There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu. Photograph: Nick Zieminski/Reuters Among......
Hemendra Kothari has been at the helm of DSP Merrill Lynch since the organisation was formed in the summer of 1984. The 25-year relationship is set to end with Kothari deciding to retire on March......
New York-headquartered hedge fund BlackRock Inc has acquired the 40 per cent stake held by Merrill Lynch in mutual fund DSP Merrill Lynch Fund Managers, in a move that signals the world's fifth......
Exodus of top managers an unintended side effect of roaring MF industry Illustration: Uttam Ghosh/Rediff.com The mutual fund (MF) industry has never had it better. Assets are growing at a......
The news of the headline inflation figure for April dipping to 8.7 per cent from 9 per cent year-on-year in March has not brought any cheer to consumers. High inflation in the past years has......