NEW YORK: Wall Street edged lower Thursday, weighed down by a sharp drop for The Walt Disney Co and flaring fears about the health of some US banks.The S&P 500 lost 7.02 points, or 0.2%, to 4,130.62, with two out of every three stocks in the index falling. The Dow Jones Industrial Average lost 221.82, […]
Wall Street edges lower following inflation data, drops for Disney, banks Read More »
MUMBAI: Mutual fund assets under management (AUM) crossed the Rs 41lakhcrore mark for the first time ever in April even as monthly flows through systematic investment plans (SIPs) dipped to Rs 13,728 crore from Rs 14,276 crore in March. Industry body Amfi’s data for April showed that debt funds recorded the strongest monthly net inflows
Mutual fund assets hit new high even as SIPs slow Read More »
NEW DELHI: The road ahead for Go First — that tries to rebuild itself amid the ruins of Jet Airways’s so farunsuccessful NCLT route revival plan — won’t be easy. The interim resolution professional (IRP) led new management will have to convince aviation authorities that Go First can fly safely and that it can actually
Irp: IRP needs to assure DGCA of safe flight Read More »
CHENNAI: South Korean car giant Hyundai said on Thursday that it will invest Rs 20,000 crore in Tamil Nadu over 10 years. The carmaker, which signed an MoU with the state government, said the investment will start with an electric vehicle (EV) battery pack assembly unit with 178,000unit annual capacity, which will go onstream in
Hyundai to invest Rs 20k crore more in Tamil Nadu Read More »
