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Small and midcap funds fare well in Q2: CRISIL

The small and midcap fund category was the only positive performer among pure equity mutual funds, in the latest quarter ended September 2015, rating agency CRISIL has said.

QIP issue proceeds drop nearly 30% to Rs 726 crore in May

QIP issue proceeds drop nearly 30% to Rs 726 crore in May

The funds raised in May are the second-lowest after Rs 225 crore mopped up in January this year.

Quake-hit Nepal to establish Rs 200 billion fund for reconstruction

Nepal Prime Minister Sushil Koirala said on Sunday that his government is planning to establish a Rs 200 billion fund for reconstruction work after two deadly quakes and thanked neighbouring countries including India for their help in the aftermath of the tragedy.

PM Modi meets pension fund managers, seeks investments

Prime Minister Narendra Modi today met managers of Canada's major pension funds and sought investments from them in India's infrastructure sector.

Fund raising via QIP hit 5-yr high at over Rs 28,000 cr in FY15

Fund raising through the qualified institutional placement (QIP) route has hit five years high of over Rs 28,000 crore in 2014-15, indicating increased interest among domestic firms to mop-up capital via this route.

Odisha: Centre sanctions fund for 'Nabakalebar' festival

Announcing its commitment to put Odisha in the international tourism map, Centre on Saturday sanctioned Rs 50 crore for Lord Jagannth's 'Nabakalebar' festival from the Prasad Scheme, a national mission on pilgrimage rejuvenation and spiritual augmentation drive.

Italy's Benetton to join fund for Rana Plaza victims

Italian fashion retailer Benetton will pay into a fund set up to compensate victims of the 2013 Rana Plaza factory collapse in Bangladesh that killed more than 1,100 people, the company said on Friday.

Fund mop-up via debt placement rises 40% to Rs 2.67 lakh crore

Driven by higher fund mobilisation by PFC and REC, capital raised by Indian companies through corporate bonds on private placement basis surged by 40 percent to Rs 2.67 lakh crore in the first nine months of the current fiscal.

Russia leads UN initiative to target Islamic State financing

 Russia is leading a U.N. Security Council initiative to ratchet up pressure on countries to cut off the cash flow to Islamic State militants, Russia and council diplomats said on Wednesday.

Sensex up 49 pts in trade on fund inflows, reform hopes

Rising for the sixth consecutive session, the benchmark BSE Sensex gained over 49 points in Monday morning trade on sustained foreign capital inflows amidst hopes of more reforms by the government.

Growing foreign fund influence a risk for emerging markets: BIS

The global fund management industry is a potential source of risk for emerging markets because of its vast size and herd-like investor behaviour that can exacerbate asset price fluctuations, a BIS report said on Sunday.

Rockers Bush asking fans to help fund their new album

British rock band Bush has asked fans to help fund its upcoming album.

Flipkart raises $1 bn funding; company valued at $7 bn

The sources said, however, that with this round of fund raising, Flipkart is valued at about USD 7 billion (around Rs 42,000 crore).

Goldman moves executive to new role building ETFs

Goldman Sachs Group Inc has moved an executive from its trading division to its investment-management division to launch a business that will sponsor exchange-traded funds and sell them to retail clients through third parties, according to a memo and people familiar with the matter.

JPMorgan launches emerging markets opportunities fund

JPMorgan Asset Management India on Monday announced the launch of JPMorgan Emerging Markets Opportunities Equity Offshore Fund, an open ended fund of funds scheme that seeks to provide long term capital growth to its investors.

Sequoia Capital says raises $530 million India-focused fund

Sequoia Capital, best known for its early-stage investments in companies such as Google Inc , has raised $530 million for its fourth India-focused fund, the U.S. venture capital fund said in a statement on Friday.

Flipkart raises $210 mn fresh funding

Last week, Flipkart acquired the country's biggest fashion portal Myntra for around $300 million.

AAP to focus on unconventional campaign due to fund crunch

AAP, the toddler among big parties in Gujarat, has decided to go ahead with a low-profile political campaign for the LS polls using unconventional ways to woo voters including street plays and youth internships due to fund crunch.

Parties demand Rs 5,000 cr as Phailin assistance to Odisha

Nine political parties, including the ruling BJD, demanded the Centre to immediately release Rs 5,000 crore for rehabilitation and restoration after Cyclone Phailin.

Govt to provide land, fund for Haj house in Aurangabad

Maharashtra Government will provide land and fund for construction of a Haj house in the city, Chief Minister Prithviraj Chavan said.