DMA raises Rs 22 crore, set to go live in Jan
DMA plans to use the funds to scale up product development and branding, create awareness about its key offerings, followed by an upcoming launch in the Indian e-commerce space.
HDFC Ultra Short Term Fund
How often do we come across our friends/ relatives who have planned a vacation or other similar short term financi...
KKR-backed EuroKids in talks to buy Kidzee for Rs 1,200 crore
The deal, if it goes through, will help Essel Group further deleverage its bala...
Mutual fund inflows into equities halve so far this year as retail investments slow
Fund managers had bought shares worth Rs 1.12 lakh crore during January-October 2018, according to the data provided by the Sebi.
Transmission of mutual fund units of HUF when karta changes
KYC documents of the new Karta and the HUF need to be provided. Transmission form and documents submitted by the new Karta/members are scrutinised and verified by the AMC and if found in order, transmission and changes in the records are carried out.
How much should I invest via SIP in mutual funds to create Rs 3 core?
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
Oman provides India strategic depth in West Asia and Eastern African region
Prime Minister Narinder Modi’s visit to the Sultanate of Oman in 2018 initiated a new energy in bilateral relations with enhanced cooperation in trade and investment, energy, defence, security, food security and regional issues, according to Al Rawahi. Oman too has invested substantially in India.
My mutual fund schemes are not doing well. Should I continue or switch to other MFs?
Mid and small-cap benchmark indices have fallen due to correction in valuation. You can shift your existing mid-cap SIP investment of Rs 7,000 to Kotak Emerging Equity Fund and Axis Mid Cap Fund in equal proportion.
India targets $26 billion defence industry by 2025: Rajnath Singh
Under the Draft Defence Production Policy 2018, the Indian government eyes $5 billion defence exports by 2025. "On the one hand this target is ambitious, but at the same time it's encouraging that India's defence exports have grown almost six-fold in the last two years," Defence Minister Rajnath Singh said.
Govt notifies steel scrap recycling policy: Dharmendra Pradhan
"The Steel Scrap Recycling Policy has been notified in the Gazette of India vide No. 354 dated November 7, 2019. The policy provides a framework to facilitate and promote establishment of metal scrapping centers in India for scientific processing and recycling of ferrous scrap generated from various sources and a variety of products," he said during Question Hour.
Stock investing is about how much you bought or sold when you got it right
Stock buying and selling has become as easy as sending money with UPI.
How Dancing Uncle helped Rahul find Peace!
Rahul, 22, was at lunch with his friends. The conversation was intense- with long hours at work, how does one balance work and life? So how does one do somet...
DHFL stares at insolvency proceedings
The government notified the Insolvency and Bankruptcy Rules, 2019, to provide a generic framework for insolvency and liquidation proceedings of systemically important financial service providers, other than banks.
DHFL stares at insolvency proceedings
In the case of DHFL, bankers want mutual funds on board to ensure that no entity takes a unilateral decision.
IBC may have to be tweaked: SBI, government plan priority status for real estate AIF
India’s largest lender SBI and its arm SBI Capital Markets, which is playing a key role in setting up the fund, have started reaching out to other banks and financial institutions to participate in the AIF — a regulatory parlance for privately pooled vehicles such as venture capital, private equity, and real estate funds. A bank can invest up to 10% of the corpus of an AIF.
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