Mar 07, 2017 at 14:12 | Source: PTI
The industry, comprising 43 active players, had an average assets under management (AUM) of Rs 17.37 lakh crore at January-end, the latest data of the Association of Mutual Funds in India (AMFI) showed.
Mar 07, 2017 at 10:10 | Source: CNBC-TV18
Bharat Financial Inclusion on Monday said that 4.5 percent of its gross loan portfolio is under risk of turning into bad loan in the on-going fourth quarter. In a concall, the management said that portfolio with more than 8 weeks overdue was at Rs 383 crore.
Mar 03, 2017 at 13:59 | Source: Moneycontrol.com
The court allowed the firm to make and sell Canmab, a cancer drug of the company. Stock was under pressure so far on the back of inspection reports. The management, earlier this morning, stated the inspections were expected as its dossiers were accepted by US FDA and EMA.
Mar 03, 2017 at 13:15 | Source: CNBC-TV18
The mutual fund industry has grown nearly 10 times in assets over the past 10 years even as folio count growth has been somewhat moderate. Sundeep Sikka, ED and CEO of Reliance Nippon Life Asset Management, says this needs to change.
Mar 02, 2017 at 18:48 | Source: PTI
As of now, the AUM of the company stands at Rs 7,700 crore, which comprises Rs 7,200 crore in equities alone.
Mar 02, 2017 at 15:54 | Source: PTI
Globally, the assets under management of the hedge fund industry stood at an all-time high of USD 3.018 trillion and investors are forecasting a 3.5 percent increase in new inflows during 2017.
Mar 01, 2017 at 18:14 | Source: PTI
"I was surprised to see that the top management of these PSUs rarely interacted with the other PSUs. There are areas like storage space for material where under-utilisation can be overcome if they share resources," the Steel Minister told PTI.
Feb 22, 2017 at 19:42 | Source: Reuters
The cost of recapitalising India's struggling banks would be affordable even under a negative scenario, the International Monetary Fund said on Wednesday, urging government steps to strengthen the financial system.
Feb 22, 2017 at 13:52 | Source: PTI
According to the Securities and Exchange Board of India (Sebi), total assets under management (AUM) of portfolio managers were at Rs 11,97,455 crore at the end of January, as against Rs 11,75,467 crore in the preceding month.
Feb 22, 2017 at 11:57 | Source: Moneycontrol.com
Pension Fund Regulatory and Development Authority (PFRDA) said that they are looking to have a systematic withdrawal plan for National Pension System (NPS) wherein individuals will have an option to have between 15-20 years where they can withdraw a fixed sum from their pension fund.