Special: The growth of Sonia, Rahul's 'non-profit' firm

How did not-for-profit firm owned 76 per cent by Congress chief Sonia Gandi and her son Rahul possess real estate worth hundreds of crores? N Sundaresha Subramanian and Kavita Chowdhury reportThe......

AMCs look strong but high valuations risk sharper fall in downturns

Given gains in equity prices, it is not surprising that the earnings of asset management companies (AMCs) are growing quicker. Illustration: Dominic Xavier/Rediff.com The earnings momentum looks......

Why Foreign Financial Firms Quit India

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu. Photograph: Nick Zieminski/Reuters Among......

SIP inflows peak at Rs 20K crore as MFs conquer 6.4 million accounts

The mutual fund (MF) gross inflows through the systematic investment plan (SIP) route topped the Rs 20,000 crore mark for the first time in a calendar month as investors opened a record 6.4 million......

Fund houses' ticker-tape parade of fiscal success on the D-Street

The financial numbers for 2023–24 (FY24) of the four pure-play listed asset management companies (AMCs) have enthused the Street. Illustration: Dominic Xavier/Rediff.com All firms listed......