Equity fund inflows grow 23% to Rs 26,866 cr in February: AMFI
Mumbai: Inflows to open-ended equity funds surged by 23 percent to reach Rs 26,865.78 crore in February, marking the 36th consecutive month of positive inflows into equity funds since March 2021, according to data published by the Association of Mutual Funds in India (AMFI) on Friday.
Mumbai: The number of complaints lodged by investors and distributors for the half-year ending September 30, 2023, stood at a mere 485 complaints, the Association of Mutual Funds in India (AMFI) said in a report.
Mumbai: The top five states and Union Territories, including Maharashtra, New Delhi, Karnataka, Gujarat and West Bengal witnessed an average growth of around 27-30 percent in AAUM (Average Assets under Management) in January 2024 on a year-on-year basis.
Spotlight India: Singapore's investment giant Temasek's top execs on a visit to India
Mumbai: The 11-member board of directors from Temasek is currently on an important visit to India, seen as a global bright spot, Moneycontrol reported.
ONGC planning to invest Rs 1 lakh cr to set up two petrochemical plants
Mumbai: India’s leading oil and gas producer and explorer ONGC is planning to invest approximately Rs 1 lakh crore in setting up two petrochemical plants aimed at directly converting crude oil into high-value chemical products, Moneycontrol reported.
KKR to invest Rs 2,069 crore in Reliance Retail for additional 0.25% stake
Mumbai: Global investment firm KKR will invest Rs 2,069.50 crore into Reliance Retail Ventures Ltd (RRVL) to increase its equity stake in the retail major from 1.17% to 1.42%.
RBI revises rules for classification and operation of investment by banks
Mumbai: The Reserve Bank of India (RBI) said on Tuesday that it has amended the existing norms for the classification, valuation, and operation of investment portfolios of commercial banks based on the feedback it received from a discussion paper.
Guwahati: Assam on Tuesday inked Memorandum of Understandings (MoUs) with nine companies that are estimated to bring private investments to the tune of Rs 8201.29 crore.
Hyderabad-based QSR chain ZOMOZ raises funds for global expansion
Hyderabad/IBNS: Internet food company Zomoz has raised an undisclosed amount from existing investor and food tech unicorn Rebel Foods in its second round of capital to further global expansion.
Page Industries to invest Rs 290 cr in Telangana
Hyderabad/IBNS: Exclusive licensee of Jockey International in India Page Industries on Wednesday announced to invest Rs 290 crores to set up two facilities in Telangana.
SIP contribution in September 2022 jumps to highest ever Rs 12,693 lakh crore: AMFI
SIP contribution in the month of September 2022 increased from Rs 12,693.45 lakh crore to the highest ever Rs 12,976.34 lakh crore with the number of SIP accounts standing at 5,83,77,684, according to data released by the Association of Mutual Funds of India (AMFI).
'INSIGHT 2022': Nitin Gadkari calls for professionally managed public transport system
New Delhi/UNI: Union Minister for Road Transport and Highways Nitin Gadkari on Thursday called for a professionally managed public transport system.
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UP has become favourite destination for investors: Kumar Mangalam Birla
Lucknow/UNI: Referring to the old ties between Uttar Pradesh and the Aditya Birla Group (ABG), Chairman of ABG Kumar Mangalam Birla on Friday said post independence an aluminium factory in the name of Hindalco in the state was set up by them, marking the beginning for his group to becoming the world's largest company in its field.
Kolkata/IBNS: During the national conclave Dream, Believe, Magic (DBM) hosted by Young India, youth arm of CII (Confederation of Indian Industries), Co-founder of Emcure Pharmaceuticals Namita Thapar said she bets on passionate and driven entrepreneurs who recognise their market in-depth.