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Agriculture And Allied Industries

Fiscal Year:

Investors pour ~10,739 cr into equity MFs

Mumbai: The Mutual Fund (MF) industry received a net inflow of Rs 10,739 crore (US$ 1.64 billion) in equity-oriented MFs in May 2017, according to the Association of Mutual Funds o...

June 08, 2017

Schemes in ~10,000-cr AUM club double

New Delhi: Total number of mutual fund schemes in India with assets under management (AUM) of over Rs 10,000 crore (US$ 1.54 billion) have doubled to 12 in the past one year, accor...

May 24, 2017

JM Financial planning to start affordable housing finance unit

New Delhi: JM Financial Ltd is planning to set up an affordable housing finance company to provide home loans to low and mid-income range customers. The company has applied for a l...

May 19, 2017

Paytm raises US$ 1.4 billion from SoftBank, valuation soars to US$ 7 billion

New Delhi: Paytm's valuation post-money climbs to US$ 7 billion as it raises US$ 1.4 billion from SoftBank Group Corp. Post this funding, SofBank's total stake will rise to...

May 19, 2017

The Union Minister of Finance, Shri Arun Jaitley, launches Operation Clean Portal; Will enable citizen engagement for creating a tax compliant society and transparent tax administration

New Delhi: Mr Arun Jaitley, Union Minister of Finance, Government of India, launched the Operation Clean Money Portal on May 16, 2017, in an attempt to create a tax compliant socie...

May 17, 2017

BHIM app referral scheme gains momentum: NPCI

New Delhi: The referral scheme launched by the Prime Minister of India, Mr Narendra Modi, with the aim of increasing the use of Bharat Interface for Money (BHIM) application, has g...

May 17, 2017

Sebi allows commodity options

Mumbai: The Securities and Exchange Board of India (SEBI) has permitted the security exchanges to launch options contracts in the commodity market, which would provide a new cost e...

April 27, 2017

PFRDA smoothens the Process of Registration of Retirement Advisers; Process of submitting application transformed from Physical Mode to Online Mode.

New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) has made the process of registering Retirement Advisers smoother by allowing online submission of applicati...

April 26, 2017
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