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2 mins read

Equity returns over the next 3 years will be modest, but better than other asset classes: Franklin Templeton MF

The asset manager's president Avinash Satwalekar said Franklin Templeton crossed the Rs 1 lakh cror…

PTI   


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2 mins read

SEBI places JSW Cement's Rs 4,000-cr IPO on hold for now

The proposed issue involves a new issue of equity shares worth Rs 2,000 crore and an offer-for-sale…

PTI   


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1 min read

Ecom Express files papers with Sebi for Rs 2,600-crore IPO

Ecom Express Ltd sought to raise Rs 2,600 crore through an IPO, consisting of a fresh issue worth R…

PTI   


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2 mins read

Smartworks Coworking Spaces files IPO papers with Sebi; eyes Rs 550 crore via fresh issue

Smartworks Coworking Spaces Ltd has submitted initial papers to Sebi for an IPO, aiming to raise Rs…

PTI   


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Mutual funds collects ₹63,854 cr via new fund offers in 2023

Asset management companies launched 212 new fund offerings mobilising Rs 63,854 crore in 2023, marg…

PTI   


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2 mins read

Hindenburg alleges SEBI Chairperson, her husband had hidden stakes in obscure offshore funds with links to Adani scandal

"We had previously noted Adani's total confidence in continuing to operate without the risk of seri…

ANI   


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3 mins read

Blackstone is doubling down on its efforts to woo the wealthy with 2 new funds, flying in the face of BREIT critics

Blackstone's Jon Gray said the private-equity giant plans to launch two new funds for wealthy indiv…

Alex Nicoll   


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2 mins read

ICC planning multi-million dollar fund to save Test cricket: Report

The initiative, which was was proposed by Cricket Australia (CA), has the support of BCCI Secretary…

PTI   


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5 mins read

Mutual fund AUM crosses the Rs 60 lakh crore mark, SIP nos. and AUM touch all-time highs

As AMFI data further revealed, the number of new SIPs registered in June 2024 stood at a staggering…

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2 mins read

AMFI Data: Debt funds see major outflows, thematic cap funds attract Rs 22,351.69 crores in June 2024

​Liquid funds saw the maximum outflows of Rs 80,354.03 crores. This is generally attributable to in…

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3 mins read

RNFI Services Limited IPO to open on July 22; company aiming to raise Rs 70 crores

RNFI Services Limited, offering advanced financial technology solutions, has announced its plan to …

ANI   


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2 mins read

New Fund Offers explained – Should you bite the bullet or stick to the tried and tested?

The Indian markets have been on a bull run with benchmark indices, the Nifty and the Sensex, scalin…

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4 mins read

As markets touch historic highs, index funds continue to offer exciting returns! Should you invest?

Index funds are funds that aim to replicate the performance of a specific market index, such as the…

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3 mins read

Middle East wealth funds are scrambling to rescue their big bets on the future

The sovereign wealth funds of Saudi Arabia and Abu Dhabi have made big bets on tech firms that now …

Hasan Chowdhury   


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3 mins read

The new power figures in hedge funds do not manage money

The hedge-fund industry's newest rock stars don't manage money. That and more in today's newsletter.

Matt Turner   


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1 min read

RK Swamy stock makes weak debut on bourses; lists at 13% discount

Shares of integrated marketing services firm RK Swamy made a weak debut on the bourses on Tuesday w…

PTI   


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2 mins read

SEBI brings in new norms to regulate finfluencers

Stock market watchdog Securities Exchange Board of India (SEBI) has brought in new norms to regulat…

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2 mins read

Walmart is now offering price cuts on more than 7,200 items, and it's not done yet

Walmart has cut prices on a wide range of items, and CEO Doug McMillon says brands should "do the r…

Dominick Reuter   


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3 mins read

An Arkansas county doesn't want families to move. It's offering them up to $50,000 to buy a new home.

Mississippi County, Arkansas is offering new and existing residents up to $50,000 toward their drea…

Allie Kelly   


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5 mins read

The wealthy's new favorite sport is coming for pickleball's crown

Padel has gained steam this year as a more active alternative to the widely popular pickleball.

Dan DeFrancesco