The Enforcement Directorate has registered a criminal case of money laundering against ABG Shipyard Ltd, its former promoters along with others for allegedly cheating a consortium of 28 banks of......
The Enforcement Directorate on Tuesday raided multiple premises in Mumbai, Pune and Surat in connection with a money laundering probe against ABG Shipyard Ltd in an alleged Rs 22,842 crore bank......
State Bank of India has sold 37 per cent stake in its mutual fund arm -- SBI Fund Management Pvt Ltd -- to France-based Societe Generale Asset Management (SGAM), for an undisclosed sum.The......
Retirement fund manager EPFO's apex decision making body, Central Board of Trustees, will appoint new managerson Thursdayfor its huge corpus of Rs 3.5 lakh crore (Rs 3.5 trillion)."The final......
SBI Funds Management (SBI MF) will distribute the fifth tranche of Rs 3,303 crore to unitholders of Franklin Templeton Mutual Fund's six shuttered schemes during the week beginning Monday. With......
The Rs 6,145-crore initial public offer of electric two-wheeler company Ola Electric Mobility got fully subscribed on the second day of bidding on Monday, driven by demand from retail investors and......
Although the recent turmoil in the market is viewed as a correction by the large fund houses, they are yet to foresee any good news, at least for the time being. "Expect more bad news in the first......