have the dark realism of a spy story which a web show can manage. But it does not have the flamboyance either, that has come to be associated with espionage movies, observes......

IPL 2026 Auction: Stars To Watch Out For

The IPL 2026 mini-auction is gearing up for a blockbuster showdown, with 350 players fighting for just 77 spots including 31 overseas berths in what promises to be one of the most competitive......