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MFs garnered Rs 54,000 crore in 2013-14

Last Updated: Sunday, April 20, 2014, 11:14

Mutual funds pool together money from many investors and invest it on their behalf.

FIIs invest Rs 6,783 crore in Indian stock market in April

Last Updated: Sunday, April 20, 2014, 11:09

Total investment by foreign institutional investors (FIIs) in equities since January 2014 has risen to about Rs 28,979 crore (USD 4.78 billion).

Cash-rich Infosys gifts higher dividend to investors

Last Updated: Tuesday, April 15, 2014, 22:06

With a whopping Rs 30,000 crore (USD 5 billion) in its reserves, cash-rich Infosys has decided to share a part of its wealth with its lucky investors by increasing its dividend to 40 percent of post-tax profits from 30 percent it was paying since inception in 1981.

Religare Invesco MF launches new fund of funds scheme

Last Updated: Tuesday, April 15, 2014, 15:29

Religare Invesco Mutual Fund on Tuesday launched a new open-ended fund of funds scheme 'Religare Invesco Global Equity Fund'.

UBS sees Nifty at 6,900 on positive poll outcome

Last Updated: Tuesday, April 15, 2014, 08:47

UBS Securities expects the Nifty at 6,900 if the markets start believing in a positive election outcome and said its sees a 15 percent earnings growth in FY15.

MFs' exposure to bank stocks hit 14-month high at Rs 40,293 cr

Last Updated: Sunday, April 13, 2014, 15:12

This was the highest level since January 2013, when fund managers had shored up their investment in banking shares to Rs 42,760 crore. This was also the second consecutive monthly rise in exposure.

FIIs put $1.3 bn in Indian equities in April

Last Updated: Sunday, April 13, 2014, 10:23

Total investment by foreign institutional investors (FIIs) in equities since January 2014 has risen to Rs 29,960 crore (USD 4.94 billion).

Market continues to be in poll vault mode; Sensex, Nifty up 1%

Last Updated: Saturday, April 12, 2014, 15:55

The week opened with the multi-phase general elections getting underway on April 7 and the trading was marked by cautiousness and profit-booking.

As Internet shares break down, investors see value in old tech

Last Updated: Saturday, April 12, 2014, 10:54

These legacy names have emerged as an alternative for those who want exposure to the tech sector but are spooked by the slump in high-growth stocks like Netflix .

FIIs need RBI nod to buy further shares in IndusInd Bank

Last Updated: Thursday, April 10, 2014, 21:21

Foreign investors would now have to get prior permission from the Reserve Bank for buying shares in IndusInd Bank as such investment limit in the entity has reached the trigger limit.

MFs see redemption of Rs 1.09 lakh cr in March

Last Updated: Thursday, April 10, 2014, 19:12

Mutual funds witnessed huge redemption of Rs 1.09 lakh crore by investors in March, making it the highest monthly outflow in three years.

Ratnakar Bank raises $55 million from foreign investors

Last Updated: Thursday, April 10, 2014, 16:33

Ratnakar Bank raised Rs 3.28 billion from a group of investors including UK`s CDC Group Plc and Asia Capital and Advisors by selling an undisclosed minority stake, the regional lender said on Thursday.