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Blue chips see cuts in target prices; half of Nifty sees cuts of over 15%
According to data from Bloomberg, banks have seen among the sharpest cuts in target prices -- between 16 and 60 per cent.
Salaries increase for top mutual fund CEOs on robust business growth
According to an analysis of the data made public by mutual funds, the CEO salary given by the top 12 fund houses in terms of assets under management increased in the range of 2-132 per cent in 2019-20
Enforcement of share pledging in Reliance General null & void: Irdai
Reliance Capital believes that the order by Irdai will protect the interest of all lenders and debenture holders of the company.
Employees own more than 6% of Nippon India MF, says CEO Sundeep Sikka
Our strength has always been in the retail segment and that will remain our focus area, said CEO Sikka
Nippon India Mutual Fund PBT down 2% in July-September quarter, net up 20%
Fund house holds on to its position in retail segment and beyond top-30 cities
Nippon India MF looks to regain lost market share after RNam takeover
RNam market share slid from 12% to 8.5% in 4 years; Re-branded fund house looks to regain investor assets in debt-oriented schemes
MF schemes exposed to Altico see 1-8% dip in NAVs after rating downgrade
After corporate entity is downgraded to 'D', fund houses need to take at least 75% markdown
Reliance Nippon MF builds office for distributors
Fund house plans to offer 10 such spaces by June
