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Edelweiss Wealth Management targets to raise Rs 1,000 crore for equity-focused AIF
It may go to foreign investors as well once it has raised up to Rs 3,000 crore. Currently, the company has Rs 1.70 lakh crore of assets under advice on an overall basis
Press Trust of IndiaFebruary 7, 2021/6:06 PM IST -
Mutual funds pulled out Rs 12,980 crore from equities in January on profit-booking
Overall, mutual funds withdrew a net of over Rs 56,400 crore in 2020, data available with the Securities and Exchange Board of India (Sebi) showed
Press Trust of IndiaFebruary 7, 2021/6:00 PM IST -
Government targets 1,000 routes under UDAN scheme: Hardeep Singh Puri
He also said that privatisation is required in the field of aviation as it is not the government's specialisation to run airports
Press Trust of IndiaFebruary 7, 2021/5:51 PM IST -
Nirmala Sitharaman says govt to work with RBI for execution of bank privatisation plan
Nirmala Sitharaman also said that the government has no plan to form any bank investment company to house the government stakes in banks.
Press Trust of IndiaFebruary 7, 2021/5:44 PM IST -
FDI cap hike to raise insurance penetration, help attract overseas funds: Experts
The proposed increase in FDI would also likely result in increased value for customers by way of more product options at reduced costs, he said.
Press Trust of IndiaFebruary 7, 2021/5:24 PM IST -
LED lighting product makers to approach govt over custom duty hike on parts; prices to see 5-10% jump
ELCOMA said that after a hike in the customs duty from 5 to 10% on the import of the components, including driver and MCPCBs used while manufacturing LED lights, prices of the locally manufactured goods will go up.
Press Trust of IndiaFebruary 7, 2021/5:19 PM IST -
Business confidence improves with rollout of vaccines: NCAER
The National Council of Applied Economic Research (NCAER) said the BES findings are based on responses from 500 firms.
Press Trust of IndiaFebruary 7, 2021/4:58 PM IST -
Government may increase MGNREGA spend if need arises: Anurag Thakur
In the current fiscal, it has been raised massively from Rs 61,500 crore to Rs 1,11,500 crore to create additional jobs in the rural areas for those who had lost employment due to the outbreak of the COVID-19 pandemic, he said.
Press Trust of IndiaFebruary 7, 2021/4:48 PM IST -
Scrappage policy: Discarding your old vehicle for new will fetch benefits, says Nitin Gadkari
Gadkari said very soon the finer details of the policy will be unveiled by him and exuded confidence that the automobile industry will turn into one such sector that will generate maximum employment opportunities in the near future.
Press Trust of IndiaFebruary 7, 2021/4:36 PM IST
