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Retail investors see opportunity in the rising market
A 15 per cent spike in the stock markets since the beginning of the year has given retail investors an opportunity to exit their mutual fund (MF) schemes. The net outflows from MFs were Rs 456 crore in January, according to statistics from the Association of Mutual Funds in India (AMFI). In Images: What's fresh in the New Chevrolet Tavera Neo 3However, the actual sale figures were much higher. The

Air India begins sounding LIC and mutual funds for bond sale

Government-owned Air India, which is to issue non-convertible debentures (NCDs) to raise funds for repaying its debt mountain, has begun informally sounding Life Insurance Corporation (LIC) of

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Bharti Airtel net dips on lower mobile phone use

India’s largest private telecom company, Bharti Airtel, on Wednesday reported an eighth straight quarter of decline in net profit — sending its share down 6.6 per cent — on lower

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Largely smooth sailing after a shaky start

Upendra Kumar Sinha, 59, had made his intentions clear quite early. “Speed is going to be the essence now,” the 1976-batch Bihar cadre IAS officer had said in one of his first public

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BoI to revamp 350 large city branches

Public sector lender Bank of India will revamp up to 350 key branches in metro and large cities to project these as “Branch of the Future” over the next 18 months to scale up the retail

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Entry load or not, most foreign funds got it wrong

“When a fund house like Fidelity exits, it does not augur well for the Indian mutual fund industry,” says the chief executive officer of a leading fund house. But, he is quick to add,

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