Funds

State-owned REC raises Rs 2,195 crore via bonds of different maturities

Market participants said that the company did not raise the entire amount as the investors were demanding a higher coupon

Parliamentary panel criticises fisheries ministry for fund underutilisation

A Parliamentary panel on Tuesday criticised the fisheries ministry for under-utilisation of funds allocated in the Budget and asked it to address the issue. "...the reasons for under-utilisation continue to remain the same," the Standing Committee on Agriculture, Animal Husbandry and Food Processing said in its third report submitted to Parliament. The under-utilisation of funds continues even after more than three years of putting in place a new financial system by the Ministry of Finance, it said. The committee recommended the Department of Fisheries make "serious efforts" and "proactively liaise" with state governments and state fisheries departments to address this issue for positive results. The committee noted that targeted and effective implementation of the department's schemes becomes imperative for the socio-economic upliftment of the fishermen in general and traditional fishermen in particular. "It, therefore, becomes all the more necessary that the Budget allocation fo

Cloud-based testing platform LambdaTest gets $38 mn in Avataar-led funding

"KaneAI is more than a tool-it's a transformative approach to QA, empowering teams to test smarter and faster, with less manual effort," said Asad Khan

Stride Ventures rolls out $300 mn 4th fund as venture debt gains traction

Deployments exceeding Rs 100 crore include companies like BlueStone, Upstox, Moneyview, Ather, among others

World Bank gets $100 billion replenishment of fund for poorest countries

World Bank made the announcement today in Seoul at a pledging conference for the International Development Association, which provides grants and very low-interest loans to 78 low-income countries

Rs 38 crore disbursed for development of wildlife habitats in FY24

Andhra Pradesh is also the only coastal state that has not received any funds under the scheme over the past five years

Business Cycle Funds: Macro-driven funds that can fall prey to timing risk

Business cycle funds aim to optimise returns by aligning their portfolios with different phases of the economic cycle

After recent run-up, enter US-focused funds through SIP for 7+ years

While last year's earnings were concentrated among the seven major tech stocks, non-tech stocks within the S&P 500 have witnessed improved performance this year

Sebi sends Rs 154.5 cr worth notices to RHFL's promoter over fund diversion

Sebi on Wednesday sent demand notices to six entities, including Reliance Home Finance's promoter entity, asking them to pay Rs 154.50 crore for diversion of funds from the company. The regulator has warned these entities for attachment of assets and bank accounts if they fail to make the payment within 15 days. Those who have been sent notices are Crest Logistics and Engineers Pvt Ltd (Now Known as CLE Pvt Ltd), Reliance Unicorn Enterprises Pvt Ltd, Reliance Exchange next Ltd, Reliance Commercial Finance Ltd, Reliance Business Broadcast News Holdings Ltd and Reliance Cleangen Ltd. The demand notices came after these entities failed to pay the fine imposed on them by the Securities and Exchange Board of India (Sebi) in August. In six separate notices, the markets watchdog directed these six entities to pay Rs 25.75 crore each. This includes interest and recovery costs within 15 days. In the event of non-payment of dues, the market regulator will recover the amount by attaching an

Global funds look towards India as financial market jitters pick up

A steady influx of foreign capital has positioned the nation's bonds among top performers in developing markets this year, while the country's stock market hit a record high last month

US fund urges Seven & i to allow due diligence on Couche-Tard buyout offer

Artisan has been among some of Seven & i's vocal foreign investors who have urged the company to focus on its core convenience store business

Inflexor Ventures aims to raise Rs 1,200-1,700 cr for its third fund

VC firm to expand investments in India's technology sector, 'build on success' of previous funds

MFs explore new offerings as quality pack steals march on value stocks

WhiteOak Capital and ICICI Prudential have sought regulatory approval for a first-of-its-kind active quality fund

FPIs may get funds on day of settlement from October, says Sebi WTM

Rs 1 trillion float lying with custodians may reduce with faster remittance

Bajaj Finserv MF launches largecap fund; Greatdeal settles case with Sebi

Sebi proposed guidelines for CRAs to include detailed reasons for rating actions, especially in cases of default and upgrades of default ratings

Former Alibaba India head, 9Unicorn partner launch Rs 1,000 cr fund

Former head of investments at Alibaba Group's India business Raghav Bahl and 9Unicorns ex-partner Soham Avlani on Thursday announced the launch of PROMAFT Partners -- a Rs 1,000-crore venture capital fund. The sector-agnostic fund seeks to invest in companies that have proven exceptional 'product-market-fit'. It plans to make 10-12 investments, with two-three investments in a year. "Growing without product-market-fit is like driving fast in the wrong direction. And product-market-fit without sustainable competitive advantage doesn't create shareholder value. We encourage our entrepreneurs to grow slowly, while investing in the core fundamentals of the business. "We plan to make two-three investments per year. We are backed by prudent investors, which gives our entrepreneurs the advantage to build for the long term," Bahl said. The fund is also backed by Indian family offices and market leaders like Paytm, Zomato, Browserstack, Livspace, PharmEasy, and VideoVerse who will also ...

Simplify investing: Allocate bulk of core portfolio to broad index fund

These index funds eliminate the complexity of selecting individual schemes. Investors do not have to worry about how much to put into various market caps

Secure your future: How to build an emergency fund for financial stability

Knowing you have a financial buffer allows you to focus on other important aspects of your life without worrying about money

Business and economic cycle funds: Dynamic style provides the edge

Business cycle funds invest in themes expected to do well over the medium to long term, such as digital businesses, prem­ium­isation of consumption, and urbanisation

ZEE Entertainment plans to raise funds through issue of shares, QIPs

Leading broadcaster Zee Entertainment on Monday said it is planning to raise funds from the market through various routes, including issuing of equity of shares, and qualified institutions placements (QIPs). Though the company has not specified the amount it plans to raise, Zee Entertainment Enterprise Ltd (ZEEL) in a regulatory filing said its board is meeting on June 6 to consider the proposal for this. "A meeting of the Board of Directors of the Company is scheduled to be held on... June 6, inter-alia, to consider raising of funds by way of issuance of equity shares and/or any other eligible securities (convertible/non-convertible) through permissible modes..." it said. This will be not limited to a private placement, a QIP, a preferential issue, or any other method or combination of methods subject to such approvals as may be required, the filing said. This latest round of fundraising is after the Sony Corporation terminated a deal to merge its two entertainment entities in Ind