Equity mutual funds attracted an all-time high net inflow of Rs 28,463 crore in March, on continued interest by retail and HNI investors, who used market correction as a good buying opportunity. The net infusion, which also marks the 13th straight month of net inflow, indicates the underlying bullishness among investors despite record outflow by [...]
Kolkata, Apr 8 (PTI) The ailing foundry industry is facing a double whammy as units are witnessing a sharp rise in raw material costs and declining exports due to the Russian-Ukraine crisis, an official said on Friday. The industry, which is a key component feeder of metal castings to almost all engineering sectors, is seeking [...]
New Delhi, Apr 8 (PTI) The Union Cabinet on Friday approved the signing of a pact between the Securities and Exchange Board of India (Sebi) and Mongolia's Financial Regulatory Commission (FRC). Sebi and FRC are co-signatories to the International Organization of Securities Commissions' Multilateral MoU (IOSCO MMoU), but there is no provision for technical assistance [...]
New Delhi, Apr 8 (PTI) Sebi on Friday formed two working groups to review the role and eligibility of a sponsor of a mutual fund to facilitate growth and innovation in the industry and to streamline the role and obligations of trustees of such financial instruments. The working group for reviewing the role and eligibility [...]
BANGALORE, India, April 8, 2022 /PRNewswire/ -- Vaishnavi Group, a renowned Bengaluru real estate developer with an enviable track record of over 23 years of ahead of schedule delivery, has announced the launch of 'Vaishnavi Life', a premium plotted development located at Yelahanka Extension, just 25 minutes from Hebbal flyover. Spread across 45+ acres, Vaishnavi [...]
New Delhi, Apr 8 (PTI) Abu Dhabi-based conglomerate International Holding Company will invest USD 2 billion in three green-focused companies of Adani Group, helping tycoon Gautam Adani's units fund expansion plans.Adani Enterprises Ltd, the group's flagship firm, will get Rs 7,700 crore (USD 1.02 billion) by issuing preferential shares to IHC, while Adani Green Energy [...]
Mumbai, Apr 8 (PTI) Equity benchmarks posted smart gains on Friday after three days of losses as the RBI kept the policy rate unchanged at a record low and maintained its accommodative stance but flagged inflationary pressures amid the Russia-Ukraine war. The BSE Sensex climbed 412.23 points or 0.70 per cent to settle at 59,447.18. [...]
Shillong, Apr 8 (PTI) Total 45,000 tons of illegally mined coal was seized in Meghalaya's East Jaintia Hills district after the high court pulled up the state government for its failure to check illegal mining, officials said on Friday.The seizures were made over the last three weeks, they said."Over 50,000 tons of coal was seized [...]
Vadodara, Gujarat, India (NewsVoir) The World HRD Congress recently announced the winners of the Global HR Excellence and Leadership Awards during the 30th edition of the event in Mumbai. Rishabh Software was recognized across five categories: Best COVID-19 Project Team, National Best Employer Brand, Dream Employer of the Year, Excellence in Learning & Development, and [...]
NEW DELHI, April 8, 2022 /PRNewswire/ -- Homeopathic treatment has proven effective in the management of several health disorders seen in patients for many months after recovering from Covid-19 infection ('Long Covid'), an analysis of patient data from the last two years at Dr. Kalyan Banerjee's Clinic in Delhi has shown. "We are currently treating [...]
