NFO collections shrink in 2022 as new equity fund launches dry up

Mutual funds have ratcheted up Rs 53,700 crore (Rs 537 billion) through new fund offers (NFOs) in 2022 until November, against Rs 1 trillion in Calendar 2021, notwithstanding the number of launches......

Mid- and small-cap funds outperform large-caps

While large-cap funds, in three months, yielded gains of 26.3%, small-cap funds are up 37.9%, and mid-cap funds fetched returns of 29.9%. Illustration: Dominic Xavier/Rediff.com Small- and mid-cap......

Pune family holds up Navi Mumbai airport's takeoff

CIDCO moves Supreme Court against Rs 1,200 cr compensation order for land parcel Yashwant Bivalkar's bungalow in Pune is adorned with miniature models of tanks and artillery pieces and paintings......

Navi Mumbai airport: HC allows transfer of land

Paving the way for the construction of international airport in neighbouring Navi Mumbai, Bombay high court on Thursday allowed CIDCO to transfer a 157-acre tract of land in Panvel, embroiled in......