BUSINESS
Indian market to be 'all over the place' ahead of 2019 elections, says Ridham Desai
December 11, when counting for the state elections begins, will be an important date in setting market expectations
BUSINESS
Valuations still high, may lead to downgrades in Q2 earnings: DSP MF's Rohit Singhania
Singhania said a slew of events, both at home and abroad, could overshadow equity fundamentals and keep Indian stocks volatile over the next six months
BUSINESS
HUL, ITC put up encouraging quarterly show despite below-normal monsoon, Kerala floods
For ITC, revenue of non-cigarette FMCG recorded double-digit growth, a healthy sign of the company’s future growth trajectory
BUSINESS
Shikhar Dhawan launches home décor brand DaONE Home
Named after what his peers fondly call him, DaONE Home will have products ranging from soft furnishings such as bed linen, cushions and table linen, DaOne Home will expand into all home décor products including glassware, hard woods and more
BUSINESS
MF Wrap: Rupee fall brings back IT, pharma sectors in favour for mutual funds
The rupee has fallen over 15 percent against the dollar so far this year
BUSINESS
Canara Robeco MF likes IT, pharma, bank, consumption stocks: Krishna Sanghavi
The fund house is underweight on non-banking financial companies, global commodities, and the automobile and telecom sectors
ECONOMY
Axis Bank's Saugata Bhattacharya expects no rate hike from RBI in FY19
Bhattacharya said the RBI policy of focusing on inflation and letting the currency do the heavy lifting was a mature step.
BUSINESS
Mark Mobius expects 5-10% correction in select sectors; bets on NBFCs
In a candid chat with Moneycontrol, the founder of Mobius Capital Partners feels that the Indian government must fast-pace the process of approvals as he is keen to make investments in Indian markets.
BUSINESS
'Opt for index funds': Founder of world's largest fund company has advice for investors
John C Bogle founder of Vanguard Group also said that dividends are the best friends of stock investors.
BUSINESS
Economist Ajit Ranade pegs FY20 GDP at 7-7.5%, inflation at 5%
Ranade expects crude oil prices to inch up to $90-95 a barrel in the near term, widening the current account deficit.
BUSINESS
Mark Mobius says rupee fall almost over; India must reap benefits of weak currency
Mobius is interested in coming to India as the country offers "a lot of bargain" for investments
BUSINESS
Anand Shah says macros not as bad as in 2013, portfolio skewed toward consumption, auto
BNP Paribas Mutual Fund is also positive on financials particularly on private banks, life insurance sector and select retail focused NBFCs
BUSINESS
MF wrap: Uncertainty over appointment of Yes Bank chief prompts funds to cut stake
Not only have mutual funds, foreign institutional investors too cut their exposure in Yes Bank
MUTUAL-FUNDS
Top 5 liquid schemes that saw highest AUM fall in September
Fears of a liquidity crunch following the IL&FS crisis hit the mutual fund industry in September. Cash plans or liquid funds were the worst hit
BUSINESS
Rupee fall brings back IT and pharma sectors in favour: Taurus MF’s Dheeraj Singh
He believes that a strong currency can make the economy extremely uncompetitive and India sorely needs to reduce dependence on fossil fuels for our energy needs
BUSINESS
Hershey India launches iconic Hershey’s kisses chocolate; to invest $50 mln over 5 yrs
The tear-drop shaped chocolate will be available in 3 variants—the all-time classic creamy Milk Chocolate, the popular almonds that and cookies and crème flavor
BUSINESS
Betting on IT, pharma, banks; cautious on telecom, NBFCs: LIC MF's Sarvana Kumar
LIC Mutual Fund manages assets worth Rs 20,426 crore on average and is the 18th largest fund house in the country
BUSINESS
MF distributors relieved as govt defers reverse charge mechanism to Sept 2019
Reverse charge is a mechanism where the recipient of the goods and/or services is liable to pay GST instead of the supplier
BUSINESS
ICICI Prudential Mutual Fund’s CEO Nimesh Shah elected as AMFI Chairman
Shah was elected as Chairman on October 12 and replaces A Balasubramanian, CEO of Aditya Birla Sun Life Mutual Fund, who took over as AMFI Chairman in October 2016
BUSINESS
MF Wrap: Why mutual funds pared stake in NBFCs, HFCs in September
The resulting impact on debt mutual funds' risk appetite had raised concerns about how NBFCs will meet their funding needs
BUSINESS
HUL results robust; oral care numbers below expectations: CFO Pathak
HUL today reported a 19.51 percent increase in net profit to Rs 1,525 crore for the September quarter on account of double-digit growth across categories
BUSINESS
Festive sale! Not just online, it's raining deals, discounts at offline stores as well
Moneycontrol has collated some of the best deals offered in the online and offline space across four, two-wheelers, white goods, fast-moving consumer goods industry
BUSINESS
SIPs withstand volatile markets: MF industry adds Rs 7,727 crore to SIP kitty in September
The total SIP contribution in the last six months for the current financial year stood at Rs 44,487 crore
BUSINESS
Mutual funds add 13.2 lakh folios in September; equity funds lead, debt funds hit
Equity funds added 10.90 lakh accounts last month, taking the total equity fund folios to 4.81 crore
