Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. Photograph: Danish Siddiqui/Reuters On......
The CEO of Birla Sun Life Mutual Fund, SV Prasad believes the redemptions story is completely overdone. He did agree that there were redemptions, but that was along with net inflows into the MFs'......
'The outlook for the next Samvat is more constructive, as many of the earlier drags are gradually becoming supports.' Illustration: Dominic Xavier/Rediff It's been a testing first half of......
Net inflows into equity mutual fund (MF) schemes scaled a record high in July as the market correction and a raft of new fund offerings (NFOs) lifted lump-sum collections. Active equity schemes......
The Securities and Exchange Board of India (Sebi) on Monday proposed relaxations for asset management companies (AMCs) to serve pooled non-broad-based funds, giving an opportunity to fund houses to......