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Mutual fund assets surpass FPIs for the first time, driven by strong SIP inflows

New Delhi, July 8 -- Thanks to the exuberance of retail investors, the assets under control (AUC) of mutual funds across debt, equity, and ETFs have surpassed those of Foreign Portfolio Investors (FPI... Read More


SBI MF set to enter private credit, unlisted equity via AIF

New Delhi, July 6 -- SBI Mutual Fund plans to enter into private credit and investment in unlisted equity space through the alternative investment fund route. The fund house was operating in the priv... Read More


Rise in dollar inflows may put additional pressure on Gold prices

New Delhi, July 5 -- Gold prices have come under pressure over the past month due to weakness in global bullion markets, while expectations of substantial dollar inflows through the RBI's FCNR(B) depo... Read More


Invicta Diagnostic ventures into Pune, takes tally to 10 centres in state

New Delhi, July 2 -- Invicta Diagnostic, a leading diagnostic service provider in Maharashtra, has opened a new diagnostic centre in Pune through its subsidiary, Porteus Medical LLP and increased its ... Read More


Carlsberg files confidential IPO papers with SEBI to raise Rs.7,100 crore

New Delhi, July 2 -- Danish brewer Carlsberg A/S learnt to have filed papers confidentiality with the market regulator SEBI for tapping the primary markets. One of the largest brewers in India, Carls... Read More


PBPartners ropes in 5 lakh partners in 5 years

New Delhi, July 2 -- Mumbai PBPartners, the PoSP platform of Policybazaar, has enhanced its partners' network to 5 lakh from 66,000 in the last five years of its operations. The coverage across citi... Read More


Adani Enterprises, IHC Group to invest Rs.1.08 lakh crore in aluminium venture in Odisha

New Delhi, July 2 -- Adani Enterprises and Abu Dhabi-based natural resources investment platform IHC Group have signed a Memorandum of Understanding with the Odisha Government to invest Rs.1.08 lakh c... Read More


FPIs holdings in Indian equities drop to two-decade low on weak returns

New Delhi, July 1 -- Foreign portfolio investors' shareholding in Indian equities has fallen to a two-decade low, dropping below that of domestic institutional investors, driven by the relative underp... Read More


IPO fundraising plunges 89% in June quarter as OFS issues rise

New Delhi, June 30 -- Fundraising through mainboard initial public offerings (IPOs) by India Inc witnessed a sharp decline in the June quarter, even as offer-for-sale (OFS) issuances by promoters and ... Read More


Textile companies rush to IPO market for growth capital

New Delhi, June 26 -- Buoyed by the recent signing of free trade agreements (FTAs) and growing unrest in competitor Bangladesh, domestic textile companies are rushing to stock exchanges to raise capit... Read More