RIL Among Mutual Fund’s 10 Most Desired Stocks During Earnings Season
Mutual funds ramped up bets on the Mukesh Ambani-led company in October despite an unexpected drop in Reliance Industries (RIL) second-quarter profit. Two other top...
Tag : Invesco
Invesco Raises $5.4 billion in China Investments; Flags Economic Risks
US-based Invesco’s Chinese joint venture withstood a volatile first half and attracted USD 5.4 billion from local investors. However, the country’s persistent zero-COVID policy poses...
Zee Sony Merger Receives Approval From NSE, BSE
On Thursday, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) approved the proposed merger of ZEE Entertainment Enterprises Limited (ZEEL) and Culver...
Religare has decided to exit mutual fund business, sells its stake to partner Invesco
Religare, with the sale of its controlling 51 percent stake in Religare Invesco AMC to the foreign partner Invesco, decides to exit the mutual fund...