New York-headquartered hedge fund BlackRock Inc has acquired the 40 per cent stake held by Merrill Lynch in mutual fund DSP Merrill Lynch Fund Managers, in a move that signals the world's fifth......
Experts say investors should keep international funds as part of their portfolio to about 10 per cent. Internationally, analysts are becoming bullish on big gold mining companies. They feel the......
The dollar has strengthened against most currencies. While this helps Indian mutual funds upfront, redeeming in securities other than the US is affected negatively. The performance of......
There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu. Photograph: Nick Zieminski/Reuters Among......
Highest-ever collection via this route; Rs 3,136-crore IPO opens todayInterGlobe Aviation, the company that operates the country’s most-profitable airline, IndiGo, raised Rs 832 crore (Rs......