L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management (India) at $425 million. LTIM is the investment manager of the mutual fund business of......
Indian developers’ interest in marquee London properties seems to be rising steadily. After Lodha Group’s Rs 3,000-crore (Rs 30 billion) acquisition there recently, another Mumbai firm,......
With stock markets getting into a buoyant mode, mutual funds are stepping up their draft filings with the regulator Sebi for new equity schemes. As per data available with the Securities and......
Retail investors must either use the systematic investment plan route or even if they are investing lumpsum, they should hold on to the units for 5-10-15 years and benefit from compounding. Choose......
Schemes among the six wound up by the fund house had given a loan of Rs 518 crore against non-convertible debentures to the firm in March 2019, according to ED's chargesheet. Illustration: Dominic......