Starting November 12, Vistara aircraft will be operated under the Air India banner, to be identified by a special four-digit flight code beginning with “2”.
Posts tagged Rediff
Equity MFs see record Rs 41,887 cr inflow in Oct (11-11-2024)
Equity mutual funds witnessed a record inflow of Rs 41,887 crore in October, marking a surge of over 21 per cent on a month-on-month (MoM) basis, fuelled by robust investments in thematic funds. This also marks the 44th consecutive month of net inflow in the equity-oriented funds, highlighting the ever-increasing appeal of mutual funds among investors, data with the Association of Mutual Funds in India (AMFI) showed on Monday.
Merged Air India-Vistara’s 1st flight on Tue (11-11-2024)
Vistara will be merged with Air India on Monday night, and from Tuesday onward, the Vistara flight code will change from ‘UK’ to ‘AI2XXX’.
RPL stock case: Relief to Ambani as SC junks Sebi plea (11-11-2024)
The Supreme Court on Monday dismissed a plea filed by Sebi against a Securities Appellate Tribunal order which set aside the penalty imposed by the market regulator on RIL chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in shares of the erstwhile Reliance Petroleum Ltd (RPL) in November 2007. A bench of Justices J B Pardiwala and R Mahadevan said it was not inclined to interfere with the order passed by SAT.
RBI’s framework for reclassification of FPI to FDI (11-11-2024)
The Reserve Bank of India on Monday issued an operational framework for reclassification of investment made by a foreign portfolio investor to foreign direct investment (FDI) if the entity breaches the prescribed limit. Markets regulator Sebi too has issued a circular on procedure for reclassification of FPI investment to FDI.
Reliance Consumer takes trade margin fight to snacks (11-11-2024)
After trying to make a dent in the cola market with Campa by offering higher trade margins to the supply chain, Reliance Consumer Products is betting on the same strategy to capture the chips, namkeen, and biscuits market in the country’s booming snacks sector.
Sensex, Nifty close flat amid unabated FII selling (11-11-2024)
Tata Steel, Bajaj Finance, Mahindra and Mahindra, JSW Steel, NTPC, Adani Ports, Bajaj Finserv and Larsen and Toubro were also among the laggards. However, Power Grid, HCL Technologies, Infosys, Tech Mahindra, Tata Consultancy Services and ICICI Bank were among the gainers.
Sensex, Nifty close flat amid unabated FII selling (11-11-2024)
Tata Steel, Bajaj Finance, Mahindra and Mahindra, JSW Steel, NTPC, Adani Ports, Bajaj Finserv and Larsen and Toubro were also among the laggards. However, Power Grid, HCL Technologies, Infosys, Tech Mahindra, Tata Consultancy Services and ICICI Bank were among the gainers.
MFs cast their lines for record Oct catch (11-11-2024)
Mutual funds (MFs) reinforced their record monthly inflows in October with an investment of Rs 87,000 crore (up to October 29), softening the downside pressure on domestic markets. Their prior record for monthly inflows was Rs 48,139 crore in May. This unprecedented monthly buying partially countered record monthly sales by foreign portfolio investors (FPIs) of Rs 1.1 trillion last month.
New biz premium of life insurers rises 13% in October (11-11-2024)
Life insurance companies reported a 13.16 per cent year-on-year (Y-o-Y) growth in new business premium (NBP), totting up Rs 30,347 crore in October, even as the number of policies sold saw a sharp decline. The growth was largely driven by strong performance from private sector life insurers.