Billionaire Gautam Adani has been charged by US prosecutors for allegedly being part of a scheme to pay $265 million (about Rs 2,200 crore/Rs 22 billion) bribes to Indian officials in exchange of......
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......
There is no shortage of books on the Microsoft founder, but this latest one is different in that it paints Mr Gates in shades of grey, leaving it to readers to make their own judgement about the......
The United States has sanctioned 18 companies and individuals, including two Indians, for their alleged ties to a Houthi network transporting Iranian oil, revenue from which enables Houthi attacks......
Asset management companies launched 239 new fund offerings (NFOs) mobilising Rs 1.18 lakh crore in 2024, with sectoral or thematic equity funds emerging as the top choice of investors, according to......
Inflows into mutual funds' equity schemes increased by over 14 per cent on-month to Rs 41,156 crore in December, even as market volatilities continued. Illustration: Uttam Ghosh/Rediff.com The......
SIF, which was first proposed by Sebi in July 2024 aims to fill the gap between MFs and portfolio management services. Illustration: Dominic Xavier/Rediff.com Specialised investment fund (SIF), a......
Credit-focused SIFs with lower minimum investment thresholds can provide a more practical option for investors with higher risk appetite, suggests Subodh Rai. Illustration: Dominic......
While Angel One and Unifi Capital have obtained the final licence, Jio BlackRock, Capitalmind, Choice International and Cosmea Financial Holdings have received in-principle approvals.......
Siddharth Roy Kapur's RKF aims to raise around $50 million by offering up to a 50 per cent stake in the company. IMAGE: Shahid Kapoor in Deva. Mumbai-based Roy Kapur Films (RKF), founded by......