Brigade Hotel Ventures ₹760 Cr IPO opens at ₹85–90 price band; anchor investors pump in ₹325 Cr. Proceeds to fund debt repayment, land purchase, and expansion.
Whirlpool India: EQT and Bain Capital are now the frontrunners in acquiring a 31% controlling stake in Whirlpool of India, as TPG, KKR, Havells, and Reliance Industries have reportedly withdrawn from the race. Both EQT and Bain Capital are currently performing thorough due diligence, with binding offers expected by August.
Indias mutual fund AUM reached Rs 65 trillion in FY25, growing at 24% CAGR since FY20. Retail and HNI participation also rose, driven by fintech-led SIP adoption, equity fund outperformance, and expanding reach in Tier-2 and Tier-3 cities.
Dinesh Kumar Khara envisions a future where Indian banking prioritizes customer centricity through personalized services and diverse channels. Technology will drive cost reduction and support corporate ecosystems. Post-COVID digital adoption has reshaped payment systems and retail growth, fostering responsible borrowing and the financialization of savings through mutual funds and alternative investments.
At least ten Indian and foreign asset managers plan to launch higher-risk, long-short equity funds to wealthier investors after the regulator approved the strategy earlier this year, according to executives at these firms and public filings.
SBI Mutual Fund is the largest fund house based on assets managed which as on June 30 had an AUM of Rs 11.99 lakh crore and manages 126 funds. Here are its top 10 stock holdings, according to a report by Motilal Oswal Financial Services. SBI Mutual Fund
Eight mutual fund houses witnessed a surge of more than Rs 10,000 crore in their respective AUMs. There are 45 mutual fund houses in the mutual fund industry (Source: ACE MF) AUM surge
The shares of Glenmark Pharmaceuticals surged 20% on Friday, July 11, to a days high of Rs 2,286 following a landmark $2 billion licensing deal with U.S. pharma giant AbbVie for its cancer drug, ISB 2001.
Stock Market Today | Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 10th July 2025
India Business News: ICICI Prudential AMC has filed for a Rs 10,000 crore IPO with SEBI, offering 10% of its equity. The fund house, a joint venture between ICICI Bank and
The scheme will allocate at least 95% and up to 100% of its assets to equities that are part of the Nifty100 Low Volatility 30 Index. The remaining 0–5% may be invested in government securities such as G-Secs, state development loans (SDLs), treasury bills, triparty repos, or units of liquid mutual funds, the fund house said.
Amidst a market rally, promoters and strategic investors are selling, while mutual funds are actively buying, investing nearly $4 billion in the last three months. Fueled by strong SIP inflows and substantial cash reserves, MFs are capitalizing on these sales.
Market experts suggest a multi-asset strategy for investors due to geopolitical tensions and inflation. Viraj Gandhi of SAMCO Mutual Fund highlights the benefits of diversification across equity, debt, and commodities. Chethan Shenoy from Anand Rathi Wealth advises investors to manage asset allocation at the portfolio level. Multi-asset funds saw inflows of Rs 11,054 crore this year.
SBI Mutual Fund has launched the SBI Nifty200 Momentum 30 Index Fund, targeting top 30 high-momentum stocks from the Nifty200. The NFO closes on July 3, with a Rs 5,000 minimum investment. The fund aims to enhance portfolio returns through trend-based investing.