Hyundai Gears Up For Rs 27,856 Crore IPO

India's second-largest passenger vehicles firm will be valued at Rs 1.59 trillion at the top-end of the price band of Rs 1,865-Rs 1,960. IMAGE: Hyundai Motor India Managing Director Unsoo Kim,......

GIC plans to sell mutual fund arm to private playe

Public sector reinsurance company General Insurance Corporation in a bid to focus on its core business, is likely to offload its entire stake in mutual fund subsidiary GIC Asset Management Company,......

Nomura to buy 35% in LIC Mutual Fund

Japan's Nomura Group is set to acquire 35 per cent in LIC Mutual Fund, India's seventh largest mutual fund, after the board of directors of Life Insurance Corporation approved a proposal to induct......

When to sell your mutual fund

You may invest in the best mutual funds consistently, but unless you encash your gains at some point, they remain merely on paper and you don't reap any benefits. Sometimes, it may even be a loss......