Jio IPO may be pegged at over $6 bn; listing expected in Q2 or Q3 of 2025

Reliance Jio, the telecom business of the Mukesh Ambani-promoted conglomerate, is expected to go for an initial public offering (IPO) of over $6.25 billion either in the second or the third quarter......

Equity NFO pipeline remains strong despite mkt weakness

The equity market’s recent downturn appears unlikely to slow the brisk pace of mutual fund (MF) scheme launches, at least in the coming weeks. Illustration: Uttam Ghosh/Rediff.com Last......

Can't accept FDI blindly, need safeguards: Sitharaman

India will place restrictions on foreign direct investment (FDI) in the national interest to ensure safeguards because of its location in a highly sensitive neighbourhood, Finance Minister Nirmala......

MF licence aspirant list swells with new wave of AMCs ready to roll

India’s thriving mutual fund (MF) industry is drawing interest from several firms, with multiple applications submitted to the Securities and Exchange Board of India (Sebi) for asset......