MF houses go slow on NFOs, file draft papers for 59 schemes in Apr-Jul

With a wide array of existing mutual fund schemes, asset management companies are going slow on launching new ones in a highly competitive landscape as they filed draft documents for 59 new fund offerings (NFOs) in the first seven months of the year. In comparison, draft papers for 70 NFOs were filed in… Continue reading MF houses go slow on NFOs, file draft papers for 59 schemes in Apr-Jul

Manipur reports fresh violence, 15 houses torched, 1 person shot

Security personnel fired several rounds of tear gas shells to disperse the mob and bring the situation under control, they added | File photo Fifteen houses were set on fire in Manipur’s Imphal West district where fresh violence broke out, officials said on Sunday. The incident happened on Saturday evening at Langol Games… Continue reading Manipur reports fresh violence, 15 houses torched, 1 person shot