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