Equity MF investments plunge 78%, SIP inflows hit all-time high in Nov
Net inflows into equity mutual fund schemes tanked to Rs 1,311 crore in November.
Bombay High Court junks PMC Bank depositors' plea for lifting of restrictions
In their pleas, the petitioners alleged that the RBI's decision...
CG Power fraud: Ex-CFO says Nashik property not sold yet
V.R. Venkatesh, the former CFO, CG Power has denied any sale of property in Nashik i...
SFIO to probe fund diversion at CG Power
“The probe had found certain instances of funds being transferred to the promoter's company. When Thapar was confronted with the same, he refused to give satisfactory replies,” added one of the officials cited above. There was no response from Thapar or the company to a query on this matter from ET.
Mutual funds SIP collection falls marginally in October, total AUM rises by 17%
Mutual funds garnered Rs 8,245.62 crore through SIPs in October, around Rs 17 crore lower than what they collected in September.
SIPs steady, lumpsum equity flows slow down in September
AUM of mutual funds fell to Rs 24.50,786.76 crore from Rs 25,47,593.76 in August.
RBI fast-tracks DHFL resolution, appoints advisory panel
IDFC First Bank's Non-Executive Chairman Rajiv Lall, ICICI Prudential Life Insurance's Managing Director and Chief Executive N S Kannan, and mutual funds' association AMFI's Chief Executive N S Venkatesh would be part of the three-member panel which will advise the administrator of DHFL, an official statement said.
SAT upholds Sebi order against Gautam Thapar, other ex-officials of CG Power
The former officials of the company contended before the tribunal that Sebi, by passing the ex-parte ad-interim order has already placed the appellant guilty without trial.
CG Power's board to decide on CEO KN Neelkant's continuity today
The company board had earlier ousted Chairman Gautam Thapar and Chief Finance Officer VR Venkatesh along with a couple of senior executives for alleged accounting fraud.
Mutual funds witness net outflows in September, SIP flows continue to rise
The AUM has fallen to Rs 25,60,423 crore in September from Rs 25,63,935 crore in August.
'Robot Restaurant' comes to Bengaluru
The restaurant claimed that its Bengaluru launch was after its 'resounding success' in Chennai & Coimbatore.
Confident of expanding AUM to Rs 100 trillion over next decade: NS Venkatesh, AMFI
We definitely need to widen our investor base and that is the prime thing.
Stay away from government matters, BS Yediyurappa kin told
Yediyurappa’s eldest daughter Umadevi said she won’t interfere in her father’s political affairs.
Gold ETFs see highest inflows in over six years
Benchmark gold futures in Mumbai have jumped 23% this year.
Mutual fund SIP collection falls marginally to Rs 8,231 crore in August
SIP AUM on the other hand has risen from Rs 2.69 lakh crore in July to Rs 2.71 lakh crore in August
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