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OAKS Asset Management launches second private equity fund
OAKS Consumer Fund, which aims to raise Rs 500 crore with a green-shoe option of another Rs 250 crore, is targeting consumer startups and m...
Sundaram AMC notifies CCI of 100% stake acquisition in Principal Asset Management
Earlier in January, SAMC had announced its plans for the transaction, which included Principal Trustee Company Pvt Ltd (PTCPL) and Principa...
HDFC Mutual fund sells 2.73% stake in Just Dial for over Rs 108 crore
Based on the weighted average price of Rs 639.60 of the stock on the sale day, the transaction is estimated to be around Rs 108.15 crore.
Private asset rejig companies will need cash to boost bad loans business
According to banking sources, lenders have already identified corporate loans of over Rs 1.5 lakh crore to be transferred to the NARC, whic...
Max Asset Services enters into managed office space segment
Flexible workspaces as a segment has grown rapidly to now form 10% of the new office leasing in India, as per a recent Cushman & Wakefield ...
Which mutual fund schemes should you choose to invest Rs 10,000 for 5 years?
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
Soma group’s Uttarakhand power assets up for sale
Beta Infratech is a wholly owned subsidiary of Soma Energy, promoted by Ankineedu Maganti and Dileep Kumar Yalamanchili. The company was ad...
Will my mutual fund portfolio help me create Rs 10 crores in 15 years?
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
Swajal raises $1.6 million in funding
The company said it will use the funds for innovation and research to make drinking water more accessible, sustainable, and plastic-free.
Kotak Investment Advisors raises $380 million through new realty fund
The new fund will target a range of real estate financing opportunities mainly through debt funding across key cities in India.
Sebi notifies easier profitability rule for mutual fund sponsor
Under the new norms, sponsors that are not fulfilling profitability criteria at the time of making an application would also be considered ...
Managing mutual funds is like playing Test match with T20 rules: Kalpen Parekh
Our challenge is to get the right balance between surviving for the long term, delivering more consistently in the medium term and ignoring...
Budget 2021-2022: Bad Bank for large corporates and a new framework for MSMEs
A special framework for MSME has been on cards for some time. According to the Economic Survey there are 6 crore MSMEs employing 11 crore p...
Budget: FM announces asset reconstruction and management company for real estate NPAs
In August, the Reserve Bank of India’s announced a one-time restructuring term loans with up to 2 years moratorium, without classifying the...
IRFC lists at nearly 4% discount to offer price
IRFC is the third company to have listed below the offer price in the past four months. In October, UTI Asset Management Company listed at ...
Nippon Life Asset Management India Q3 profit surges to 42%
Total income rose by 11 per cent to Rs 399 crore during the quarter under review from Rs 360.64 crore in three months ended December 31, 20...
Who needs to sit next to a trader? Asset managers embrace outsourcing
The shift to outsourcing has also been accelerated by changes in working practices brought about by the pandemic.
Midcap going to be the most exciting space: Sundaram AMC’s Sunil Subramaniam
He believes that India is delicious poised supported by low-interest rates and low inflation.
RBI rejects Muthoot Finance's proposal to acquire IDBI Asset Management Company
IDBI Bank, which was planning to sell its mutual fund business for Rs 215 crore to comply with regulations, will now have to find a new buy...
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