Godrej Wealth plans to enter the asset management business next year. The company is filing for a mutual fund license and expects entry in ...

India’s wealth-management market could grow 2.5 times to $436 billion by 2034, driven by rising incomes, financialisation of savings and wi...

Bank of America has hired Srijith Nair from Goldman Sachs for key Asia roles. Nair will lead financial institutions group investment bankin...

August witnessed a significant decrease in cash holdings among mutual funds, with a collective reduction of nearly Rs 8,502 crore across 27...

On Thursday, shares of Asset Reconstruction Company India Ltd. debuted with little movement following a notable initial public offering val...

The Rs 1,255.57 crore IPO was priced at Rs 404 per share and included both a fresh issue and an offer for sale (OFS). The fresh issue compr...

Mirae Asset Venture Opportunity Trust and its managers settled with Sebi for Rs 12.7 lakh. This settlement followed a breach of regulatory ...

In a successful share sale, the National Stock Exchange captured the interest of more than 150 anchor investors. Notably, overseas funds ac...

Morgan Stanley is converting eight municipal bond mutual funds to ETFs. This move will transition nearly ten billion dollars in assets unde...

This follows the entities filing a settlement application proposing to resolve the enforcement proceedings against them through a settlemen...

SEBI has allowed arbitrage mutual funds to temporarily carry unhedged positions of up to 1% of their plans, aiming to improve liquidity in ...

The valuation gap is becoming difficult to ignore. While the Nifty 50 is trading at around 21 times earnings, the Nifty Midcap and Smallcap...

Gaja Alternative Asset Management reported a 35% profit increase for the June quarter. Its income rose 26% year-on-year, reaching Rs 51.8 c...

ICICI Prudential AMC secured Reserve Bank of India approval for significant bank share acquisitions. The approval allows for aggregate hold...

The Reserve Bank of India has approved ICICI Prudential Asset Management Company's proposal. This approval allows an aggregate holding of u...

Ihab Dalwai has been appointed as a Senior Member of Investments at HDFC Asset Management Company, where he will oversee equity assets for ...

Following the introduction of the Closing Auction Session, capital-market stocks displayed a range of performances. While Motilal Oswal Fin...