Ashish Kacholia, Mukul Agrawal, others invest Rs 120 crore in IPO-bound Fusion CX
Ace investors Ashish Kacholia and Mukul Agrawal-backed Sanshi Fund, along with Kotak Mahindra Life Insurance, acquired a combined 3.19% stake worth Rs 120 crore in Fusion CX ahead of its Rs 702 crore IPO opening on October 14.
International mutual funds top return chart last week, offer up to 11% gains. Check top 5 performers
International mutual funds topped the returns chart for the week ended October 9, with the Mirae Asset NYSE FANG+ ETF FoF leading the pack with 10.66% returns. Of 626 funds, 148 delivered positive returns, while 474 posted losses.
9 stocks zoom up to 37% in 3 months; MFs raise stakes in September quarter
Mutual funds increased their stakes in approximately 44 of these companies compared with the June 2026 quarter. Interestingly, most of these stocks delivered negative returns over the past three months despite higher mutual fund holdings.
FII selloff intensifies! Foreign investors sell Indian equities worth Rs 45,000 crore in just 6 sessions
Foreign investors sold Indian equities worth Rs 45,125 crore in October’s first six sessions, nearly matching September’s outflows. Elevated US bond yields and crude oil prices continue to pressure markets, while inflation data and geopolitical developments could influence the selling trend.
NTPC invites industrial partners for 26% equity in co-generation projects
NTPC Limited invited Expressions of Interest from commercial and industrial entities willing to invest 26 per cent equity in co-generation projects, according to the state-run power company.
ET Alpha Wealth Summit 2.0: What do Shah Rukh Khan and SIFs have in common? Radhika Gupta explains
Edelweiss Mutual Fund MD and CEO Radhika Gupta says investors should approach Specialised Investment Funds (SIFs) with clear portfolio goals rather than chase new products or returns. Speaking at the ET Alpha Wealth Summit 2.0, she highlighted their tax efficiency, the importance of understanding derivatives-based strategies, and the need to assess risks, costs and realistic […]
9 penny stocks surged up to 315% in 6 months; 3 turned multibaggers
Nine penny stocks with market capitalisations below Rs 1,000 crore and share prices under Rs 20 gained up to 316% in six months, supported by strong price momentum and minimum trading volumes of 5 lakh shares.
Bonus, dividends, rights issues and stock splits: TCS, Vedanta, Ola Electric among 14 stocks turning ex-record date this week
Around 14 companies, including TCS, Vedanta and Ola Electric Mobility, have key corporate action dates scheduled between October 12 and 16. The announcements cover dividends, bonus issues, rights issues, stock splits and share consolidations.
Abakkus MF, JioBlackRock MF file draft documents with SEBI for 3 funds each
Abakkus Mutual Fund and JioBlackRock Mutual Fund have filed draft scheme documents with Sebi for six proposed launches. The offerings include three hybrid funds, two target maturity index funds and a silver ETF.