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Explained: What Franklin Templeton shutting six funds means for MFs, debt markets

Finance

24 April, 2020

Explained: What Franklin Templeton shutting six funds means for MFs, debt markets

The coronavirus pandemic has begun taking its toll on India’s debt markets. In what may be a sign of things ......

Indian investors eschew equity mutual funds as economy falters

Markets

31 January, 2020

Indian investors eschew equity mutual funds as economy falters

Indian retail and institutional investors shied away from domestic equity markets last year as a slowing economy ate into stock ......

Mutual fund investments platform WealthBucket raises pre-Series A funding

TMT

31 December, 2019

Mutual fund investments platform WealthBucket raises pre-Series A funding

Wealth Bucket Capital Advisors Pvt. Ltd, which operates mutual fund investments-focussed startup WealthBucket, has raised Rs 18 crore ($2.52 million ......

Passive equity funds set to beat active funds for second year

Markets

13 November, 2019

Passive equity funds set to beat active funds for second year

India's passive index-tracking equity funds are set to beat their active stock-picking counterparts in returns for a second successive year ......

Now, a lenders' takeover of DHFL just short of two regulatory nods

Finance

21 August, 2019

Now, a lenders' takeover of DHFL just short of two regulatory nods

All banks have consented to converting financially-troubled Dewan Housing Finance Corp. Ltd (DHFL)’s debt into equity, and now await greenlight ......

Grapevine: IndiGo founders set to reach compromise; TVS may sell stake in warehousing biz

General

25 July, 2019

Grapevine: IndiGo founders set to reach compromise; TVS may sell stake in warehousing biz

InterGlobe Aviation Ltd, which runs budget airline IndiGo, has finalised a new policy on related-party transactions to address concerns raised ......

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LP commitment to Indian public markets-focused PE and hedge funds remains slow

Finance

14 May, 2019

LP commitment to Indian public markets-focused PE and hedge funds remains slow

Capital flow into Indian private equity and hedge funds that focus on public markets remained slow during the January-March quarter ......

Accel, Omidyar Network top up investment in online mutual funds platform Scripbox

TMT

11 January, 2019

Accel, Omidyar Network top up investment in online mutual funds platform Scripbox

Scripbox Advisors Pvt. Ltd, which operates an eponymous online investment platform, has raised $21.7 million (around Rs 151.26 crore at ......

Fintech startup Orowealth snaps up India Quotient-backed WealthTrust

TMT

09 January, 2019

Fintech startup Orowealth snaps up India Quotient-backed WealthTrust

Online mutual funds platform Orowealth has acquired wealth management app WealthTrust for an undisclosed amount. The two companies, which are both ......

UK-based angel investors back wealth management app CashRich

TMT

23 November, 2018

UK-based angel investors back wealth management app CashRich

Wealth management app CashRich, owned by Thane-based CR Fintech Pvt. Ltd, has raised angel funding worth $1 million (Rs 7 ......