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2 mins read
HDFC Bank credit card rules change from today, all you need to know
HDFC Bank has implemented new credit card policies starting August 1. The changes include 1 percent…
1 min read
HDFC MF gets Reserve Bank nod for raising stake in Federal Bank, Equitas SFB to 9.5%
Reserve Bank has accorded approval to HDFC Mutual Fund to raise its stakes in Federal Bank as well …
PTI
4 mins read
India's 'Lehman moment' seems closer than ever as top mutual funds defer dues to investors
When an investor buys a mutual fund, specifically invests in a fund that lends money to corporate b…
6 mins read
Mutual fund industry to see many mergers in next couple of years, says Aditya Birla Sun Life AMC’s CEO
The ₹36 trillion mutual fund industry, in India, with 44 players may see consolidation happening in…
2 mins read
ICICI Pru MF, HDFC MF receive payments from Essel Group
New Delhi, Nov 26 () Two asset management companies -- ICICI Prudential Mutual Fund and HDFC Mutual…
PTI
9 mins read
Interest rates on deposits need to go up, say experts, as share of FDs in household financial assets drops
Banks will have to increase interest rates on deposits faster, say experts, as investors turn to ot…
3 mins read
IRM Energy IPO subscribed 75% on day 1 with good retail interest
The initial public offer (IPO) of city gas distribution company IRM Energy was subscribed 75% by th…
2 mins read
Cyient DLM IPO subscribed 67x on final day as QIB bidding surges
The IPO of circuit board maker Cyient DLM was subscribed 67 times on the last day of the issue. The…
2 mins read
Cyient DLM lists at 51% premium beating grey market expectations
Cyient DLM, a circuit board manufacturer, made its debut on the stock market with a 51% premium to …
2 mins read
Archean Chemical Industries IPO subscribed 1.43 times on day 2
The initial public offering of specialty chemical company Archean Chemical Industries has been subs…
4 mins read
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…
1 min read
HDFC to raise up to Rs 4,000 cr via bonds
"The object of the issue is to augment the long-term resources of the Corporation. The proceeds of…
PTI
2 mins read
Aditya Birla Sun Life AMC IPO: Here’s how to check allotment status
The mutual fund company Aditya Birla Sun Life AMC is likely to announce the allotment of its initia…
3 mins read
Aditya Birla AMC IPO’s grey market premium stands at ₹70 per share; up 10% from issue price band
The initial public offering (IPO) of Aditya Birla Sun Life AMC is opening on Wednesday, September 2…
3 mins read
Aditya Birla Sun Life AMC’s ₹2768 crore IPO will open on September 29
The mutual fund company will be the fourth fund house to get listed on exchanges. So far, HDFC A…
4 mins read
Kaynes Technology debuts at 32% premium on exchanges, tops grey market expectations
Shares of Mysore-based Kaynes Technology on Tuesday listed at ₹775 per share, marking a 32% premium…
2 mins read
Aditya Birla Sun Life AMC IPO likely to open next week with a ₹3,000 crore issue size
Initial public offering (IPO) of Aditya Birla Sun Life AMC may open in the last week of September w…
7 mins read
Although FII flows have reversed, retail investor confidence remains low thanks to macro concerns
Retail investors, who have been propping up equity markets, are now also turning cautious due to th…
8 mins read
Equity savings funds explained: A substitute for FD with a marginally higher risk?
Equity savings funds are probably not as well known as their cousin, equity linked savings scheme o…
5 mins read
CAMS IPO subscribed 82% on day one itself — CEO shares the 30-year journey to an IPO
This technology-driven financial services and infrastructure provider to the Indian asset manage…