India's capital markets regulator on Saturday permitted loss-making listed firms to raise funds by selling shares, making it easier for such firms to meet their capital needs.

Previously, only profit

Finance minister P. Chidambaram on Friday said regulator Sebi is expected to announce fresh market reform measures in September, even as he favoured encouraging more people to invest in financial instruments rather than in gold.

There is little respite seen for equity mutual funds in the near term, with government inaction to tackle a sharp slowdown in domestic growth and a shaky global economy driving investors away from ris

The mutual fund industry posted a nearly 16 per cent growth in its average assets under management (AUM) at Rs 6.8 trillion in April on the back of higher inflows to the money market funds, a Crisil R

Market regulator SEBI is planning a multi-pronged strategy to revive the sagging mutual fund industry in the country. It also delegated power to clear IPOs up to Rs 500 crore with its regional office

State-run Bank of India (BoI) on Saturday agreed to buy 51 per cent stake in Bharti Axa Mutual Fund for an undisclosed amount.

With the acquisition, Bharti Enterprises, which has about 25 per cent s

Bengaluru-based Mr Vivek Dhawan is employed as a manager with a leading IT company. The 32-year-old techie lives with his parents and has recently married. His wife is a homemaker. Mr Dhawan has been