SIP inflows up 48% till October

New Delhi: Investments in mutual fund (MF) schemes have increased by 48 per cent year-on-year to Rs 35,000 crore (US$ 5.41 billion) between April-October 2017.

MF investments in equities cross Rs 1 lakh cr in 2017

New Delhi: Investments made by domestic mutual funds in the equities market have crossed the 1 lakh crore (US$ 15.3 billion) mark as on November 10 for the CY2017.

MF equity folios at all-time high

Mumbai: Mutual fund (MF) equity portfolios in India reached a record high of 46.63 million, of which 7.6 million portfolios were added in 2017.

Altico Capital receives board approval to raise Rs2,000 crore debt

Bengaluru: Non-banking financial company (NBFC), Altico Capital Pvt Ltd, is looking to invest Rs 3,000 crore (US$ 462.92 million) in real estate projects over the coming five month...

Auto part firms line up investments in Gujarat to meet auto makers' demand

Mumbai: Indian auto component companies have planned investments worth Rs 1,500 crore (US$ 231.74 million) in the state of Gujarat, in order to meet demand from automobile manufact...

Vedanta to invest US$ 9 billion in India, says Anil Agarwal

New Delhi: Vedanta Resources Plc is planning to invest around US$ 9 billion in India and create more than a million direct or indirect jobs in the country, according to Mr Anil Aga...

SBI-WB sanction Rs 2,317-cr for 575 mw rooftop solar projects

Mumbai: With the aim of giving a boost to renewable energy, the State Bank of India (SBI) and the World Bank have decided to sanction credit worth Rs 2,317 crore (US$ 356.82 millio...

Oil PSUs start up with Rs 320 cr fund, to invest in 30 innovators

New Delhi: A Rs 320 crore (US$ 49.13 million) fund has been launched by 10 oil companies owned by the Government of India, to invest in 30 innovating start-ups in various sectors.<...