Anil Ambani-led Reliance Group plans to come out with an initial public offering (IPO) during this fiscal year for its mutual fund arm, which is expected to value the company at about Rs. 20,000 crore. It could be the first initial

Mutual fund houses added close to 19 lakh investor accounts in April-May of 2017-18, taking the total tally to a record 5.72 crore, driven by growing interest from retail and HNI investors alike. This is on top of 77 lakh folios

There have been a number of amendments proposed to SEBI (Investment Advisers) Regulations 2013 in the recent consultation paper of the Securities and Exchange Board of India that does not augurs well for mutual funds, distributors as well as advisors. The

Mutual funds have become the all time favorites' of all from investors beginning their investment journey to nearly everyone. More so, since the demonetisation happened, other than many other a lot of domestic money saw its inflow into the mutual

The mutual fund industry has received a massive fund flow to the tune of Rs. 1 lakh crore in the month of January taking the total assets under management for the industry to a record high of Rs 22.41 lakh crore.

India's leading stock exchange BSE (Bombay Stock Exchange) has extended the deadline to submit Aadhar and PAN details for new mutual fund investors to April 1, 2018. The move was made to ensure compliance with anti-money laundering rules. "The effective date

The Securities and Exchange Board of India (SEBI) has introduced a new system of fund classification to categorize mutual fund schemes to make decision making easier for consumers. The asset managers will now have to reclassify their product offerings according to

The returns from small cap mutual funds, over the last 1 and 2 years has been terrible, which might now begin to test the patience of investors in these funds. Poor returns In the more short term period of 1

Microsoft's Windows is the first preference of all the users as it implements various features and facilities that are easy to operate on your system. Run Commands is one such feature that we are talking about. In this article, we are

It looks like one of AMD's graphics card is stolen. Popular chip-maker AMD itself acknowledged that a hacker stole some of the company's graphics IP and is reportedly demanding $100 million for its safe return. What's more? The theft isn't all

Benchmark indices ended the day higher, led by strong gains across global markets, including the Asian markets. Dow Futures also gained almost 1 per cent in trade after the NASDAQ recouped all its losses for the year and turned positive for

An immediate substantive stimulus is required from the Government in the form of support to the poor and support to industry especially the MSMEs, the Confederation of Indian Industries (CII) has said. "With economic activities being restricted for over 50 days

The Indian benchmark indices ended tad higher on Tuesday amid value-buying in frontline stocks as investors shrugged-off concerns over Britain's exit from the European Union. Further, short-covering ahead of June derivatives expiry on Thursday and hopes of good monsoon also lifted

The Indian equities ended higher for the second straight session on Tuesday, with Nifty50 hitting all-time high of 9,300, amid sustained buying by domestic institutional investors and retailers, following upbeat earnings report. The market sentiment got a lift after Reliance Industries

Extending their record-breaking rally, the Indian equities continued its dream run on Wednesday with Nifty breaching psychological level of 10,000 for the first time, on sustained fund inflows and strong earnings by bluechip companies. Investors were in upbeat mood amid optimism

The Nifty hit a new record of 10,150 points in trade today, tracking firm cues from Asian peers, amid sustained buying by retail and foreign investors. On the sectoral front, all the indices were trading in green, barring pharma stocks,

Sony India today introduced its new headphone series and Extra Bass wireless speaker line-up for 2018. The headphones series is designed to offer premium and refined sound, says the company. A wireless design is important when wearing headphones on the go,

Apple has introduced a new feature for Apple Music which the company has named as 'Friends Mix'. The new feature introduced for the Apple Music allows a user to track songs and artists to which their friends have been listening to

True wireless earbuds are gradually gaining popularity in the Indian market. The wire-free audio experience delivered by these audio products is much more preferred by audiophiles than regular over-the-head and neckbands. However, the steep price of true wireless earbuds often acts

Google Stadia cloud gaming service is slowly gaining popularity. As a tough competitor to Microsoft Xbox service, Google Stadia is now making itself available on various smartphones. The newly launched OnePlus 8 and the OnePlus 8 Pro are the latest smartphones

New Delhi, May 09: Chhattisgarh Chief Minister Bhupesh Baghel has written a letter to Prime Minister Narendra Modi demanding of a package worth Rs 30,000 crore to help the state battle the economic crisis due to the coronavirus pandemic, ANI reported.

Indian equity benchmark indices marked new highs in closing trade today. The S&P BSE Sensex rose by 51.01 points, or 0.13 percent to 38,336.76 while NSE's Nifty 50 increased by 11.85 points, or 0.10 percent, to close at 11,582.75. Nifty had

Starting 1 April 2020, dividend income earned on shares of an Indian company or from a mutual fund scheme is taxable in the hands of the receiver based on the tax rate applicable to their total income. The dividend earned will

New Delhi, July 04: Dogs may be our "best friends" but they have emerged as big menace preying on exotic wildlife species, hurting their growth. A pan-India survey by the Ashoka Trust for Research in Ecology and the Environment has sniffed

YouTube launched their answer to the popular video streaming app Twitch a few month back when they launched their own Game Streaming service. Thanks to this service users could stream their games from their PCs and also tune in for live

E-commerce major Flipkart yesterday said it has sold half a million mobile handsets within 10 hours as part of its The Big Billion Days sale. "This sets a record for the highest number of mobile phones sold in India in a

Online ticket platform Paytm Movies today said that its movie segment is aiming to contribute 50 percent to the opening weekend online collection of leading Hollywood and Bollywood Movies by end 2017. "We are thrilled to have a great start

Online entertainment ticketing platform BookMyShow said that it has now joined hands with WhatsApp business pilot program. As part of this test, BookMyShow has made WhatsApp a default ticket confirmation channel for all its users. The company said that it

Mobile-first financial services platform Paytm has joined hands with announced Delhi Daredevils in the upcoming 11th edition of the VIVO Indian Premier League (VIVO IPL). Tickets will go live on Paytm and Insider.in after the 2nd week of March for

The proposal was made during a video conference meeting of AIFF's technical committee, under the chairmanship of Shyam Thapa on Friday.

Coronavirus has clamped the entire country in lockdown and affecting thousands of lives across the world. In a bid to help, ISRO extending support to the Health Emergency Operating Center (HEOC) in Bihar. HEOC will play a vital role in monitoring

Facebook-owned Instagram is in trouble over the Bois Locker Room controversy. Leaked details and screenshots of the private chat group have stirred major outrage across the country over the safety of women across all ages. Now, Delhi Commission for Women Chairperson

Yuva Rajkumar’s foray into movies just got confirmed on his grandfather and Sandalwood legend, Dr. Rajkumar’s birth anniversary. The makers of the young actor’s debut film released the first look poster with the working title, YR 01.   Other than the

Actress Shriya Saran is leaving no stone unturned to use her stardom amid lockdown. Well, the star, who is currently home quarantined in Spain with husband Andrei Koscheev, is doing everything possible to raise funds for COVID-19 relief. And

There has been a lot of speculations revolving around the Telugu remake of Malayalam movie Lucifer, since Chiranjeevi secured the remake rights of the film. Not too long ago, there were rumours about Allu Arjun essaying a cameo in the action

Megastar Chiranjeevi's upcoming film, Acharya and Lucifer remake are undoubtedly going to be one of the biggest Telugu releases. The actor is currently listening to scripts for other projects. Of lately, he has confirmed that he will be working with Meher

The Rolling Stones' rock legend Mick Jagger and American actor Will Smith, on Sunday, joined Bollywood actors for the four-hour concert, that happened on Sunday itself, to raise funds for India's battle against the novel Coronavirus. Some of the other stars

Harry Potter author JK Rowling is contributing 1 million pounds to help some of those hit hardest by the coronavirus pandemic and the subsequent lockdown. The 54-year-old writer made the announcement on account of the 22nd anniversary of the

Vijay, the Thalapathy of the Tamil film industry is totally busy in his career with some interesting projects in the pipeline. If the latest reports are to be believed, the Master star is now all set to join hands with the makers

As India continues its fight against the Novel Coronavirus pandemic, actress Sonakshi Sinha has extended her support to celebrity shout-out platform Tring to raise money for Personal Protective Equipment (PPE) kits for the frontline healthcare workers in India. The Dabangg actress

Choppy market is not an ideal time to make money on the index.

On 8 October 2019, Dussehra or Vijayadashami is celebrated all over India. Dussehra comes from two Sanskrit words, 'Dush' means evil and 'Hara' means destroying. Although Dussehra celebrates the victory of good over evil, the stories behind the festival are different

One of the most 'needed' things currently after protection masks, hand sanitisers are the next best thing to regularly washing your hands with soap. Due to the increased demand and lack of supply of hand sanitisers, spotting one at your regular

Ladies, a time may come in your relationship when you will have to meet your boyfriend's friends. Now, this may sound quite easy but the reality is a bit different. Meeting your boyfriend's friends can be a stressful job, while some

Lindsay Lohan seems to be "back" on the music scene after 12 years. The former child star-turned-singer shared a cryptic video on Twitter on Tuesday. Lohan posted a pre-save link, captioning it as "I'm back!" The 30 second-long clip shows moments

The money from the crowd-funding effort will be donated to a Delhi-based NGO Uday Foundation and the proceeds will be used to provide basic necessities for patients at various locations, migrant workers and slum dwellers.

The report by Pyongyang#39;s official Korean Central News Agency on Saturday came a day after it reported Kim sent a personal message to Chinese President Xi Jinping to praise what he described as China#39;s success in getting its COVID-19 epidemic under control.

Markets are also finding some solace due to the chatter around easing of lockdown restrictions across various countries. This may pave the way for some more upside in the rupee towards 75.70 mark, says Sugandha Sachdeva VP-Metals, Energy Currency Research, Religare Broking.

The domestic currency is seen trading in a band of 75.20 to 76.60 in near term, says Sugandha Sachdeva VP-Metals, Energy Currency Research, Religare Broking.

The central bank curtailed the hours to minimise infection risks and ensure that market participants maintained adequate checks and supervisory controls.