India's diversified stock funds posted their worst quarterly performance in over a year as fund managers' bets on small- and mid-cap shares and sectors like capital goods dented unit values, data......
The IPO is an offer for sale of 38 million shares by SBI, BOB, LIC, PNB and T Rowe Price. Barring T Rowe and PNB, the others are selling stake to comply with Sebi norms. UTI Asset Management......
Mutual funds made a profit of more than Rs 15,000 crore (Rs 150 billion) on sale and redemption of investments during 2005-06. Thirty-one asset management companies together purchased Rs 99,218......
The rupee fell to its weakest in two months against the dollar on fears the US Federal Reserve would start winding down its stimulus, although central bank intervention and soothing trade deficit......