Mutual funds added these 4 new stocks to their portfolios in May. Check detailsMutual funds introduced four new stocks into their portfolios in May, according to Prime Database disclosures. Afcom Holdings saw the highe...
JioBlackRock Flexi Cap Fund exits Adani Enterprises, Adani Ports and 3 other companies; adds Tata Motors and 14 more stocksJioBlackRock Flexi Cap Fund exited Adani Enterprises, Adani Ports and three other stocks in May while adding Tata Motors and 14 new stocks ...
AI startup Pramaana Labs raises $27 million in seed funding led by Khosla VenturesPramaana Labs, an AI startup, has secured $27 million in seed funding. The company develops technology to ensure AI answers are mathematica...
BBC to cut 550 jobs in cost-saving drive, including news division layoffsBritain's BBC is set to eliminate 550 jobs across its news and content departments. This move is part of a significant £500 million savings...
Big Tech-backed coalition for carbon removal increases funding by $915 million, adds AnthropicA major coalition is injecting an additional 915 million dollars into carbon removal technology. This significant funding boost aims to sca...
Iran deal includes $300 billion fund, more than half of which already committed, source saysA significant $300 billion private investment fund is part of a U.S.-Iran framework agreement. More than half of this amount is already com...
How Life Cycle Funds aim to simplify long-term wealth creationIndian mutual fund houses are launching Life Cycle Funds, a new goal-based investment product. These funds automatically adjust asset alloc...
Sebi eases winding-up norms for AIFs, introduces 'inoperative fund' frameworkSebi has introduced a new framework allowing Alternative Investment Funds (AIFs) to retain liquidation proceeds beyond their fund life unde...
Sunil Singhania-backed Abakkus Small Cap Fund adds 3 new stocks, increases stake in HDFC Bank, SBI and 49 othersSunil Singhania's Abakkus Small Cap Fund added three new stocks in May, including Tanla Platforms and Intellect Design Arena. The fund also...
NFO Alert: Kotak Mutual Fund launches first SIF with hybrid long-short strategyKotak Mutual Fund has launched its maiden Specialised Investment Fund (SIF), the Kotak Infinity Hybrid Long-Short Fund, marking its entry i...
Flexi cap fund inflows halve to Rs 5,175 crore in May after record April. Is this profit booking or a buying opportunity?Flexi cap fund inflows dropped 49% in May to Rs 5,175 crore after April’s record surge, reflecting broader moderation across equity categor...
Indian AI startups pitch for funds from venture capitalists in US: Anirudh ArunIndian artificial intelligence companies are increasingly securing funding from the United States. Investors are drawn to promising returns...
New fund offer: Only 1 SIF will open for subscription this week. Check details
Holiday home operator Elivaas plans new funding round; targets 1,200 villasElivaas, a holiday home operator, is preparing for its next fundraising round to fuel expansion. The company plans to double its villa coun...
Mutual fund SIP stoppage ratio slows down to 95% in May, new SIPs surpass discontinued onesThe mutual fund SIP stoppage ratio dropped to 95% in May, indicating more new SIPs were registered than discontinued. This positive trend, ...
China’s Moonshot AI seeks $30 billion value in new funding talksThe developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the m...
Space startup Apex doubles valuation to $2.3 billion in new fundingSpace startup Apex has seen its valuation surge to $2.3 billion. This comes after a new funding round where the company raised over $200 mi...