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MUMBAI: Mutual fund investors put in Rs 21,262 crore into systematic investment plans (SIPs) in June, an industry body said on Tuesday.This is higher than May's Rs 20,904 crore, the Association of Mutual Funds of India (Amfi) said.Amfi Chief Executive Venkat Chalasani told reporters that...

Shubhakaran Singh, a 21-year-old farmer from Bathinda, died during a clash between security personnel and protesting farmers at Khanauri on the Punjab-Haryana border. 12 police personnel were also injured in the clashes.Mann wrote on Twitter, "Met the martyred farmer's family...As promised...

Kolkata, Eastern Railway has earned over Rs 953 crore passenger revenue in the first quarter of financial year 2024-25, an official said here on Tuesday.He said during the April-June quarter of the current financial year, the Kolkata-headquartered ER achieved a growth of 9.97 per cent in...

Kolkata: Micro-credit indebtedness per borrower should be limited to Rs two lakh, while the number of lenders to a borrower should also be limited to a maximum of four, industry self-regulatory body MFIN said on Tuesday.With almost 80 per cent of micro loans having a tenure of 18 months or...

Mumbai real estate firm Ashwin Sheth Group on Tuesday announced an investment of around Rs 5,000 crore to expand its business and will launch its first public issue in the next 18-24 months.The Mumbai-based company said it achieved sales bookings of around Rs 1,500 crore during the last fiscal...

New Delhi, Larsen & Toubro on Tuesday said it has received a 'significant' order from Hindustan Shipyard Limited (HSL) for partial construction of two Fleet Support Ships (FSS).Orders ranging from Rs 1,000 crore to Rs 2,500 crore are classified as 'critical' by the company."The Precision...

New Delhi, Realty firm Keystone Realtors Ltd on Tuesday reported 22 per cent growth in its sales bookings to Rs 611 crore during the April-June period of this financial year due to strong housing demand.In a regulatory filing, Keystone Realtors, which sells properties under the Rustomjee...

Addressing an event of the Indian community in Moscow, he said that it is a coincidence that number three figures prominently among the many goals of his government's third term.PM Modi said, "My government's goal in the third term is to make India the third largest economy, build three crore...

Moscow: Prime Minister Narendra Modi said here on Tuesday that India is going through a phase of transformation and the pace of development in the last 10 years has surprised the world.Addressing the Indian diaspora in the Russian capital, Modi said India is changing because it has faith in...

The acquisition cost includes an upfront amount of Rs 133 crore and a deferred amount of Rs 50 crore payable over four years.L&T Semiconductor Technologies Ltd (LTSCT) has entered into a share purchase agreement to acquire 100 per cent stake in Siliconech Systems Pvt Ltd, the company said in a...

New Delhi, Larsen & Toubro (L&T) on Tuesday said it has signed an agreement to acquire Bengaluru-based Siliconech Systems for Rs 183 crore.The buyout is likely to add engineering skill sets and design expertise to strengthen the group's presence in the fabless semiconductor business."The...

New Delhi: Global asset manager BlackRock on Monday bought shares of Swan Energy for Rs 304 crore through an open market transaction.According to block deal data available with the National Stock Exchange (NSE), US-based BlackRock through three of its associates acquired 45.56 lakh shares...

Gurugram: Police have arrested 28 people, including nine women, in the last two months for allegedly duping people by offering them investment opportunities in the stock market, police said on Monday.Police said that Rs 38.25 crore has been defrauded in separate incidents of cyber fraud in the...

The state cabinet, headed by Chief Minister Eknath Shinde, gave its approval after Finance Secretary Saurabh Vijay presented the Finance Department's proposal in this regard.The supplementary demands will be necessary as the government will urgently need money to allocate funds for populist...

Mumbai, Japan's Sumitomo Mitsui Banking Corporation and French lender BNP Paribas on Monday announced the start of operations of the Gujarat International Finance Tec-City - International Financial Services Center (GIFT-IFSC) branch.The Japanese lender said the branch will focus on the foreign...

Mumbai: Non-bank lender Piramal Enterprises aims to accelerate growth pace to 15 per cent in the current financial year and increase its assets under management (AUM) to Rs 80,000 crore, according to company chairman Ajay Piramal.Piramal Enterprises had recorded 8 per cent growth in AUM at the...

New Delhi: Amid enthusiastic participation from institutional investors, the initial public offering (IPO) of Ambe Laboratories was subscribed over 173.18 times on the last day of the offering on Monday.According to NSE SME data, bids were received for 69,99,86,000 shares against 40,42,001...

New Delhi, Ajmera Realty & Infra India Ltd on Monday reported 36 per cent growth in its sales bookings to Rs 306 crore in the first quarter of this financial year due to better demand.The company had sold assets worth Rs 225 crore in the same period a year ago.In a statement, Dhawal Ajmera...

Mumbai: The number of persons employed in 27 sectors including agriculture, trade and financial services increased by 3.31 per cent year-on-year to 59.66 crore in 2022-23, according to data published by the RBI on Monday.During 2021-22, employment in these 27 sectors stood at 57.75 crore.The...

Mumbai securitization volumes rose 17 per cent to Rs 45,000 crore in the April-June quarter of this fiscal compared to the year-ago period, according to a report on Monday.The report by national ratings agency Crisil said the latest quarterly figure is in line with the exit of a large housing...