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MUTUAL FUNDS NEWS
Should you invest in equity mutual funds focused on US tech stocks?
Thu, May 23, 2024     Source : Mint
Equity mutual funds investing in shares of technology companies based in the US have delivered handsome returns for investors in the last few months.
MUTUAL FUNDS NEWS
Mutual funds’ incentive for small city outreach in limbo after a year
Thu, May 23, 2024     Source : Business Line
Experts suggest restructuring B30 incentives to promote wider expansion and inclusion
MUTUAL FUNDS NEWS
SBI Mutual Fund and Zerodha Mutual Fund files draft documents with Sebi
Thu, May 23, 2024     Source : Economic Times
SBI Mutual Fund and Zerodha Mutual Fund have filed draft documents with Sebi for a quant fund and a fund of fund investing overseas, respectively.
MUTUAL FUNDS NEWS
Policy continuity to be key for the return of FIIs: Mirae Asset MF CEO Swarup Mohanty
Thu, May 23, 2024     Source : Financial Express
So far since April, FIIs have net sold nearly Rs 37,400 crore worth of shares in India.
INSURANCE NEWS
Mahindra & Mahindra Finance secures IRDAI license to offer tailored insurance plans
Thu, May 23, 2024     Source : Economic Times
Mahindra & Mahindra Financial Services today announced that it has obtained a certificate of registration from IRDAI ( Corporate Agency License) to act as a ‘Corporate Agent under the Insurance Act, 1938.
INSURANCE NEWS
IRDAI introduces new corporate governance regulations for insurers
Thu, May 23, 2024     Source : Economic Times
The Insurance Regulatory and Development Authority of India (IRDAI) has asked insurance companies to seek prior approval for the appointment of their Board Chairperson, effective immediately.
NEWS
Sensex ends 267 points higher, Nifty near 22,600 ahead of Fed mins
Thu, May 23, 2024     Source : Economic Times
Domestic equity indices recovered from a weak start to finish higher on Wednesday, led by gains in fast-moving consumer goods and Reliance Industries, ahead of the Federal Reserve minutes due later in the ...
NEWS
Sebi cracks whip in Superior Finlease stock price manipulation case
Thu, May 23, 2024     Source : Business Standard
It has barred 17 entities and individuals from the securities market for five years and two others for three years each for allegedly operating a pump and dump scheme
NEWS
Bluechips drive India past $5 trillion market capitalisation milestone
Thu, May 23, 2024     Source : Business Standard
63% of mcap growth contributed by top 100 firms
NEWS
Financial services, IT top on FPI selloff list in May
Thu, May 23, 2024     Source : Economic Times
Overseas investors were sellers of Indian equities worth ?27,258 crore across 14 sectors between May 1 and 15, as per NSDL data.
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