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Zomato becomes a top pick for large mutual fund houses in July

These five mutual fund houses comprise more than 55% of the industry’s total assets under manage…

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1 min read

Aditya Birla Sun Life MF halts fresh subscriptions in two debt funds

The move comes after Franklin Templeton MF last month closed six of its debt funds, citing rede…

PTI   


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Protean eGov Technologies closes debut day with 11% listing gains

Protean eGov Technologies listed at 3% premium on Monday on the first day of Samvat 2080. The grey …

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Peter England's Pongal campaign combines the objective of resetting family relationships, festivity, colour, and celebration

The TVC encapsulates the essence of the festive season and the strong bond between father and son

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Kumar Mangalam Birla steps down as non-executive director, non-executive chairman of Vodafone Idea

Birla -- who had in June offered to give away his holding in the joint venture with Britain's …

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Bikaji Foods raises ₹262 crore form anchor investors; over 40% shares bought by mutual funds

FMCG company Bikaji Foods International raised ₹262 crore from anchor investors, the company said o…

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7 mins read

A year after market debut, Paytm is the worst performer among recent large IPOs – Cartrade, Policybazaar and LIC join the party

The Paytm IPO was the second largest in terms of value, but it has been amongst the worst first-yea…

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Cash-logistics company Radiant Cash Management raises ₹116 crore from anchor investors

Radiant Cash Management Services Limited (RCMS), an integrated cash logistics company in India has …

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14 mins read

IPOs in FY23 have been fewer but many have fared better than the previous year

The post-Covid boom saw 84 IPOs being listed on the stock exchanges in FY21 and FY22, but that pace…

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4 mins read

California-based VC laps up about a third of DreamFolks’ anchor investor pie

Airport services aggregator platform DreamFolks Services has raised ₹252 crore from anchor investor…

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OYO blames Zo Rooms for ‘forum hunting’ after Zostel’s latest plea to stop its IPO

Update: The article has been updated to include the Delhi high court's verdict issued on September …

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3 mins read

OYO may file for a $1 billion IPO next week

Business Insider has reached out to OYO, seeking comments on the same. According to media r…

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CarTrade raises ₹900 crore from anchor investors ahead of its IPO, issue opens on Monday

Nomura, HSBC Global, Goldman Sachs, Jupiter India Fund, Elara India Opportunities Fund, Aditya B…

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The Aditya Birla Group is doing something unique to ensure better revenues from its companies

In the past one year, the $41-billion, or about Rs 2,67,000-crore, group has shown confidence in yo…

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1 min read

UK's Standard Life sells 2 pc stake in HDFC Life for Rs 1,985 cr

Axis Mutual Fund (MF), Mirae Asset MF, ICICI Prudential MF, Fidelity Investment, Aditya Birla Sun …

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Life insurance sector witnesses 18.6 pc drop in first-year premium: CARE Ratings

Attributing the decline in business in the first quarter of the current fiscal to lockdown and bus…

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Sai Silks Kalamandir’s stock gains after debut, ends with 10% listing gains

Sai Silks Kalamandir’s stock debuted on the bourses at a 3.5% premium, in line with grey market exp…

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New fund alert: 'Axis India Manufacturing Fund'

Axis Mutual Fund has launched the Axis India Manufacturing Fund, an open- scheme that mirrors India…

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4 mins read

Explained: Is this the right time to invest in long duration debt funds?

With the Nifty surpassing 22,000 and the Sensex above 73,000, the bulls are making merry on Dalal S…

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6 mins read

Silver on an upswing – The metal may offer an attractive investment option as China reopens

Price of silver has rallied in the last few months, as industrial demand also saw a pick up. Beside…