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Over Rs 77,000 cr fly out of mutual funds in Sept

Dragged down by liquid/money market schemes, the Indian mutual fund industry witnessed net outflow to the tune of Rs 77,142 crore in the month of September - the biggest drop since March 2015.

IndiaFirst receives Rs 150 cr capital from promoters

IndiaFirst Life Insurance has received additional capital of Rs 150 crore from its three promoters - Bank of Baroda, Andhra Bank and UK’s wealth and investment company Legal & General as per their shareholding pattern.

ETF market to get a boost from EPFO, retail money

The $2 billion ETF market in India will get a boost from EPFO funds and retail money that will flow in, said Koel Ghosh, director - business development, Asia Index on Tuesday.

Rupee gains 4 paise against dollar

The rupee strengthened by four paise to 65. 25 against the dollar in early trade today on sustained selling of the US currency by exporters and banks amid firm equity

Time your investments properly to save taxes

The salaried class taxpayers gear up for shopping when the festive season is round the corner, be it buying new clothes or spending on luxury items.

MF industry asset base rises by Rs 86,956 cr in Jul-Sep

The Indian mutual fund industry's average assets under management (AAUM) collectively grew by Rs 86,956.78 crore or 7.04 per cent in the July-September quarter.

PFC bonds subscribed over 12 times on day 1

Investors, who had missed the NTPC tax-free bond offering a couple of weeks ago, were clearly waiting in the wings to pounce on the Rs 700-crore PFC issue that opened on Monday and was lapped up within hours.

Black money: Govt revises amount higher at Rs 4147 cr

Government collected Rs 4,147 crore during the 90-day black money disclosure compliance window, which is higher than the previously announced amount of Rs 3,770 crore.

India's electronic financial sector has rooms for competition

There is enough room to create more competition in the electronic and digital segments of the financial markets in India, especially the cash-management through ATM-debit card use, a top MasterCard

Rupee strengthens 27 paise against dollar

Rising for the fifth day in a row the rupee appreciated by 27 paise to trade at 65. 24 against the US dollar in early trade today at the Interbank

  • Payout on Franklin Templeton plan

    FT Capital Protection Oriented plan has announced up to 100 per cent of distributable surplus as dividend.

  • Canara Robeco declares dividend

    Canara Robeco Interval Series 2 has declared up to 100 per cent of distributable surplus as dividend.

  • Payout on HSBC MF plan

    HSBC Mutual Fund has declared up to 100 per cent of distributable surplus as dividend on HSBC Fixed Term Series 30.

  • Dividend on Kotak MF

    Kotak Mutual Fund has announced up to 100 per cent of distributable surplus as dividend on Quarterly Interval Plan Series 8.

  • UTI Mutual Fund declares dividend

    UTI MF has declared up to 100 per cent of surplus as dividend on UTI Quarterly Interval Fund Series IV.

  • Payout on Bharti AXA scheme

    Bharti AXA Mutual Fund has declared dividend on weekly frequency on Bharti AXA ST Income Fund.

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Contents In this section will be updated soon


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Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


William D. Green

Chairman & CEO, Accenture