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Sunday, April 26, 2020

Franklin Templeton crisis: Wary banks review credit lines to funds

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The lenders — some of whom are custodians to MFs — have been in touch with fund officials to estimate the expected mismatch between inflows ...

Franklin Templeton suspends six more schemes

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Since these FoFs had investments in two of the six funds which were closed on Friday, it was difficult for these FoFs to generate any income...

ICICI Prudential Mutual Fund Bharat-22 ETF acquires 1,71cr NALCO shares; stock plunge 2%

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On Monday, NALCO shares will be in focus post bulk deal. from India Infoline News Service https://ift.tt/2y51kgb

Asian markets gain as all eyes on Bank of Japan meet

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In Japan, the Nikkei 225 rose 1.8%, the Topix index also advanced 0.85%, while the Shanghai Composite was fractionally lower. from India I...

Bajaj Finserv employees pledge Rs10.15cr to PM-CARES Fund to combat Covid-19

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The Bajaj Group had earlier pledged Rs100cr in the fight against Covid-19, of which close to 40cr is already operational through various pro...

Money Market Operations as on April 24, 2020

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(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS @         Volume (One Leg) Weighted Average Rate Range A. ...

Most SMEs have run out of cash: Survey

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About 24% of respondents said they have cash reserves to sustain their businesses for the next one to three months, while 23% said they can ...

Government looks at reform measures in agriculture, manufacturing sectors

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The Centre is examining a “significant number” of reforms along with staggered stimulus packages aimed at various stressed sectors of the ec...

CBI arrests Wadhawan brothers from quarantine at farmhouse

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A CBI team on Sunday reached Mahabaleswar and arrested “absconding” DHFL promoter Kapil Wadhawan and his brother Dheeraj Wadhawan alias Baba...