DBS to pay Rs 228 cr for 37.5% in Chola Inv

Singapore-based DBS Bank will invest Rs 228 crore to take 37.5 per cent in the Murugappa Group-controlled Cholamandalam Investment and Finance Company.The deal will also see the Murugappa group......

MF investors wait for compensation

Retail investors always end up on the side that loses. In case of mis-selling by mutual fund distributors and insurance agents, they end up buying expensive/unsuitable products or churn their......

BSE, too, kicks off mutual fund trading

Less than a week after the National Stock Exchange launched its mutual funds transaction platform, Asia's oldest bourse, the Bombay Stock Exchange, on Friday made operational its own MF platform......

L&T Finance to enter mutual fund business

Buoyed by 'extremely good response' for its debenture issue, L&T Finance on Wednesday said it is open to enter into the mutual fund business through both organic and inorganic routes. "Mutual fund......