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  • Business

$6-Billion Foreign Bet on India's Private Banks

 Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026. Illustration: Uttam......

IDFC to merge PMS with StanChart MF

 IDFC is merging its Portfolio Management Services business with the newly-acquired Standard Chartered Mutual Fund to sell MF products targeting high net worth individuals. "At present, we have......

India Opens Doors To Foreign Banks, But...

 But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff   In September 2006, the Union government had put the Satara......

Star fund managers jump ship even as assets soar

 Exodus of top managers an unintended side effect of roaring MF industry Illustration: Uttam Ghosh/Rediff.com The mutual fund (MF) industry has never had it better. Assets are growing at a......

Kelkar on Tata Chem board

 Vijay Kelkar, former advisor to the Union finance minister, has joined the board of Tata Chemicals Ltd as director.Vijay L Kelkar has been appointed as additional director on the board, the company......

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