Excess earnings of unlisted companies over and above their interest costs are at a record level. Illustration: Dominic Xavier/Rediff.com The interest-coverage ratio of 2.94 is the highest going......
Since April there have been no new NFOs because of the delay in the implementation of the new norms around pooling of funds. Illustration: Uttam Ghosh/Rediff.com Asset management companies......
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......
Sundaram Finance has signed an agreement with BNP Paribas Asset Management to sell 49.90 per cent equity in its wholly owned asset management company, Sundaram Asset Management Company for Rs......
'...over the long-term can be done only by investing in equities.''And during weak macros, one needs to allocate more than drawing it down, because they offer the best entry point.' Illustration:......