MF inflow in equity mkts drop by 58% to Rs 4,300 cr in July

Last Updated: Monday, August 3, 2015, 15:13

In comparison, mutual fund reported a net inflow of nearly Rs 31,000 crore in the debt markets last month.

Asian dividend funds turn to China, India to counter US Fed hike

Last Updated: Monday, August 3, 2015, 08:41

Some fund managers say they are shifting from traditional favourites such as investment trusts, telecoms and utilities to emerging market companies offering faster earnings growth and cheaper valuations.

LIC nets 15% gains from equity play at Rs 24,373 cr in FY15

Last Updated: Sunday, August 2, 2015, 15:15

In spite of mounting regulatory glare and analyst criticism, state-run financial sector powerhouse LIC has reaped rich returns from its equity market play in the last fiscal with 15 percent gains at Rs 24,373 crore.

PFRDA may allow fund managers to invest 3% of corpus in PE

Last Updated: Sunday, August 2, 2015, 13:41

Sector regulator PFRDA is looking at allowing pension fund managers to invest up to 3 percent of corpus in private equity (PE) to maximise return, and a decision in this regard is likely to be taken in 3-4 months.

FPIs pump in Rs 5,300 crore in Indian stock market in July

Last Updated: Sunday, August 2, 2015, 11:39

Foreign investors have turned net buyers in July and pumped in Rs 5,300 crore in the Indian equity market, after pulling out hefty funds in preceding two months.

Govt to infuse additional Rs 800 crore into Air India

Last Updated: Friday, July 31, 2015, 20:35

The Finance Ministry on Friday sought Parliament's nod for making an additional equity infusion into Air India worth Rs 800 crore, less than half the amount sought by the Civil Aviation Ministry for the national carrier.

BofA-ML flags downside risk to $15-billion FPI inflow forecast

Last Updated: Friday, July 31, 2015, 00:10

Foreign portfolio investment (FPI) inflows into India could trip below USD 15 billion this fiscal amid continued global uncertainty, a Bank of America Merrill Lynch (BofA-ML) report says.

Swissport airport services sold to China's HNA for $2.8 bn

Last Updated: Thursday, July 30, 2015, 22:14

Private equity company PAI Partners announced on Thursday it is selling airport ground handling and cargo company Swissport International to China's HNA Group for 2.7 billion Swiss francs (USD 2.8 billion).

Tata Mutual Fund renames, restructures existing scheme

Last Updated: Thursday, July 30, 2015, 21:00

Tata Mutual Fund has restructured its already existing monthly income fund with added features and renamed it as Regular Savings Equity Fund.

FDI inflows rose in 2014-15 from 3 countries visited by Modi

Last Updated: Thursday, July 30, 2015, 19:59

FDI inflows increased in 2014-15 from three countries out of four major investing nations visited by Prime Minister Narendra Modi last fiscal with Australia showing a decline, government said Thursday.

Blackstone sells stake in Agile to 4 firms including Tata unit

Last Updated: Thursday, July 30, 2015, 17:12

Blackstone Group on Thursday said it has sold its 97.9 per cent stake in Agile Electric Sub Assembly Pvt Ltd (Agile) to four different entities including Tata Capital Growth Fund.

Equity MFs asset base climbs 55% to Rs 3.72 lakh crore

Last Updated: Monday, July 27, 2015, 18:36

The asset base of equity mutual funds surged about 55 percent to Rs 3.72 lakh crore at the end of June, from the year-ago level, as retail investors poured money into these schemes.