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    1. Business News
    2. Authors
    3. ruchit purohit

    Ruchit Purohit

    Equity MF inflows jump 43%, SIPs hit record high

    According to the data, all 11 categories in the equity funds witnessed positive flows during the month

    By Ruchit Purohit
    April 9, 2022 08:18 IST
    “For a trade which is almost 2-3% of your fund, generating that much cash becomes a problem. There is a bigger problem for smaller funds, while larger funds can still manage to do the same,” said an FPI.
    New T+1 settlement cycle: FPIs’ forex concerns may be addressed by June-July

    According to FPIs, the process becomes difficult for the custodian for confirmation of trades and then to arrange money on…

    By Ruchit Purohit
    March 31, 2022 00:15 IST
    sebi-image
    Sebi revises CIS norms, eases securities transmission procedure

    Tighter norms for these investment schemes will mean safer investment avenues for investors.

    By Ruchit Purohit
    March 30, 2022 02:15 IST
    pvr
    Merger high: Inox, PVR shares hit record highs

    Both the companies on Sunday approved an all-stock amalgamation.

    By Ruchit Purohit
    March 29, 2022 04:30 IST
    SEBi
    ‘Misleading FPO advertising via texts’: Sebi says Ruchi Soya investors can recall bids

    While the exact contents of the text messages are not known, industry sources said they may have been related to…

    By Ruchit Purohit
    March 29, 2022 03:15 IST
    kotak-bank
    Canadian pension fund to sell 40 million shares of Kotak Mahindra Bank via bulk deal

    The sale is at a discount of 0-5% from the current market price. The total deal value is estimated between…

    By Ruchit Purohit
    March 24, 2022 00:01 IST
    markets pic
    Recovery after morning fall: Markets rebound as RIL, software stocks surge

    Sensex closed higher by 696.81 points with 26 of its constituents ending higher on Tuesday

    By Ruchit Purohit
    March 23, 2022 08:32 IST
    With the outbreak of fresh Covid cases in China, the authorities have announced a fresh stimulus package, which also boosted the sentiment.
    FPIs turn net buyers: Sensex soars 1,040 points as bulls return

    Even as the expected tapering by the Federal Reserve remains an overhang for the markets, investors expect policy normalisation to…

    By Ruchit Purohit
    March 17, 2022 01:51 IST
    The RBI last week banned Paytm Payments Bank from onboarding new customers. (Reuters)
    Munish Varma, managing partner at SoftBank, resigns from Paytm board

    The central bank will also appoint an IT audit firm to conduct a comprehensive system audit of the company’s IT…

    By Ruchit Purohit
    March 16, 2022 04:00 IST
    However, during the same period last year, 16 companies had launched their IPOs and raised nearly Rs 15,000 crore. The overall funds garnered through public issues in 2021 surpassed Rs 1 lakh crore. 
    Russia Ukraine crisis: Companies delay IPO plans amid unfavourable conditions

    The volatility in the markets is partly the result of selling by foreign investors and now the Russia-Ukraine war has…

    By Ruchit Purohit
    March 10, 2022 05:30 IST
    Monthly SIPs (systematic investment plans) witnessed a marginal dip of Rs 78 crore MoM to Rs 11,438 crore from Rs 11,516.62 crore in January. The total number of SIP accounts grew from 5.04 crore to 5.17 crore.
    Inflows in equity-linked mutual funds jump 32% in February despite volatility

    During the month, 19 new fund offers raised Rs 3,513 crore across three categories – income/debt-oriented schemes, index and exchange-traded…

    By Ruchit Purohit
    March 10, 2022 01:00 IST
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    Latest News

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    Ghaziabad police have arrested a Punjab and Sind Bank employee for allegedly embezzling over Rs 64 lakh from customer accounts through fraudulent transactions

    After stock market losses, bank employee in Ghaziabad siphons Rs 64 Lakh from customers’ accounts; held

    Growth in US market lifts export growth to three-month high 

    Revamped rural jobs scheme: Infra, fool proof funding in focus

    From Roomba to ruin: Why iRobot, America’s iconic home-tech pioneer filed for bankruptcy

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