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The amount will be used to fund the payout for the voluntary retirement scheme (VRA), which is likely to cost over Rs 200 crore.

  • 31 March, 2023
  • 11:09 AM
  • less than a minute
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Interest paid on this loan will be 9%.

  • 31 March, 2023
  • 10:38 AM
  • less than a minute
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The backers of first fund, Abu Dhabi Investment Authority, Singapore's GIC and family office Premji Invest have committed to invest in the second fund also.

  • 29 March, 2023
  • 1:43 PM
  • less than a minute
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The 3 entities that will be merged in it are L&T Finance Limited, L&T Infra Credit Limited, and L&T Mutual Fund Trustee Limited.

  • 27 March, 2023
  • 12:59 PM
  • less than a minute
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The scheme is a fixed maturity fund and will invest in debt securities like Corporate Bonds, Non-convertible Debentures and Government Securities have Low volatility with minimal churn.

  • 27 March, 2023
  • 1:05 AM
  • less than a minute
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Amendment to end long term capital gains tax treatment of debt mutual funds put pressure on AMC stocks.

  • 24 March, 2023
  • 4:28 PM
  • less than a minute
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Money market funds saw inflows of $121 billion in the week in which SVB collapsed.

  • 23 March, 2023
  • 4:07 PM
  • less than a minute
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The Scheme will dynamically allocate its net assets to equity and equity related securities and debt instruments.

  • 23 March, 2023
  • 12:08 PM
  • less than a minute
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The fund management team will endeavor to maintain a consistent performance in the scheme by maintaining a balance between safety, liquidity and profitability aspects of various investments.

  • 22 March, 2023
  • 12:13 PM
  • less than a minute
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The investment strategy of the Scheme will be to invest in a basket of securities forming part of Nifty 100 Low Volatility 30 Index in similar weight proportion.

  • 21 March, 2023
  • 10:11 AM
  • less than a minute