Domestic financial institutions led by state-owned LIC and mutual funds, who together hold around 21.3% in Maruti Suzuki, are likely to firm up their stance after the auto major's shareholders meeting next month about its plans to set up a car plant in
Weeks after the Securities and Exchange Board of India (Sebi) barred DLF and six of its top executives from accessing the capital market for three years, mutual funds are citing the regulator’s order to decline the refund of Rs 2,000 crore invested
Eight months after India's largest car maker, Maruti Suzuki India, announced plans for a Gujarat unit to be set up as a wholly-owned subsidiary of parent Suzuki, opposition to the move continues to simmer.
Asset management companies (AMCs) with net worth less than the Securities and Exchange Board of India (Sebi)’s new threshold of Rs 50 crore aren’t facing hurdles in launching new mutual fund (MF) schemes alone; fresh offerings in portfolio
It’s raining equity new fund offers (NFOs) this year. So far this year, the Rs 10 lakh-crore-Indian mutual fund sector has launched 45 new equity offers, the most since 2007, when 48 NFOs (the most so far) had hit the market.
Having faced regulator's flak for paying high upfront commissions to their agents, mutual funds are discussing a proposal for doing away with such one-time payments and replacing it with smaller amounts staggered over a longer period of time.
The Insurance Regulatory and Development Authority (Irda) is looking to allow insurance companies to deal with equity derivatives. R K Nair, member-finance & investment, Irda, revealed this while speaking at a function here on Thursday.
Birla Sun Life Mutual Fund, the country fourth largest fund house, is the newest entrant in the club of members having at least Rs 1 lakh-crore of corpus under management.It is the second fund house to do so this year.