Paytm Money, one of India’s largest direct mutual funds (MF) selling platforms, has decided to discontinue selling mutual funds directly on its platform, and instead move investors to its broking…
Wall Street wavers ahead of opening bell, June jobs report
Wall Street is wavering ahead of the opening bell Friday before new hiring data is released for June, which is expected to show a pullback by employers compared with the…
Drools doubles down on premium pet foods segment
Bengaluru-based Drools Pet Foods is hungry for growth and has set sights on becoming a unicorn in the next two years. The ambition may not be far-fetched as the company…
Sebi permits FPIs to participate in exchange-traded commodity derivatives market
Capital markets regulator Sebi on Wednesday decided to allow foreign portfolio investors to participate in the exchange-traded commodity derivatives segment, a move that will further increase depth and liquidity in…
LIC, Adani Wilmar get largecap tag in AMFI list, IDBI Bank, HDFC AMC get revised as midcaps; check full list
Newly listed Life Insurance Corporation of India (LIC) and Adani Wilmar stocks have been ranked as largecaps, according to the Association of Mutual Funds in India’s (AMFI) latest stock categorisation.…