$500-mn infra PE fund from UTI

UTI Asset Management Companysaid on Thursday that it has set up a $500 million (around Rs 2,500 crore) infrastructure-focused private equity fund, India Infrastructure Development Fund. The fund is......

Guidelines on infra debt funds likely

To fund infrastructure projects in the public-private-partnership model, the forthcoming Budget could lay down some broad contours on the setting up of debt funds, which will provide investment......

Budget will woo more investors into MF sector

The mutual fund players have welcomed the Budget proposals to increase the income slab for the Rajiv Gandhi Equity Savings Scheme (RGESS) and allow pension and provident funds to invest in debt......

Sensex gains 117 points to 13,731

The markets had a fairly volatile session after languishing in the negative terrain for most of the day they ended near the highest points of the day. Buying was seen in scrips from oil & gas......