Equity mutual funds (MFs) witnessed lower inflows of Rs 5,988 crore in the month of June, compared with inflow of Rs 10,082.9 crore in May, according to data from the AMFI. Net inflow for the MF industry stood at Rs 15,320 crore in June as...

Life Insurance Corporation of India (LIC), which is gearing up to launch a mega initial public offering (IPO), will now have the post of Managing Director and Chief Executive Officer instead of an Executive Chairman on the pattern of public sector...

The last decade brought an avalanche of changes to the HR industry. The growth of artificial intelligence, the rise of the gig economy, the greater diversity and most recently, a global pandemic that has changed the reality of millions...

The Department of Public Enterprises (DPE) will be moved to the Finance Ministry by the government. The announcement comes just hours before a significant government upheaval. The DPE, which was previously under the Ministry of Heavy Industries...

Reliance Industries Ltd (RIL) is looking to buy the Norwegian solar module manufacturer REC Group as part of the oil refiner’s ₹75,000 crore push into clean energy, said two people aware of the development. Chairman and managing...

The Reserve Bank of India (RBI) will purchase government bonds worth 20,000 crore on the open market on Thursday as part of the G-sec Acquisition Programme (G-SAP 2.0). The Reserve Bank of India's governor, Shaktikanta Das, stated earlier this...

The Reserve Bank of India (RBI) on Wednesday imposed penalties on 14 banks for contravening provisions related to bank lending to non-banking financial companies (NBFCs) and maintaining data on large exposures. The penalty was...

Operating profitability of the companies rose in the pandemic year 2020-21, reversing the prior two-year trend of falling profits, even as the impact on profitability and debt repayment capacity has been varied depending upon the size of...

As per the agency, domestic passenger traffic is estimated at about 29-30 lakh, implying a sequential growth of about 41-42% during June, compared to about 19.8 lakh in May 2021. Domestic air passenger traffic is predicted to grow by about...

Reliance Jio is in talks with local and international players for contract manufacturing of its ultra-low cost Android smartphone JioPhone Next. According to reports, the corporation has had talks with Singapore-based electronics firm Flex and UTL...