Fidelity to focus on returns, not asset size

The domestic mutual fund industry is keenly watching Fidelity Investments entry, but the financial giant itself seems unconcerned and, according to its officials, "we are not under pressure to......

High-level delegation of US pension funds to visit India next week

A delegation of high-level executives from US public pension funds (non-profit and government sectors) is visiting India next week to assess and familiarise themselves with the investment......

Why Foreign Financial Firms Quit India

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......

Fidelity Investments sets up BPO unit in Gurgaon

Fidelity Investments, the biggest mutual fund company in the United States, with assets worth $800 billion under management, has set up its business process outsourcing centre in Gurgaon, near......