Mutual Fund Transactions Surge Online

Major fund houses report a sharp rise in online transactions, driven by changing investor habits, distributor behaviour, and fast-growing fintech platforms. Illustration: Dominic Xavier/Rediff  ......

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......

HDFC pips TCS as India's most-valued brand

Financial services giant HDFC Bank, carrying a brand value of $44.9 billion, has surged past IT consulting behemoth Tata Consultancy Services (TCS) to reclaim its crown as the country’s most......

Stocks of asset management firms surge as regulatory uncertainty eases

Shares of asset management companies (AMCs) have rallied in the last 3-4 sessions due to clarity on regulatory changes in total expense ratios (TER) and expectations that it won’t upset......