Mutual Fund assets now a fifth of bank deposits

New Delhi: Domestic mutual fund (MF) industry's assets under management (AUM) is nearly a fifth of the banking system deposits as it touches Rs 20.06 lakh crore (US$ 313.06 bil...

Sebi panel recommends easing block deal framework

Mumbai: The Secondary Market Advisory Committee (SMAC), formed by the Securities and Exchange Board of India (Sebi), has recommended to extend the block deals window from the curre...

Edelweiss ARC to raise Rs 500 cr via debentures

Mumbai: Edelweiss Asset Reconstruction Company Limited (EARC), which has assets under management (AUM) worth Rs 41,680 crore (US$ 6.53 billion), plans to raise Rs 500 crore (US$ 78...

Equity MFs saw record inflow of ~20,000 crore in August

Mumbai: Equity mutual funds in India witnessed record net investor inflows worth Rs 20,000 crore (US$ 3.11 billion) in August 2017 and also crossed Rs 20 lakh crore (US$ 311.45 bil...

Nifty's earnings growth to take off from Sept quarter, says CLSA

Mumbai: The earnings growth of Nifty companies is expected to pick up pace and reach double digits from September 2017, on the back of improved macro environment, according to brok...

India Inc on record fundraising spree; Rs 62,000-crore IPOs filed with Sebi

Mumbai: Indian enterprises are expected to raise record funds worth Rs 2.5 lakh crore (US$ 39.14 billion) from the financial markets with more than 150 companies interested in init...

India-focussed offshore funds, ETFs mop up US$ 2.6 bn in Q1

Mumbai: India-focussed offshore funds and exchange traded funds (ETFs) have achieved growth of 10.2 per cent in their combined assets and have received inflows of US$ 2.6 billion i...

Capital Float raises US$ 45 million in series C led by Ribbit Capital

Mumbai: Indian digital lending startup, Capital Float, has received funding of Rs 293 crore (US$ 45 million) from Ribbit Capital in its series C investment round, which will be uti...