Key challenge for Sundararaman Ramamurthy, the new BSE chief

At BSE, Ramamurthy's vital stint at NSE will come in handy as the country’s oldest bourse will look to develop some cracks in NSE’s dominance. Samie Modak and Khushboo Tiwari report.......

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......

LIC Nomura MF hopes to garner Rs 100 cr from RGESS

LIC Nomura Mutual Fund hopes to garner around Rs 100 crore (Rs 1 billion) from around 20,000 retail investors under its newly launched Rajiv Gandhi Equity Savings Scheme (RGESS)."We hope to garner......

Mutual funds may continue as net sellers of domestic equities

Domestic institutional investors (DIIs) may not be net buyers of Indian equities in the near term on lack of inflows and are likely to continue with redemption or sit on sidelines, mutual fund......