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Large-cap mutual funds see first monthly outflow in over 2.6 years

New Delhi, Aug. 11 -- Large-cap mutual funds recorded their first monthly net outflow in more than 2.6 years in July as investors booked profits after a sharp rebound in frontline stocks, according to... Read More


Mutual funds and distributors fret over fee on UPI transactions

New Delhi, Aug. 10 -- The proposed fees on UPI transactions could take a significant toll on the mutual fund (MF) industry and wealth management business, as they would increase operational costs and ... Read More


Affluent consumption may moderate as hiring slows: Kunal Vora

New Delhi, Aug. 10 -- The Indian growth story has revolved around strong consumption growth across sectors. Foreign direct investment in select sectors has remained robust, though foreign investors h... Read More


Import fears cast shadow over watermelon farmers ahead of new season

New Delhi, Aug. 9 -- Watermelon growers in Gujarat and Rajasthan have urged the government not to come under pressure from traders and relax import restrictions, warning that overseas shipments could ... Read More


Retail participation in IPOs remains dull as investors eye quality over listing day gains

New Delhi, Aug. 8 -- Notwithstanding the early signs of a revival in the primary markets, retail participation in the initial public offering has remained lacklustre as investors have focused on the q... Read More


Q2 cost expected to rise 4-5% sequentially, likely to peak in September quarter: Satish Pai

New Delhi, Aug. 7 -- Hindalco has posted yet another strong financials on the back of strong metal prices and sale of low cost inventory. Satish Pai, Managing Director, Hindalco Industries shares his ... Read More


Not debarred by NHAI, says PNC Infratech

New Delhi, Aug. 7 -- PNC Infratech has clarified that it was not 'debarred' or declared 'non-performer' by the National Highways Authority of India. A subsidiary of PNC Infratech -- Awadh Expressway ... Read More


Rain Industries net rise four times to Rs.341 crore on better realisation

New Delhi, Aug. 7 -- Mumbai, August 7 Rain Industries, a diversified company with business interest in metals and cement, reported that its net profit in the June quarter (Q2 for the company) was up ... Read More


Nifty CAS gap narrows as markets adapt to new system

New Delhi, Aug. 6 -- After the initial euphoria, the difference between the Closing Auction Session (CAS)-driven closing and the general market closing of Nifty is slowly narrowing as markets adjust t... Read More


Chiripal Squash Excellence gears up for Olympics in Los Angeles

New Delhi, Aug. 6 -- As India looks ahead to squash's Olympic debut at the Los Angeles 2028 Games, the Chiripal Group has launched Squash Excellence Programme with an eye to strengthen India's talent ... Read More