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US-based D Gaekwad Developments make competing offer for Religare; Burman confident of success

US-based D Gaekwad Developments make competing offer for Religare; Burman confident of success

by AIP Online Bureau | Jan 26, 2025 | Eco/Invest/Demography, Indian News

Following the open offer, Burman’s stake in REL would rise to 53.94 per cent, while Digvijay Laxmansinh Gaekwad proposes to pick 55 per cent stake in the company New Delhi: A day ahead of an open offer, Religare Enterprises Ltd (REL), the holding company of Care...

FPIs withdraw $7.44 billion from Indian equity markets in Jan

by AIP Online Bureau | Jan 26, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

“The sustained strengthening of the dollar and rise in the US bond yields have been the principal factors driving the FII selling. So long as the dollar index remains above 108 and the 10-year US bond yield remains above 4.5 per cent, the selling is likely to...

Equity MF inflows soar to near Rs 4 lakh cr in 2024

by AIP Online Bureau | Jan 26, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

In 2024, the total inflow into equity and equity-oriented schemes stood at Rs 3.94 lakh crore, compared to Rs 1.61 lakh crore in 2023, according to data from the Association of Mutual Funds in India (AMFI).SIPs have become a major contributor to the mutual fund...
Sebi launches digital knowledge repository ‘Dharohar’ on Republic Day

Sebi launches digital knowledge repository ‘Dharohar’ on Republic Day

by AIP Online Bureau | Jan 26, 2025 | Data, Eco/Invest/Demography, Regulation, Wealth Management/ Philanthropy

It is designed to cater to a wide audience, including students, investors, researchers, journalists, market participants and the general public offering insights into the market’s diverse products, participants, and institutions Mumbai: Capital markets regulator...
Transport ministry proposes more sops for scrapping vehicles with BS-II

Transport ministry proposes more sops for scrapping vehicles with BS-II

by AIP Online Bureau | Jan 26, 2025 | Indian News, Policy, Regulation

The Ministry of Road Transport and Highways (MoRTH) in a draft notification issued on January 24 said up to 50 per cent discount would be applicable for all vehicles, both commercial and personal, that are BS-I compliant or were manufactured before the BS norms were...
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