Latest Updates Around The World
LIC Mutual Fund opens India’s first women-focused AMC branch (Photo: 1 minute read Last updated: February 9, 2026 | 4:49 pm IS LIC Mutual Fund Asset Management on Monday opened its women-focused branch in South Delhi, becoming the first asset manager in the country to set up a branch aimed at increasing women’s participation in […]
Currently, this facility is only available to investors who hold units directly with the respective fund houses | Photo credit: Getty Images Capital market regulator SEBI has proposed to allow Systematic Withdrawal Plan (SWP) and Systemic Transfer Plan (STP) for investors holding mutual fund units in demat form. This facility is planned to be rolled […]
Founded in 1944, Prabhudas Lilladher Group is one of the few financial services companies that has experienced multiple market cycles. With a sharp focus on research, it has transformed itself into a complete financial services provider under PL Capital. business line spoke with Amisha Vora, promoter, chairman and managing director of PL Capital Group. Extract: […]
The strike ratio this fiscal year fluctuated between 72% and 76%. The systematic investment plan (SIP) cessation rate has been steadily rising in recent months, reaching 76 percent in November, compared to the lowest 63 percent so far in the July fiscal. In November, while new SIP account openings stood at 57.14 lakh, discontinuations/expirations stood […]
In a move that could change the way sanctions-hit Russia deploys billions of stranded Indian rupees, state-owned Sberbank is launching a closed-end mutual fund linked to the Nifty50, essentially opening a direct route for Russian investors to invest their surplus rupees in Indian stocks. The structure offers Moscow a solution to its currency dilemma: When […]
In a move that could change the way sanctions-hit Russia deploys billions of stranded Indian rupees, state-owned Sberbank is launching a closed-end mutual fund linked to the Nifty50, essentially opening a direct route for Russian investors to invest their surplus rupees in Indian stocks. The structure offers Moscow a solution to its currency dilemma: When […]
Binance today announced that the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) will now be accepted as off-exchange collateral for trading on Binance. This validates BUIDL’s role as a fundamental building block of on-chain finance by enabling the exchange’s global user base of institutional and advanced traders to unlock new efficiencies in capital deployment while […]
Capillary Technologies India has raised Rs 394 crore from a group of anchor investors ahead of its initial public offering (IPO), which opens for subscription on Friday, November 14. Ravi Dharamshi-backed Valuequest, French asset management firm Amundi and HSBC are some of the major investors who have received the allocations.The software product company allotted 68.28 […]
SBI Life Insurance, Aditya Birla MF, Morgan Stanley, Goldman Sachs and other entities have cumulatively acquired more than 7.31 CRORE shares, which represents an interest of 6 percent, in Aditya Birla Lifestyle brands of Flipkart Investments. Singapore headquarters Amansa Capital, Nippon India Mutual Fund (MF), Icici Prudential MF, UTI MF, Icici Prudential Life Insurance, Ghisallo […]
Jefferies Financial Group will be confronted with fierce competition from established fund houses, supported by large lenders, including HDFC Bank LTD, ICICI Bank LTD and State Bank of India, whose distribution networks overstrain the entire country. | Photocredit: Eduardo Munoz Jefferies Financial Group Inc is preparing to enter the Indian $ 900 billion assets management […]
