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MF Wrap: SIP inflows rise in first 7 months of FY19 despite markets being volatile

At present, domestic mutual funds have about 2.49 crore SIP accounts through which investors regularly invest in Indian mutual fund schemes

The Moneycontrol Show | Best tax-saving options, RBI#39;s Public Credit Registry, market strategies

This is the 16th episode of season two, which will be featured on Saturday Sunday on CNN News 18 at 8:30 am

Trump thinks US will have a trade deal with China

The US President kicked off the trade war in June by slapping additional tariffs on billions of dollars of Chinese exports, piling up pressure on China to reduce over $335 billion trade deficit in $710.4 billion bilateral trade

Trump says US may not impose more tariffs on China

Trump has threatened to impose tariffs on all remaining Chinese imports - about $267 billion more in goods - if Beijing fails to address US demands.

SpaceX gets nod to put 12,000 satellites in orbit to boost internet access

Elon Musk#39;s company has six years to put half in orbit, and nine years to complete the satellite network, according to FCC rules

MF Husain’s unseen works to be auctioned online by Artiana in December

In a bid to make the deals lucrative for the buyers, Artiana’s finance arm is offering an installment scheme which allows buyers to pay for an artwork in installments ranging from 3 months to 24 months

ADB inks loans agreements worth $574 mn for various projects in India

As part of the loan agreements, ADB will provide $300 million to support lending by India Infrastructure Finance Company (IIFCL).

Moneycontrol Wealth Creator Awards | NBFC crisis a panic more in the mind than on balancesheet, says Axis MF chief

Takeaways from a panel discussion on #39;#39;The NBFC crisis and its implications on the financial services industry#39; at the inaugural edition of the Moneycontrol Wealth Creator Awards 2018, held in Mumbai on November 16

FinMin invites bids from MFs, AMCs for managing Debt ETF

In the RFP, DIPAM said central public sector enterprise (CPSE) issuers are one of the most frequent and regularly traded segments of the corporate bond market.

5-10 bank chiefs,including an MNC, in the fray to head Yes Bank

Veteran banker OP Bhat, who was a past chairman of State Bank and one of the two independent members of the search and selection committee, had resigned on November 15 over potential conflicts of interest.

Most of PCA banks meet mandatory priority sector lending for MSME

The officials also pointed out the inclusion of a separate sub-target of 7.5 percent under Priority Sector Lending for the micro sector, which required the target to be met in a phased manner.

Visa picks minority stake in payments processing co Billdesk

According to recent reports, Billdesk was looking to raise $250 million from Visa at an enterprise valuation of over $1.5 billion.

In tough year for finance, Moneycontrol Wealth Creator Awards honour India’s best

The awards ceremony was peppered by speeches, interviews and a panel discussion on the state of the economy, the financial sector and the importance of sustainable wealth creation

Moneycontrol Wealth Creator Awards | Timing of Air India stake sale was not right, says Suresh Prabhu

Speaking at the inaugural edition of Moneycontrol Wealth Creator Awards in Mumbai, Prabhu said that the airline still holds value despite the high debt levels.

Air India sale timing may not have been right: Suresh Prabhu at Moneycontrol Wealth Awards

While Air India has an intrinsic strength and global footprint, the airline also has legacy issues, he pointed out.

E-commerce policy soon, willing to listen to WTO: Suresh Prabhu

The Union Minister said that although the government is willing to listen to the World Trade Organization, the policy will be made by the government.

Wealth Creator Awards: FM Jaitley speaks on how Moneycontrol helps investors, businesses

The Moneycontrol ‘Wealth Creator Awards’ is an acknowledgment of the contributions of professionals from the world of finance, who through their endeavours in generating and distributing wealth to market participants, have helped India attain econom

Moneycontrol Wealth Creator Awards | Timing of Air India divestment was not right, says Suresh Prabhu

Speaking at the inaugural edition of Moneycontrol Wealth Creator Awards in Mumbai, Prabhu said that the airline still holds value despite the high debt levels.

Govt plans $2 bn worth stake sale in ONGC, IOC, Oil India to meet divestment target

In addition to funds raised via stake sale, the companies are also expected to shell out Rs 10,000-crore by way of share buyback, the report says quoting sources close to the matter.

Tata Sons on Jet Airways deal: Discussions at preliminary stage, no proposal made

The company held a board meeting on November 16 to discuss the Jet Airways deal.

Coal output rises 10.4% to 370 MT in Apr-Oct

NITI Aayog has estimated coal demand of 991.35 MT in the ongoing fiscal which also includes import.

Armed with clinical trial data, Indian stent makers prepare to challenge MNC domination

India made cardiac stents which were often dismissed globally including by a section of our own doctors as inferior and not proven for safety and efficacy, are finally breaking that mould.

GVK Power and Infrastructure gets shareholders#39; nod to raise Rs 8,000 cr

The resolution to raise the funds, by a combination of various options listed on the agenda of the annual general meeting (AGM) held on Wednesday, has been passed by the requisite majority, the firm stated in a BSE filing on Friday.

Festive sales to help Mercedes-Benz end year on positive note in India

Mercedes-Benz retained the leadership title during January-September period but saw its sales fall to 11,789 units

Myntra-Jabong CEO Ananth Narayanan denies he is quitting

But he did say that there would be some job cuts in the Jabong arm of the unit.

Liquidity crisis in NBFCs seems to be over: Emkay Global

Indian macros have improved dramatically over the last 15-20 days and it#39;s time to accumulate stocks as a long-term investor, Emkay Global#39;s Krishna Kumar Karwa said.

Tata Sons may end joint venture with AirAsia

Currently, Tata Sons owns 49 percent of AirAsia India with the rest held by Malaysia-based AirAsia Berhad

Automation Anywhere raises $300 mn from SoftBank Vision Fund

The funding is subject to regulatory approvals and satisfaction of other customary closing conditions and is an expansion to the company#39;s series A round announced in July, Automation Anywhere said in a statement.

MM to hike Marazzo price by up to Rs 40,000 from January

The Marazzo was launched in September with introductory prices starting at Rs 9.99 lakh and going up to Rs 13.90 lakh, depending on variants.

Reliance pips TCS to become most-valued firm

In afternoon trade on BSE, RIL#39;s market capitalisation was Rs 7,14,573.46 crore, while India#39;s largest IT firm by revenue TCS slipped to the second spot with a valuation of Rs 7,03,891.09 crore.

India hands over e-rickshaws to Senegal, to boost clean energy ties

India is supplying 250 e-rickshaws with lithium-ion batteries on grant basis to Senegal, responding to the request of Senegal President Macky Sall to Prime Minister Narendra Modi, a Ministry of External Affairs (MEA) statement said.

Govt seeks Tata Sons#39; help to rescue Jet Airways: Report

If the deal is successful, Tata Group will secure Jet Airways#39; landing rights, routes and related infrastructure amenities

Shilpa Medicare gets tentative USFDA nod for multiple sclerosis drug

The company#39;s abbreviated new drug application (ANDA) for Dimethyl Fumarate delayed release capsules in the strengths of 120 mg and 240 mg has been granted tentative approval by the United States Food and Drug Administration (USFDA), Shilpa Medicare said i

Jabong lays off 200-250 employees as growth slows down

The decision is learnt to have been taken following a lack of growth in Jabong#39;s business during the last two quarters

Adobe CEO Shantanu Narayen in Fortune Business Person of the Year list

Narayen, 56, ranks 12th on the list, which has been topped by CEO of insurance company Progressive Tricia Griffith and includes CEO of graphics chipmaker Nvidia, Jensen Huang, French conglomerate Kering CEO François-Henri Pinault, Amazon CEO Jeff Bezos an

#39;Digital disruption#39; to add 1.4 mn new IT jobs in India by 2027: Cisco-IDC report

According to IDC InfoBrief, commissioned by tech major Cisco, new-age jobs will add more than 5 million positions worldwide by 2027.

Trump Jr#39;s business trip to India cost US taxpayers nearly $100,000: Report

In February this year, Donald J Trump Jr, 40, had travelled to four Indian cities, New Delhi, Mumbai, Pune and Kolkatta, to promote the high-rise luxurious condos being build by the Trump Organization, of which US president Donald Trump is the sole owner. Tru

EV flag bearer Mahindra not keen on entering electric two-wheeler market in India

Interestingly, Mahindra is the largest manufacturer of electric vehicles in the country with a portfolio of hatchbacks, sedans and vans powered by batteries

Achilles heel: Secrecy around HR disclosures may turn deal-breaker during MAs

All workplace complaints have to be necessarily disclosed to counter-parties during a transaction
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