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Equity MF inflows hit 5-month high on record SIP run, easing outflows

The net inflows into active equity mutual fund (MF) schemes registered more than a twofold month-on-month rise in August, crossing Rs 20,000 crore, the highest in five months. Illustration: Uttam......

Multi-asset playbook divides mutual fund industry; hybrids in demand

The change in debt fund taxation is seen as boosting the demand for hybrid funds. Illustration: Uttam Ghosh/ It is no surprise then that asset management companies (AMCs) have launched a......

Dipak Gupta to be interim MD & CEO of Kotak Mahindra Bank

The Reserve Bank has given its nod for appointment of Dipak Gupta as interim managing director and CEO of Kotak Mahindra Bank following the resignation of Uday Kotak. RBI through its letter dated......

M-cap of BSE-listed firms reach fresh peak of Rs 317.33 lakh crore

The market capitalisation of BSE-listed firms reached a new lifetime peak of Rs 317.33 lakh crore on Wednesday as the benchmark Sensex maintained its winning run for the fourth day running.......

Fag-end buying helps Sensex climb 100 points

Equity benchmark indices ended in the positive territory on Wednesday on buying in HDFC Bank and a largely firm trend in Asian markets. Photograph: Shailesh Andrade/Reuters Fag-end buying helped......

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The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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