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Mutual Fund managers have pumped in a whopping over Rs 75,000 crore into equities in the first eleven months of the current fiscal amid sustained volatility in the stock markets. This comes on top of Rs 68,121 crore invested in the entire past fiscal. Growing participation from retail investors, especially from small towns and several measures taken by markets regulator Sebi led to robust inflows in equity schemes, industry experts said.
Equity and equity-linked saving schemes have witnessed a net inflow of Rs 75,394 crore during April-February period of 2015-16, according to latest data with Association of Mutual Funds in India (Amfi). -
Indian firms have raised a staggering over Rs 58,000 crore through issuance of non-convertible debentures (NCDs) in the ongoing fiscal, amid a sluggish equity markets. This was much higher than Rs 9,713 crore garnered in the entire last fiscal. Most of the funds have been mobilised for expansion, to support working capital requirements and for other general corporate purposes. NCDs are loan-linked bonds that cannot be converted into stock and usually offer higher interest rates than convertible debentures.
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German police have arrested two people they suspect are linked to the Islamist suicide bombers who killed 31 people in Brussels on Tuesday, the German newsmagazine Der Spiegel said in an unsourced report on Friday. A cartoon by Rohnit Phore on the Brussels attack.
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Bangaldesh will take on New Zealand while Sri Lanka will clash with England in their respective Super 10 matches of T20 World Cup.
