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Fund raising via preferential allotment falls 36% to Rs 11,000 crore

Fund raising via preferential allotment falls 36% to Rs 11,000 crore

Indian firms raised over Rs 11,000 crore through issuance of shares to promoters and shareholders on preferential basis during April-June quarter, a slump of 36 percent from the year-ago period.

Fund raising via preferential allotment falls 36% to Rs 11,000 crore

Fund raising via preferential allotment falls 36% to Rs 11,000 crore

Indian firms raised over Rs 11,000 crore through issuance of shares to promoters and shareholders on preferential basis during April-June quarter, a slump of 36 percent from the year-ago period.

HDFC MF acquires Morgan Stanley schemes worth Rs 3,290 cr

HDFC Mutual Fund Monday acquired its smaller rival Morgan Stanley Mutual Fund running a total of eight schemes with assets worth Rs 3,290 crore, in a major consolidation exercise in the highly-dispersed sector.