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LIC Mutual Fund announces launch of India’s first women-centric AMC branchLIC Mutual Fund has inaugurated India’s first women-centric mutual fund branch in Delhi, aimed at boosting women’s investment participation...- India’s small-towners are rolling in cash & looking for answers on what to do with itIndia's wealth landscape is shifting beyond metros, with Tier II and III cities driving growth, fueled by economic decentralisation and lan...
- GIC in talks to acquire warehousing assets from ESR for $400 millionESR manages $156 billion in total assets under management (AUM), across markets such as China, Japan, South Korea, Australia, Singapore, In...
- Five Star Business Finance IPO opens today: Here's what brokerages are sayingThe issue is entirely an offer for sale (OFS) by the promoters and existing shareholders of the company, aggregating to Rs 1,960 crore. The...
- Five-Star Business Finance IPO to open on Nov 9; price band fixed at Rs 450-474Five Star Business Finance has created a business model based on identifying an appropriate risk framework and the ideal instalment-to-inco...
- Shriram City aims to grow gold loan book to Rs 15,000-20,000 crore over next 5 yearsThe company, which has a strong gold loan franchise in south India, on Tuesday announced the launch of its gold loan product across 70 bran...
- Aptus Value Housing Finance lists at 7% discount to issue priceThe Rs 2,780 crore IPO, which was sold from August 10 to August 12, was subscribed 17.20 times. The category for qualified institutional bu...
- Shriram Life Insurance FY21 results: Net profit jumps three-fold to Rs 106 crThe company's profit after tax has grown three-times to Rs 106 crore in FY20-21, backed by technology adoption and an increase in rural pen...
- Muthoot Microfin plans to raise Rs 350 cr via share saleMuthoot Microfin is planning to raise Rs 350 crore by selling shares during the current year, to fund business growth. Besides, the microfi...
- MF assets to hit Rs 52 lakh crore by FY25; 42% to be equity assets: CrisilCrisil MD and CEO Ashu Suyash expects passive funds to emerge another contributor in the mutual fund business.
- Muthoot Finance expects gold loan portfolio to grow 15-20% in 2020-21: Managing DirectorAs gold prices are currently ruling high, the collateral is becoming more valuable, Managing Director George Alexander Muthoot said adding ...
- Stocks in the news: RIL, DHFL, Cipla, Bajaj Consumer, ZEEL and Indiabulls HousingThe USFDA has red-flagged Torrent Pharmaceuticals for significant violations of CGMP.
- Anantnag terror attack: Slain terrorist Pak national with links to JeM, says Intelligence agenciesClaims by local terrorists aimed at misleading investigators as over 105 terrorists, mostly from JeM, have been killed in the Valley post P...
- Contra view: After up to 90% rally, MFI stocks may be ripe for a selloffMost analysts are gung-ho on the microfinance sector on expectations of better credit growth as economic growth has bottomed out and NPA ma...
- Ravi Jaipuria promoted RJ Corp ties up with TWG Tea to set up tea loungesRJ Corp has an existing agreement with British cafe chain Costa Coffee. The average cost of setting up an outlet would be Rs 10 crore, Jaip...
- Worried about FII outflow? Inflows should resume soonFII inflows in the country totalled Rs 98,177.9 cr while it stood at only Rs 25,191 cr in the first 10 months of the current year.
- India, Brazil offer investors highest nominal yields: ReportThe assets of money market funds (MMFs) in Brazil and India have increased significantly compared with the decline seen in Canada and Taiwa...
- Religare Credit Advisors closes maiden Rs 500 crore debt fund, plans to raise two moreRCAL has raised its debut Rs 510 crore domestic Credit Opportunities Fund to invest in secured corporate debt instruments.
- NRIs can invest in National Pension System: PFRDAThis window would provide NRIs to save money for their old age, he said adding that they would also enjoy the tax break as prescribed.
- Singapore's OCBC to buy ING Asia pvt banking biz for $1.46 bnSingapore-based Oversea Chinese Banking Corporation will acquire the Asian private banking business of Dutch financial services major ING G...
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