DISTRIBUTORS

Aditya Birla Sun Life Quant Fund's NFO raised Rs 2,416 crore, attracting 1,23,762 investors. It's an open-ended equity scheme based on Quant themes. NFO ran from June 10-24, with allotment on June 28 and reopening for subscription on July 1.

People are going to great lengths to obtain popular weight-loss drugs. They are stashing injectables in their carry-on luggage, buying counterfeit formulas online, and importing boxes from Europe. The treatments have sparked extensive media coverage...

The mutual fund industry has added over 81 lakh investors' accounts in the first two months of the current fiscal (FY25), mainly due to consistent marketing efforts, celebrity endorsements and dedicated work of the distribution network.

Power cut: Electricity discom have to provide compensation to you if they have resorted to wilful load shedding. This compensation will be adjusted through your electricity bill. However for other deficiencies of service (if any) you will have to lo...

According to mutual funds research firm Value Research, at present flexi-cap schemes on average have an allocation of 50.9% to blue-chips, 19.9% to large-caps, 22.9% to mid-caps and 6.8% to small-caps.

Heatwave conditions, particularly in the North, are significantly impacting the 'afternoon economy,' affecting sales and footfalls between 12 noon and 4 pm. The scorching temperatures are leading to a decline in the availability of delivery riders, ...

Tata Mutual Fund has issued a public caution notice to alert its investors, distributors, brokers, investment advisors, partners, and the public about fraudulent activities on social media platforms. The notice highlights the presence of fake websit...

About a third (32%) of retailers are limiting stocks of MDH and Everest branded packaged spices alleged to have contaminants exceeding permissible ethylene oxide levels, according to Kirana Club, which has 1.8 million kirana stores on its network.

After many hearings, soan papdi of substandard quality would land Lila Dhar Pathak, a businessman, Ajay Joshi, the distributor and Patanjali assistant manager Abhishek Kumar in jail for six months under Section 50 of the Food Safety and Standards Ac...

Some wealth managers said high-pitch advertising and marketing by fund houses and distributors along with strong returns from equity schemes have led to strong money flows into NFOs. Many investors used the new fund to diversify their existing portf...

Trust MF Flexi Cap Fund was open for subscription from April 5 to April 20. The total assets collected during the NFO period reflect strong interest and participation from investors and distributors, said the press release by the fund house.

Apollo 24/7 is valued at an enterprise value of Rs 14,478 crores. Keimed is valued at an enterprise value of Rs 8,003 crores. Following merger, Keimed shareholders would hold a maximum of 25.7% stake in the combined entity, while AHEL would continue...

TV distribution companies are bundling services to prevent churn, with players like Airtel and Jio offering diverse packages. This strategy aims to retain subscribers amid industry churn, improve customer stickiness, and reduce acquisition costs. Fo...

Nifty opened lower and remained under selling pressure throughout the day. It closed with a loss.

After complaints from retailer associations, brands including Xiaomi and Realme are repurchasing stocks selling at lower prices to trace back the retailer and distributor and penalise them, according to correspondence between the two parties ET has ...

Vivo is likely to take up the office spaces currently occupied by the agents and convert them into its own state office, executives said. Oppo has set up such a structure in Delhi as a pilot, replacing its Chinese distributor with an Indian one. Thi...

ISD scheme enables distribution of ITC received at one location across other branches of a company. It ensures that ITC is allocated in adherence to the prescribed documentation and other legal requirements.

Sanjay Shah discusses the impact of the latest AMFI circular on mutual fund distributors and the opportunity it presents for wealth relationship managers. SEBI's comment on smallcap, midcap categories has led to a shift towards balanced advantage an...

Captain Fresh founder and chief executive Utham Gowda did not disclose the deal value, but said that his firm was fully acquiring CenSea in a cash-and-stock deal, with 90% of the consideration paid in cash.