India-focused offshore funds and exchange-traded funds (ETFs) registered a net inflow of over $1 billion in July-September 2014, signalling growing interest by foreign investors in the country's growth story.
As many as ten asset management companies (AMCs) will slug it out to bag the mandate to manage the new exchange traded fund (ETF) that the government plans to set up as a part of this financial year's disinvestment programme.
The recent exit of four board members - the managing director and three independent directors - of Hindustan Oil Exploration Company (HOEC) has led to speculations that Housing Development Finance Corporation (HDFC), the second largest shareholder at
As DLF is unable to redeem mutual funds worth Rs 2,500 crore in view of Sebi's ban on the largest builder in a case pertaining to its IPO in 2007, MFs have said that the capital market regulator should not enforce all its rules on them.
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.