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Mutual funds' assets under management edge up to fresh records in November Mumbai: Total mutual fund assets under management (AUM) reached new heights at Rs 16.5 trillion (US$ 244.6 billion) at the end of November 2016, up from Rs 16.29 trillion (US$ 241.5 billion) in the month of October 2016, as per the data from Associat...

Livemint December 09, 2016

Sebi working on norms for instant redemption of liquid mutual funds Mumbai: The Securities and Exchange Board of India (SEBI) plans to allow instant redemption of liquid mutual funds into bank accounts, in order to boost inflows and attract retail customers to such funds....

Livemint December 07, 2016

Sebi to soon allow investments in mutual funds through digital wallets Mumbai: The Securities and Exchange Board of India (Sebi) plans to allow investors to make mutual funds transactions worth up to Rs 50,000 (US$ 733) a month through digital wallets, as part of its efforts to digitise the distribution processes for al...

Livemint December 05, 2016

Mahindra and IBM to develop blockchain solution for supply chain finance Mumbai: The Mahindra Group and IBM have planned to jointly develop a cloud-based blockchain solution for supply chain finance, which is one of the first such projects in India in the non-banking space....

Livemint December 01, 2016

Trai lowers ceiling tariff for USSD-based service to a third, at 50 paise per session New Delhi: The Telecom Regulatory Authority of India (TRAI) has lowered the ceiling tariff for Unstructured Supplementary Service Data or USSD service to 50 paise (US$ 0.007) per session, from INR 1.5 per session (US$ 0.022) per session, for mobile b...

Economic Times November 23, 2016
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