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Equity MFs see first net inflow in eight months as tide turns

MUMBAI, April 16 -- After eight months of net outflows, equity mutual funds attracted net inflows of '7,376 crore in March, with all categories of open-ended funds barring multi-cap, value and contra ... Read More


Lenders likely to take a hit of about '7,000 crore in Jan-Mar quarter

MUMBAI, April 16 -- Compound interest refunds for loans above '2 crore during last year's moratorium will cost Indian lenders over '7,000 crore this quarter, given the government's unwillingness to co... Read More


Future Retail may get 2-yr relief on loan repayments

MUMBAI, April 16 -- Lenders to Future Retail Ltd are hopeful of approving a debt recast plan by the end of this month, with the final draft being circulated among lenders for approval, two bankers awa... Read More


Amazon readies Plan B to take on RIL in case of legal setback

MUMBAI, April 16 -- Amazon.com Inc. is embarking on a massive India expansion plan, including a series of tie-ups with regional retail chains, to ensure that a legal setback in the case with Future Gr... Read More


Factory output contracts, inflation soars

NEW DELHI, April 16 -- India's factory output contracted the most in six months in February for the second consecutive month, even before the second wave of the coronavirus pandemic hit the economy, s... Read More


Normal rains thismonsoon, says Skymet

NEW DELHI, April 16 -- India will likely report normal rainfall in the June-to-September monsoon, a private forecaster said, spelling good news for farmers, consumer demand and the economy. Skymet on... Read More


Industries mull output cut as workers pack up

NEW DELHI, April 16 -- Consumer goods and automobile firms are preparing for possible production cuts as migrant workers-indispensable to these industries-start returning home, fearing a repeat of the... Read More


India rolls out the red carpet for vaccines

NEW DELHI, April 16 -- India agreed to fast-track vaccine approvals that have already been authorized by one of four foreign drug regulators or the World Health Organization (WHO), clearing the way fo... Read More


VARUN SHETH GIVING MADE EASY

NEW DELHI, April 16 -- Varun Sheth tells the story matter-of-factly but it's the stuff movies are made of. In 2012, soon after he founded his crowdfunding company Ketto, Sheth was making daily rounds... Read More


BOLLYWOOD'S TRYST WITH MUMBAI'S MILL STRIKES

NEW DELHI, April 16 -- In one of the many blood-soaked scenes in Sanjay Gupta's latest gangster movie Mumbai Saga, which released in theatres on 19 March, gangster Amartya Rao (John Abraham) kills an ... Read More