MUST READSAssets Under Management (AUM) in Mutual Funds in IndiaEsha SomadderApril 12, 2024April 12, 2024 by Esha SomadderApril 12, 2024April 12, 202401718 Introduction AUM stands for assets under management, while AMC stands for asset management company. An AMC or fund house is a company that manages investments...
BUSINESSRupee Hits Low of 77.56/$ Amid High Crude Oil PricesNeha VermaMay 18, 2022May 18, 2022 by Neha VermaMay 18, 2022May 18, 20220915 On Tuesday, the rupee hit an all-time down as it closed at 77.56 to the dollar amid the price of high crude oil. The rupee...
STARTUPSPerfios Acquires Karza For $80 MillionNileshFebruary 26, 2022 by NileshFebruary 26, 202202083 Perfios is acquiring Karza Technologies for over $80 Millon in an all-cash deal. The startup had decided to acquire 100 per cent of the issued,...
MARKETSSensex Recovers 367 Points After Losing 4000 Points in 6 DaysNileshJanuary 25, 2022January 25, 2022 by NileshJanuary 25, 2022January 25, 202201088 After a slow start in Tuesday’s session, the local equity recovered some losses due to low-level stock buying but continued to trade in the red....
Latest NewsAditya Birla SUN Life AMC launched new fund schemeadminSeptember 22, 2017 by adminSeptember 22, 20170748 Aditya Birla Sun Life AMC Ltd, launches a new fund scheme which will invest majorly in equity and equity related securities. The company said in...
Latest NewsIDBI Bank aims to raise Rs 28,000 crore through equity, debtadminJuly 25, 2016 by adminJuly 25, 20160632 IDBI Bank has got its shareholders’ approval for raising up to Rs 28,000 crore from a mix of equity and bonds. The bank, at the...
Latest NewsIDBI Bank aims to raise Rs 26,000 crore through equity, bondsadminJuly 22, 2015 by adminJuly 22, 20150504 The IDBI Bank is planning to raise Rs 26,000 crore through a mix of equity and bonds to fund its business growth. IDBI Bank said...